Owner offloads house after FTC investigation

The owner of the house located at 1243 S 2000 E,Salt Lake City, UT 84108

is 1243 SOUTH 2000 EAST LLC which is owned by now expired


The owner of this LLC is under investigation by the FTC for running a real estate seminar scam.

Here is the court document:

Zurixx’s “system” comprises two flipping strategies: “fix and flip” and “wholesale flips.” A “fix and flip” involves purchasing and renovating a property before selling it to an end user. A “wholesale flip” involves acquiring an interest in a property and then transferring that interest to a wholesale buyer, who will, in turn, fix and flip the property.

Defendant Zurixx, LLC is a Utah limited liability company with its principal place of business at 2750 East Cottonwood Parkway, Suite 200, Cottonwood Heights, Utah 84121. It does business under numerous fictitious names including, but not limited to, Advanced Financial Training, Advanced Real Estate Education, Doug Hopkins Real Estate Formula, Fast Track Flips, Flip Advantage, Flip It Forward, Flippin’ On The Side, Flipping Formula Education, Good Flips, High Point Training, LLC, Property Wars, Real Estate Elevated, Rules of Renovation, Side Flips, Success Path Education, Two Chicks and Training Tools, Winning the Property War, 10X Success Real Estate, Fixing to Flip, Karen and Mina’s Real Estate Education, Next Level Success Real Estate, and Will to Win Real Estate. Zurixx, LLC transacts or has transacted business in this District and throughout the United States. Its bank accounts have been located in Utah, most of its employees have been located in Utah, it has directed its activities from its Utah headquarters, the majority of its efforts to fulfill its contracts have arisen from Utah, and it has used Utah transactional resources in engaging in its efforts. It formulated the Zurixx system in Utah. At all times material to this Complaint, acting alone or in concert with others, Zurixx, LLC has advertised, marketed, distributed, or sold the real estate investment products at issue in this Complaint to consumers throughout the United States.

House is listed for $1,485,000

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