Posted by Ted Ramos on November 02, 2007 at 10:18:31:
did you get any responses from people that have delt with them?
AMERACO…Has anyone dealt with them? - Posted by John (MD)
Posted by John (MD) on May 29, 2002 at 09:37:23:
“American Real Estate Acquisition Corp.”
They’re out of Cape Coral,Florida.The program being promoted is much like Nationwide Discounters.Are they the same companies,But under different names? >> ameraco.com
Re: AMERACO…Has anyone dealt with them? - Posted by Danny
Posted by Danny on September 26, 2002 at 18:26:11:
I looked at the web site and called and talked to Doug at Ameraco, Seems like a half-legit system like I checked out before in that the opportunity is real but the way they make money is the $500 fee. You would set up a office and advertise and do the same thing, ie recruit people. The givaway is the Fee and the use of the term “Property Bird Dogs”. Maybe I’m wrong but they will have to prove it to me. Doug said they had been in business since 1990 but BBB say’s only since Feb, 2002 at current location. BBB dosen’t say where they came from or what former name was if any. Anyway anything you have to pay upfront for training/materials is proably network marketing.
Re: AMERACO…Has anyone dealt with them? - Posted by Gary De Pury
Posted by Gary De Pury on July 14, 2002 at 19:39:47:
While this seems like a good program, it is my opinion that anyone being paid a commission for a real estate transaction “MUST” be a real estate licensee. If you are being paid a finders fee that is a commission per transaction. Look up FS 475 www.DePury.com
Re: AMERACO…Has anyone dealt with them? - Posted by Mickey Shivers
Posted by Mickey Shivers on July 08, 2002 at 10:45:48:
Funny, I tried to check out some of your other pages, and all I received was,cannot display this page. I`ll check into your company a little further through other sources.
Re: AMERACO…Has anyone dealt with them? - Posted by Angel
Posted by Angel on July 07, 2002 at 13:39:35:
i found a couple of ads for Amereco in area papers. called and looked at the web site. they sounded legitimate to me but i haven’t yet followed up on anything with them. i told a few friends about them. one, sent $500 (refundable deposit, refundable once you get the first deal to go through) and she received the training information from them. before she sent the money, she checked with the BBB in FLorida and inquired with real estate companies in the area. within the week of receiving her information,she found her first deal that should close in a couple of weeks. she is psyched about it. a few of us are investigating the opportunity. one friend is getting a lawyer to check over the fine print about the contracts, just in case a contract doesn’t go through to assure he isn’t liable. it sounds legitimate. of course i want to see what their experiences will be before i join up.
Re: AMERACO…Has anyone dealt with them? - Posted by musicman228
Posted by musicman228 on June 08, 2002 at 07:20:01:
I heard it was the same company but I don’t know for sure. But if it IS the same company, they already got my $900 and won’t get another cent from me.
Re: AMERACO…Has anyone dealt with them? - Posted by Dave O (FL)
Posted by Dave O (FL) on May 30, 2002 at 12:21:50:
I spoke with Tim Lloyd. They’re in Cape Coral which you know and they are a 5 person shop right now. They have about 100 associates and are looking for about 1000 (I don’t know why they’d stop there, but anyway). The cost of their program is $525 (includes s/h) and you have their unlimited support. Seemed genuine and knowledgable about their investor inventory as well as the program. They key here is that you a property locator and your commission comes when they sell the contract to an investor who is interested in your property that you’ve found. He wouldn’t be specific on what the investors are looking for…that’ll be a $525 fee 
Re: AMERACO…Has anyone dealt with them? - Posted by Stan Stark
Posted by Stan Stark on July 14, 2003 at 18:18:32:
I just ran across this company and wanted to know if you ever had any further contact?
Thanks
Stan Stark
Re: AMERACO…Has anyone dealt with them? - Posted by Mykel Gayent
Posted by Mykel Gayent on November 14, 2005 at 17:39:41:
How has your friend faired with her first deal. I am preparing to set-up internet home-business, and was interested in adding Ameraco as one of my ventures.
Re: AMERACO…I HAVE - Posted by MARC FUJIMURA
Posted by MARC FUJIMURA on May 24, 2005 at 14:27:34:
I COULDN’T HAVE MADE A BETTER INVESTMENT IN MY LIFE THAN THE ONE I MADE WITH AMERACO. IT HAS CHANGED MY LIFE FINANCIALLY FOREVER. MY FIRST MONTH OF BEING WITH THEM I MADE 28,000.00. I HAVE BEEN A SUCCESSFUL PROPERTY LOCATOR NOW FOR 2 YEARS AND GOING STRONG.
Re: AMERACO…Has anyone dealt with them? - Posted by BETTY MITCHELL
Posted by BETTY MITCHELL on October 15, 2004 at 16:17:28:
I have talked with Doug at Americo and checked with BBB seems to be ok.I havent done anything yet. I would like to know how did your friends deal come out? Would she recommend them? I don’t want to waste any more time & money on a scam. Please let me know 10/15/04
Re: AMERACO…Has anyone dealt with them? - Posted by Rob Boothe
Posted by Rob Boothe on July 24, 2002 at 13:04:21:
I was about to do it to, did you get any results yet?
Re: AMERACO…Has anyone dealt with them? - Posted by David
Posted by David on January 25, 2003 at 11:47:38:
Is this the Ameraco real estate company located on 4720 Southeast 15th Avenue, Suite 201 Cape Coral Florida 33904?
Re: AMERACO…Has anyone dealt with them? - Posted by scott dill
Posted by scott dill on February 12, 2005 at 16:05:42:
This is another on of those pie in the sky “stick and carrot” scams. I would put this right up there with the character out of Seattle, Wa., named Hansson. I believe his first name is THOMAS. At any rate, he also had one of those finder fee “things”, and also you got to get a piece of the “pie” by becoming an “associate”, and going where he could not go. He presented as a win for both parties, and let’s not forget the new “associate”. I have one thing to say…"If it looks like a duck and quacks like a duck…it’s a DUCK! So my fellow targets…GRAB YOUR WALLET, AND SQUEEZE IT!!!
saved by common sense,
SCOTT (Michigan)
Re: AMERACO…Has anyone dealt with them? - Posted by Jeremy
Posted by Jeremy on February 07, 2003 at 12:38:11:
I spoke with an Ameraco rep. over the phone and then had a rep. call me to follow up and see if I wanted to start their program. I asked both reps if I could be put in contact with a property locator that is currently involved in the program. Both reps told me that this was not possible because one by one “all” of their locators asked to be taken off their reference list because they were inundated with calls that took up too much of their time. The second rep told me that if I really wanted them to they could get me in contact with a locator but only after I “guaranteed” I would purchase the $515 starter kit (on sale for $100 off on the 2nd call) upon a positive review by the current locator. Both reps also told me they personally had seen great success in the program and one rep told me his dad was in the investor network. To me it sounds like a pitch to get you to buy a textbook for 5-10 times what textbooks cost. I would seriously doubt that any deals you brought to the table once you’d shelled out the $500/$400? would actually get approved. If anyone else has more information I would be interested to hear it.
Re: AMERACO…Has anyone dealt with them? - Posted by rokeshia banks
Posted by rokeshia banks on July 20, 2008 at 17:56:46:
did your friend have any success
Re: AMERACO…Has anyone dealt with them? - Posted by Crystal
Posted by Crystal on July 30, 2002 at 07:41:40:
So how did your friends deal go with them?? Please keep me posted. would she recommend them to anybody? is there lots of fine print?