19Apr
Interesting web site on TV real estate hucksters
Posted by JimI read an interesting article in New York Timesbusiness section concerning the fate on one Carlton Sheets, the one-time king of the real estate infomerical world. His stock in trade was the no-downpayment path to riches, hardly novel but his saturation of cable was unprecented. As you might imagine, his stock is low these days has both the idea of owning investment real estate and leverage are in disgrace.
In the article, there was a reference to a great debunker of the modern day snake oil salesman, his name is John Reed and you may be amused at his BS detector at http://www.johntreed.com/BSchecklist.html.
