If You Want to See More About John T. Reed....

Go to the real estate forums at CREonline.com, enter his name into the search field and you will get literaly hundreds of results

You'll find that for the most part, he's considered to be a joke in creative real estate circles!




Creative Real Estate Online

Yes, but the reason for that is because the people who frequent that forum are mostly Carleton Sheets/William J. McCorkle/Tom Vu dreamers.

> Go to the real estate forums at
> CREonline.com, enter his name into the
> search field and you will get literaly
> hundreds of results

> You'll find that for the most part, he's
> considered to be a joke in creative real
> estate circles!

Adam,
You obviously have never frequented the main CREonline forum.

> Yes, but the reason for that is because the
> people who frequent that forum are mostly
> Carleton Sheets/William J. McCorkle/Tom Vu
> dreamers.

Adam -

> Yes, but the reason for that is because the
> people who frequent that forum are mostly
> Carleton Sheets/William J. McCorkle/Tom Vu
> dreamers.

I've known you and respected your posts in several forums for a number of years. This statement is out of character for you. And it's simply not true. Creonline has a *number* of forums. Yes. There is a Carleton Sheets forum. And we both know that McCorkle and Vu were crooks. As you probably know, McCorkle is serving time in federal prison for his crimes. And I don't know what Vu is doing these days.

In any case, that's an unfair stereotyping and characterization of those who visit Creonline. I will agree that there are dreamers on there who seem to be scared of doing their first deal. But there are plenty of others who are making it happen using creative real estate techniques.

Let's also set Mr. Reed in the correct light. Dien Rice already pointed this out but I'd like to amplify it a bit more. John T. Reed blasts 90 - 95% of the "gurus" in real estate. Let's compare Mr. Reed's information with one of those he blasts, Ron LeGrand.

Reed says LeGrand is basically a huckster selling "get-rich-quick" stuff. Yet I've met a number of people who are reproducing Ron's techniques regularly. There are many of them in my area. Mr. Reed has done 11 real estate deals. Ron LeGrand has done 1400+. And, as Dien pointed out, Reed sells his own real estate materials.

I've met Ron LeGrand. He's a down to earth guy whose making money teaching his system to others. What's wrong with that? BTW, it might interest you to know that Ron LeGrand does *not* blast others in the real estate training business. He speaks well of many of them and has them at some of his events.

I've also invested in LeGrand's materials. I find good information based on solid principles in them. I may purhcase Sheets information to compare. I don't know yet.

Now, who should I buy information from? A guy who has done 11 real estate deals (I know a couple in this area who did *nine deals in ONE MONTH*) and blasts almost everybody but himself, or a guy who has done 1400+ deals and is showing others who to do it?

Rick Smith, "The Net Guerrilla"


Click to Get Your Free Course On How to Get a Great Life in 10 Days

Anybody who publicly trashes their competition in the guise of a "Guru Review"then turns around and tries to sell you their own book on a subject they obviously know nothing about has very little credibility in my opinion.
Like you said .... Reed has done a total of 11 RE deals in his life while the people he blasts like LeGrand, Bronchick, Kaiser etc.... do this many in a month.

> Adam -

> I've known you and respected your posts in
> several forums for a number of years. This
> statement is out of character for you. And
> it's simply not true. Creonline has a
> *number* of forums. Yes. There is a Carleton
> Sheets forum. And we both know that McCorkle
> and Vu were crooks. As you probably know,
> McCorkle is serving time in federal prison
> for his crimes. And I don't know what Vu is
> doing these days.

> In any case, that's an unfair stereotyping
> and characterization of those who visit
> Creonline. I will agree that there are
> dreamers on there who seem to be scared of
> doing their first deal. But there are plenty
> of others who are making it happen using
> creative real estate techniques.

> Let's also set Mr. Reed in the correct
> light. Dien Rice already pointed this out
> but I'd like to amplify it a bit more. John
> T. Reed blasts 90 - 95% of the
> "gurus" in real estate. Let's
> compare Mr. Reed's information with one of
> those he blasts, Ron LeGrand.

> Reed says LeGrand is basically a huckster
> selling "get-rich-quick" stuff.
> Yet I've met a number of people who are
> reproducing Ron's techniques regularly.
> There are many of them in my area. Mr. Reed
> has done 11 real estate deals. Ron LeGrand
> has done 1400+. And, as Dien pointed out,
> Reed sells his own real estate materials.

> I've met Ron LeGrand. He's a down to earth
> guy whose making money teaching his system
> to others. What's wrong with that? BTW, it
> might interest you to know that Ron LeGrand
> does *not* blast others in the real estate
> training business. He speaks well of many of
> them and has them at some of his events.

> I've also invested in LeGrand's materials. I
> find good information based on solid
> principles in them. I may purhcase Sheets
> information to compare. I don't know yet.

> Now, who should I buy information from? A
> guy who has done 11 real estate deals (I
> know a couple in this area who did *nine
> deals in ONE MONTH*) and blasts almost
> everybody but himself, or a guy who has done
> 1400+ deals and is showing others who to do
> it?

> Rick Smith, "The Net Guerrilla"

Wow, hard decision. The one who has done 11 deals or the one who has done over 1400!

> Now, who should I buy information from? A
> guy who has done 11 real estate deals (I
> know a couple in this area who did *nine
> deals in ONE MONTH*) and blasts almost
> everybody but himself, or a guy who has done
> 1400+ deals and is showing others who to do
> it?

