What happened to Carlton Sheets?
Remember that guy? He was on TV all the time. He talked about buying houses and making a fortune. He never talked about tenants, repairs, evictions, problems, etc. I wonder what happened to him. I know that Tom Vu went to prison and now plays poker. Dave DelDotto went out like Vin Diesel. That McCorcoran clown went to prison. Those guru sideshows used to crack me up. How about Armando Montelongo? Haven't heard his name in years. I get emails all the time from Than Merril peddling his crap.
Good times.....
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Well, I'll give credit to Carlton Sheets for one thing: he inspired lots of people to get involved in real estate investing, even if his stuff was bs. I was among them. I bought his course, started it, said "That's crap, it will never work" but went out and educated myself on buy and hold because I was bitten by the bug.
Armando Montelongo must be alive and well and selling lots of mentorship programs, because I have two current customers doing deals as a result of his programs. They are thin deals, but ok for a first deal. One of them found me here on BP and his project is coming along nicely, looking good.
As for Than Merrill and Paul Esajian, I have a great deal of respect for them, actually, and know them both from multiple points of contact. Yes, they are selling courses, bootcamps, mentorship programs, etc, but I consider them to be among the best of the guru's, and I work with a number of investors who are in their mastery program. I don't like the hard sell, but their stuff is good. Of course real life is never like the seminar, but I think they do the best in preparing the students for reality. Out of the guru's that is.
He was a guru before many knew that term as it related to business and coaching. I hadn't realized he had passed. RIP Carlton <3
https://www.legacy.com/obituar...
I don't recall which of the free REI seminars it was but one of them gave away 1/2 acre plots of land in New Mexico when you answered a question right or something like that. I still own that land today (25-30 yrs later?). I get letters from investors each year or two asking if I'm interested in selling it for a range of between $500 - $1,000. I called the assessor's office and they tell me it's in the middle of a desert with tumbleweeds rolling through but my name is on an actual deed and I pay $1 taxes every year :). I had already purchased three (personal residences) at about 30 yrs old but didn't actually start investing until several years later, intrigued by what I heard in the seminar and encouraged by the 'easy acquisition of land'.
