Anyone know about Scott Scheel? - Posted by John B.

Posted by John Hoey on November 16, 2005 at 24:07:01:

My initial question was about J. Scott Scheel. Kiyosaki was a red herring. The jury is still out on Kiyosaki for me. I’ve heard all the rumors and investigative results that vilify him. However, I did buy the Cash Flow game and have played it with my family. It’s not MBA stuff but it can give hints of money management issues. My favorite was when my 16 year old daughter picked up a card that made her pay $80 for a pair of sunglasses. She shrieked, “$80…for a pair of sunglasses?!” Music to my ears. We’ll see if anything sticks.

I still would like to know if anyone knows of or has had any sigificant dealings with J. Scott Scheel. I suspect that the motto, “If it looks too good to be true, then it probably isn’t true,” is bang on.

I’ve heard his “boot camps” described as touchy feely, getting in tune with yourself and the word with a dash of the mystical and timeless thrown in for good measure. Not a whole lot of time for in depth presentations of a methodology, followed by intense analysis and debate resulting in a concensus on a robust and consistent set of observations and rules of behavior.

Besides, the several thousands of dollars his “boot camps” cost could go a long way towards a traditional education in Real Estate Economics that would last a few months, not just a weekend.

So, if anyone has had experience with Scheel, please share it so we all can learn.

Thanks,
John

Anyone know about Scott Scheel? - Posted by John B.

Posted by John B. on August 04, 2004 at 20:00:49:

I got a piece in the mail advertising a 3-day training camp for doing commercial deals put on by Scott Scheel. Anybody trained with this guy and what were the results? The piece didn’t tell me alot.Thanks.

Re: Anyone know about Scott Scheel? - Posted by John Hoey

Posted by John Hoey on January 18, 2005 at 11:18:47:

This is long:

I attended a free seminar Jan. 16, 2005. Scheel talked like a whirlwind. I got excited and signed up for his Feb. 17-20 “Boot Camp”. Upon further reflection, I had some doubts (read, felt “suckered”), so I started surfing the web. I didn’t find any particular posts or sites that gave anything of particular value to me until I found this interesting web page:
www.johntreed.com/

John Reed has a page containing a list of real estate “gurus”. Each guru in the list has a link to a detailed analysis of the guru. Some may be good some may be bad.

In the list, I saw Robert Kiyosaki’s name. I read the article about Kiyosaki, since I had just read a few of his books (Rich Dad/Poor Dad, etc.). The article is long but, man, it blew my socks off. Read for yourself how John Reed exposed Kiyosaki as a con artist. Here’s the link to the list of gurus. I haven’t read all of them, some may be OK.

J. Scott Scheel is not on the list, so I sent Mr. Reed an email asking him if he knew anything about him. I doubt I’ll get a reply, but it’s worth a try. Another of his links is a BS Artist Checklist: www.johntreed.com/BSchecklist.html

Reading this really got me thinking that I’d been had. I called the number on the receipt for the seminar (216-731-8616). I told the person that I wanted to cancel my order. She said she was not the person to do this and put me on hold for a couple of minutes to get a hold of Holly Moser.

Well, Holly Moser was not available. I gave the receptionist my number and asked for Ms. Moser to call me back. An hour and a half later I called again. I got a different receptionist. I asked to speak with Holly Moser and she said that she, the receptionist, didn’t work for Scheel’s company but was an answering service. I left the same message with her and still no phone call. I’m in California and the answering service and Scheel’s company are in Ohio, which is three hours ahead. It’s nearly noon there now and no call.

Here are some thoughts I now have:

Scott said in the seminar that if I am not 100% satisfied after the first day that he would refund me 100%, pay for one day of my hotel stay and for my flight home. I’d like to have that in writing.

I’d like to know what percent of all his boot camp graduates actually succeeded within a year of learning his method. Since he promises free advice for 90 days (or 1 year for the first 10 to sign up), he should have a pretty good idea.

I want proof of his own success: specifically addresses of properties that he has owned and currently owns. Also, how about some details about transactions that didn’t work out. And what is the percentage of failed to successful? He does admit that he has made mistakes, but then goes on with the spiel. That statement may be a CYA note for future irate customers.

The fact that Holly Moser hasn’t yet returned my call is making things really smell bad. I’ll try again in a bit. Otherwise, I’ll have to cancel the charge on my credit card.

I went to Scheel’s home page and used the Contact Us link to send them a letter explaining why I wanted to cancel my order. Maybe I’m to impatient, but I would like a reply. This is a significant request.

I also got an email from the LearningAnnex asking for my opinion of the lecture. I told them a good portion of what I’ve written above. I had initially had serious doubts about the LearningAnnex because it offers classes like parapsychology and other New Age BS. But I also noticed they were offering a lecture by Kiyosaki as well as a lecture of a bunch of R.E. gurus, including Kiyosaki and Scheel.

In fact, the free Scheel lecture was given because of an overflow crowd or some such so he could not present. I now seriously doubt that the LearningAnnex gives a hoot about the credentials of their guest speakers. They certainly didn’t do a background check on Kiyosaki. I doubt that they will care about my reply, either.

Finally, I find it odd that no one has responded to the initial query and given any insight into his “Boot Camp.” Maybe they’re too embarrassed. If so, I hope at least one of the “graduates” will share his or her experience to help others avoid a costly mistake if it does turn out to be bogus. That would be a great service to many people.

Re: Anyone know about Scott Scheel? - Posted by Candace

Posted by Candace on October 02, 2004 at 16:22:31:

Hi there,
I am also interested in hearing from anyone who has attended Scott’s 3 Day Academy Boot Camp on Commercial Real Estate. Anyone have first hand experience with this program? Thanks, Candace

Analysis of Kiyosaki - Posted by Larry Davis

Posted by Larry Davis on November 14, 2005 at 15:44:19:

I take exception to the analysis of Kiyosaki. I read Mr. Reed’s report. He sounds like a bitter old man. As far as the email about the kid not going to college because of what Kiyosaki said, that is his OWN stupidity. In many ways, what he says about school is correct. They DON’T teach about financial intelligence. I have read almost all of Kiyosaki’s books and, as with any author, you have to analyze what is said IN REGARDS TO YOUR OWN SITUATION! I have been very successful in business and find Kiyosaki to be extremely intelligent. Take the information and be SMART about how it applys to your life. I have bought and sold several pieces of real estate and what he says is absolutely correct.