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Scammer Information
NameOliver Booth    

Details of Scam Report
Apparently this is a common scam and not confined to this company but it entails buying cheap property in Detroit then selling it as below market value with a guarantee of rental income and management by the company resulting in a hands-off income stream. you get a few trouble-free months and then the US agent starts claiming all sorts of expenses for repairs, maintenance etc even though the property is supposed to have been completely refurbished. They also take money off you for insurance, arranging tenants etc but you never see any proof that any of this has happened and when you ask to claim on insurance for any of the damage they say it is not covered. eventually they say the tenant has defaulted or done a flit and you get no rent at all. meanwhile the UK company, in this case USA Property Investor just say it is a problem between you and the US agent so there is nothing you can do.

Scam Email
I bought a property from USA Property Investor which was supposed to give $850 a month rent. I paid $44500, partly with a mortgage they arranged. I found out quite a while later that they paid $13k two weeks before they sold it to me and it probably wasn\'t even worth that. They were supposed to have refurbed it completely in those two weeks. After two and a half years I am about $3k down overall; there is no tenant in the house, the US agent refuses to reply to my emails and UPI are threatening foreclosure. They have done nothing except take my money and let me be scammed by their US associates. Avoid any US property deal. They are nearly all scams.

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bought sold claim agent paid buy sell investment maintenance uk

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