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Report: #283525

Complaint Review: International Association Of Investors, LLC. - Venice, FL 34292 Florida

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  • Reported By: San Jose California
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  • International Association Of Investors, LLC. 421 Commercial CT. Suites C & D Venice, FL 34292, Florida U.S.A.

International Association Of Investors, LLC. International Association of Investors - seminars and real estate investments with inflated promises covered by disclaimers Venice Florida

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I am now 73 years old and was forced into retirement three years ago. To supplement my Social Security income I attended an International Association of Investors three day seminar on how to accomplish this. I ended up purchasing the "GOLD" package (for about $23,000) which allowed me to attend a basic seminar (Jump Start U) and three specific seminars. The three seminars I selected were Forclosures, Factoring, and Note Buying. I attended the Forclosure seminar in Orlando given by Gerald Martin. At the time he told me that he would work with me on my first forclosure but I could never get in touch with him. I latter attended the Factoring seminar in Philadelphia given by Brad Magill. I purchased a personal mentoring package from him for about $4000. My web site created some cash flow but the cost of advertising by way of pay-per-click on Yahoo and Google cost more than I was bringing in. Latter I attended the Note Buying seminar given by Eddie Speed. This also ended up with a negative cash flow. About a year ago I purchased a one bedroom apartment in Orlando after being told that the appreciation rate was over 30%. 6 months ago I also purchased a one bedroom apartment in Phoenix where I was told that the appreciation rate was also very high. I intended to keep these for about a year and then sell them. Even with a negative cash flow I expected to make a small profit out of this investment but with real estate in the toilet I can not even sell them for what I owe. The bottom line is that I will be forced into bankruptcy.

Raymond
San Jose, California
U.S.A.

This report was posted on Ripoff Report on 11/07/2007 01:22 PM and is a permanent record located here: https://www.ripoffreport.com/reports/international-association-of-investors-llc/venice-fl-34292-florida-34292/international-association-of-investors-llc-international-association-of-investors-semi-283525. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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