Property Masters Of America ripoff dishonest breach of contract criminal Phoenix Arizona
Property Masters of America, claims "is a professional, full-service real estate & property management firm" My personal experience with the Arizona Headquarters has been nothing short of criminal! Investor beware: they do NOT follow through with making repairs; they do NOT document repairs; they DO NOT do credit checks on tenants; they DO NOT fulfill their promise regarding "guaranteed rent"; they DO NOT protect your investment; they DO NOT adhere to any professional standards.
What do they deliver? They DO ALLOW criminals, unemployeed and homeless people to occupy YOUR investment property. The DO LIE TO YOU. They DO completely disregard your requests for assistance; They DO disregard all Home Owner Association Rules costing you hundreds of dollars in HOA fees; they DO allow your investment property to look like a homeless shelter.
They DO laugh all the way to the bank with YOUR money. This has resulted in $100,000 in net losses to me personally in EIGHT MONTHS of: eviction legal fees, property repairs, bounced rent checks, no rental income, and I cannot put a dollar figure on the emotional stress, headaches and frustration they have caused me.
They have UNRESOLVED Better Business Bureau complaints, they have UNRESOLVED Bad Business Complaints, and they are STEALING investors monies.
Very disappointed in Arizona
Disgruntled
Phoenix, Arizona
U.S.A.
3 Updates & Rebuttals
Isabella
San Jose,California,
U.S.A.
Beware before signing.
#4Consumer Comment
Thu, November 18, 2004
I was looking for Property Management company as well, they had send me some information but I had looked them up on the BBB website. It did indicate that the were many unsolved complains against them. It was more then 2 years ago. Its' worth to do some research. - It will solve lots of aggravation and headaches
Atomicdeflection
Tempe,Arizona,
U.S.A.
You have to be careful out there many businesses have info they don't want you to see
#4Consumer Comment
Tue, August 31, 2004
it's nice that we as home buyers have the internet as a smart home buyer one should now how to use the internet.
http://www.superiorcourt.maricopa.gov/docket/civil/caseSearchResults.asp?lastName=&FirstName=&bName=west+usa+realty&x=41&y=12
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Case Number Party / Business Name - Address
CV2004-001538 West U S A Realty - Addresses are not available via the Internet
TJ2003-002336 West U S A Realty - Addresses are not available via the Internet
CV1996-011486 WEST U S A REALTY - Addresses are not available via the Internet
CV2003-010716 West U S A Realty - Addresses are not available via the Internet
CV2003-014084 West U S A Realty - Addresses are not available via the Internet
CV1994-002498 WEST U S A REALTY CORP - Addresses are not available via the Internet
CV1994-001925 WEST U S A REALTY INC - Addresses are not available via the Internet
TJ2003-003498 West U S A Realty Inc - Addresses are not available via the Internet
TJ2004-001174 West U S A Realty Inc - Addresses are not available via the Internet
CV2003-016062 West U S A Realty Inc - Addresses are not available via the Internet
CV2004-002773 West U S A Realty Inc - Addresses are not available via the Internet
TJ2003-000982 West U S A Realty Inc - Addresses are not available via the Internet
TJ2003-003243 West U S A Realty Inc - Addresses are not available via the Internet
CV2003-010243 West U S A Realty Inc - Addresses are not available via the Internet
CV2004-014093 West U S A Realty Inc - Addresses are not available via the Internet
CV2003-006965 West U S A Realty Inc - Addresses are not available via the Internet
CV2004-013107 West U S A Realty Inc - Addresses are not available via the Internet
TJ1994-002187 WEST U S A REALTY INC - Addresses are not available via the Internet
CV2004-000371 West U S A Realty Inc - Addresses are not available via the Internet
CV2004-000372 West U S A Realty Inc - Addresses are not available via the Internet
CV2003-022417 West U S A Realty Inc - Addresses are not available via the Internet
CV2002-024690 West U S A Realty Inc - Addresses are not available via the Internet
CV2002-024791 West U S A Realty Inc - Addresses are not available via the Internet
CV1999-021255 West U S A Realty Inc - Addresses are not available via the Internet
CV1996-022058 WEST U S A REALTY INC - Addresses are not available via the Internet
Erik
Bend,Oregon,
U.S.A.
Dear Disgruntled of Phoenix, in my experience, the people at the company have been honest and trustworthy
#4Consumer Comment
Fri, August 27, 2004
It sounds like you have had a very bad experience and it does cause me concern. However, I am surprised that you are not willing to even state your first name and supply any details of your personal experience to add credibility. After all, how do you know that they don't do credit checks? Why didn't you just sell the house right away rather than wait 8 months given you continued bad experience?
I too am a client of Bosworth Residential and Home America (formerly Property Masters)though my experience has been far different than yours. I bought my first house in 11/03 with a close in mid Feb 04. It leased in less than a week for $200 per month more than anticipated resulting in positive cashflow on 5% down. This first house has appreciated 9% in about 6 months making the ROI stellar. While I can say I have noticed an opportunity for improved customer service and follow up, from an investment perspective, this has been an amazing opportunity! Houses #2 and #3 have appreciated even more spectacularly. Most importantly, in my experience, the people at the company have been honest and trustworthy.