map-marker Santa Cruz, California

What about tenants to be evicted from potential sale of home?

The Sherer Group - What about tenants to be evicted from potential sale of home?
I received an invitation to attend a seminar at the Chaminade in Santa Cruz. None of the six questions you list entail treatment of current tenants soon to be evicted or facing higher rents. This is a serious, or should be, consideration when flipping properties. In this tight rental market with skyrocketing prices, evicted tenants #1. face difficulty finding another property and #2. face additional squeeze on their finances. Perhaps, you and property owners have little to no interest in their tenants' welfare and that is truly criminal. The depiction of Esquire man befits the profile of Sherer Group...nice shirt, nice tie, late model car, beautiful wife and house bought with the profit margins of flipping rental properties.
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Reason of review:
How to properly handle current renters/lessees

Preferred solution: Let the company propose a solution

map-marker San Jose, California

Financial Planning saved my life!

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Financial Planning isn't something I'm good at... Saving money, isn't my forte! The entire aspect is daunting and overwhelming to me! I've worked with Tim for 5+ years. What is consistent is his honesty, sincerity, and transparency in what he does. With all the ugly news of our financial systems running aground due to lack of integrity and greed, Tim is a fresh breath of air. Working with Tim has been good for me because he's firm, but completely flexible with how he works with me. He's also very passionate about what he does and that passion really shines thru. In addition, the support staff always makes me feel warm and welcomed and part of the Sherer Group.
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Reason of review:
Good customer service
1 comment

I couldn't agree more. Tim & Ryan have stuck with me through thick and thin and to be honest, have exceeded my expectations.

Honesty is likely the most important factor a financial advisor should have (in my opinion), and they have shown that during the good and bad. I appreciate the level of service and the family business boutique type feel.

I'll be a client for life and as will my children.

Nick C Sik
map-marker Mountain View, California

The Sherer Group

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.
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Well, I'm satisfied with the investments Tim has reccomended. Out of the 4 different funds and investments I've been place in, all have shown significant return.

More than expected.

Understand that investing isn't risk-free and I'm 100% confident Tim disclosed this to you. This firm plays by the rules and thats why they have my business.

Nick C Sik
reply icon Replying to comment of Guest-531724

Please give me a call at 408-741-**** and let know about your successful investment with them? I knew a number of other people lost money with Sherer' group.

I do not know anyone made money?

I am not sure if you are a real consumer or a fake poster, related to Sherer? Because I started to ask questions about Sherer's group, Tim quickly drop me from the "Invite" list

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