Rabie Investment Company

I paid $1,395.00 to David Rabie, owner of Landco Investments, also known as Century Land Company and Dara Investments. On ebay his username is 'wholesaler1997'. David has stated he does not own the land he listed, that I paid for. David refuses to issue a refund, instead he offered land of lesser value, that is "Exactly the same". Do your research, I was unable to find any real estate license from DRE for him or his agencies, he is not registered with the secretary of state and you can find many reviews regarding fraud and theft pertaining to David Rabie and his agencies. I will be filing court proceedings on Monday July 20, 2020. Will update my review when the case is resolved. David Rabie is a scam artist!

CALLED THIS COMPANY AND TALKED TO "CHARLIE" AS HE SAID HIS NAME ASKED FOR HELP TO ASSIST US TO SHOW WHERE OUR PROPERTY LOCATED IN ANTELOPE VALLEYHE WAS HESITANT AND ASKED WHERE WE BOUGHT OUR PROPERTY AND TOLD HIM FROM ROLAND INVESTMENT COMPANYHE SAID ROLAND LAND INVESTMENT CO., IS NO LONGER IN BUSINESS AND I BELIEVED HIM ("""LIER""")NOT SURE WHY I BELIEVED HIM I COULD HAVE CHECK ON LINEHE TOLD ME HE CAN SHOW ME THE PROPERTY FOR $I AGREEHE TOLD ME TO CALL HIM THE DAY BEFORE WE FLY TO CA TO CONFIRM, I CALLED THE DAY BEFORE IN THE MORNING AND CONFIRMED FROM HIM TO CALL HIM AND MEET USHE CALLED THE SAME DAY IN THE AFTERNOON AND HE SAID HE CANNOT MAKE IT, THAT TOMORROW THEY ARE BUSY IN THE OFFICE IF HE LEAVES THE OFFICE HE WILL GET FIREDWHAT KIND OF HUMAN BEING THIS PERSONI CALLED THIS OFFICE AGAIN AND ITS RECORDING AND GUESS WHAT? I AM LISTENING ON THE RECORDING, VOICEMAIL RECOGNIZING HIS VOICEMAIL, AND I THINK HE IS NOT CHARLIE(ALIAS) BUT HE HE ID DAVID DARA, WHAT A SHAME FOR THIS COMPANY TO DO BUSINESS IG THEY ARE NOT EVEN BUSINESS BUREAU ACCREDITED? WHY THIS CA COUNTY GIVE LISENCE TO SUCH COMPANYWHY CANNOT DO ANY ACTION TO CLOSE THIS BUSINESS WHAT UNTIL SOMETHING HAPPEN AND THERE IS A CASUALTY????

David Rabie of Dara Investment Inc or `Wholesaler ` is a scammer who tries to sell one real estate to multiple people and goes ahead to record titles to more than one entity..People should be very careful dealing with him or avoid him completely because you might be very sorry in the end

Oh my goodness!! I kid you not....I have a signed "Sale Agreement for Vacant Land" in front of me this very moment My husband and I own property in Kern County that we were never able to build on and didn't want to pay taxes for any longer We live in Colorado and have no intentions of moving back to California, so we accepted, or should I say, were going to accept...GULP, the $that was offered just to get it off our hands after years I believe the Lord led me to call and research this "Dara Investments" company which as you can see is linked to Rabie Investments Company They both have the same address but different numbers..Dara an 800# and Rabie a 714# I researched this [redacted] and David Rabie person who I suspect are one in the same and the history behind him IS NOT GOOD!! He has owned many "businesses" in various states, with one being "Involuntarily Ended" due to non payment of Franchise taxes!!! The other businesses were dissolved After reading all of the reviews for Dara Investments and Rabie Investment Company (they are one in the same) which are ALL NEGATIVE, I THANK GOD that I did not get ripped off by this person/company because we were just tired of holding on to our property! We will pay the money to go through a legitimate company before our property is STOLEN from us and we never receive the measly $payment! If you have an ounce of good sense, RUN!!! DO NOT SIGN ANYTHING and just figure out another route that will work best for you!! I had to write this review in hopes that it will cause someone else to be saved from this major SCAM May 5, GOOD LUCK TO YOU!!

