Re: Which book should I buy? - Posted by Tony Colella
Posted by Tony Colella on May 17, 2007 at 09:08:15:
Maybe I am missing something but this whole thing looks like a hoax just to drum up attention.
The original “AD” asks a simple question of which book of Lonnie’s he should buy. Although these books teach a great deal about the mobile home business, they are not designed to teach someone how to buy a mobile home park, although they would certainly provide a great deal of info on how to improve one.
The second “AD” has a different email address and tone. This AD writes that he has now read one of Lonnie’s books and found it unworthy of his $30 spent.
I suspect he has never tried such an idea himself as Lonnie teaches but appears to believe that reading about and doing are one in the same, a very dangerous conclusion in my opinion.
The original “AD” then asks for a simple, cheap due diligence checklist. Lonnie’s books do not provide a due diligence check list because a mobile home park purchases are not there subject.
There are due diligence checklist available online and some are as only as good as they are cheap. Others are very thorough, providing detailed line items that without the context behind them one could easily err. Thus the reason to read the book and not the cliff notes.
Preparing oneself as cheaply as possible to enter a venture they have never before attempted is suicide and in many cases a terrible new investor?s mistake. We would not learn to drive from a manual. We would not want a cheap instruction manual for our heart surgeon. Why would we risk our life money on cheap instructions?
I learned long ago that I want to learn from the experiences of those who have been successful in what I wish to do. I want to know the trials and errors they made along the way so that I do not have to learn them through my own errors, or at least I can try and avoid many of them (I still do learn the hard way in many cases unfortunately).
I have never, ever liked learning from some self proclaimed expert who feels confident in their opinions based solely on their readings of others true work and experiences. Reminds me of the scene in a movie where a character hires the author of the book to write a paper about the book. The character gets hammered by the ?professor? for not knowing a thing about the author or what the author was trying to say when he wrote the book.
I have also had enough people experiences in my life to know that what one tells me they would do in the line of fire and what they actually do when faced with challenge are quite and distinctively different.
I don’t know who the real “AD” is here or what his motivations are but attention does seem to be the motivating factor otherwise such comments about Lonnie’s material that so many of us credit for our financial independence, would have gone un-written.
Did he truly seek advice or a fight? Did his posts change from an honest question about a book he never read to suddenly claiming to have read it and found it wanting?
If AD you are genuine somewhere in this string of multi-personality, let me just say that I learned long ago that we cannot help anyone who either won’t listen, doesn’t want our help or worst of all, thinks they know everything already and have made up their mind before ever beginning. Honestly, it?s like talking to a 15 year old.