John T. Reed’s Views of Various Real Estate Investment Gurus

You wake up in the middle of the night – unable to fall back to sleep, so you start flipping through the channels. Undoubtedly, you will come across a station – where a nicely dressed person in an exotic location is telling how rich he or she became selling real estate.  Then you hear testimony after testimony from people stating how they too became rich by following the gurus advice.  Depending on how your day was at work – you start contemplating calling and giving it a shot.  I remember in the late 80’s, I almost signed up for Robert Allen’s no-money down seminar.  However, a friend who had attended it in the past talked me out of it.  He saved me a few bucks, because then – like now real estate was in a recession.

John T. Reed reviews all of gurus past and present including Robert Allen, Wade Cook, Robert Kiyosaki, Carleton Sheets, Donald Trump and many more.

It pained me to read his review of Robert Kiyosaki.  After reading his quite elaborate review, I was almost embarrassed to say that I learned anything from Kiyosaki’s book “Rich Dad Poor Dad.”  I did read it in the 98-99 timeframe.  So, maybe I was very impressionable at that time.  I did agree that most of Kiyosaki’s subsequent books were simply rehashes of “Rich Dad Poor Dad” and its follow up “Cash Flow Quadrant.”  I have Kiyosaki’s latest book that he co-authored with Trump, but I still haven’t made it pass the first couple of pages yet.  Regardless of Reed’s opinion, I still enjoyed “Rich Dad Poor Dad.”  However, if I ever met Reed – I would keep that information to myself.

Take a look at his reviews of the Gurus.  You will never view those infomercials in the same light again.

Real Estate Investment Gurus Review

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  • Mike,
    I took the several hours it takes to read through Reed’s “downplay” of Kiyosaki. I happen to be a fan of Kiyosaki, and I don’t care who knows it;)

    The problem I really have with Mr. Reed, as successful as he may or may not be, is that he tells us basically to take all these “gurus” with a grain of salt. I choose to take him, as well as with all the “gurus” with a grain of salt.

    I don’t know if there really IS a connection or not, but it seems to me that Reed could stand to gain a lot of publicity from bashing these gurus.

    I’m not saying Reed is a good or bad person, because I’ve never read anything of his, other than the page on Kiyosaki. I credit Robert Kiyosaki with igniting my idea that I can be successful in something other than the 9 to 5.

    I would like to meet Kiyosaki, much as I would like to meet Reed, simpyl because I tend to try and use the best information I can get from several sources.

    Bill P

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  • AjS

    The 8 or 9 properties that John T Reed owned in his time doesn’t impress me or make him an expert. The fact that he failed at 2 out of 3 apartment buildigs he said he owned is not the person I want to take advice from. It doesn’t take a genious to put down somebody. All it takes is a computer and fingers. John T Reed bashes Robert Kiyosaki. Robert Kiyosaki teams up with a Billionaire (Donald Trump) to write a Real Estate book. So should we belive the views of a guy who owned 8 (C) properties,or a BILLIONAIRE? Remember success leaves clues. AjS