Is Carlton Sheets No Money Down Real
Estate Course a Scam?
Carlton Sheets
has grown to be an infamous late night real
estate infomercial guru. He focuses
the majority of his courses on no money down
real estate. For the past 20 years Carlton
Sheets has claimed that he can teach anyone
how to buy and sell property using this
strategy.
The majority of people that hear about
his course do so either through the web or
as a result of the convincing TV promotions.
Throughout the years Sheets has generated an
enormous amount of profit from marketing his
system. As is the case with most gurus
it's suspected that Carlton Sheets makes his
income from selling products and not from
following the strategies he preaches.
The latest gimmick to come from
Carlton Sheets is his no down payment
program. He sells this for only $9.95
which definitely sparked my interest.
I quickly realized that it’s priced this low
because it’s part of an elaborate up sell
strategy.
The ten dollars buys you a 30 day trail
period of Carlton Sheets full course.
At the end of that time frame if you have
not returned the course they will proceed to
bill you 3 payments of $70. There are
several complications with this method,
first of 30 days is not enough time for
anyone to get through all the material he
sends, let alone see if his methods actually
work.
Secondly, his organization has strict
rules for shipping procedures when returning
the product. Many times folks will
proceed to get charged the full amount on
account of violating some minor shipping
technicality.
Moreover, Carlton Sheets' course has
changed very little since he began selling
it years ago. Most of the material in
it has become common knowledge by now and
can be found on the net for free.
The point is that Carlton Sheets’
theories are not new and people know about
them. The reason that everyone doesn’t
buy their homes no money down is not because
they don’t know about the method it’s
because it is a very difficult strategy to
pull of.
If you're interested in professional real
estate training, you should check out our
top rated real estate course, it will
provide you with all the tools necessary to
take advantage of the current market and
show you how to consistently profit,
Check It Out Here.
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Customer Reviews for 'Carlton Sheets'
Comments to date: 1. Page 1 of 1. Average Rating:
V. OLIVER, GRAND BAY, AL.
Posted at 2:36am on Wednesday, March 19th, 2008
I spent three thousand dollars on his course four years ago. It took about four days to realize that the course was anything but No Money Down. The staff for Carlton began asking me about credit cards, savings, lines of credit and even if there are relatives or friends you can borrow money from to float a "No Money Down" buy. Along with the materials and the phone interviews, it gelled that there is no "No Money Down" strategy, it just appears that way. I purchased this course when I lived in Florida well before the market fell. When you factor servicing the debt, monthly insurance (before the insurance companies saw their oportunity to screw the hell out of the home owners after Katrina), property taxes and maintenance cost, there is no way to buy a positive cash flow house. Real estate had gone through the roof, but Carlton glosses over that and says that if you're not making a profit from the start, you don't know what you are doing. I grew up in Florida and remember the cost of... read more»
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