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102 thoughts on “7 Questions You Need To Ask To Avoid Real Estate Investment Scams”

  1. Mrs. Trajano # 2, do you know when your husband will be back to answer the charges against him? Did Mrs. Trajano#1 gave in to his request. The DC Group of Companies is also looking for him

    http://www.dcgocs.ph/news-trajano.html
    NOTICE TO THE PUBLIC

    MR. TRACE WENDELL D. TRAJANO

    This is to officially inform and notify the general public and all concerned that MR. TRACE WENDELL D. TRAJANO, his organizations, corporations, transactions, deals, programs, projects, events, affiliates, associates, partners, staff, personnel and the like, are and have been no longer connected to any and all corporations, subsidiaries, partners, affiliates, conglomerates, associates, personalities, shareholders, directors, staff and personnel of the entire DC Group of Companies.

    The DC Group, having the core value of genuinely helping Filipinos through its businesses, activities and endeavors, agreed to take on Mr. Trajano, as referred to us by one of our former associates, which also happened to be his student, for the main reason of assisting him in a noble mission of creating one million Filipino millionaires, which was at that time, to us, very much evident because of the numerous personal, written and video testimonials by the people he has taught through the years.

    However, after a majority vote by the Executive Council of the DC Group of Companies, Mr. Trajano has been officially released from the umbrella of the DC Group of Companies and the agreements with him nullified and terminated on the grounds of non-compliance, non-remittance, neglect of obligations, duties and responsibilities, among other violations on legal, administrative and corporate policies, ethical standards, rules, regulations and matters.

    With this, we hope that we have shed a clearer light on the matter to the general public and to all concerned. More so, should you have any information about Mr. Trajano and / or his whereabouts, please get in touch with us.

    Thank you!

    Reply
  2. AQ Ancheta & Partners and their clients filed a syndicated estafa case in 2011 but said case was dismissed for lack of merit. Recently they filed two cases of exactly the same nature in Pasig and in Imus. A case of forum shopping is set to be filed against this law firm. A case of malicious prosecution is set to be filed against their clients.

    Reply
  3. Pingback: BEWARE!!AMAN Investment Trading SCAM is widely spreading in Pagadian City, Next CEBU!! - Page 278
    • Hi Questor. It’s funny, your the third person who asked about this website during the past week, although the others already knew that Mr. Trace Trajano is indeed behind that website. They just asked me if I knew about it. 

      By the way, I had to edit your comment as I do not want that website to have a back-link from here. 

      Anyway, please checkout http://www.letsstopscam.info/false-advertising-practices-of-trace-trajano.html for more info.

      Reply
  4. Pingback: The importance of due diligence in real estate investing — Foreclosure Investing Philippines
  5. Pingback: Goodbye and thank you 2011! Hello 2012! — Foreclosure Investing Philippines
  6. does anybody here know if trace is still plying his “trade” ???  or has
    he dropped off the radar? why hasnt anyone sued him or why isnt he in
    jail????

    Reply
  7. does anybody here know if trace is still plying his “trade” ???  or has he dropped off the radar? why hasnt anyone sued him or why isnt he in jail????

    Reply
  8. Too late for me to read this, Sir Jay. I should have read this when you posted it!

    But I thank God that I wasn’t victimized “much” by Mr. Trajano. I am thankful I was too busy to talk to people about investing for his joint venture program, otherwise, I would also have ruined my name just in case.

    While writing now, my heart started to ache and tears are starting to swell in my eyes. It is at this point in my life that I came to understand, prove and appreciate the saying na “hindi lahat ng kumikinang ay ginto”, and remembered “And no wonder, for Satan himself masquerades as an angel of light.- 2 Corinthians 11:14.”

    Well, I felt sad and angry (normal reaction siguro) that he can and did and do such things! Ang lakas ng loob niya. But I still believe that God sees him and he can never hide from the wrath of God (sobra na ba inabot ng emotion at imagination ko? sorry, all!).

    I joined Mr. Trajano’s “last apprentice challenge” and I am one of those who stayed when the others left the meeting place for the orientation because I felt this is the best opportunity to learn and earn at the same time.

    During the challenge, when some challengers started asking, questioning, verifying some things about One-Seven Holdings (the company that claims to be Mr. Trajano’s new company), its registration, income sharing, etc, they suddenly stopped the challenge. (The letter posted by Apprentice Challenger here are from Mr. Trajano/his team. They probably figured that their foul play is already out in the open or have been discovered).

