Green Light Real Estate
Reviews and Complaints

I bought some properties with these guys a few years ago in North Carolina and Tennessee. Both of my properties have declined in value, and continue to go down. I was hoping to sell them, but there are too many investors trying to do the same thing.

I am loosing money on both of these properties. Now having studied those markets, I see they were already going down when we were offered them. We were told they were appreciating, but that wasn't true.

I think Ryan and Alan try to find good investments, good enough for their mother as they said on the call, they just are both inexperienced and don't know how to analyze the markets. Alan's Golden Horseshoe stuff is nonsense! Markets are studied for specific criteria, and then good deals are found, it is not luck!

I have joined a different "mega" group and I see the difference. The partners look at every angle of the market, conduct extensive due diligence and spent hours explaining their research during the conference calls, webinairs and live buying seminars to potential buyers. There is no hype.

I understand now Ryan and his guys have moved from "Mega Calls" to "Millionaire Summits". Buyer Beware--They won't make a millionaire out of any one but themselves.

I invested with Green Light for about one year. Started with them in Arizona. They were still selling properties when the market had become overdeveloped. Dozens of investors could not sell or rent their properties because they were so many on the market.
The partners of the company, Ryan and Alan, are very inexperienced and do not conduct good research and due diligence. Most of the information they give you is hype. I stopped investing with them 2 years ago, but know others who have lost lots of money with them.
Now they are doing the same thing in the Carolinas and Tennessee. They are bringing investors to developments that are selling primarily to investors. It will be hard to sell the properties and already the property values have declined from when the investors bought them. Same pattern continues...

Please specify the location/city & state of the Greenlight you are speaking of. There are many companies across the nation with the name Greenlight.

I understand Greenlight has closed down. Great News! Whether they were closed down by the authorities or fell apart by their own devices I haven't heard, but at least their bad investment advice won't be getting out to the new, inexperienced investors they used to attract.
This current real estate market is weeding out the bad ones, thank God!

I know several people who invested with this group and have had bad results. I think the problem was the partners Ryan and Adam were very inexperienced and did not conduct good due diligence. I never invested with this group because of what my peers experienced with them. I worked with experienced partners/investors and learned from them. The key is conducting very thorough due diligence, which was not done on Greenlight's offerings.

I only listened to a few of their conference calls, but never invested with them. I am a seasoned investor, I have been investing for over 30 years. Ryan and Adam are amateurs.
They cater to people who don't know anything about real estate investing, or these investors would not be getting involved with them in the first place.
After listening just a few minutes on the call, I realized these guys did not know what they were doing. Adam was talking about his investing 5 years ago in Arizona. That was a different time and market. It was nothing to do with today. He was investing in rental properties, now he is pitching pre-developed land. Two different animals. Adam has not made money on his pre-development investments, like he has with his rental properties. But his investors don't understand that.
The calls are filled with a lot of hype and not much substance and information about the investment offerings.
Investors are not given solid information, and probably don't have enough experience to do solid due diligence on their own.
No wonder people are loosing money with these guys!

The majority of realtors are so bad that I can't tell you how badly I have been hurt by them. So little education, so little we can do to fight their injustice. You say go to the Real Estate Commission in their state they practice, but in my broad experience, the Commission is only there to protect them against John Doe Customer. It's hard to believe, but true.

Realtors have the largest lobby group in the nation, so they are well well protected. You are up against a giant when you get literally screwed by the whale dung of the land and ocean.