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Review - CARLETON SHEETS
(AKA Carlton Sheets)
(AKA Carlton Sheets)
[All reviews are based primarily on the (6) most important considerations when choosing
a real estate investing course. Sources for reviews include the Better Business Bureau, Attorneys General,
FTC, customer input, and our personal review]
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COMPLETENESS: Of the 22 methods listed, the Carleton Sheets course only covers a few basic methods - mostly involving lease options or buy & rent. The materials, themselves, are scarce on details, in an attempt to induce the customer to buy into the expensive mentoring. This strategy of "up-selling" is pretty standard among the gurus, with the exception being the Bill Vaughn course, which does not have any add-ons or monthly fees.
COACH COST: Mentoring from the Sheets organization begins at $2,000. The basic program without the mentoring is of little value.
COACH QUALITY: The Sheets' coaches are not professional real estate investors, so their knowledge base is very small. It is unlikely that a Sheets mentor will prove of any substantial value. If coaching is important to you, only "The Simple Man's Guide to Real Estate" by Bill Vaughn provides professional coaching for free, by actual investors, as it is offered by a non-profit.
SUCCESS RATE: Unknown. There is no internal tracking or customer polls. Information from all available sources indicate some of those who buy into the mentoring achieve some degree of success, but since the strategies are limited, so is the level of success.
BETTER BUSINESS BUREAU RATING: The BBB seems to be relatively satisfied lately, since the company that markets this program (American Marketing Systems) has finally decided to take complaints more seriously. In the past, they were ignored. However - and we find this to be important - this company still receives over 300 complaints during any complaint period (generally 3 years). A good company does not allow that many complaints to make it to the BBB - instead, they willingly resolve complaints with customers before they become such an issue. This would seem to indicate that the Sheets organization does not resolve a complaint unless forced to.
OVERALL COST: $360/year ($30/month). Mentoring costs a mimimum of $2000. Add-ons are extra.
COMMENTS: A fair, basic course for the beginner to learn a couple of basic methods, but the beginner may not be able to use the info without the expensive mentoring - which is of questionable value.
A BETTER, SOUND ALTERNATIVE:
Before risking hundreds, thousands or tens of thousands of dollars on Sheets' or any other course, do yourself a favor and check out the most effective real estate investing course available, offered by IntelliBiz - "The Simple Man's Guide to Real Estate"® course by reknowned investor Bill Vaughn (Bill developed the "Reverse Mortgage" now used by HUD and helped develop many of today's flipping strategies). Offered by a non-profit, it is affordable to all, and includes free coaching by investors who volunteer their services to assure your success. Real investors, not scripted telephone operators.
You get the entire course - the Guide, the contract software, (20) real estate related Bonus Books, audio CD set, Market Value Calculator and free 24/7 mentoring all for a fraction of the cost of any other course - nothing else to buy, no hidden costs, no monthly fees. And you can even download it immediately so you can start even before your hard copy arrives in the mail.
"The Simple Man's Guide to Real Estate" has the highest documented success rate of any real estate course so you will not need to buy any other courses or go to any expensive seminars or boot camps - you will be able to make money in real estate without any of those others.
If you are truly interested in really learning how to make money in real estate and receive the benefit of free, unlimited coaching, all at a price anyone can afford, "The Simple Man's Guide to Real Estate"® is worth considering.
Click on the name of another Guru to read their full report
| Completeness | Low Coach Cost | Coach Quality | Success Rate | BBB Rating | Low Overall Cost | OVERALL RATING | ||
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A few words about real estate investing in general. Before you invest in ANY
Real Estate program...
We're not going to tell you that you will be a
millionaire in 6 months. After all, we don't know you, or how determined you are. Regardless, you should understand some very important points:
1) Forget the infomercial promises - real
estate investing is NOT a "get-rich-quick" scheme, but it WILL make you rich, and can put a lot of cash in your pocket in a short time, if you have the right guidance.
But REAL wealth takes a little time
and effort. If you have a tough time getting off the couch, save your money.
2) If the program you are
considering does not provide personal mentoring by
actual practicing investors (the Carleton Sheets program does not) and at a reasonable cost (or free, as
offered by The Simple Man's Guide to Real Estate),
it is unlikely you will ever get your investing career off the ground unless you already have some experience. There
are just too many variables in this business, which makes it impossible for
any program to be a "stand-alone" career guide. Without a mentor to help you
get started, these variables will stand as a barrier between you and success.
Carleton Sheets and most other gurus charge from $2,000 - $45,000 for coaching, and THEIR coaches are not investors.
Again, with "The Simple Man's Guide to Real Estate" the mentoring is always free, easy to use
and our mentors are practicing investors, not telephone operators or
"couch investors". Your mentor will be there every step of the way, holding your hand, so to speak.
3) Real
Estate investing is not for everyone. Success in this field, as with any
other, requires effort, and can be frustrating at times, and can take
an emotional toll. But the rewards are wealth, the freedom that wealth brings and
a 4 hour work-week, for starters...
NOTE: Many of the infomercial gurus do not provide in-house mentoring by
qualified investors. Instead, most of them "farm out" the mentoring to disreputable companies
such as Mentoring of America etc. Before buying into a mentor program, you would be wise
to ask the company EXACTLY who provides the mentoring. Ask if the mentors are actual, practicing
investors and if the mentoring is provided in-house,
or if it is provided by a third party.
Most programs are not complete or self-explanatory, with the logic being that the customer would then need to buy into
their expensive mentoring, which is what they are really selling.
But if the coaching is free, as it is with "The Simple Man's Guide to Real Estate", you can rest assured that
the program, itself, is complete, finely detailed, and easy to understand. Again the logic is simple - the more complete the program, the less need you will have of a coach.
And when coaches are free, it is important to keep the "need" to a minimum, so we provide the most detailed course possible.
Whichever course you may purchase, we do wish you the best. And if you have questions, feel free to ask. We are here to help.
All brand or product names mentioned in this Web site are trademarks
or registered trademarks of their respective owners. This website is not associated in any way with John Beck, Russ Dalbey, Carleton Sheets, Russ Whitney, John Alexander, Donald Trump,
Robert Allen, Wade Cook, Lou Vukas, Ron Legrand, Robert Kyosaki or Dave Lindahl, or any company or
business associated with them. Site presented by IntelliBiz.