| Real Estate Programs on TV? |
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Nikita771
Member
Cash: $ 2.30
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Joined: 03 Aug 2005
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My mom just purchased the Carleton Sheets program. I don't know if she has opened it yet. She told me about it when I visited her the other day.
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Tue Aug 30, 2005 12:43 am |
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ushomeloans
Full Member
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Joined: 08 Sep 2005
Location: Sacramento
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go to ebay and buy it cheaper
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Thu Sep 08, 2005 10:15 pm |
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bigp
Member
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Joined: 19 May 2005
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The Sheets program is good, but very basic. In addition, you can get all the info that you'd find on the course online, as others here have said.
You guys mentioned some good sites, but have forgotten one in particular. . .I hate to promote here, but you can stop by and learn a ton at:
BiggerPockets.com Real Estate Investing
We try to offer the tools and resources you need to be successful without selling you anything. We do not pitch "gurus" like Sheets. We simply offer you the information and resources you need to be successful as an investor - newbie or pro.
I also recommend people using their library to get free information. It is one of the most underused resources out there. Why spend if you can get it for free, right?
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Wed Oct 19, 2005 12:02 am |
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paul80424
Contributing Member
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Location: Littleton, Colorado
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| TV Real Estate Programs |
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I've bought a few of these programs before I went to Real Estate school. All of them have great information, but make it sound so easy. I think it's best to get a mentor, and see how it's done. This way you can learn the in's & out's of the business without learning the hard way. The hard way is getting sued by someone.
There are many real estate clubs. I would suggest that you go to these, and start meeting people in the field. Real Estate is not get rich quick. It's rewarding if you work hard. It's also a up & down business. If you have the skin for it. Go for it.
Paul Maynard
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Wed Nov 23, 2005 3:24 pm |
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financialpeace
Contributing Member
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I bought the Carlton Sheet's course years ago, mid 90's, and there is a lot of good information in it. BUT.... if you really pay attention to what's being marketed and how its being marketed, he really targets those that are financially distressed or basically broke, making real estate investing sound like the "saving grace" or "lotto ticket" to wealth and prosperity. I found limited teachings on "exit" stategies, in which any MBA/entreprenuer will tell you that you need to plan the exits well before the purchase. Also, I found that by marketing to the financially distressed, you're trying to teach someone about real estate investing when they have limited knowledge and behaviors supporting the very basics of a sound financial plan, such as an emergency fund, budget, risk assesment, proper insurance, and NO debt from depreciating assets. If you go into this type of course, and I don't care which strategy you use, and you don't budget, and have an emergency fund set up for each individual property, you're setting yourself up for a disaster.
In addition to all that, when I was "big time" in my own mind, buying RE with NO down, the interest rates started to fall, which by the way made it tough to keep/find good renters. Good renters with good incomes could qualify for their own home, which elevates the next level of sub-standard tenants and even causes the investor to lower rent rates in order to keep it afloat. NOT a good situation as you could easily see. When you are a No Downer, and vacancies climb, and you have no emergency fund because you weren't taught to make each property carry its own weight, you'll be in trouble very quickly, like one or two months, maybe three at the most, will turn you from an infomercial supporter to a NO DOWN HATER! But that's a good thing, at least it was for me, because I had to jump back, lick my wounds and learn from some real experts that WERE actually doing it, not selling it, and unlearn what I had learned, but in the long run, its been great. I would say though, that if anyone gets the CS program, DON'T buy into the coaching like I did, it was $2700/property deal in '95, and again, it was all focused on accumulation of properties, so be careful out there you infomercial prospects, there's a BIG difference between cash flow and wealth. Basing your RE success on cash flow is like leasing a BMW, yeah it feels good while you're driving it down the road and everyone looks at you like you've got something special, but the payments hurt and turning it back in at the end of the lease hurts even worse.
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Fri Feb 24, 2006 2:15 pm |
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Jaszbo
Preferred Member
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I have the Carlton's DVD's and products, but didn't purchase it. I got it from a friend. It has absolutely nothing new in there and nothing that isnt' already known. You are better off getting two good books from the library. His videos honestly are more hype than anything.
Then again I did met a person who was doing well in real estate and said it was because of Carlton's videos. I think real estate though isn't rock scientist and some people are good with real estate and it's not like other investing as some people who aren't even investors can repair houses and they can have a good eye for real estate and do pretty good.
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Sat Feb 25, 2006 5:30 am |
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clarky
Member
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Location: Australia
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I found that out the hard way buy purchasing something that had 10 year old information on it.
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Tue Mar 07, 2006 12:27 am |
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foxi$
Contributing Member
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Joined: 22 Aug 2006
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| CARLESTON SHEET ROCK! |
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I LIKE HIS BOOK AND IT INTERSTING TO ... I ORDER HIS COURSE 2 TIMES SENT IT BACK TWICE GRAB WHAT I COULD NOW I READING A.D .KESSLER TRACK RECORD READING HIS BOOK AND HIS CD ARE GREAT TOOLS I LIKE TO HAVE A COACH SHOW YOU IT POSSIBLE TO WORK WITH COACHING I OPEN TO LEARNING I NEVER KNOCK IT BECAUSE I MIGHT HAVE TO TELL MYSELF I BE NEXT ONE TEACHING YOU ... LOL I LOUD WILD ABOUT LIFE IF I HIT IT BIG LOL I NOT TELLING YOU ANYTHING LESS OR MORE BUT GREAT TEACHERS CAN BE YA TICKET TO STRIKING IT RICH IT NOT IMPOSSIBLE YOU HAVE TO START SOMEWHERE I BE THE JUDGE OF MY OWN LIFE IF YA ROCKING THE BOAT STOP GET ON MY YACHT... LOL
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Wed Aug 23, 2006 1:18 am |
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wbinvesting
First Time Poster
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| Not on late night TV, but... |
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Long time lurker here.
Hands down the absolute best course I've ever taken is offered by REITactics. It is a year long course that covers every aspect of investing like a business.
The guy who teaches it only does four groups each year. One starts each quarter. I took it in 2003 and by the third month into the course I was twice as profitable for the same amount of effort. By the end I was way ahead and working normal hours with time for the family.
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Tue Oct 17, 2006 5:19 pm |
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