Carleton Sheets Coaching Program

[kdhastedt]

Jason,

There are a couple in here:

http://www.creonline.com/real-estate-clubs/tn.html

How's Dolly?

Keith

[JeffInCT]

Here we go again.  Please Stop dissing my man Carelton.

I have said it before.  It's not the program it's the person.  I spent $3,000 on coaching.  Because of coaching, I profited well over TEN TIMES the price of the coaching course... All because of coaching.  And I made that money in a year and a half, not ten years, part time.

It's not the program, it's the person.

Can you get the coaching info on the web for free? YES.
Will coaching hold your hand step by step through a deal? NO.

Why do some fail and some succeed?

It's not the program. It's the person.  

They take the course but they don’t follow it. They take the course and they think they know investing.

Do they cash flow a house before they look at it? NO
Do the try to fix their credit before they try to buy? NO.
Do they follow the steps as the coaching course lays them out?  NO
Most people I speak with who bomb out on the course go through the coaching and still try to do it their wrong way.

DO THEY NEED SOMEONE ELSE TO BLAME FOR THEIR FAILURE??? YES

Did Carleton pay me to say this? NO

Have a nice day.

[propertymanager]

Jeff is absolutely correct.  The vast majority of REI wannabes will fail.  Most will never even buy a single investment property.  The fact is that many of these people will never even take the wrapper off the courses that they buy.

I recently went to a seminar.  One of the speakers was selling a course for $800 and offering to re-imburse the entire $800 to anyone who purchased the course IF THEY ACTUALLY DID A DEAL WITHIN 90 DAYS!!!  What this told me was that the percentage of students who actually did a deal in that time frame was infinitesimally small.

I believe as others have said that the gurus do make the majority of their money from courses, bootcamps, and coaching - not real estate.  I have no problem with that.  I started my REI career with the Carleton Sheets course and can tell you with 100% certainty that it contains all the information that a newbie needs to get started in real estate investing.  The reason people fail is that they don't follow the information in the course.  

So, I completely agree with what Jeff said.  People fail because they aren't up to the task - not because the Carleton Sheets course is defective.

I'd also have to say that I completely disagree with what TheMortgageRx said.  Obviously, TheMortgageRx doesn't appear to be a RE Investor because he certainly doesn't appear to understand how it works.  I have personally bought many properties with NO MONEY DOWN and even gotten money back at closing from a BANK (with no seller concessions).  The absolute last place that I would look for investment advice is from a Mortgage Broker!!!  Unfortunately, most of the mortgage brokers that I have experience with are long on promises and low on performance.  Their fees are high and far too often their abilities are low.  At any rate, my experience has been that they are generally barely able to successfully arrange loans as promised, let alone dispense investment advice.

I'm sure that there are good mortgage brokers out there, I just haven't met one yet.

Good Luck,

Mike

[Bluemoon06]

Mike has a good point, and I will add Real estate agents, lawyers, and CPAs to the list along with mortgage brokers.  Most of these guys don't understand what we are trying to do.  In many cases what we try to do is against their best interest.  They specialize in retail real estate for owner occupants.  But in any major city, there will be mortgage brokers, lawyers, CPAs, and agents that have specialized in doing investment property and understand it really well.  If you can find them it is good to use them and their advice.  But they tend to have limited knowledge, limited to what they have done before.  You have to understand as many options as you can, because they probably will not.

[JeffInCT]

This topic has been viewed over 3800 times as of right now. That is amazing in itself.