Brian Gibbons Phone Call
Brooklyn, NY · Member since 2014 · 9 posts · 5 votes
Brian Gibbons Phone Call
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Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
10yMy $.02
Truthfully I don't think most people who are paying someone like Brian or any other coach $7,000 is going to get their "monies worth." Not necessarily because the coaches are saying bad things or misrepresenting what they are selling. Rather, it is the simple fact that there are not many hidden secrets in real estate that are not already out there. Brian or any other coach does not have any secret formula that you could not figure out if you worked hard enough.
I also believe that the majority of people who are not willing to work hard enough to find this information on their own has what it takes to be really successful in the industry.
Honestly the industry is pretty darn simple. If you have money you need to buy things lower than you can sell them for. Or you need to leverage financing and have tenants create long term wealth for you.
If you do not have money you need to create value by working a real estate job such as a Realtor. The name of the game is marketing, marketing, marketing, selling, selling, selling when you are trying to create value. All this other creative hoopla that involves people without any money making money in the industry is IMO bogus. The amount of people making money doing stuff like that is small and those that do were sales and marketing experts who likely etched out their own path. If you become a Realtor you have a lot more options to make money transacting real estate. That job you get mentored but don't typically need to pay for that mentoring.
Lastly
All of my above opinions aside let's go ahead and just assume Brian is the greatest real estate coach in the entire world. How on earth is he supposed to successfully coach Glenn to success with Glenn just chopping him off at the knees like this? Glenn, you voiced your opinion but you need to take a step back and take some responsibility here. You have some accountability in the creation of this toxic relationship as well. If Brian's coaching really does bring others success I feel like you have made that all but impossible with you making this relationship so adversarial.
Sometimes there comes a point in a business relationship where the parties need to end the relationship and go their separate ways. If this is not that point for the two of you, I do not know what is.
42 Replies
- Residential Real Estate Agent · Groveland, FL · Member since 2012 · 504 posts · 395 votes11y
Three posts-each about Brian Gibbons.
Are you advertising Brian Gibbons?
- Investor · Sherman Oaks, CA · Member since 2008 · 6k+ posts · 3k+ votes11y
I'm you thought the 30 minutes was worthwhile.
I hope you find the time valuable.
Best of luck in NYC!
Brian
- Brooklyn, NY · Member since 2014 · 9 posts · 5 votes11y
No I am not advertising Brian Gibbons. Brian offered to talk to me on the phone for 30 minutes in which time he told me about his mentoring program and gave me some advice about my interest in Real Estate Investing. I was simply giving a review of the phone call that I had with Brian.
- Investor · Sherman Oaks, CA · Member since 2008 · 6k+ posts · 3k+ votes11y
Nathan being 25 years old in new York city is an exciting time you want to, go to all the REI the meetings and have a business card with a phone number,meet a lot of people and just ask him what to have a looking for and write on the back of their business card, as the REI a president what can you do to help him or her be a servant to the community and a lot of good things will happen to you, like insurance real estate is all about people in solving problems
- Houston, TX · Member since 2015 · 512 posts · 338 votes10y
@Account Closed this is a pretty vague negative review. Can you explain why you haven't had any return on your investment?
What are you trying to accomplish specifically, what steps have you taken to get there, why hasn't it worked out, and what have you learned from that to improve your process and try again?
- Investor · Katy, TX · Member since 2015 · 32 posts · 19 votes10y
@Account Closed You seem fairly negative of this relationship/service. I'm curious, has the gentleman not delivered as promised or are you feeling a little buyer's remorse? What could be better about the situation (besides you making back the $7K).
- 10yJay HinrichsBusiness MemberReal Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
@Account Closed one minutes you say Brian is providing quality service the next you say you have not got your money's worth.
One thing I have learned in this industry and following paid for mentors and TV guru's is that regardless of how much anyone spends or does not spend.. They can only do so much its up to you to execute and if you can't execute its not the Guru or mentors fault.. Its yours.. there is little to nothing that is new in Real estate and what these folks do is condense it down to give you many different methods scheme's models to pursue.
