BiggerPockets

I have his DVD blueprint course and I'm looking to get his full course.

James -
Does that mean you think the materials are worth a look?

Tell us about the DVD.

Hi! I've got the full course. I think it is a great investment.

I'm on DVD #6 right now where they go over how to use title companies to get loads of leads.

DVD #5 had a lot of great marketing ideas for filling vacancies on the MLO deals you do.

On another there was a live prospecting call on a students' MLO deal which was very interesting.

The others were a very good introduction to the MLO and JVF strategies as well as financing and exit strategies.

All in all, I think it is a great course.

Hope this helps and have a great day!
Mark

Mark - Can you see how some might interpret your recommendations as being hard to follow because by promoting this course you're also profiting from it? That's why we don't allow affiliates to post any kind of links to the services they affiliate for on the forum - to keep people on the real....

Points taken.

I've removed the reference.

Have a great day!
Mark

I have his DVD blueprint course and I'm looking to get his full course.

James, think twice before spending your hard earned cash on this. Do your DD first on Jason Gilbert and his program.

I am a strong believer in education and products/books/etc. but I am very skeptic about gurus like Gilbert and the ploys they use.
Could there be great info in the program - perhaps.
I understand there is a lot of contracts in the book as well, but in my experience, contracts from gurus are not applicable for all deals and all states, are very generic and contracts of this nature should be drawn up by your attorney, not some generic one you bought from a guru.

One other thing that I am willing to bet is not in the program!
How about answers to questions such as what if the owner in a MLO deal acquires an additional lien on the property such as a tax lien or what if he/she does not pay the mortgage, or what if he/she dies, or how to address capital improvements?
ANyone who has the course, can you answer these questions from the course? :roll:

Sorry to bust your bubble, guys but being in the business of commerial real estate myself I can tell you that Jason's strategies sound good in the seminar hall and on your CD player but won't work in the real world.

No need to apologize Karen! Call it as you see it!
I would argue that MLO and JVF does work in the real world, but I am not sure exactly what is in Jason's program so I can't comment on if his teachings work in the real world. What I do know is that you can negotiate a MLO with a commercial property owner and you can facilitate a JV deal between a land owner and a developer. No idea if Jason gives exact deatils on how to properly find and structure these deals or not, but I would venture to GUESS that he is just like all the other gurus out there - flashy concepts, empty motivations and pormises, and in some cases out right lies.

Does anyone have any experience buying multi family commercial properties using AITD's? I know of a young guy down in Vegas (read about him) doing this and he is doing very well and seems to be aquiring buildings fairly quickly like this. How does this work and is the all inclusive trust deed method applicable in the "real world" of commercial RE? Thanks for any insight.

I just listened to his webinar and from my experience in real estate and the school of hard knocks of over 75 deals there is a major problem with some of the property types (IE, senior housing, storage, mobile home parks):

1. Yeah you can get into these types of properties and even apartment buildings if you find the right seller, and get in for no money down, it takes a lot of marketing to find them but that not a big deal. The big deal is what happens when 1,2,3 or more people do not pay for the month and you have to come out of pocket to pay the seller and have to possibly pay to evict the renter?

2. Yeah Jason says you can just walk away... however if you want to be black balled and possibly screw over a seller then go ahead. However word travels fast in these markets and it is not good business.

So however this would work if you had a 4-6 month reserve account just in case while you are increase rent or occupancy that you can cover any expenses that may come up, because people WILL move out, people WILL be late. Anyone that has done deals knows that without a reserve account that you are just wishful thinking and sooner or later you will get burned.

Being highly leveraged is one thing, but being highly leveraged with no money is an accident waiting to happen. This same thought process lead a lot of small investors to foreclosure, because when they got 100% investment loans and then 6 months later they had to evict a renter and turn the unit that was not demolished, along with 2-3 months of rent found themselves broke right away upfront.

Remember plan for the worst and hope for the best. Reserve account is one of the most important lesson.

I am not trying to get down on Jason and his system, I really love creative ways to buy, however from experiance in smaller deals and moving into apartment buildings is that what I have seen so far and from his webinar not his full course, that it will work for some and will not work for others and if you are ok with building yourself up a bad name for getting deals under contract and walking away or not paying the bills then go ahead.

However I could see this working if you were planning to quickly flip the property limiting you exposure to a month or two while another buyer cashes the seller out.

Happy investing!

Well I can tell you that Jason's support is not good at all. I bought his course and live training. Still no updates on when the next live trainings are going to be held and it's been months..