We own an acre in Kern County We received a letter from Dara Investment Company to purchase the land However, after researching the comapny and David Dara and finding nothing but negative reviews on Revdex.com, we will not be contacting this crook

Dara Investment Group wanted to give me $for a lot with utilities to the lot up which is valued at over $6,in the city of Ridgecrest California if that's not a rip-off I do not know what it is?
It's not the fact that they wanted to pay me pennies for my lot but the that they had purposely worded it confusing in the letter to make me believe that I was going to get a little over $2,for it when I looked further into that and almost $1,or more was going to be a 'supposed' transaction and escrow fees that they would have to possibly pay out which is a lie
Revdex.com GET THESE CROOKS OUT OF BUSINESS ASAP!!

Our records show that this seller has already been paid, per the signed Sales Agreement

My wife and I sold our land to Rabie Investment Company (formerly Dara Investment Company) back in September of We were not happy with the offer but needed the money to pay off some debtSo we proceeded to sell Rabie Investment Company three acre raw land parcels in Kern County California for for a total of $1590, for all three parcelsAfter some time had gone by and we hadn't heard from Dara or received a check, we began inquiring with them about our payment for the parcels starting in late OctoberThen we were told that Kern County had a month backlog performing title transfersSo we checked back on December 15th, 2015, and was told that the check to us would go out on 12/Again after hearing nothing nor receiving the check, we inquired again on 1/6/We were told that the check had been sent and that we should expect it the following weekNow on 1/14/we inquired again with Rabie Investment Company (formerly Dara Investment Company) and was told again the check had been sent via USPSWe are now at 1/26/and we have not heard from Rabie/Dara Investments, nor received money for our landHowever, when I checked the Kern County Assessor, the land was transferred to Dara Investments so they now own it and we continue to wait for paymentAt this point they seem to be avoiding us, as we cannot reach them unless we call from different numbers (i.ework phone, pay phone, etc...)Once they know that it is my wife or myself, they hang up immediately
We just want our check or the land back., In any event, I/we would never use Rabie/Dara Investment Company again, nor would we ever recommend them

CALLED THIS COMPANY AND TALKED TO "CHARLIE" AS HE SAID HIS NAME ASKED FOR HELP TO ASSIST US TO SHOW WHERE OUR PROPERTY LOCATED IN ANTELOPE VALLEY. HE WAS HESITANT AND ASKED WHERE WE BOUGHT OUR PROPERTY AND TOLD HIM FROM ROLAND INVESTMENT COMPANY. HE SAID ROLAND LAND INVESTMENT CO., IS NO LONGER IN BUSINESS AND I BELIEVED HIM ("""LIER"""). NOT SURE WHY I BELIEVED HIM I COULD HAVE CHECK ON LINE. HE TOLD ME HE CAN SHOW ME THE PROPERTY FOR $100.00 I AGREE. HE TOLD ME TO CALL HIM THE DAY BEFORE WE FLY TO CA TO CONFIRM, I CALLED THE DAY BEFORE IN THE MORNING AND CONFIRMED FROM HIM TO CALL HIM AND MEET US. HE CALLED THE SAME DAY IN THE AFTERNOON AND HE SAID HE CANNOT MAKE IT, THAT TOMORROW THEY ARE BUSY IN THE OFFICE IF HE LEAVES THE OFFICE HE WILL GET FIRED. WHAT KIND OF HUMAN BEING THIS PERSON. I CALLED THIS OFFICE AGAIN AND ITS RECORDING AND GUESS WHAT? I AM LISTENING ON THE RECORDING, VOICEMAIL RECOGNIZING HIS VOICEMAIL, AND I THINK HE IS NOT CHARLIE(ALIAS) BUT HE HE ID DAVID DARA, WHAT A SHAME FOR THIS COMPANY TO DO BUSINESS IG THEY ARE NOT EVEN BUSINESS BUREAU ACCREDITED? WHY THIS CA COUNTY GIVE LISENCE TO SUCH COMPANY. WHY CANNOT DO ANY ACTION TO CLOSE THIS BUSINESS WHAT UNTIL SOMETHING HAPPEN AND THERE IS A CASUALTY????