    So they ended the challenge 4 months before its supposed end and replaced it with a so-called “one last challenge (Sell units from 2 Bldgs in Valenzuela Subd/area) to make us earn “a little” even if the challenge is ending early coupled with a promise to reimburse our money based on how much we’ve paid for the challenge.

    Some of the challengers went to see the property, and to be honest, I did not believe what they were saying for a while. I struggled as I saw pics of the property to be so different from the pics that were given to us in paper (all teams had a copy of the property and how the challenge will go). I really had to battle with myself (because I had good faith in him), asked if they went to the right place/address of the property etc, and even my teammates had the same question. and yes, it’s true. It was a property that no one would want to market bec it is old an dirty, not good to live in, had no water supply, etc.

    Since then, all challengers decided to just quit the challenge, not continue anymore, and come up with a letter to demand a refund for our payments. we made the letter, guided by a lawyer, but it did not reach Mr. Trajano since he moved residence already. You’d say, where is the promise of the refund? Gone…. with the wind. hehehe. But I’m moving on. Let it be. It’s gone and I could no longer turn back the hands of time, nor change my decision to join that so-called last Apprentice Challenge.

    I know a lot of people will say, do your due diligence. This is very true. I learned this principle/teaching thru what happened in the apprentice challenge. I’d say the same (DO DUE DILIGENCE) to anyone, now that I’ve had this bad experience. But if the issue is Mr. Trajano, then, my say is, “have nothing to do with him”. I can say this because I got scammed myself and will say this because I saw people in the AFP Theater cry over their can-not-be-reimbursed money (because it was hard-earned money for them) and I know what it meant to them. That was just a few thousands, I warn all esp those who have hundreds of thousands or millions of money in their hands, do not invest. Just also for due diligence, there are other names you should avoid having deals with (but I don’t have them- sorry- due diligence na lang uli- they are partners of Trace who, if not for taking people’s money, they bypass people they have deals with in the sharing part, or would “steal” the deal for a property. tsk tsk).

    If this is the only way to warn people about Mr. Trajano and his ploy, then it is worth it. I believe that because I have a first-hand experience of being scammed myself (even if it was just a few thousand pesos), I also have the responsibility to help people understand why they have to avoid him. And this is my way of telling the world why.

    Ay, mahaba na!

    Thanks, Sir Jay, and the rest of you for all you do for people who want to make their lives different/better! We’ll get there, with God’s help, and true mentors around!

    Reply
    • Good day Mr/Ms disappointed kay Mr. Trajano. I feel angry, sad, and sorry after reading your long comment. Thanks a lot for sharing with us your experiences.

      I will “sleep on it” before I write a reply, It would not be a good idea to write a reply when I am fuming mad (not at you)…

      Reply
  9. AND YES., we are spectacular in Money Summit Cebu because of Heinz and Ambie Bulos of Learning Curve., grabe!

    ALSO Central Visayas warm welcome to all speakers coming from Manila is heartfelt; even the water of Cebu served to me is delicious!! SARAP!

    I think you will be up for Cebu next year!

    Reply
  10. AY– OO nga ano!!! Thats a biggy!!! You are not in good faith to begin with and yes how can you expect a smooth transaction involving MILLIONS if you open a transaction with a lie?????! And he has a track record of not completing transactions, history of not paying back, or sweet talk his way out from coaching programs gone wrong and became ugly at the end di ba?

    LIKE http://www.ripoffreport.com/seminar-programs/trace-wendell-trajan/trace-wendell-trajano-trace-tr-559b0.htm

    LIKE http://business.inquirer.net/16803/%E2%80%98think-rich-quick%E2%80%99-author-quits-amid-controversy

    LIKE http://www.maribojocbohol.com/trace-trajano-scandal-bo-sanchez-washes-hands/

    Too shady!

    I do not mean to put him down but from the mouth of alot of people complaining based on the link above, its my prayer no more Filipino will lose money from his offerings.

    Reply
  11. If you say foreclosed property for sale, a buyer would have that impression that its mura right?

    Would it be a big thing if you are trying to buy a foreclosed property and then Trace/Seller would just say.. “ay hindi pala foreclosed” hihihi… ok lang ba iyon?

    Any implication, if you are selling a foreclosed real estate tapos hindi pala foreclosed?

