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Ace Capital Group
- Investing
- San Mateo, CA
About this business
ACE Capital Group (with international headquarters based in San Mateo, California and a satellite office in Pleasanton, California) is a premier American real estate investment company that specializes in the research, acquisition, and distribution of premium California pre-developed land as a proven, time-tested, safe, and secure investment vehicle. This powerful investment opportunity is commonly referred to as "Land Banking" and involves carefully researched and selected land parcels located in the direct growth path of t... read more
Location details
1650 Borel Pl Suite 105, Ste 105, San Mateo, CA, 94402, United States
Get directions| Weekday | Schedule | Status |
|---|---|---|
| Mon | 9:00 a.m. to 6:00 p.m. | |
| Tue | 9:00 a.m. to 6:00 p.m. | |
| Wed | 9:00 a.m. to 6:00 p.m. | |
| Thu | 9:00 a.m. to 6:00 p.m. | |
| Fri | 9:00 a.m. to 6:00 p.m. | |
| Sat | Closed | |
| Sun | Closed |
I have quite a few friends purchased some land directly from this company over 10 years ago, and none of them could successfully sell property with any profits. Besides, they have to pay property tax every year and spend money on cleaning their vacant lands too.
They just sent me a letter via US post office telling me that they were retired and no longer in business! The letter said I was on my own and good luck. I made the investment with two other partners and ACEH held 51% ownership. The raw land value is almost zero now. It was also in a SEP IRA and I am going to owe taxes. They are worst worst worst!!
Not a good investment. I lost 40% of my investment over a 6 year period with their Lancaster land banking investment.
Frequently asked questions about Ace Capital Group
How is Ace Capital Group rated?
Ace Capital Group has a 1.7 star rating with 6 reviews.
When is Ace Capital Group open?
Ace Capital Group is open now. It will close at 6:00 p.m.
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