Is Carleton Sheets' infomercial 100% truthful? - Posted by Jonathan Boone

Posted by steve on August 12, 2001 at 20:50:38:

I’m new to this site. Can you tell me what IMHO means?

Is Carleton Sheets’ infomercial 100% truthful? - Posted by Jonathan Boone

Posted by Jonathan Boone on July 30, 2001 at 24:41:29:

His infomerical says…(among other things),…that you can do this successfully in your “spare time”. “You don’t have to quite your full time until YOU are ready to!” Can this really be done part time? My hunch is, like any other business, the more you put into it, the more you get out of it.

And what about getting cash back at closing? Is that really common, or does it just happen in the top 5% of transactions?

The one thing that amazes me about Sheets is his longevity. If it was a 100% pure scam like Don Lapre or William J McCorkle, he’d have been off the air for years now. I wonder how many courses he would sell if he said the following: “The students you’re about to see are in the top 2% of everyone. If you work really hard, are persistent, have a positive attitude and stay focused,…you can be here too,”

Re: Is Carleton Sheets’ infomercial 100% truthful? - Posted by Jamie

Posted by Jamie on July 30, 2001 at 09:38:29:

My sister and I bought his course about 4 years ago. After listening to it - it’s a long course - we scouted the city and papers for the right deal. We never really found anything and finally gave up. It was a really tough time for buyers in the Denver area at the time. Homes were jumping out of buyers hands at outrageous prices. Anyway, my sister works for a man who came here from Turkey 14 years ago. The typical immigrant story; only .87 cents in his pocket and now he’s a multi-millionare. But…this is a true story. he followed the Carlton Sheets program. He said it works, if you follow it. He has listened to other real estate courses and is skeptical of most, but he is a strong believer in C.S. So needless to say, I’m going to pull out the old tapes, and give it another go. With the new bankruptcy laws, I’m willing to bet that foreclosures will be falling out of the sky soon. Good luck.

Re: Is Carleton Sheets’ infomercial 100% truthful? - Posted by Kim

Posted by Kim on July 30, 2001 at 11:26:44:

As with any program there is some decent information in the CS program. However, IMHO it is somewhat outdated for today’s market. If someone already has the course materials by all means use them for whatever you can get out of them.

Anyone who purchases the materials now becomes a target for what is called after market sales. This means someone will call you at home and offer the “opportunity to invest in your future” the Sheets way. You will be given the opportunity to enroll in the Personal Coaching program for a fee.

I did just that and it is definitly HYPE HYPE HYPE. The course materials are a rehash of the infomercial package with the addition of homework materials on steroids that are amaturish at best. They also place a very high emphasis on what assets you do have, for eg. credit cards and the limits for use in purchasing property. If this course is a NO MONEY DOWN use none of your own money why would they emphasize this.

The reports I have gotten from several people is that the Sheets machine used that information to place additional UNAUTHORIZED charges on their credit cards and debit cards. This resulted in folks having to spend time disputing the charges and while some were successful, some were not and the Sheets machine robbed them of their money.

Exercise caution, check out the postings here, type in Sheets coaching, check out their rating at the Better Business Bureau site, then decide for yourself.

Caveat Emptor Let the buyer beware!