Carleton Sheets – Biography of a Real Estate Investment Educator
Breaking into the real estate market is no easy task, but with the help of Carleton H. Sheets, it can be a whole lot easier. Best-selling author of No Down Payment, Sheets allows the public to benefit from his expertise in making millions in real estate. His home study course with no down payment has been successful for decades and he continues to provide educational opportunities to the public through his home study courses and online learning.
Carleton Sheets was born in Illinois, where he lived for several years with his parents and younger brother before moving to Ohio. He went to college and graduated and eventually got married and had two children. During his career he has moved throughout the United States with his various positions within the workforce. He has lived in Illinois, Ohio, California, Georgia, North Carolina, and Florida.
His entrepreneurial spirit began as a child when he took the initiative to mow lawns and deliver newspapers around the neighborhood for extra money. He borrowed money from his parents to start their businesses which he paid for as he earned money. When he was ready to join the corporate world, he took a position at Armstrong Cork and then at Lykes Pasco, where he was fired for not having enough experience.
So he decided to venture into the world of real estate where he had a rocky start. Having obtained the real estate license from him, he attempted to sell commercial property starting with an apartment building. This was unsuccessful as the building needed some work. Carleton took this as a sign and used his contacts to broker a partnership to buy the building himself. Carleton had his associates put up all the money while he took the lead in setting up the deal and coordinating it. A year and a half later, the building was sold at a profit that was divided into three parts.
After five years of similar investment opportunities with and without partners, Carleton’s status as a successful real estate investor skyrocketed. He now owned nearly five hundred rental units. He earned a reputation for finding lucrative businesses, building creative financial procedures, rehabilitating properties, and selling them at a profit.
The more successful he was, the more he wanted to give back to the community and allow others to benefit from his expertise. He has authored and co-authored courses for both the National Association of Realtors and the Institute of Real Estate Securities and Syndication. He also taught real estate investment strategies to the local community.
In 1984, No Money Down was born. By partnering with the Professional Education Institute, or PEI, Carlton Sheets began a campaign to market his program to the masses. He hit the speaking circuit, was invited to a variety of television and radio talk shows, appeared in magazines, and had the longest-running infomercial in history. Today, he is semi-retired but still continues to invest and write. He recently modified his courses to adapt to the Internet as a means for millions to access and learn from his real estate knowledge, all at no cost.