Marshall Reddick Real Estate

Lost A TON Of Money

This review is overdue. It’s been 12 years since Marshall Reddick Real Estate has caused us to lose a lot of money.

Some reviews are shaky at best. There are ‘two’ glowing reviews about Marshall Reddick.

My wife (now my wife) and I attended one of his “investment” seminars. He said, “cash out and refi. Take the equity. Use that to make three down payments on additional properties.”

Get rich quick scam/seminar.

Do you sound familiar? Do you communicate familiar?

She was determined to buy more property and wouldn’t listen. She wanted to expand, even though we already have three houses with positive cash flow.

After the “seminar,” she offered them to go to Vegas with “their” realtor to take a tour and see properties.

Properties are moving quickly, don’t think, purchase, or you’ll be missing out!! Everything was “Hurry! Hurry! Hurry…

This was the sale at the seminar. That was the meet-up with this group.

It was hilarious. When we walked into the Las Vegas affiliate office, the head realtor was supposedly ‘busy on her phone, and we stood there and waited.

She was making a frantic phone call, motioning for us all to be patient. It was supposed she was talking to someone, closing sales, and working, working… working! It was a great show.

She hangs up and says, “Whew! The client just bought three properties sight unseen such a hot market!”

We’d be better off just giving you our money! Ughhh.

So we decided to go on the North Vegas tour, which we didn’t realize was a hellhole and was only getting worse.

This group of houses was by far the most impressive we saw all day. Their sell was “It’s near Nellis, positive Cashflow, huge demand to military housing.” My wife was unfamiliar with the market and trusted the “Marshall Reddick Network.”

They were faithful and she bought one for $119K. Since then, it’s been a money pit.

The neighborhood became a disaster and was subsequently destroyed for months.

Each tenant was a horrible tenant, smashing walls, destroying places, and stealing air conditioners. Money. Pit.

Gee, there was no friendly military family in “up and coming” neighborhoods as the “Marshall Reddick Network promised.”

Thanks for buying, suckers. They left us hanging after we bought it. All that teamwork in the “Marshall Reddick Network” was gone…

There was no demand for rentals in that area – NONE. We had to work quickly to reduce the rent to make it affordable. Then came the crash, and the current situation was worse.

Marshall Reddick’s pitch is to sit on a property as it increases in value and then rent it out to break even or have positive liquidity.

However, knowing that you can cash out equity in a few years and refi later and then purchase more properties makes sense.

Nope. It was precisely the opposite. Property value lost, rent much less than the mortgage, terrible tenants causing damage.

I told my wife that you shouldn’t trust strangers. They made a complete fabrication, and the entire investment was absurd. The long story is short.

We have regular properties in Hawaii and California that make a lot of money for properties we found ourselves.

We built our network with trustworthy people, not some “get rich quick” network of people who give each other kickbacks to get you down from the seminars, tours, selling, and property management.

Real estate can make a lot of money, but this scam will not work.

Our current house, which we purchased eight years ago, is now worth $180K more than it was bought. That was ‘without’ Marshall Reddick Network.

(It’s not hard to see the fake reviews here. That should sum it all — used car salesmen speak the same language in realtor talk.

Is Marshall Reddick Real Estate a legit?

Marshall Reddick Real Estate is not running a legit business. They are not aggressive towards customer satisfaction and complaint grievance redressal, Hence 16 consumer[s] submitted negative ratings, and only a few left positive feedback.

Where is Marshall Reddick Real Estate located?

Marshall Reddick Real Estate is headquarted at 4299 MacArthur Blvd Ste 105 Newport Beach, CA 92660. You can contact Marshall Reddick Real Estate by dialing (949) 885-8180 or visit their website N/A.

How much monetary loss is incurred by Marshall Reddick Real Estate’s customers?

According to Marshall Reddick Real Estate’s customers, a monetary loss of US $3221 has been reported. The severity of entire incident reports is medium.

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16 Reviews on Marshall Reddick Real Estate

  1. Scam, hype, ruined me for many years financially-I had to declare BANKRUPTCY

    High pressure and rushed into buying 4 out of state properties which all lost money and were a nightmare.

Reviews: 16
Reported Loss : 3221 $
Severity : Medium
Reported by : Anonymous
Views :