Comments on: Marshall Reddick Real Estate Network Sued for Fraudulent Home Sale Investment Enterprise

By: Scott

Scott — Fri, 03 Jun 2011 21:32:33 +0000

The 2 most important factors missing in most of the negative post are “Personal Accountability” and “buyer beware”. I find it cowardly and immature to state all those negative comments about anyone else without each individual holding themselves accountable to where they place their money. Did you learn from the experience? Can you invest with more knowledge next time? I invested in two properties 8 years ago and two more 6 years ago. Did they go up in value? Yes. Did they go down in value? Yes. The stock market has been even more volatile. Yet, even though I am just a working class stiff I am far more financially sound now than I was 8 years ago because I invested in both. Without the assistance of the Marshall Reddick group I would not have the valuable life lessens learned from dealing in real estate. DO YOUR DUE DILIGENCE!

By: PJ

PJ — Fri, 18 Mar 2011 15:17:26 +0000

Larry,

I’m trying to sue Reddick now, but my attorney advised me against the RICO Claim. If anyone has made that work, I would love to know the details. They claim that putting him in jail wouldn’t help me get my money back, and they don’t want to wait years to be paid since these federal cases drag on and on. If you want to read about another lawsuit that I know about; google “Lawsuits against Warren Rosendale”, and look for the PDF file.

The problem is that Reddick filed bankruptcy in 2009, and has hidden all of his money. There was multiple counts involved on my deal, and I lost over $100,000.

By: PJ

PJ — Fri, 18 Mar 2011 15:10:17 +0000

BUYER BEWARE!
Marshall Reddick is a wolf in sheeps clothing, so don’t invite him inside your life. On my deal I lost over $100,000 do to the dirty Real Estate Agents involved. There was fraud involved in several different aspects of the sale of the property. All of these people are “connected” with the goal to get the money out of your pocket. When you find out that the deal is bad, if you sue him you come up empty because he’s “uninsurable”. He filed bankruptcy to avoid the accountabilty.

By: Larry

Larry — Thu, 04 Feb 2010 17:02:44 +0000

On the Class Action lawsuit against Marshal Reddick, anyone know the case #? Court?

I’m curious if the RICO cause of action survived as they are very difficult to get past the pleading stage.

Thanks.

By: Kate

Kate — Thu, 24 Dec 2009 17:10:27 +0000

Im feel sorry those people who were a victim of the real estate scheme. Justice will prevail. Just don’t lose hope!.

By: C

Tue, 24 Nov 2009 04:43:52 +0000

I’m interested in who you are using as property management now that you are no longer with MR or Todd Mulkey?

By: Kathy

Kathy — Sat, 07 Nov 2009 16:26:15 +0000

I also bought at this project…have you persued class action suit?

By: victor toombs

victor toombs — Wed, 23 Sep 2009 19:57:18 +0000

To JS,

I would like to know more about this Ocean Pacific Group that Marshall Reddick is using to hide his assets. Please contact me.
at victortoombs7@hotmail.com

Thanks

By: Kim Barrack

Kim Barrack — Tue, 01 Sep 2009 20:42:04 +0000

Avoid his scam at all cost!!
We are slave to the houses he sold us…
Really, it’s all a big lie…

By: Gary Glass

Gary Glass — Sun, 23 Aug 2009 00:41:43 +0000

I began studying real estate in 1991. I began including monthly Marshall Reddick Real Estate meetings in my education in 1992. I purchased 12 properties through Marshall’s group and 8 outside his group in the 1995 to 2004 timeframe. I also invested in commercial real estate via the Landwin Group with Marshall and his team.

My individual RE experience with MRREN has been positive the commercial venture was negative, although was it 100% Marshall’s fault? I don’t think so. Did Marshall cause the subprime meltdown? No. Did Marshall cause RE values to decline nationwide by 20-50%? No.

I bought and I sold my properties using an educated persons perspective. BUYER BEWARE.

When I read the comments in this blog. I can’t help but think that the people that invested with Marshall were dopes. They did not think that they could experience any downside. As in life, with investment there is risk.

I don’t hear any individual responsibility being taken for individual actions in most of the posts here.

Am I upset with the performance of the business decisions that “I” made that went bad. Yes.
Am I happy about the with the performance of the business decisions that “I” made that went good. Yes.

Although Marshall was the vehice that I used for many of my out of state acquisitions, he was not responsible for my acquisitions. Only I am responsible for my decisions.

Only YOU are responsible for YOUR decisions.

BUYER BEWARE. If you or I do something stupid, that person is responsible for the outcome, no one else.

My advise is for each of us to continue to become better educated in investing (RE or other), that is how we make better decisions.

Best of luck to all.

By: Travis

Travis — Mon, 17 Aug 2009 18:08:02 +0000

has anyone ever heard of James Smith? He is out of Utah and Florida. He does similar real estate investments as Marshall Ridddick. Classes seminars etc. I would like to hear your opinion. Thanks!

By: JS

JS — Thu, 09 Jul 2009 20:55:22 +0000

Heads up to those suing Marshall Riddick he is trying to hide his assets in a trust called ocean Pacific group it is controlled bye an attorney Daniel E Carpenter of Simsbury CT