All Forum Posts by: Brian Gibbons

With David you're not doing a very good job because you getting defensive in your statements and using things like Harvard business school which is ludicrous

Why don't you start a thread that says 

10 important real estate concepts that you can learn if you join Renatus

And another thread 

Why Renatus is worth the money

I spent hundreds of hours talking about my training for free on BiggerPockets

I get students from BiggerPockets because they've read what I wrote

This is called earning their trust

I have been an estate planner selling life insurance and and annuities and long-term care working for general agents so I get your analogy

I enjoy LLM taxation issues

And yes  I don't have 10,000 students

But the ones do I have learn a strong level of real estate information and get into action

They don't get overwhelmed with a lot of information or strategies

They use a letter of intent and have a lawyer draft the docs

I encourage a sales license

They interview sellers and give them a cash offer and a terms offer

They also market for IRA private lenders and joint venture partners

@David Dachtera

There seems to be many people there really unhappy with Renatus

And if @J Scott gives it a "thumbs down" I'd be inclined to give it too.

Maybe you could find a way to improve your company's reputation

Man, this sounds like Amway or multilevel, to pay your upper-level money for some kind of conditional success is crazy

I coach people one-on-one for a flat fee and they get me nobody else

I consult on their marketing in their salesmanship and their team building getting the right attorney

I give a conditional guarantee that

"if the paid student that pays the training fees and fails to profit in the first 12 months my coaching, with the condition that they actually go out and talk to the sellers and buyers and agents and title companies as I train, they make a Skype meetings on time and don't keep rescheduling, then I offer a money back guarantee."

Because I have clearly failed them.

There are certain markets don't have great wholesaling opportunities

-The margins may not be there

-There may not be enough cash buyers is buying in the area

-it may be a war zone

@Devon Garbus

It's my humble opinion not to specialize in Wholesaling when you get started

Instead you should be a problem solver looking to be able to help people solve problems

Low equity deals that are pretty houses in good neighborhoods with good schools are easier than wholesaling 

Minor rehabs offer a possible joint venture with the seller

Free and clear houses offer the potential of an installment sale, with a low monthly payment and no banks

"Wholesaling only" is a terrible business plan in many areas

I think there's a few people that you should study and avoid some noise

@Ken Rishel Mobile homes regulation

@John Fedro Mobile home space marketing

@Jay Hinrichs transactional funding flipping

@J Scott read everything is written and buys books on BiggerPockets on Wholesaling flipping, don't ask wholesaling  questions on these forums until you've read everything he's written and read his flipping book and his renovation costing book

You could read my BP blog on seller financing and joint ventures home sellers, money partners, private IRA lenders, and other creative ideas

Dodd Frank and safe act are not the easiest laws to understand and I highly recommend that you use a registered mortgage loan originator

Lastly buy the real estate agent books in your state and know the information. 

@Logan Allec

UpGradeMyCredit.com

@Milton F.

@Paul Choate

gave a great answer,

the seller basically has no control over the property once it goes into bankruptcy, whether it is a Chapter 7 or Chapter 13, and it just delays the foreclosure, it doesn't get rid of it.

 Because the "costs to sell a property" is about 10% so if it's worth 170 it costs  17k to sell, I don't see where there's a payday there

Once the foreclosure starts,you've  got a huge amount of attorneys fees and interest subtracting from the equity

There's no deal here, it's just a waste of time

@ANTHONY MADENA

If you search in the search bar at the top of the page "Brian Gibbons lease option" you'll find plenty of ways option training materials

I live in California and I coach lease options, subject to existing financing, AITD wraps, and other credit strategies

PM me

Brian

@Ken Rishel

Well written and quite refined response, thank you.

If you're a buyer you want to check title and the condition of the house through a property inspection. 

If you're buying getting on title , If you're paying cash or getting a mortgage, a simple sale and purchase agreement with contingency clauses is all you need

If you're flipping or  simutaneous closing the same day with transactional funding, you might have a hard time finding the right title company

@Wayne Brooks is awesome in FL