> Rick Smith, "The Net Guerrilla"

You are correct. My apologies.

I just went back to the forum, and yes... I agree with you... it doesn't seem as pie-in-the-sky as it seemed originally seemed. Although with the millions and millions that can be made from real estate investing, I still question why they would endorse the likes of Carleton Sheets and other gurus who apparently make more money from infomercials and seminars than from investing.

On an unrelated note: I think that there is a tendency for my writing style to be misinterpreted as confrontational. I think that this is a by-product of the limitations of typed/written correspondence and the lack of vocal tonation. So, please (everyone here in this forum) don't take any of this personal.

As for JTR... the assertion that he's just a cranky old man who blasts everyone else in order to sell his stuff, is just bunk. There ARE MANY people (besides himself) who he praises:

- Bob Bruss
- CCIM Courses
- George F. Coats
- Jay P. DeCima
- Gary DiGrazia
- Joe Dominquez
- Jane Garvey
- IREM courses
- MAI courses
- Bill Mencarow
- Kevin Meyers
- Bill Nickerson
- Jon Richards
- Leigh Robinson
- Al Seastrand
- John Schaub
- Lonnie Scruggs
- Bill Tappan
- Jeffrey Taylor

So, the assertion that he needs to blast everyone else to sell his stuff is nonsense.

I mentioned that he had only owned 11 properties. My mistake, again. I don't know where I thought I remembered reading this, but here are the facts about the real estate owned:

Total rental units owned: 117
Total houses owned: 3

Maybe the total number of properties still comes to 11, but owning 117 units is still nothing to sneeze at.

So, is he 'on the mark' 100% of the time? Perhaps not. (But I think he is, in regards to RK).

His B.S. detector list is itself a bunch of B.S. He singles out the use of direct response marketing techniques as indicators of whether someone is a b.s. artist. And of course, this is nonsense.

Regarding the criticism of him owning a limited number of properties, if I remember correctly, he's owned more than Carleton Sheets owned. Regardless... I think that the issue should be:

Are the points that he is making about RK valid, regardless of his motivation?

Thank you,
- Adam.

I know a guy who writes excellent movie reviews. He's always right on target.

But when it comes to writing op/ed pieces, he's a moron.

My point? We were just discussing JTR's review of RK. I don't know anything about the rest.

My other point was that: Some are trying to discredit him because his supposed goal is to bash everyone else in order to sell his stuff... is false. (Reference post, above). He recommends many authors and lecturers.

- Adam.


Get your dog to listen to you, anywhere you go!

It was an apartment complex that he lost through foreclosure in the 1980's.

A real "Guru" in action!

> You are correct. My apologies.

> I just went back to the forum, and yes... I
> agree with you... it doesn't seem as
> pie-in-the-sky as it seemed originally
> seemed. Although with the millions and
> millions that can be made from real estate
> investing, I still question why they would
> endorse the likes of Carleton Sheets and
> other gurus who apparently make more money
> from infomercials and seminars than from
> investing.

> On an unrelated note: I think that there is
> a tendency for my writing style to be
> misinterpreted as confrontational. I think
> that this is a by-product of the limitations
> of typed/written correspondence and the lack
> of vocal tonation. So, please (everyone here
> in this forum) don't take any of this
> personal.

> As for JTR... the assertion that he's just a
> cranky old man who blasts everyone else in
> order to sell his stuff, is just bunk. There
> ARE MANY people (besides himself) who he
> praises:

> - Bob Bruss
> - CCIM Courses
> - George F. Coats
> - Jay P. DeCima
> - Gary DiGrazia
> - Joe Dominquez
> - Jane Garvey
> - IREM courses
> - MAI courses
> - Bill Mencarow
> - Kevin Meyers
> - Bill Nickerson
> - Jon Richards
> - Leigh Robinson
> - Al Seastrand
> - John Schaub
> - Lonnie Scruggs
> - Bill Tappan
> - Jeffrey Taylor

> So, the assertion that he needs to blast
> everyone else to sell his stuff is nonsense.

> I mentioned that he had only owned 11
> properties. My mistake, again. I don't know
> where I thought I remembered reading this,
> but here are the facts about the real estate
> owned:

> Total rental units owned: 117
> Total houses owned: 3

> Maybe the total number of properties still
> comes to 11, but owning 117 units is still
> nothing to sneeze at.

> So, is he 'on the mark' 100% of the time?
> Perhaps not. (But I think he is, in regards
> to RK).

> His B.S. detector list is itself a bunch of
> B.S. He singles out the use of direct
> response marketing techniques as indicators
> of whether someone is a b.s. artist. And of
> course, this is nonsense.

> Regarding the criticism of him owning a
> limited number of properties, if I remember
> correctly, he's owned more than Carleton
> Sheets owned. Regardless... I think that the
> issue should be:

> Are the points that he is making about RK
> valid, regardless of his motivation?

> Thank you,
> - Adam.

All they do is have a Sheets forum to free up the main forum from endless newbie questions of "Does Carleton Sheets work"?

You really need to pay closer attention Mr. Katz.
Remember, comprehension is your friend.

, I still question why they would
> endorse the likes of Carleton Sheets and
> other gurus who apparently make more money
> from infomercials and seminars than from
> investing.