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Report: #1299136

Complaint Review: Alltimate Property Management - Flint Michigan

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  • Reported By: Dave — Coconut creek Florida USA
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  • Alltimate Property Management Flint, Michigan USA

Alltimate Property Management Elite Real Estate ProfessionalsJenefer Oliver Real Estate Ripoff Flint Michigan

*Author of original report: News Story Channel 12 (ABC) Flint MI

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On December 10,2015 I was introduced to Alltimate Property Management by a somone that was suppose to be my friend in the South Florida Ares.  His Name was Adi Asrof.  He told me that he works with a great company that is buying distressed properties at bargain prices and is renting them out for a great profit. He worked with Alltime Property Management of Flint Michigan, and the owner is Jenefer Oliver.  He had 4 houses left that they supplied me with Real Estate Comps showing that they were worth 165,000.   I purchased them from them for $105,000 plus 15,000 for repairs, at total of 120,000.  The intent was to rent 2 for 550.00 each, and flip the other 2 for a small profit.  As months went by they never rented out the two that they promissed, and never sold the other two for me.

I grew suspicious on the first week of April, and found a licensed Broker to check out the properties for me.  He called me on April 6, 2016 to inform me that he was certain that I was scammed by all involved.   First of all he checked the 4 properties out and they were all in bad areas, and 2 of them were in very bad shape,  He then informed me that he checked and Alltimate bought all 4 and paid slightly over 15,000 for ALL four.  The value today is appro. 20,000 for all four and I was taken for 100,000.   He then investigated and found out that Jennefer Oliver's Brokers License had lapsed and advised me to contact the Sheriff's office.   On April 8, I contaced the Sheriff's Office in Genessee County along with the Michigan Attorney Generals  and filed a complaint.   I hope no one else out there gives this company an oppertunity to rip them off also.

 

This report was posted on Ripoff Report on 04/11/2016 12:33 PM and is a permanent record located here: https://www.ripoffreport.com/reports/alltimate-property-management/flint-michigan/alltimate-property-management-elite-real-estate-professionalsjenefer-oliver-real-estate-r-1299136. 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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#1 Author of original report

News Story Channel 12 (ABC) Flint MI

AUTHOR: - ()

POSTED: Friday, May 06, 2016

http://www.abc12.com/home/headlines/ABC12-Investigates-Property-Scams-378173531.html

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