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John Beck

John Beck

Once upon a time there was an infomercial on TV spouting off about buying tax delinquent homes at 1-2 cents on a dollar.

This progam was called "John Beck's Free & Clear Real Estate System"

In the program, he claims you can get wealthy off the people who can't make their payments. This sounds good in theory and you can't help but to be amazed at all the homes he keeps showing on the TV screen that he's bought for less than three hundred bucks.

What he may not be telling you is that getting a home for less than three hundred dollars is extremely rare. It's like if a gold miner came on TV and showed you his golf ball sized gold nuggets and told you how easy it is to find those giant gold nuggets.

You probably know enough about how hard it is to find gold nuggets to know that a gold prospector is lucky if he or she finds one in his lifetime. I think you get my point that finding a house for that's listed at about the price of a vacuum cleaner is not likely to happen to you.

 Beck is not telling you that he's one of the very few people in our whole country that has been able to make a living doing this. Then of course, you must ask yourself if it works so well, why isn't he still doing it? Now he sells books and courses on how to do it. Does that mean you can make more money if you started selling other people books and courses than in this real estate system?

To me, this one is no better than the Carleton Sheets program. I've tried them both and John Becks "Free and Clear" system is even more difficult than Carleton Sheets program in my opinion. When I was testing out John Beck's system I ended up down at a local court house where a list of properties in foreclosure were being read off.

Yes, they sounded cheap like Beck says on the paper. But they weren't listed for ridiculously low prices like Beck says. They weren't listed for two hundred bucks. But they did still appear to be a good deal at a an average list price of about $14,000.00. That still sounded good to me and I was still thinking Beck was right until the bidding started.

Everything on that paper got jacked all the way up to over a hundred thousand dollars. And these homes weren't pretty homes like Beck painted a piture on TV. No, the one's I saw were dumpy, run down, welfare looking homes that had a nasty smell in them.

 I went away very dissapointed that day and realized that John Beck's Free and Clear system wasn't going to work as easily as he said it would.

It's not just me either. I have several friends and business aquaintances in the real estate business who've tried John Beck's program and all have had the same poor results I experienced. Everyone I know agreems that Beck's infomercial is not the reality you're likely to experience when you go try this.

He's painting a pie in the sky picture of roses on TV that I don't believe exists in our realestate market anymore. This probably worked for him and a few others back in the 1970s but I'd like to see him show proof of the dates of purchase on those homes he shows.

I know you'll never see beck tell you what year he bought those because his infomerical wouldn't sound so exciting if you knew how long ago he found those one-in-a-million deals. From time-to-time I still look in the places Beck suggests, and over the last ten years of looking, I've still never found a single property listed at even close to the prices he's bragging about on TV.

My personal belief is that you'll never make a dime doing what John Beck teaches. I know many other business people that have the same opinion on this and we all laugh everytime we see another one of Beck's infomercials show up on TV. Obviously I don't recommend John Beck, his courses, or any of his teachings.

John Beck

 
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