Re: I don’t believe you! - Posted by Brad Crouch
Posted by Brad Crouch on April 18, 2006 at 19:27:24:
Hello David,
> Believe what you want!
> My name is David Henderson, I live in Salt Lake City. I use the
> handle Innovator because that is what I do (I guess I could use the
> handle Dealmaker). I have never posted on CRE with any other
> handle.
Well, I guess I was wrong about you being bill gatten. I could of sworn
. . .
> The reason I have a tendency to “slam” you is because you started it.
> Everytime I would post anything about land trusts and their benefits
> you “bad mouthed” what I had to say and called me “one of those Pac
> Trust guys” as if I was “one of those dummies” that didn’t know what
> he was talking about. I don’t even use the PAC Trust. The NEHTrust
> is such a marvelous tool that it is my tool of choice.
Before I go any further, I’d like to let you know that I am a big fan of
using land trusts. I can think of no reason NOT to use them, unless
you’re going to hold a property for less than 6 months. And
sometimes it is better to use them even then, depending on the
method of conveyance desired. It is definitely cheaper (if you care, in a
given instance) to assign beneficial interest than to pay (or have
someone pay) for new loan fees.
I AM sorry that I made you feel this was something personal. I don’t
even know you, so I assure you it wasn’t personal. My beef is not with
you, but bill gatten. To tell the truth, I am not “totally” against the
PACTrust (apparently now modified and known as the NEHTrust),
although I DO have some reservations about the legality of some of the
methods used. I DO find it annoying that you are continually talking
about a “properly structured” land trust as though the only way a
“properly structured” land trust can be used is to adopt the methods of
NARS.
Take Disneyland for example . . . do you want to be the one who tells
them they don’t have a “properly structured” land trust? You know, the
Disneyland that holds millions of dollars worth of real state? They have
successfully held that property for many years now. That land trust
was created before NARS was even thought of. Just an educated guess,
but I would think they have a “properly structured” land trust.
I think that you have bought into SOME stuff, simply because that’s
what was taught. Which speaks directly to my point that everything
that is taught, is not ALWAYS right.
I realize that you and your buddy (Lease Purchase) think that you know
gatten pretty well, but I’m afraid you don’t know him as well as you
think you do. I know him much better. I was one of the original
students after bill decided to drop the classes for real estate agents
and “go for” the investors. Which was long before the National
Marketing campaign began. In those days, all we had was the
PACTrust and it was only local . . . and I was one of the most
enthusiastic and loudest voices present. I went to no less than a dozen
of bill’s seminars and was one of the primary sources for PACTrust
information.
In fact there was a time when bill referred to me as “his very good
friend”.
I am the first one to give respect to someone who exhibits integrity,
but that respect quickly dies if and when I am presented with evidence
to the contrary.
When I first became disillusioned with bill gatten, I threw out all the
materials I had pertaining to the PACTrust and Cal Equity (now known
as NARS), and told anyone who asked that I was no longer associated
with the organization . . . and no more than that. But bill wanted more!
He wanted me to continue recommending his product, and failing that,
he wanted me to stop posting about land trusts. Of course I refused. I
also refuse to EVER do business with either bill or his company. I only
do business with people I trust.
He began bothering me with private e-mail, and I finally had to create
a “twit list” to screen and reject his e-mails. Then he began attacking
me on the newsgroups. I finally gave him a choice of leaving me alone
(and I would continue to keep my silence), or he could continue and I
would be relentless in my attempt to expose him. He chose to keep on
with his personal attacks, so I have made it my mission in life to show
folks that everything is not ALWAYS as they may appear. So actually,
bill has brought this all on, himself. I believe it’s called “ego”.
There is much more to this that what I have written about here, but the
rest is more appropriate for a one-on-one conversation, than it is for
this note.
> I’m willing to call a truce if you are. You keep bad mouthing me and
> my program and I’ll continue to return fire!
This is O.K. with me . . . I will make the distinction in any future posts I
may make, that YOU are not the “bad guy” but you have to understand
that I am not abandoning my mission with regard to bill gatten or his
products (your program).
I believe bill gatten is a slime ball . . . and if that offends you, I’m sorry.
But that’s the way it is. Although it may be commendable if he
currently displays the illusion of truth, honesty and integrity, he is still
the same guy who’s currently “in charge” as before, in the “PACTrust
only” days. Lessons that may have been learned do not indicate a
“cure”.
Take care David,
Brad
P.S. In the spirit of attempting to make a helpful suggestion, I have
something to add: David, you have GOT to find a way to stop taking
this stuff “personally”. While you’re reading material that you normally
take personally, just tell yourself, “This a$$ hole would be saying the
same thing to ANYBODY in my position, and it really doesn’t matter
that’s it just happens to be me, at the moment”. Guess how I learned
that?