    Reply
    • Hi Eireen, long time no see! The biggest implication would be – HE IS LYING… and if someone lies to you at the start, you can expect more of the same in the future. Just my two cents.

      Reply
    • And yes, he is taking advantage of that premise that foreclosed properties are cheaper, and he is actually contradicting himself (again!). he mentioned in the past that buying foreclosed properties is risky, and yet he is using it in his marketing ploy.

      Congrats nga pala sa iyong super successful Money Summit Cebu stint!

      Reply
  12. Hi Jay. I’m not sure if all of the properties are foreclosed properties. They were submitted to him by the other associates/club members. I think, as what you’ve said, they are FSBOs, most especially from distressed sellers.

    By the way, thank you for the info regarding the RESA Law. Thank you for everything. I should have seen your site first.

    Reply
    • Hi Rae, thanks for sharing more info. These are definitely not foreclosed properties. This confirms that this is one of those marketing ploys that are based on lies and deceit. He really thinks there is nothing wrong with using lies in one’s business.

      Reply
  13. WOW., very well said Manong Jay! Akala ko baka naman this time wala naman illegal sa ginagawa ni Trace sa ngayoon, UNETHICAL PRACTICES LANG, like from FREE WEBMINAR to upsale ng upsale, he needs to earn from his listeners kasi kaya he needs to offer more and more like an ordinary sales man. Good thing you made more due diligence for us, digging deeper to his real estate offerings, its normal for Trace pala talaga to make false claims.

    Alam mo nagtataka lang ako, how come he is into foreclose properties in the Philippines whereas in the US napakamura ng mga foreclose property doon , sobrang mura magugulat ka!

    Foreclose property in the Philippines, mataas pa rin eh, although i have to say baka mas-stable seguro ang real estate market dito sa Pinas than in USA, pero OA talaga ang kamurahan and its easier for Pinoys to buy in the US lately if your broker know what to do.

    Di ba, Trace is originally from Ohio? And alot of his own press releases claims he is a big time property real estate success story in the US. Kung tutuosin he has immediate access to US foreclose properties, if he can, if he could, mas-mura bakit hindi iyon ang focus niya?

    Don’t tell me hindi niya alam? Or alam niya kaunti lang ang possible buyers sa Pinas ng mga overseas foreclose properties? Pero magaling na teacher sya, he can easily sway listeners in seeing the investment feasibility of the US properties if he likes to, it could be a niche for him. Naku baka ako pa ang nagbibigay ng idea sa kaniya ngayoon how to ask/scam investment from people here in the Philippines, or for OFW.

    Pero why he is in dog fight here in the Philippines and copying with exaggeration the ideas of Mr. Larry Gambao Think Rich Pinoy and Jay Castillo for foreclosure properties whereas if he has a good record in the US he can easily market US foreclose properties.

    Yes I am speculating.

    Pero in the event dumating siya sa ganoon, Trace will offer foreclose US properties, don’t invest with him by giving him money, you have to have a relative in the US that can verify the validity of what you will buy in there. I do not want to expand on it., im not selling US properties, WARNING LANG if ever.
    Eireen

    Reply
  14. Hi, Jay

    Thank you for all the information you presented here regarding Trace Trajano. The reason why I came across your blog is because I am in doubt of the credibility of Trace Trajano, so I googled and found your blog. I am a member of the current Quick Cash Power Dealer Club of Trace Trajano. I found his site thru Facebook. Most of the members of these club are OFWs working abroad. I am also based abroad.

    We paid P10,000 for the webinar for the 4 modules he gave. (I must admit, I learned something from him). By attending this webinar, we became automatically a member of this club for 1 month. He is giving us a free webinar for 1 month every Saturday (September) to make deals with him. After which, we have to pay P2,500 every month to be a member, if we want. What made me questioned his sincerity in mentoring is when he offered us a challenge on the Real Estate Planner. This excel spreadsheet is said to be for free as what he said. We pay any amount (minimum P1000, maximum P10,000 depending on how committed we see ourselves) as a bet to challenge ourselves to do RE investing (looking for properties and buyers everyday) for 40 days. He said, if we do it consistently, he will return our money back. We have to send him a proof (eg. pictures placing bandit signs, email addresses of friends and people we communicate with and etc.) thru the spreadsheet and email it back to him. What bothers me is why would he ask the email addresses of these people we communicate with. That’s one.

