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Report: #371730

Complaint Review: ARTO Advantage Rent To Own Richard Friedberg Richard Friedburg - Phoenix Arizona

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  • Reported By: Arvada Colorado
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  • ARTO Advantage Rent To Own Richard Friedberg Richard Friedburg Phoenix Arizona Phoenix, Arizona U.S.A.

ARTO Advantage Rent To Own Richard Friedberg Richard Friedburg Took 16K Franchise Fee and Kept No Promises - No Leads - No Investors - No Substance Phoenix Arizona

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I thought I was a applying for a job (Craigslist). Pretty soon I was putting a SIXTEEN THOUSAND DOLLAR check in the mail. Yes, Richard Friedberg is that convincing. I thought I was buying leads for investors who would want to rent-to-own their homes and I thought I was buying powerful advertising methods for securing tenants for those investors. I never received one lead. I never received one address for a vacant home in need of a tenant. I never received the name and phone number of even one investor. I was always told to come up with the qualified tenants first and then the investor would be provided. So I was supposed to advertise homes for rent/purchase that did not even exist - make stuff up and advertise it on Craigslist!

Supposedly I was given a 100% guarantee (and I was!) but this was not honored when I requested my "franchise fee" back. They kept my money.

The rules changed quickly even though I had made sure the contract spelled things out clearly. Within a week or so of getting my money, they told me I would have to buy the promised leads from a telemarketing company they had hooked up with. Originally they claimed to have an active telemarking arm of their own. I feel that I threw away sixteen thousand precious hard earned dollars and have nothing but regret to show for it.

Colorado realtor
Arvada, Colorado
U.S.A.

This report was posted on Ripoff Report on 09/10/2008 03:22 PM and is a permanent record located here: https://www.ripoffreport.com/reports/arto-advantage-rent-to-own-richard-friedberg-richard-friedburg/phoenix-arizona/arto-advantage-rent-to-own-richard-friedberg-richard-friedburg-took-16k-franchise-fee-a-371730. 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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