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Re: Those that do do, those that cannot teach

Posted by AquariusDawnCA on June 01, 2009 at 8:54 AM

In Reply to: Those that do do, those that cannot teach posted by Tom on June 01, 2009 at 7:48 AM

Thanks, Tom. But I would hesitate to agree that:
'Those that do, do; those that cannot teach.'
As a matter of fact there is a guy on Reed's site that posted
regarding an individual that Reed opined on, he went on to agree
with Reed's analysis, that this "guru" was okay and then what
I found intriguing was how this gent went on to explain his
experience in the RE arena, (let me see if I can cut/paste it
here for you, for a better understanding of where I am coming
from)(BRB,LOL)....here it is off of johntreed.com Al Seastrand was a bit of a surprise. I knew him when he was a Broker and Termite Inspector. When we last had any contact, I recall that he was going for a contractors license and studying law. I did a few deals with some of the people who worked in his office. I'm glad to hear Al is on your "Approved" list. My memories of him are good.

And me? I made pretty good money putting on a couple of foreclosure seminars with a guy named Jim Harris but I didn't like public speaking and wasn't very successful selling my book by direct mail. I also wasn't well suited to being a property manager or a foreclosure vulture even though I made some money at it. I saved a few bucks and decided to do something that I enjoyed. I quit doing real estate before I turned 30 & became a commercial fisherman. I liked fishing even though I didn't make much money at it. In the end, it wasn't a good career for a guy who had finally decided he wanted a family so I "retired" from fishing.

Now, I have a kayak shop in Noyo Harbor (Fort Bragg, CA.) I am happily married to a wonderful woman, I have a fantastic seven year old daughter. We own our home (free and clear) and rent out on my wife's former home in Oakland. We invest our retirement money in (Index) Mutual Funds. I occasionally make offers on real estate but so far, haven't managed to put any deals together.

Thanks for putting together your web site.

Best Wishes,
Dave Martin

Some folks just aren't into the grind, doesn't mean that they
cannot do it or that they would not be able to teach others to
do it. Yes, the "GURU" should have qualified experience, and
yes, the "guru" should be up to day on the business, and finally
yes, they should charge according to value! Currently buying &
selling should not be an indication of a "guru's) capability or
qualification to teach or toss them into the waste basket of "can't
do, since not currently doing, so now go teach." I could imagine
some ethical, sincere "gurus" out there who already "made it", they
are tired of the grind, not ready for the rocking chair, live a
conservative lifestyle and prefer to HELP OTHERS! I know that
this is a novel idea, but.... just maybe there is a Santa Claus?
I know that I would fall into that category. When I had my game
together, I use to share all my experience for FREE, why? Well,
that is what nice people do, when they have accomplished their
financial goals and have the TIME! Now if you need the money
and do not have the time, then you charge accordingly, but to
financially rape people is very naughty to say the least! Sorry if
I go on and on. I do appreciate your feedback. Thanks!


: I've never met him, but I don't find John Reed abhorrent as some people. He's probably more principled than 90% of the people in the RE investment community. This is an industry where sharks will eat you alive and many are ethically challenged. I personally think you could do a lot worse than using John's recommendations to eliminate those you are considering investing in their training materials/courses. You'd probably be right about 90+% of the time.

: Let's face it, there are numerous "real estate gurus" and those that market their products who are in the training component of the industry only to make a buck, have little to offer, and their prey is the neophyte who has no idea what value the guru might bring to the table. This is not limited to the RE industry, but virtually every profession that there is. Ninety percent of the people who read, listen, or attend their books/tapes/CDs/seminars will never pursue the topic further and the gurus know it. I'd venture to say that 90%+ of the material available is not worth your time or money. The problem is that the neophyte has no way of knowing which are the useless ones and the few that are worth their time and money. That's not to say you shouldn't invest in training. Like everything else in the profession you must be very careful how & where you allocate your human and financial resources.



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