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All Forum Posts by: Jamel Gibbs

Jamel Gibbs has started 0 posts and replied 3 times.

Post: Rei education academy

Jamel GibbsPosted
  • Wholesaler
  • Greensboro, NC
  • Posts 3
  • Votes 3

Hi @John Webster, I've replied to this before (a while back) and my comment was erased.  Not sure why.  We haven't run an event after the one you missed due to personal reasons.  This is why I gave you access to the home study program in addition to the event so that you can still have access to the information.  We are having another event in Charlotte March 11-13th, 2022.  I am happy to comp you tickets for that event.  Please reach out to us for the tickets.  Also you can bring a friend.  I promise you we're not a scam.  lol.

@John Websterundefined

Post: has anyone tried any of jamal gibbs courses?

Jamel GibbsPosted
  • Wholesaler
  • Greensboro, NC
  • Posts 3
  • Votes 3

Disclosure: I am the individual being discussed in this thread.

Hi JuanCarlos,

Thanks for your interest in my programs.  Sorry I'm a bit late on this reply.  I actually just found it.  I've been a quiet member here on BP for quite some time now.  

The program your referring to is NOT your average $100 program.  It's a full blown home study course for under $100.  I've done this purposely in order to make it affordable for new investors.

You can find great information here on BP, but my home study course organizes real estate investing for you, and it explains what worked and didn't work during my 14 years in the business, if that makes sense.

Here's another thread on BP where someone recommended the same course you were talking about:

https://www.biggerpockets.com/forums/93/topics/123...

Hope this helps!

Post: REO wholesaling

Jamel GibbsPosted
  • Wholesaler
  • Greensboro, NC
  • Posts 3
  • Votes 3

The BEST way to wholesale an REO property is to set up a land trust. Then sell the beneficiary interest in the land trust to YOUR buyer/investor.

This way on paper it will look like your trust is buying the property. It is very , very hard to find out who the true owner of a land trust is.

If you try to sell an LLC rather than assign the contract of sale, the bank can easily find out who the owner of the LLC is. You can find that type of info online.

If you truly want to wholesale bank REO properties, talk to an attorney and find out more info on how to set up a land trust. It is far too detailed for this post.

I hope this was of some help!