At this point I really don't think your feedback is credible and or fair to your paid mentor.
I hope it all works out but I have seen this show before very common.. especially on BP were the slant is anti paid training and anyone who does should not as its all free here.
- Professional · Columbus, OH · Member since 2015 · 119 posts · 37 votes10y
The problem with coaching is that you never know what you are getting. I found that most people going to the seminars produced by the big name Guru's have an expectation that there is a magical formula and they will get rich overnight. Most Guru's prey on this with the false promise of "I will teach you everything I know and hence you will become as wealthy and famous as me". Anyone who has ever done a real estate transaction knows this is not the truth, REI is hard and not a short cut to wealth. I blame the coach's/Guru's, even the most well intentioned, as they should vet their clients/students as much as the client/student should be vetting them. If the expectation is overnight wealth then have them move on to someone less ethical that will fleece them.
- Investor · The Colony, TX · Member since 2013 · 283 posts · 205 votes10y
@Account Closed? I have been on BP for sometime now. From what I can tell Brian has a lot of happy students. I might be wrong but I do not remember anyone saying negative things about his training program. In my opinion there are very few people on BP that know as much about creative finance and closing creative real estate deals as Brian does. It would seem that if you got a lead/deal he pretty much has a way or multiple ways to close that deal and make money.
Are the leads just not coming in? If so, then why? How much marketing are you doing?
- 10yJay HinrichsBusiness MemberReal Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
@Account Closed I may not have paid for his training but I have paid for a lot of training over the years actually probably well over 100 thousand dollars worth.. and I have had a pretty nice career based on the paid training I got..
I have first hand knowledge of most in the industry and talk to many folks just like you over the years.. there seems to be this fantasy that one can just buy there way into this business and if it does not work for you ,, which it sounds like its not.. ergo your negative comments regarding Brian.. when in fact it just does not work for most people.. not that your any different than most your probably hitting the norm.. full time job... maybe you don't like what you do .. and you have a fantasy of getting rich and working for yourself in RE.. this fantasy comes true for some.. but the vast majority it does not. and the factors leading to it not working are far more than who you paid to be your mentor. some people just are not cut out for this business.. personality wise.. follow through wise education and intelligence wise. etc...
When I attend the big guru events and I got to 2 to 4 a year as a guest... I look at 300 to 400 people and we know each and everyone of them paid 20 to 30k to be there or per couple.. and yet how many of those are going to make it or even make enough to get their 30k back ... well its all law of averages.. as I sit and look at some and talk to some I see some star's who I think will rise up and grab the brass ring and I see others and talk with others that just have no clue no matter who is training them.. they will fail. but they may be good at their other job and should just stick to that. and maybe save money and buy rental houses like most folks do if they want to get into RE investing
- 10yJay HinrichsBusiness MemberReal Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
@Account Closed I hear what your saying.. and from my attending these events over the years the folks that actually pay the money and get to the big event are pretty happy and feel they have gotten value.. however your spot on about Real Estate Rich's fantasy and its promulgated all over the web including BP
- Investor · Katy, TX · Member since 2015 · 32 posts · 19 votes10y
Originally posted by @Account Closed:
Originally posted by @Louis Kelley:
@Account Closed You seem fairly negative of this relationship/service. I'm curious, has the gentleman not delivered as promised or are you feeling a little buyer's remorse? What could be better about the situation (besides you making back the $7K).
Well Louis, the truth is I am negative. You see, when you spend $7000 on a "coach" you would expect to say that you learned more from him than free videos on youtube... Unfortunately I can not say that.
I don't experience buyers remorse, that's silly. I earn good income and analyze any large purchases before hand. My paying for Brian stems from that. I paid Brian Gibbons (askbriangibbons, REIskills) because of his free information and his roll in this community. Unfortunately my time with my coach has (up-to-now) has been less than stellar. I will and forever be Brians ugly third arm, who knows, I might end up being Brian Gibbons BEST advertisement because I will ONLY speak the truth. If I report back a real return on investment, the people will know.
