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647
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196
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Ben G.
  • Investor
  • Indianapolis, IN
196
Votes |
647
Posts

Out of State Company naming Indianapolis Operators Scammers

Ben G.
  • Investor
  • Indianapolis, IN
Posted Jul 19 2017, 10:17

Has anyone in Indianapolis ever worked with Carlos Altamirano with CFA Investments LLC ?

Looking at his BP profile I see he's from Orange County California.

One of my customers sent me a screenshot of an email he sent to my customer basically accusing me of being a scammer.

I've never had any contact with Carlos or his company, but apparently he doesn't mind dragging my company name through the mud all the way from Orange County California. Are there any local Indianapolis cash buyers that have experience with this so called professional who is operating out of Orange County?

See below:

We have an A+ rating with the BBB and dozens and dozens of testimonials and 5 star reviews from our customers.

If you ever find out that you're competing with this guy beware that he may be spreading lies about your company.

User Stats

438
Posts
293
Votes
Andy Rumple
  • Wholesaler and Real Estate Broker
  • Indianapolis, IN
293
Votes |
438
Posts
Andy Rumple
  • Wholesaler and Real Estate Broker
  • Indianapolis, IN
Replied Jul 19 2017, 10:43

Ben is cool. Never heard a bad thing about him.

User Stats

248
Posts
191
Votes
Nick G.
  • Investor
  • Moorpark, CA
191
Votes |
248
Posts
Nick G.
  • Investor
  • Moorpark, CA
Replied Jul 19 2017, 10:45

@Ben G. The moron can't even spell the word "sign." I wouldn't be worried. Lol.

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User Stats

116
Posts
39
Votes
Grant Anderson
  • Investor
  • Indianapolis, IN
39
Votes |
116
Posts
Grant Anderson
  • Investor
  • Indianapolis, IN
Replied Jul 19 2017, 12:35

I have seen Carlos post "ghost" craigslist adds about an apartment he had for sale. When I inquired about one apartment he sent me a different one. When I asked about the one I was actually inquiring about he never responded. I don't think you have anything to worry about.

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3,969
Posts
2,916
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Matt K.
  • Walnut Creek, CA
2,916
Votes |
3,969
Posts
Matt K.
  • Walnut Creek, CA
Replied Jul 19 2017, 12:43

LOL, this is from their site under testimonials:
“Quite often investors are willing to pay cash for a home and with the recent tightening of financial restrictions, coupled with the growing number of complaints about low appraisals, having a cash buyer has become even more appealing.” Forbes

User Stats

39,984
Posts
58,914
Votes
Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
58,914
Votes |
39,984
Posts
Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
Replied Jul 19 2017, 13:08

too funny wholesaler calling another wholesaler a bad actor.... LOL....

User Stats

647
Posts
196
Votes
Ben G.
  • Investor
  • Indianapolis, IN
196
Votes |
647
Posts
Ben G.
  • Investor
  • Indianapolis, IN
Replied Jul 20 2017, 13:24
Originally posted by @Jay Hinrichs:

too funny wholesaler calling another wholesaler a bad actor.... LOL....

So all wholesalers are bad actors? I'm confused, I wasn't sure as to whether that was a compliment or an insult.  

What about the wholesalers that close on their houses and then resell them?  Or are you only the wholesalers that assign bad actors?

User Stats

39,984
Posts
58,914
Votes
Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
58,914
Votes |
39,984
Posts
Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
Replied Jul 20 2017, 13:26

compliment

User Stats

647
Posts
196
Votes
Ben G.
  • Investor
  • Indianapolis, IN
196
Votes |
647
Posts
Ben G.
  • Investor
  • Indianapolis, IN
Replied Jul 22 2017, 12:32

@Jay Hinrichs great podcast!

User Stats

9,365
Posts
6,542
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,542
Votes |
9,365
Posts
John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied Jul 22 2017, 12:40
Originally posted by @Ben G.:
Originally posted by @Jay Hinrichs:

too funny wholesaler calling another wholesaler a bad actor.... LOL....

So all wholesalers are bad actors? I'm confused, I wasn't sure as to whether that was a compliment or an insult.  

What about the wholesalers that close on their houses and then resell them?  Or are you only the wholesalers that assign bad actors?

I would identify myself as a FLIPPER. The term "wholesaler" has been taken over by many unlicensed brokers using contracts to circumvent licensing law. Many states are now addressing this issue. Florida is one. Oregon is another. I believe CA has addressed this as well.  If you OWN the properties you are NOT "wholesaling" in my book.

User Stats

314
Posts
73
Votes
Carlos Altamirano
  • Rental Property Investor
  • Orange, CA
73
Votes |
314
Posts
Carlos Altamirano
  • Rental Property Investor
  • Orange, CA
Replied Jul 27 2017, 22:39

That is an altered email. I have messaged Ben about this mis understanding. This is the ACTUAL screenshot of my statement. I don't know why this seller would change the wording to put me down like that. He was pretty desperate to sell his houses blowing up my email and texts.