Re: Carleton Sheets Home Study Course - Posted by Gordon
Posted by Gordon on November 23, 1998 at 23:46:49:
This is in regards to your concerns regarding Carleton Sheet’s home study course. My wife and I purchased the course back in May of this year. We purchased our first rental property in July (we were a little slow to the draw), a no down deal from the owner, without a real estate agent. We borrowed $2,500 for a down payment and assumed the loan without qualifying. It took us one month to fix-up the property and rent it. We have great tenants, in fact our phone was ringing off the hook with prospective tenants. We did a great job cleaning the place up, so it was easy to get the rent we were asking for. Our tenants pay us by or before the first of every month (make sure to run a credit check on applicants you are seriously considering renting to). Not only did we purchase this home with no money down, we have $20,000 of equity in the property; more than enough to take out a 2nd mortgage or equity loan to purchase another home.
We are now in the process of purchasing our second rental home. We put in a bid on a VA foreclosure this time and will know the results by tommorrow or Wednesday at the latest. If we get the house then we will have approximately $ 30,000 equity, maybe $35,000, in this home after we fix it up. I am focusing on deals in which I can obtain instant equity of at least $15,000 to $20,000. And believe me, there are plenty out there.
We are very excited and enthusiastic about this course and all of the opportunities within our reach!
If we only had this info sooner!!! This course contains all of the information that you need to begin investing in real estate. Some of the best advice Carleton has given to me is to meet real estate agents who can help you. We found one agent in particular who has done the same thing we are doing (of course she is older with plenty of experience and she is now a millionaire!) and she told us that she would act as our mentor. The information in this course has given me the confidence that I needed to begin this exciting part of my life. I feel that I now have the tools that I need to succeed! Like Carleton says: If at first you don’t succeed, try, try, try again, don’t give up, persist, persist, persist. That is the only way to overcome those feelings of dispair (and believe me, you will have them).
Sorry for the long letter, just had a lot of things I thought were important to share, and I am excited about my future, I have BIG goals.
Good Luck Tim, (What have you got to lose!)
P.S. I know a lot of people probably think that letters like this might be from someone at Carleton Sheet’s office, but, I am a real person, not affiliated in any way with his business. Dare to dream, and you can make your wishes come true.