I plan to follow his every instruction, and as we can all see, I am a man of action. I think a few of the forum members that know me can attest to that.
Well we all experience Buyer's remorse at some point. You've just said yourself that you're learning more from youtube videos. My question would be why didn't you watch the videos before dropping the $7K? The second issue is that if you're concerned about the quality of the information he is providing you why wouldn't you tell the man what you need him to give you (my apologies if you're already explained that your learning curve was x & now its Y). I would think that someone who delivers this type of material to multiple students has a written curriculum that he follows and charts you along that path. If you started with him at a 1st grade level but because of self training are ready for highschool or college, how would he know?
The last question I would have is that if you've advanced and are ready to make it happen, why aren't you closing deals (I don't know your experience level)? For me personally, I'm just starting out and can afford to navigate the waters without a mentor. If/when I move to commercial, I'm sure I'll be connecting with people that are smarter than me/ more experience to get me on the right path.
- Investor · The Colony, TX · Member since 2013 · 283 posts · 205 votes10y
@Account Closed is a huge fan of the gurus. All he is saying is that education is important and no matter who it is teaching the information the student has to be willing to step out and do what is required of them in order to get the leads. And, then be willing to do that work that is required to turn the leads into deals.
Jay is one of a handful of people on BP that I trust what they are saying and that they know what they are doing. He has had an extremely successful career and I believe at one point owned almost 400 rentals. So, I think he knows what he is talking about.
- Investor · The Colony, TX · Member since 2013 · 283 posts · 205 votes10y
@Account Closed Sounds good. Let us know how things go. I will be interested in hearing about it.
As far as saying you would not recommend his coaching, just seems like it would be better to wait the entire 12 months before making a statement on BP about his coaching program. Probably would have been better in a PM if you just felt seriously compelled to do so.
- Chicago, IL · Member since 2015 · 298 posts · 261 votes10y
@Account Closed I have talked to Brian over the phone before and he seems very knowledgeable. I have not used his services so i have no dog in the fight.
However a negative review after 3 months where you have not made any money seems to be unfair to me. It easily takes 6+ months to even close the first deal for most investors and up to a year to be profitable. If you have a negative review then state why. Is he not providing guidance, not easy to reach, methods don't work? Please state more intricate details. If the only issue is that you have not made money given the short time frame then that is not exactly a good basis for a review in my opinion.
- Rental Property Investor · Rockford, IL · Member since 2014 · 4k+ posts · 2k+ votes10y
I have a philosophy which also applies to gurus, coaches, mentors, etc.:
No one gets a paycheck their first day on a new job, and no employer pays a new hire for work they've done for other employers.
We all get paid to produce a result. If we don't produce, both hourly and salaried alike will find on-going employment challenging. Anyone who demands payment upfront immediately loses their incentive to produce if they get it.
My $0.02...
David J Dachtera
"Success is not a destination. Failure is not an event. Success is a process, failure is a choice."
- DJ Benedict - Investor · The Colony, TX · Member since 2013 · 283 posts · 205 votes10y
@Account Closed was such a terrible mentor and his coaching program was just as bad, it seems like we would have heard about it prior to your post. You stating that you will operate visibly in the eyes of the community from now on like this is some sort of sermon on the mount that you are espousing to the huddled masses awaiting your bated breath. Well.. That's just a little odd.
Possibly real estate investing is just not the career for you. And, that is fine, it is definitely not for everyone. But, then again, maybe this is a career for you and it just takes time. For some success comes instantly while others it may take 6-7 months. That's why I suggested waiting the full 12 months before publicly stating your opinion. And, also. I believe Brain offers a money back guarantee on his coaching. So, what exactly is the issue? 12 months of coaching and if you do not make the money back then he will refund it. Sounds pretty dam good to me. I do not think Fortune Builders or Armondo offer that and they are $30-$40K. Although, I heard Armondo does drive you around in a pretty cool bus.
