The Sherer Group Reviews

The Sherer Group, 1754 Technology Dr, Suite 246, San Jose, CA 95110-**** 408-984-plan (7526), fax 984-****. Operated by husband Tim and wife Teri. Where they typically sponsor a dinner in Double Tree Hotel of San Jose. Guest speakers, recommended by JP Turner will give a sales pitch. Tim will help promote the event. They offer high return and worry free investment. The truth is this, once the money is out of your hand, you have ZERO control over it. They are now in the driver seat and do whatever they please with your money. You lost it, investors beware. Here is one thing to look for, if the investment is so good, do they have their money in it, or their parent/relative/best friend? If not, BIG RED FLAG. For example, Ngas promises a great natural gas future in US. The truth? The investment is good for the 1st year tax write off, because you lost all that money. The return? They do send in a token payment. It will take over 200 years to my principle back. Meaning my kid will never see it. My grand kid will never see it. A total SCAM. Another one, DT Group from southern California. They buy nice newer apartment complex. In this case, Savannah, Georgia. Verbally they tell you the great return for your money. In today's California rental market, I look for cash-flow, not appreciation. I can do about 10% return per year, that is after all expanses. DT's return is 2~4% or less. I ask what happened? They send me a picture of a room. I ask what about this picture? Reply: See the nice paint job? A paint job? It is not like you remodel a kitchen or bath. Further reply, we gave out too much concession, i.e. free rent. It is not like 50% of tenants living there do not pay rent? I as a landlord, given the choice of give out free rent or have apartment sit empty, I let it sit empty. Both have no income, but one has wear and tear.