- Report: #1281665
Complaint Review: Colin Caughey - Florida
-
Author Confirmed
Why?
Colin Caughey
Florida, USA
Web:
Cashrichproperties USA property wealth f4p worldwide flipping4profit myrichesse
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Colin Caughey, Colin Roth, Colin Caughey Roth, Right Choice Realty, Flipping4Profit, UsaPropertyWealth, ExtremePropertyWealth, Dolf de Roos, CashRichProperties, ConMan, Cheat, Fort Myers Florida Florida
Colin Caughy aka Colin Roth or Colin Caughey Roth. Side kick Jodie Oniel, Di etc who did the banner ad type websites and webinar pictures. From the Gold Coast, Australia. Originally from Mudgee, NSW. Once had address of PO Box 72, Broadbeach. Worked for Remax at one point. Leaves a trail of defunct companies, websites, lies, broken promises and people who paid exorbordant commissions who are probably stuck with properties they can't sell at a profit, and then he'll blame everyone else saying he is trying to help people and how can someone be so unappreciative.
His business model is almost always the same. Colin Caughey sets up a new company website and/or worms his way into a real estate business in the USA. Usually a realtor or foreclosure auction company. Conducts seminars and webinars in Australia and other countries to rope in investors with cash to buy perceived relatively cheap properties in the USA and charges each a minimum $6000 commission or higher buyers fee on top of all the other buyers fees (auction or realtor fees) which is way more than a legal US realtor commission. I don't know how this can be legal as he's not qualified to give investment advice nor is he a realtor in the USA and previously never had a business visa or licence to work there anyway. They go to seminars in California themselves on 'how to do seminars' and how to upsell etc.
They buy foreclosure properties with investors money, (or any properties they think they can make a commission on), renovate with the clients money (making under the table kick back commissions from the builder and renovator, which is the clients money but don't tell them) then try to sell it. If it sells he then wants 50% of the profit which low and behold was never discussed at purchase. This is before he even knows what the investor's buying and selling costs were. If he doesn't get it he will pack a tantrum like a psycho, threaten to sue, put a lien on the property, call your mother names etc. Entirely unprofessional and makes things up (usually commissions for himself) as he goes along.
If a house doesn't sell at a profit it's the investor's problem and he uses the excuse 'the market has changed' or it's everyone elses fault but his and moves on. He's 'moved on' from Cleveland, Detroit, Las Vegas, Phoenix etc, currently in Florida. He's burnt his bridges everywhere he's been, hence he will say'the market has changed' (and he can't go back there).
Another scheme he will promote is the joint venture, where investors can pool their money (as little as $100 each) to buy and renovate and/or flip a property. He'll take 50% of any profit (plus kick backs along the way) even tho he's put no money in. And while you're there you'll be sold some other network marketing internet ponzi scheme on the side. To date there are no details of anyone actually getting their money out.
He teamed up with Dolf de Roos (currently president of a crowdfunding real estate scheme) for awhile and in Australia they conducted seminars selling foreclosure bus tours in Phoenix for $15,000. (travel and hotel extra), You could go on similar tours in Phoenix for fifty bucks. But wait there's more, you could also invest in old buses turned into permanent homes for low income earners right here in Australia with a company called ReturnFareInvestments.com. This company has since closed under dubious circumstances.
Colin Caughey arranged to buy 25 iPads on behalf of his Phoenix bus tour investors, but not before the supplying Apple store had to provide him with a free iPad and laptop for arranging the purchase. (kick backs everywhere). The bus tour folk were given a hotel booking code in phoenix so there was probably another hidden commission or kick back there also.
Cashrichproperties.com.au flipping4profit, myrichesse.com, usatrustedhomebuyer.com the list goes on.
http://apps2.leeclerk.org/FreeSearch/CaseDetail.aspx?CaseID=252395302
https://www.facebook.com/myrichessecreatingwealth
http://theopinionatedactuary.com/2014/02/27/beware-of-bad-investments-my-experience-last-month-with-a-questionable-investment-proposal/
http://theopinionatedactuary.com/2014/02/27/beware-of-bad-investments-my-experience-last-month-with-a-questionable-investment-proposal/
https://www.realestatesecrets.com.au/extreme/3/
https://www.propertyinvesting.com/topic/4403270-anyone-heard-of-return-fare-investments/
http://www.flipping4profit.com/home.php?referrer=f4p
http://f4ptest.com/aboutus.php?referrer=
https://www.facebook.com/flipping4profit/
https://www.facebook.com/Flipping4Cash/V
https://www.facebook.com/people/Colin-Caughey-Roth/100001800633331
http://affiliate-sale.com/flipping-4-profits-review-next-online-real-estate-scam
http://www.iol.co.za/business/personal-finance/news/beware-of-property-flipping-scheme-1.1703479
https://books.google.com.au/books?id=0UtbAQAAQBAJ&pg=PA251&lpg=PA251&dq=colin+caughey+remax&source=bl&ots=zmVUvR8qq1&sig=EG0EtLvAH8v-Z_ohqPmZfT5rOhk&hl=en&sa=X&ved=0ahUKEwjWmsyh3pDKAhXRGo4KHZYfAUEQ6AEIHzAB#v=onepage&q=colin%20caughey%20remax&f=false
https://www.stickytickets.com.au/1262/holidaysandcash_australian_event__become_recession_proof_and_be_on_permanent_vacation.aspx
http://www.cashrichproperties.com.au/
https://www.facebook.com/myrichessecreatingwealth
http://www.usatrustedhomebuyer.com/We-Buy-Houses-330-354-49
1 Updates & Rebuttals
Steve
Fairfield,Alabama,
Australia
Flipping4profit
#2Consumer Comment
Mon, November 14, 2016
I am another victim of Flipping4profit in Australia Sydney. This company has ripped me more than $10000. I cannot let this guy Collin continue to rip someone else, we need to put him to jail.