- Rental Property Investor · East Wenatchee, WA · Member since 2014 · 10k+ posts · 16k+ votes10y
Ahh - you are in the 70% rule portion of your training. No wonder you're frustrated! 13 years, 62 deals and I have purchased all of 1 at that level of discount. ONE. How wholesalers can do it over and over is almost as amazing to me as why they would sell it off for peanuts instead of keeping it. But I digress...
When I was first learning RE, I learned one niche, then another. One trick for my pony. Then another. Brian uses that term a lot and it makes a lot of sense to me. Believe me, there are other 'tricks' to learn that are easier to close and much funner to transact than this!
@Account Closed as a colleague and friend of Brian's I appreciate you following through and clarifying where you are at and exactly why you are frustrated. Some may have slashed and left. I hear what you are saying. Sharing results over time, good or bad, sounds fair to me. You must make and take the action as others have said. I have never been coached by Mr Gibbons. Cheers!
- 10yJay HinrichsBusiness MemberReal Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
@John Hixon or in my case success came in year 41 LOL.... what a roller coaster ride this business provides...
- Houston, TX · Member since 2015 · 512 posts · 338 votes10y
@Account Closed when you say "I would not recommend his services" you are providing a review based on your experience. Like others have said - be patient and see Brian's program through. This is not a get rich quick course which is why the program says he will work with you 12 months for your first deal or your money back.
And if you're relying solely on Brian's course to be successful I would say that's a mistake (no offense Brian - I say this about every course). You should also be reading as much as you can on Biggerpockets, relevant books, networking events, and other relevant forums so that you can tweak the strategies to work better for you in your local market. You have to work at this if you want it faster and smarter. Everyone here is extremely experienced and helpful. If you have a specific problem you can't figure out or need some guidance then search the forum. Many times someone else has had the same problem and asked that same question - if they haven't then start a new thread and ask.
We're all here to help and do, free of charge. Quit your bitching and get to work. :-)
- Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes10y
My $.02
Truthfully I don't think most people who are paying someone like Brian or any other coach $7,000 is going to get their "monies worth." Not necessarily because the coaches are saying bad things or misrepresenting what they are selling. Rather, it is the simple fact that there are not many hidden secrets in real estate that are not already out there. Brian or any other coach does not have any secret formula that you could not figure out if you worked hard enough.
I also believe that the majority of people who are not willing to work hard enough to find this information on their own has what it takes to be really successful in the industry.
Honestly the industry is pretty darn simple. If you have money you need to buy things lower than you can sell them for. Or you need to leverage financing and have tenants create long term wealth for you.
If you do not have money you need to create value by working a real estate job such as a Realtor. The name of the game is marketing, marketing, marketing, selling, selling, selling when you are trying to create value. All this other creative hoopla that involves people without any money making money in the industry is IMO bogus. The amount of people making money doing stuff like that is small and those that do were sales and marketing experts who likely etched out their own path. If you become a Realtor you have a lot more options to make money transacting real estate. That job you get mentored but don't typically need to pay for that mentoring.
Lastly
All of my above opinions aside let's go ahead and just assume Brian is the greatest real estate coach in the entire world. How on earth is he supposed to successfully coach Glenn to success with Glenn just chopping him off at the knees like this? Glenn, you voiced your opinion but you need to take a step back and take some responsibility here. You have some accountability in the creation of this toxic relationship as well. If Brian's coaching really does bring others success I feel like you have made that all but impossible with you making this relationship so adversarial.
Sometimes there comes a point in a business relationship where the parties need to end the relationship and go their separate ways. If this is not that point for the two of you, I do not know what is.
- Investor · Sherman Oaks, CA · Member since 2008 · 6k+ posts · 3k+ votes10y
Thanks for your comment.
Here is my point of view.
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I honor my commitments to my REI students.
I coach folks for 12 months, 2 hours a week, 50 weeks over 12 months.
I answer texts if time permits in real time. If not, I answer ASAP.
