George Kredel
818-294-0160

In the seminars during the boom there was a lot promise, but the decision to purchase was one’s one decision
I find Marshall very honest and straight froward.

I do think the seminar did infact encourage people to purchase a lot of properties thinking the market will always go up. I did NOT like the FAST TRACK or other newer seminars. The old 2004 list of properties were what was the good investments.

I did my own homework (and yes did buy 2 properties site un seen) but I carefully researched the areas, prices and did all statistics.

The real issue us when you purchased.
My properties were $110k each. And in this bad market they are still worth more (one $155k and another $130k)
If you purchase at the midpoint or high end you then unfortunately did get burned when the market turned.

I think Marshall is honest, and sincere but that the people in his network took advantage of him.
And possibly he felt like a celebrity and maybe honestly thought things were going higher

But from talking to many of his network associates I found many to not on the same standards and pretended to be honest just to get his business.
I do agree many of his property managers in the network were not good. But in his defense most property managers are not good. Good property management is very hard to find. So the fact that he tried to find resources was a good enough for me as it helped/

One of homes first took 4 month to rent. I now advertise it myself and pay for ads.

You can not depend on anyone to give you a promising investment. Look at Wall street Now. I beleive Marshall’s properties purchase low are far ahead of wall street.

To his defense I did see many people go wild and purchase more that they could handle. When the market was high those same people loved Marshall and brought their friends in.

Now the market is low and they are some of them are ones suing him and crying foul.

The bottom line is Marshall is honest (at least was in 2004-2006), probably did not expect the market to bomb, yes he did encourage large properties purchases but this was from his economics.

You can talk to many students who will tell you about his Lake Arrowhead Home he purchased and would mentor people free for nothing for 15 plus years.
It was not until the last 5 years did he get commissions which he used to fund his expansion.

I also beleive most people are happy with him and this bashing is maybe 10% at most of the people who ended up in the unfortunate decline.
For one I learned about real estate, I learned about deprecation, renting.
I do hope all the bad experiences people have are improved.
I do wish you all good luck and will pray tonight all the bad experiences get some positive outlooks!

Thanks
Eric

Danny Briere 805-563-4008

YOu got the nerve to talk about people’s poor writing, you can’t even spell the word “grammar.”

Little did he know that the source of money all originated from Wall Street and that money is now becoming scarcer. In case you haven’t noticed, the banks have tightened lending practices tremendously. For every $1 loaned out, the bank used to keep $.10 in reserve. That amount just got raised to $.18 or an increase of 80%.

What does this all mean? Banks are not going to lend out as much.

I lost money on my investments with Reddick seminars, Greenlight Real Estate and North American Land Development Company. Then I changed my strategy.

I started conducting more due diligence and joined up with experienced investors, brokers, developers and investment groups (not easy to find) Now I am on more solid ground and know what I am doing. Now I am positioned to create wealth.

Unfortunately, I think the majority of investors following groups like Reddick, Greenlight, etc, don’t really think for themselves but just go along with what they hear.

Investment groups like Green Light, Reddick etc, are almost like cults attracting people who blindly following the leader be it Marshall Reddick, Adam Sachs or whoever.

Scam artists like Marshall and the others will always have a following, because so many new investors want to follow someone and be handheld along.