    Another thing is, he is advertising his BahayRemata.com website to us. To have a page in that website, we have to pay P1000/month. The question is, on the sharing: He is asking 25% on the share of the profit if a deal is made, 25% to the buying associate and 50% to the listing associate. I do not understand why he is asking an outrageous share when he is already asking P1,000 every month from us. His ploy is highway robbery.

    Once again, I thank you so much for all your comments here. It’s a good thing I found you guys earlier before I waste more money on him. I thought he was for real. I have learned my lessons well. Thank you.

    Reply
    • Hi Rae,

      Honestly, when I first read your comment, I felt disturbed to say the least, which is why I decided not to reply immediately so I can recover and remain objective in my reply.

      Anyway, If Trace is really doing all of the things you described here, then I would have to agree with you, his ploy is highway robbery.

      My suggestion for all of those who are now members of his “Quick Cash Power Dealer Club” is to get everything under a signed and written contract just to make sure all of them are protected and are holding on to something. I sincerely wish this would turn out differently from the stories of the others who shared their own dealings with Trace.

      Real estate investing is a solid way to earn money and I’m sure you really learned something from him during his webinar, but doing business with someone can turn out so differently, which is why I highly suggest having written agreements from the very start.

      I wish you good luck and I am also very thankful to you for sharing your experience with Trace Trajano. I’m sure it will help others make a well informed decision with regards to him…

      Reply
    • By the way, is he really selling foreclosed properties in that site? (I don’t want to mention it because I don’t want to give it any backlinks).

      I stumbled upon an advertisement on facebook and the marketing ploy it used was “Make millions by buying cheap, foreclosed properties in the Philippines. Click here because we only have 2 properties left!”. Please see printscreen below.

      Is there any truth in the advertisement above? Are they really selling foreclosed properties or is it just another marketing ploy to get email addresses of buyers?

      Another thing, with regards to getting e-mail addresses of those you are transacting with as you mentioned, they must also get permission to receive emails from them (they must optin), otherwise it would become plain and simple spamming.

      I checked their site and it appears the properties there are FSBO’s or For Sale By Owners, not foreclosed properties.

      Reply
    • Furthermore, they neither say who they are on their site, nor include any PRC license numbers of any real estate broker/sales person which is now mandatory for sites selling properties online because of the RESA Law. Even http://www.sulit.com.ph is observing the law and complying to it (checkout http://www.sulit.com.ph/index.php/faq+view/category/39/Sulit+Real+Estate+Terms+and+Conditions), just like http://www.foreclosurephilippines.com where I ALWAYS include my real estate broker license number at the bottom of each post.

      Reply
  15. Oh i see….!

    Thank you for sharing his blog annoucement before. So normal talaga iyong I QUIT, I WILL RETIRE, I WILL GO TO HELL with a BIG BUT !???? iweee!

    Reply
  16. Tutuo ba ito? Are you kidding me? Sino in a right mind after everything will end up doing this?

    If this came from Trace, tell him STOP! If he is personally retiring, if he is quitting, if you said no more, then NO MORE!!!!

    Trace you are making a fool of yourself. If you will exist, exist with grace my friend, ano ba iyan???!!!!! You are sounding like a 16 year old girl.

    Give kaunting dignity to yourself, to your university, to the people who once believed in you. Hindi ka naman nagpapatawa hindi ba?

    I am sure you will read me… This is Eireen once we were friends, i am telling you, SIR YOU ARE MISLEAD, WAKE UP! You are corrupted! STOP!

    Honor yourself; humility is a virtue you need right now. Everything collapsed around you because of your pride; you think you are a celebrity? SIR YOU ARE NOT! Anybody can make themselves a celebrity in Facebook or in the internet. If we come out once in a while in TV, in radio in print, it does not make us more valuable from anybody else.

    You have incubated this idea you are exceptionally gifted? That is where it all went wrong. You have made an illusion you were big, that you are meaty, you are rich, you can make people rich, where in fact you where just selling your name, and don’t take pride na tuso ka, don’t take pride you are outsmarting other people with your lies and drama! Goshhh! Hinayang na hinayang ako sa iyo, you can be a real price for this country, pang bato sana. So many good people believe in you. You let your own ego blinded you from what is right.

    This business of mentorship, coaching, trainer is FULL of B__L S__T! If you will teach, then teach! Thats all what it is!

