Portfolio Rescue Programme

[Minty]

Has any heard of/had any dealings with a Detox Property Portfolio Programme (rescuemyproperties) run by Management Consultants For You?
They take over the management of failing portfolios (for a management fee) with a view to selling to investors getting the mortgage companies to walk away from any shortfalls?
Too good to be true????

[Alexlandlord]

I would be very careful into entering into any contracts or dealing with anyone without taking advice on the terms and conditions of what you are entering into.

I have never heard of Detox.

[JK0]

Sounds like a scam to part you from your property for buttons.

[Claymore]

Sounds very strange to me! If a portfolio is failing - where does the money come from for the 'management fee?'

[QuestForFreedom]

Stay clear of anyone calling themselves Management Consultants For You.

[theartfullodger]

If you look them (MC4U) up they say they are a company (different name..). If you look that up with Companies house they have a share capital of £1:

Their website listing staff members makes for informative, fascinating reading...
http://www.mc-4u.com/about/staff/

I am not filled with confidence.... but, perhaps pigs do fly ....others may hold alternative views & they may well be fine, upstanding, honourable businessmen with the best interests of distressed landlords at heart...

Cheers!

[QuestForFreedom]

Ha! Some strange names for staff members.

[cfaproperty]

The copyright notice at the foot of that website hasn't been changed since 2006 - old content?

[theartfullodger]

The copyright notice at the foot of that website hasn't been changed since 2006 - old content?

Well spotted David:

Here...
http://www.mc-4u.com/seminar/
they refer to a Jan 2013 seminar (which I am ABSOLUTELY NOT recommending) and one of the names looks familiar - and matches someone (Google him..) who only seems to have been a director of several dissolved companies: Such bad luck, I'm sure it ain't his fault, oh no....


Cheers!