David Rabie of Dara Investment Inc or `Wholesaler 1997 ` is a scammer who tries to sell one real estate to multiple people and goes ahead to record titles to more than one entity..People should be very careful dealing with him or avoid him completely because you might be very sorry in the end.

Los Angeles Assessor reports that this parcel is ALREADY in his name by document recoreded 6/18/2015.

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID [redacted], and have determined that this proposed action would not resolve my complaint.  For your reference, details of the offer I reviewed appear below.When first contacted by this company the offer was substantially greater than what was actually paid and is the reason I agreed to conduct the deal. Upon receiving a letter from [redacted]s, no mention was made in the letter as to the agreed sales price. When I called them to ask what it was, I was shocked to find it was less than 1% of what I was originally offered, and declined the sale. I later received several calls from them regarding sale of the property and I told them as long as their offer did not meet the original offer, I declined the offer. I never stated they were in the timeshare sales business, but referred to the fraudulent tactics that are extremely similar to timesale fraud. I found their staff to be full of excuses and neglectful in returning voice mails left. It is still my belief they are less than honest in their dealings and take advantage of their customers.
Regards,
[redacted]

I received a letter in the mail from [redacted] asking if I was interested in selling my vacant land. I contacted the company and told them I was not interested and that was the end of it I thought then approximately a month later I received an offer to purchase in the mail from the same company offering to pay $600 and for my land that is worth at least $100,000.

Dara/Rabie/Dollar Investments, which appear to me, to be the SAME business, (sinse all 3 share the same address, but different phone numbers), purchased 2 unimproved lots in California Pines (Modoc County, CA), for a combined total of $640 in June, 2016. I heard about Dara Investment Company from a mail solicitation. I simply filled out the forms, notarized them, and sent them back to Dara Investment Company. As of today (12/19/16), I'm still awaiting their payment. I made the choice to sell these lots became over the years tax's, POA fees, & insurance total costs have become higher than I could sell them for, and I had no plans to live there. I have called & texted Dara Investment Company several times since regarding payment, to no avail. These shady business practices should NOT be tolerated by our society! I believe that l should have received payment by now, or in the very least, an explanation from Dara Investment Company, as to why they haven't come through with payment. In many places around the world the assets of a business run in this fashion would be seized, and proceeds used to settle it's outstanding debts & liabilities. This is NOT a lot money in question here, in my case, but it's the idea that perhaps thousands of trusting property owners may have been conned! If I agree with someone on a price and time of payment, I always pay on time, or explain why I haven't. I expect no less from a multi million dollar investment firm such as Dara Investment Company.

This company contacted us by US mail sent us a "SALE AGREEMENT FOR VACANT LAND" that we own in Lake Tahoe that we purchased in 2004 for $262K cash. Their purchase price was $580 (Five Hundred Eighty dollars)!!!! You have to be kidding. Our land is in an exclusive area with million dollar homes 1/4 acre and you offer us five hundred dollars is this 1920. Our land is not for sale. This company does not return phone calls and they are a joke! DO NOT DO BUSINESS WITH THEM THEY ARE TRYING TO STEAL FROM PEOPLE.

Regarding Complaint ID Number [redacted], our response is as follows:  Our company does not deal in the Timeshare business and we have never been a part of any timeshare transactions.  Mr. [redacted] received a formal Sale Agreement, which he signed on two separate occasions (8 months apart),...

