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CapSource INC
- Investment Service
- Paradise, NV
About this business
Location details
2009 E Windmill Ln, Paradise, NV, 89123, 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 |
This company is not an honest reputable company. There is a lawsuit against the owners of this company who by the way have not ever purchased securities from their own company, according to the lawsuit. After 5 years approximately I am still owed money -several thousands. BeWARE! Be careful of where you invest your money.
CapSource is nothing but a scam people. This ponzi scheme takes your money promising high returns and initially returns some of it, then sells you on higher rate of returns for '2nd' deed of trust properties. In both cases you loose your investments with sad stories about cost of litigation. RUN AS FAR AWAY, IF YOU HAVE ANY FUNDS LEFT PULL EVERY PENNY OR THEY WILL STEAL IT. Both my wife and I fell for it over past 4 years and never even recovered our original principal.
Business response:
The Brinks both received positive returns on their investments. over 5.0% over the life of the investment. They are now upset because the returns were not as high as they hoped and could have been. Why? Because investing in real estate involves risk. These risks were disclosed to them thoroughly in the myriad of documents they received and themselves signed when they invested with our company. We are proud of our 23 year track record of delivering above market returns with monthly income and real estate collateral to support... read more
CapSource is nothing but a scam people. This ponzi scheme takes you money promising high returns and initially returns some of it, then sells you on higher rate of returns for '2nd' deed of trust properties. In both cases you loose your investments with sad stories about cost of litigation. RUN AS FAR AWAY, IF YOU HAVE ANY FUNDS LEFT PULL EVERY PENNY OR THEY WILL STEAL IT.
I too was hustled out of money from Stephen B****'s company, CapSource. Back in 2016 I was referred to CapSource from a person I work with, whom I only learned this year was a paid "lead finder", with a) investors are protected by a first right to title clause and b) investors can pull their money out anytime they like, but would never be allowed back into the investment. The first investment was with Mr. Z********** Arizona Rehab Facility. I invested, and within about 3 months was approached with another like investment sa... read more
Business response:
Here is my response to Mr W******* email in which he expressed his complaints to us: The collateral is in Dana Point, not San Diego and you've received 44 monthly payments, not 3. You received a ballot explaining why, for the first part of 2021, interest payments would be directed toward paying property taxes. Approximately 67% of your fellow investors approved the loan restructure described in the ballot (you did not). The loan servicing agreement you signed at the inception of this investment stated that with the approval ... read more
These guys are weasels. I invested about $10,000 through them in 2014, which was rolled over repeatedly into well-paying ventures.....but they haven't paid any dividends since last summer. In October, I tried to liquidate my holdings in Texas 156 LLC #1 but nothing happened. In January, I spoke with someone at CapSource who said that the investment had been liquidated in November 2019 and the proceeds sent to Horizon who misdirected them somehow. Today (2/5/2020) I spoke with a lady at Horizon who says that's not possible an... read more
Having only $500,000 to retire on probably seems impossible to most. But after the assistance I received from the great people at CapSource, I have been retired now for almost a year and living comfortably. Cannot recommend highly enough.
Business response:
Thank you so much for your support Linda. We appreciate your investments with us. We will continue to work hard to deliver strong returns, with monthly income and real estate as security to all of our investors.
My husband and I have multiple investments with Capsource and are very pleased with the results. We have been with them almost 2 years now. When we have questions our account manager answers them promptly. They have a variety of options to invest In that best suit your needs. I would highly recommend them if you have some extra money to invest.
Business response:
Thank you so much for your words of support Sylvia. We work hard to deliver strong returns with monthly income and real estate as security to all of our investors. And it's always great to hear that our people are communicating in a way that meets your expectations.
My first investment with them made a tad of interest, and so I reinvested. Diversifying into three loans - all are now in default. Even though these are personally guaranteed by the borrower, they never go after them and the borrower looses our money and comes out smelling like a rose. Additionally, the refused to work with your account with anyone but their own Horizon Trust, who charges you for everything, exorbitantly. Is this legal? Is this a scam? Don't make the mistake I did.
I have been with cap source for two years. I received a tidy 15% on one loan and 9% on the other. Although these loans were to be in a 6 to 12 month duration the one took 2 years to settle. The bottom line is I made money.
Frequently asked questions about CapSource INC
How is CapSource INC rated?
CapSource INC has a 2.7 star rating with 18 reviews.
When is CapSource INC open?
CapSource INC is closed now. It will open at 9:00 a.m.
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