I
did an actual search to find out how many people misspell Carleton's name,
and indeed it is a common typo. We have included both spellings to
provide a search engine friendly review.
Mr. Sheets probably has the
longest running infomercial on television. He is like an old friend
who shows up in your bedroom at 2 a.m. when nothing else is on.
Thousands of people still order his seminar from 'EI' or the
Education Institute. I have had nothing but good experience with
this organization (IE), and although they are definitely out to make
money- they seem to be selecting quality products and services for
the absolute beginner. The infomercial they promote currently is the
Robert Kiyosaki Choose to be Rich seminar, which is
actually fantastic. You must begin somewhere, correct?
Is it really 'Zero Money Down'
?
I have listened to literally
hundreds of hours of Carlton Sheets. I believe he is an excellent
first step as you prepare to plunge into real estate investing. For
the absolute beginner, he provides the nuts-and-bolts. He gives the
primary strategies for no money down real estate purchasing and even
provides live telephone interviews with potential sellers. This was
my absolute favorite part of Carlton's audio CD series. Knowing the
right questions to ask is the most important part. It is half the
battle. In fact, after I listened to this section, I actually called
a few properties in order to test his phone script system and it
actually does work very very well. If you applied yourself, it is
certain that after looking at maybe 100 or 150 deals you might find
something that was ideal. Maybe fewer. Maybe even no money down.
However. I believe that the
course is a little overpriced because you can get the basic
information at the library. Granted, this is also true with many
information products, but I believe Mr. Sheets should stop running
these infomercials or at least lower his price for the kit. You see,
it is not good to purchase 'no money down' real estate if you don't
have any money. If something goes wrong, you are screwed. You need
to have some capital, because if you don't you probably do not have
good cash flow management skills anyway. Carlton spends about five
minutes explaining how you do NOT need good credit to buy real
estate but that it's a very very good idea to have it. He
explains how you may increase your credit by purchasing an
installment loan at your local bank through purchasing a bond in
that bank. Then you pay it off over six or twelve months and move on
to the next bank. Soon your credit rating sky-rockets, and your
ready to invest in real estate.
I recommend that you read our
SOS system before you decide to purchase Carlton's material.
Read one of his books or borrow a tape from a friend before you buy
the whole collection. It is good to have it in your collection
when you can already afford it! Decide first where you are in
the SOS system before you purchase his material. In my
opinion, Claude Diamond has a lot more interesting information.
Carlton is they guy who brought 'no money down' real estate to the
masses, but I do not believe it is the best. He provides very little
in the area of 'lease option' real estate in his first course, but I
have been told that he has a 'lease option' info kit for purchase. I
have not yet reviewed this material but will post a review upon
completion. Claude Diamond is perhaps the 'original' lease
option mentor. I am currently studying his material and I agree with
Matt Gagnon, it is completely unique and powerful.
BSA gives
Carlton and Carleton
Sheets
The Real Estate,
The World's Greatest Wealth Builder:
The Best-Selling Author Tells How to
Make Millions With No Down Payment.
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