
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.

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