The Sherer Group

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.

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.

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.