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  • Report:  #257621

Complaint Review: CORNERSTONE INVESTMENT GROUP AKA WWW.CASHFLOWANDEQUITY.COM - Internet

Reported By:
- Queens, New York,
Submitted:
Updated:

CORNERSTONE INVESTMENT GROUP AKA WWW.CASHFLOWANDEQUITY.COM
Internet, U.S.A.
Phone:
800-9593815
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Buyer beware of this company that lulls in the average real estate investor looking to purchase property. These people certifiy, falsely advertise that their rehabbed properties are in excellent condition which they are substandard even dangerous conditions faulty wiring exist. They buy these run down homes for little or nothing do substandard repairs and then sell the properties for 300% or more and claim them to be priced below market value then they provide you with false comparisons. They claim to screen the tenants so the investor can purchase a turn key property but they really dont screen the tenants they place any and every type of people in the properties. Once your property has closed they leave you holding the bag with the substandard dangerous conditions properties with less than feasible tenants in them. DONT purchase any investment properties through this company or use the property management company they recommend its a scam!

Veronica

Queens, New York

U.S.A.


4 Updates & Rebuttals

4MoreMoney216

Cleveland,
Ohio,
USA
Contractor for company

#2General Comment

Tue, November 08, 2016

Greetings all! I have done contracting work for this company on properties in Ohio. From my experience, the company will not accept substandard work by rehabbing contractors. If a problem or hazard should arise, Chris and the area manager is right on top of it to correct the situation. I have been asked to make ceratin additions/changes to the properties to ensure the residents safety. 


Veronica

jamaica,
New York,
U.S.A.
CASHFLOWANDEQUITY NOW CHANGED TO CASHFLOWWITHEQUITY

#3Author of original report

Sat, October 10, 2009

Buyer Beware!!!! Dont be fooled!!! This is my mission to put these scam artists out of business for good and warn all potential investors about these scam artists Chris Stroud and www.cashflowwithequity.com now and pinnacle property solutions. New Name WWW.CASHFLOWWITHEQUITY.COM (check out the website www.cashflowandequity.com and the title changes without you knowing check it out for yourself, they obviously did this to divert people from knowing the truth about this fly by night garaged company). Same scam artists, same people, same ripoff!!! Also beware they have another title going by the name Pinnacle Property Solutions same address 2470 Windy Hill Rd Suite 461 Marietta, GA 30067 this is the same bone head scam artists CHRIS STROUD and his "partner" DON. There needs to be a class action lawsuit against these bone heads! There are enough people complaints filed to file a lawsuit against them! Here is the bone head's information www.cashflowwithequity.com chris stroud  800-959-3815 716-566-9549 770-615-3725 770-988-9080 Here is the information from the Better business bureau Business Contact and Profile Name: Pinnacle Property Solutions Phone: (800) 959-3815 Fax: (770) 988-9080 Address: 2470 Windy Hill Rd SE Ste 461 Marietta, GA 30067-8627 Website: www.cashflowwithequity.com Principal: Mr. Chris Stroud, CEO Customer Contact: Mr. Chris Stroud, CEO Employees: 1 File Open Date: October 2002 Type of Business: Real Estate Investors, Real Estate, Real Estate Consultants, Real Estate Services BBB Accreditation: This organization is a BBB Accredited business. Additional DBA Names: Cornerstone Investment Group, LLC Additional Locations and Phone Numbers Additional Phone Numbers Tel: (585) 226-1517


David

Pomona,
California,
U.S.A.
These are Scam artists

#4Consumer Comment

Sat, January 10, 2009

For what ever it is worth I have read on other real estate boards there is a class action suit brewing on these guys. Be careful.


Mr

Miami,
Florida,
U.S.A.
Opposite Experience

#5Consumer Comment

Sun, December 28, 2008

My partner and I have been buying properties from cashflowandequity.com for nearly two years and have had only positive experiences. The properties are in good shape when we buy them and generally speaking have paying tenants. Occasionally I have had problems with tenants but what company can guarantee that each tenant will be perfect? Real estate investing is like stock investing. There are no guarantees you just do your due diligence and take calculated risk. These guys have sold hundreds of properties and I have heard very few complaints. My partner and I have made nice money and I would recommend cashflowandequity.com very highly.

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