I’ve been reading a number of threads that have gotten me to thinking.
Concerning gurus and their programs.
To be sure, there are “gurus” out there who charge way too much and deliver little if any substance. However, as has already been stated on this and other boards, many investors fail because they choose not to follow the program and then they blame the program and the coach not taking responsibility for their own failures.
When you invest in anything, stocks, bonds, real estate, there is a certain process that must be followed. It is the investors sole responsibility to learn the process. If you’re going to buy properties in pre-foreclosure, you must know how the foreclosure process works in that state. Then you have to WORK the process.
The same applies to probates, rentals, etc. The system used is going to vary investor by investor.
Carlton Sheets’ program will work if used completely and in the right circumstances. As a Realtor, I advise my investor clients to develop a number of different strategies so they can employ the right tool for the situation and not to force a situation onto the tool they’ve choosen.
To Realtor or not, that is the question.
Realtor’s are supposedly trained professionals who specialize in the sale of Real Estate. The decision to employ one or not boils down to "Do It Yourself (DIY) or hire a professional. This is the same question that comes up when it comes time to paint the living room walls. “Honey, should we hire a painter or do the job ourselves?”
There is no single right answer for this question. It depends on the priorities and skills of the individual. As a Realtor, I’ve met people who are better at doing transactions than I am as well as people who I think should never be allowed to own property at all.
I’m off my soap box now. Thank you for your time.
Paul