To assist my students, I talk with my student's prospective home sellers, home buyers, private lenders, etc to clarify answers to questions, like:
How does taking over payments work? (Sub2)
What if a tenant does damage to my beautiful house? (Lease 2 Own)
What is Section 4975 of the IRC Code and why is important? (Private Lending)
I tape training sessions for my review and my students' review.I role play with my students. As Tom Hopkins, top sales trainer would say, "Drill For Sales Skill."
I talk to my student's prospective lawyers and CPAs for my students. I want them to have good legal and tax advice. I try to "vet" them.I refer out marketing to proven marketers, such as
I do not profit from the marketing business referral. I pass my 10% discount onto my students.
I extend my business coaching agreements if "life gets in the way", such as illness, loss of job, etc. If someone needs an extension of time in our business agreement, I give it freely.
What I do not give is more 1 on 1 time. I charge $7000 for 100 hours 1 on 1 over 12 months. Thats 70 dollars an hour over 100 hours. Is that too expensive? For some, maybe.
Especially if you do not implement the training and be honest with reporting your sales activity activity. If you do not work well with the coach, and blame the outcome on others, then "face to face sales" is not for you.
Please do not waste your money.
Other trainers, such as Kiyosaki, Pustejovsky, LeGrand, Vekselman, Sperber, Merril, Crump, Success Path, etc. are not going to give you 1 on 1 time. They sub it out to some coaching company.
As an example, I talked with a woman a short time ago who did 4 successful rehabs, then hired a named brand coach (one of the above), paid $31,000.00 for coaching. She found out her coach was sitting in a cubicle, in a call center in Salt Lake City, 22 years old, never done a deal. It was a complete disaster.
You never get the promoter as a 1 on 1 coach!
So in my 1 on 1 training, I max out at 100 hours.
If you need more, you pay at $70 an hour, in 10 hour chunks at $700 up front retainer.
I try to adapt to my REI 1 on 1 clients. If they are introverted, extroverted, analytical, salesy, scared, whatever, they want to learn skills and succeed.```````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````
A good book to read is Gary Keller's One Thing.
This book is authored by the very successful founder of one of the nation's great realtors, Keller-Williams. Gary Keller is targeting those business folks who want to find single minded success - the kinds of self-sacrificing, dedicated, and single-minded people he wants to hire and who will make themselves (and him) a great deal of money.
"The One Thing" is based on the statement by Curly in "City Slickers". Of course, Keller adapts it to his purposes.
Keller believes in focus, utter dedication to your one thing, and driving to breakthrough barriers to get to your one big purpose. Some might call it obsession. He is not a big believer work life balance - he actually rejects it and calls it a lie.
- Flipper/Rehabber · Bakersfield, CA · Member since 2008 · 3k+ posts · 3k+ votes10y
- Rental Property Investor · Rockford, IL · Member since 2014 · 4k+ posts · 2k+ votes10y
Something I've discovered is that as we gain success we begin to trivialize our initial struggles to the point where even the lessons WE'VE learned are all but lost on us.
Very few of us remember what it was like listening to the adults around us in our infancy as we struggled to understand the sounds they were making in their throats and mouths. By age six or so we were sufficiently fluent in language that we could go to school and understand the teachers, our fellow students, etc.
Similarly, few successful investors remember their initial struggles to understand the language, the concepts, the subtle art and fine science of real estate: negotiations, deals and transactions.
Only a very few of us are natural teachers - able to understand how others learn and able to tailor our language, presentation, modality, etc. to suit each individual. I have yet to meet even a single such person in the REI world. I know I fall well short of the mark, personally. Even fewer are able to use those abilities to relate our own memories of our experiences to another person.
The best an experienced investor can do, therefore, is to offer an "I make money when you make money" proposition. Few, if any, however, are willing to have their own "feet held to the fire" that way.
David J Dachtera
"Success is not a destination. Failure is not an event. Success is a process, failure is a choice."
- DJ Benedict - Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes10yCurious as the original poster says he has a good paying job then in another post says he quit his job and after several months is relocating for a new job. Seems to be a lot of story telling going on. I don't know either person but have read many of Brian's posts and he is well respected in these forums.
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