Re: SELLERS MARKET - Posted by Matt B
Posted by Matt B on July 23, 2001 at 08:23:54:
Well, Bill, I’m sorry if “this program” doesn’t work well for you in some areas, but if you’re referring to the Carlton Sheets’ course, I do not use it and have never actually read it. Perhaps that’s why I get so many deals. I do not try to buy expensive properties, get a mortgage and hold onto them, hoping to make some money at some point.
What I do are sandwich lease options that allow me to control a property without owning it. And I know that they can be done in all the “hot” markets out there because every time I go to a “hot” market, deals start appearing. I have been doing a lot of traveling lately, working with a lot of people to help them get started doing these types of deals and get e-mails almost every day from someone I’ve helped, talking about a deal they just signed.
Believe me, I am trying to steer newbies right, Bill. I am told by many people that I help that they get ready to go, then are scared by a post by someone like you, claiming that these deals are too hard or too scarce to find. They get very discouraged until I show up. Perhaps I’m too naive to realize that there are some places where doing these types of deals just won’t work. In your defense, I have not been to every single city in America yet, so there may indeed be a place where this doesn’t work.
If you are relying on finding cheap properties, getting a mortgage on them, then renting them out, I can see how it would be difficult to see that creative deals can be done anywhere. I see nothing all that creative about qualifying for a mortgage and becoming a landlord though.
One final little word of advice, Bill. I am not saying this to be sarcastic or mean. Heck, Bill, I don’t even know you, but what you wrote kind of got to me. Any way, before you post something about what someone here has said, disagreeing with them, you may want to do a little investigating. Do an archive search. You may notice that I have a little bit of experience in this area. I’m not "BS"ing anyone when I tell them I can do my creative deals just about anywhere. You would also notice after a little digging that I never mention using Carlton Sheets’ methods. If you use them with success, then good for you. I don’t ever argue with someone who is having success at what they do. You’ve found your niche and you are making it work. However, at the same time, since I have never even seen the Sheets’ material, I am not going to post to someone, telling them what can or cannot be done with it.