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

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.