    Mga kaibigan wag kayong papadala sa nga picture namin, those who claim as GURU, photoshop lang iyan. Dont fall in sa mga name dropping, sa mga pictures as if may kasamang important person., endorsed by baloney! What is important is check the meat of the workshop or seminar if it matched what you need, if it does then go for it.

    Friends wala talagang formula for quick millions, ang mayroon ang tawag ACT OF GOD. Its normal to earn millions, its normal to be successful, its greed what make you struggle with success.

    Sorry ang haba na naman, nayayamot kasi ako sa nabasa ko.

    Reply
    • Yes Eireen, this is true. I have saved a copy of the e-mail that has a link to the survey questions that Meeh posted above through her comment.

      I agree with everything you said and I also wish Trace would stop using his “I QUIT BUT…” marketing ploy.

      Reply
  17. A message to all members of Buy Your First Real Estate Deal

    BuyFirstDeal.com is closing down this Friday, September 9 – 9 PM Philippine time. After that, you will not be able to access it anymore.

    I am personally ‘retiring’ as a real estate guru – and that means no more seminars for me, and no more BuyFirstDeal.com

    But, I like to know what you think.
    I am thinking I might still be able to operate BuyFirstDeal.com but only if it will help me find good real estate deals.
    I want us to do real estate deals together.
    Let me know what you think here – http://www.surveymonkey.com/s/VXRDMP8*

    1. Did you find value in BuyFirstDeal.com?

    Did you find value in BuyFirstDeal.com? Yes

    No
    2. If you answered “Yes” to question #1, what value did you get out of it? (You can choose more than 1 benefit below)

    If you answered “Yes” to question #1, what value did you get out of it? (You can choose more than 1 benefit below) I networked with other real estate investors.

    I sold my property to one of the members.

    I found a good property from one of the members.

    I learned a lot from the videos, chat, forum posts, and documents posted there by Trace Trajano.
    3. If you have bought or sold a property through BuyFirstDeal.com, how much money did you make?

    If you have bought or sold a property through BuyFirstDeal.com, how much money did you make? P50K to P100K

    P101K to P250K

    P251K to P500K

    P500K to P1M

    more than P1M
    4. How valuable and useful are the knowledge you have learned as a result of BuyFirstDeal.com?

    How valuable and useful are the knowledge you have learned as a result of BuyFirstDeal.com? Not so useful

    Useful enough I know how to start

    Very useful I was able to make an offer on a property for sale

    Extremely useful I actually made money with real estate investing because of it
    5. The only way for BuyFirstDeal.com to continue to operate is to get a nominal fee from its members to help pay for its expenses. How much are you willing to pay for BuyFirstDeal.com?

    The only way for BuyFirstDeal.com to continue to operate is to get a nominal fee from its members to help pay for its expenses. How much are you willing to pay for BuyFirstDeal.com? $1 or P50 per month

    $2 or P100 per month

    $5 or P200 per month

    $12 or P500 per month
    6. If you can get Trace to send you 1 tutorial video (about real estate investing) once a day, 4 days a week, how likely are you willing to pay P1,000 a month for it?

    If you can get Trace to send you 1 tutorial video (about real estate investing) once a day, 4 days a week, how likely are you willing to pay P1,000 a month for it? Unlikely

    Likely

    Very Likely
    If you answered unlikely, how much are you willing to pay for this then?

    7. If you can get a website that will help you build your buyers’ database of OFW buyers or buyers based abroad, how likely are you going to pay P2,000 a month for it?

    If you can get a website that will help you build your buyers’ database of OFW buyers or buyers based abroad, how likely are you going to pay P2,000 a month for it? Unlikely

    Likely

    Very Likely

    If you answered unlikely, how much are you willing to pay then?

    8. BuyFirstDeal.com has more than 6,500 members worldwide. How likely are you to advertise your property for sale and pay a P500 fee so we can expose it to all the members?

    BuyFirstDeal.com has more than 6,500 members worldwide. How likely are you to advertise your property for sale and pay a P500 fee so we can expose it to all the members? Unlikely

    Likely

    Very Likely
    If you answered “Unlikely”, how much are you willing to pay then?

    9. If BuyFirstDeal.com has been useful to you and have made you money or it has improved your life in anyway, please write a short testimonial for it. If we get enough good testimonial for it, we might change our mind and continue operating it.

    10. What is your name and phone number so we can contact you?

    Reply

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