agreeing to convey 100% ownership of land to [redacted] Co. (SEE ATTACHMENT #1).  Additionally, Mr. [redacted] further agreed to the sale to [redacted] Co., as evidenced by his choosing to sign a Grant Deed on March 9, 2017, before a Notary Public of the State of Arizona (signed/notarized in Mohave County, AZ) which was recorded in the official records of Kern County on 3/28/2017 as Doc#: 0217039259 (SEE ATTACHMENT #5). We never discuss offer/sale prices over the phone—all such information is plainly stated on the aforementioned contract that every seller must sign before a transaction takes place (which he did on July 26, 2016 and again on March 9, 2017, each time agreeing to sell 100% ownership of land to us).  Furthermore, while Mr. [redacted] agreed to sell 100% ownership of land to us, he later admitted that the other owner on title (SEE ATTACHMENT #3), which he stated was his ex-girlfriend, was unavailable and would not be signing; so even though he only transferred 50% of what he agreed to sell to us (SEE ATTACHMENT #4), we still paid him 100% of what was contracted for (SEE ATTACHMENT #2). Therefore, for the above-stated reasons, we believe the client’s complaint to be invalid.  Please remove the complaint. Attached, please find:Attachment #1: both of the above-referenced Sale Agreements;Attachment #2: bank photocopies of two separate payment checks;Attachment #3: Grant Deed showing that Mr. [redacted] only owned a ½ interest at the time that he agreed to sell the lot in question; andAttachment #4: County Assessor paperwork showing that [redacted] currently owns 50% of this parcel, only.Attachment #5: Recorded Grant Deed from [redacted], Jr. to [redacted] Co. Inc. Please confirm receipt of this email.Thank you,[redacted](714) 288-2755[redacted] COMPANY, INC.

Oh my goodness!! I kid you not....I have a signed "Sale Agreement for Vacant Land" in front of me this very moment. My husband and I own property in Kern County that we were never able to build on and didn't want to pay taxes for any longer. We live in Colorado and have no intentions of moving back to California, so we accepted, or should I say, were going to accept...GULP, the $350.00 that was offered just to get it off our hands after 20 years. I believe the Lord led me to call and research this "Dara Investments" company which as you can see is linked to Rabie Investments Company. They both have the same address but different numbers..Dara an 800# and Rabie a 714#. I researched this [redacted] and David Rabie person who I suspect are one in the same and the history behind him IS NOT GOOD!! He has owned many "businesses" in various states, with one being "Involuntarily Ended" due to non payment of Franchise taxes!!! The other businesses were dissolved. After reading all of the reviews for Dara Investments and Rabie Investment Company (they are one in the same) which are ALL NEGATIVE, I THANK GOD that I did not get ripped off by this person/company because we were just tired of holding on to our property! We will pay the money to go through a legitimate company before our property is STOLEN from us and we never receive the measly $350 payment! If you have an ounce of good sense, RUN!!! DO NOT SIGN ANYTHING and just figure out another route that will work best for you!! I had to write this review in hopes that it will cause someone else to be saved from this major SCAM. May 5, 2016 GOOD LUCK TO YOU!!

Beware of Dara Investment Company or Rabie Investment Company. The company owns the parcel my 91 year old mother in law signed over to them and refuses to pay her after repeated phone calls and emails. Please contact the Bureau of Real Estate Fraud @ 909 382 7781 if you have had the same run around as my mother in law. I can see from the above reviews that we are not alone in Dara not paying up.

Dara Investments, aka Rabie Investment Company did not pay my 91 year old mother in law. They are the current owners of the parcel she signed over to them, I just checked with the San Bernardino Assessors office and they confirmed this. Dara Investment took our initial phone calls stating the classic line, "the check is in the mail". My mother in law never recieved any check from Dara and they stopped answering our calls.After repeated calls and emails with no reply I have contacted the Real Estate Fraud office, telephone # 909-382-7781. Beware of this company!

Review: The land (Vacant Lot) was purchased via e-bay on March 17, 2015 and it was paid by Personal check in the amount of $ 905 USD. A copy of Grant Deed was issued and received in March 2015. However, on May 11th, 2015, I received a notification from LA County Assessor stating that there was some discrepancy where the grantor named on the Grand Deed ([redacted]), DARA INVESTMENT COMPANY does not match the name of the owner of record ([redacted]). The LA County Assessor cannot process unless a copy of the document indicating that DARA INC acquired title to the land property. In other words, the land is still owned by this person ([redacted]) and cannot be transferred to me. I've tried to contact him both in USPS mail and e-mail for his immediate attention on this matter, but no responses.Desired Settlement: Either the seller provide a copy of the document to LA county Assessor indicating that DARA INVESTMENT COMPANY INC acquired title to the refernced property or full- refund on the property ($905).