John T. Reed’s real estate investment blog

My guru-rating Web page is for two groups of people: Intelligent, rational, open-minded investors and prospective investors News media It is not for: Ignorant, dishonest, gullible, true believers In 1956, when he was running for president for the second time, one of Democrat Adlai Stevenson’s supporters told him, “You have the support of every thinking person.” “That’s not enough,” he said. “I need a majority.” I know exactly how he felt. Unfortunately, the ignorant, dishonest, gullible, true believer group is the majority. These people believe fervently in one guru or another and are outraged at any criticism of him, no...

Videos of John T. Reed These clips are from 3 speeches I gave in 2009. I have several clips relating to my book, Succeeding. There are also various clips and sound bites representing my basic approach to real estate investment and how my approach differs immensly from other people's real estate investment approaches. You can see more info on Best Practices for the Intelligent Real Estate Investor and my other books here. Many of the clips are applicable to multiple subjects and books, so some clips may appear in multiple videos.   Succeeding: Don't be a weed Succeeding: Reject "Little...

A number of people have dismissed my criticism of Robert Kiyosaki as being motivated by jealousy and therefore meritless. Actually, that’s irrelevant. My criticisms should be judged on their truthfulness. See my article on intellectually dishonest debate tactics. But I’ll address the jealousy issue for the lower-IQ crowd who don’t get logic. Exactly what is it that I would be jealous of regarding Kiyosaki? It seems to me that our lives are quite similar—and to the extent that they differ—it would appear that he should envy me in at least as many categories as I should envy him. Here’s a...

Selected responses to John T. Reed’s analysis of Rich Dad, Poor Dad by Robert Kiyosaki They give you a flavor of the type of person who makes Kiyosaki a best-selling author compared to the kind who buy my books. John T. Reed. Hey Mr. Reed, I just wanted to thank you for your amazing work on your website on debunking the lies of Robert Kiyosaki. Like, you literally don't know how much your article has helped me. I'm a 20 year old college student, and after reading RDPD, I lost all my ambition for school. I had a high GPA,...

Analysis of Bill Gatten’s PACTRUST by John T. Reed Real estate guru Bill Gatten has an approach he calls a PACTrust. I attended a presentation where he described it at a free seminar. He says the PACTrust lets you: ignore due-on-sale clauses buy for nothing down avoid credit checks have “bulletproof” asset protection get all the benefits of wraps, land contracts, lease options, and equity sharing without the disadvantages of those financing techniques protects seller from buyer default simplifies closing eliminates management eliminates maintenance has no credit risk For starters, this violates the too-good-to-be-true rule. As a matter of fact,...