A geometric sequence is characterized by (defined by, really) a common ratio between any 2 consecutive terms. In other words, any term in the sequence divided by the previous term should = the same number, a ratio we call r.
So, we will set up a proportion using this definition, then cross multiply to solve for y:
y / (y + 1) = (y - 4) / y
y2 = (y + 1)(y - 4)
y2 = y2 - 3y - 4
3y = - 4
y = - 4/3
As a check: - 1/3 , - 4/3 , - 16/3. Yes, this forms a geometric sequence with t1 = - 1/3 and r = 4.