All Forum Posts by: Brian Gibbons

 NO NO NO

Read these posts from 

@John Jackson

http://www.biggerpockets.com/posts/user/LeasingToB...

I trained him in 2002 and there is no one better on Texas Lease Options.

Not True.

See www.LeasingtoBuy.com

@JohnJackson

The War Of IPhone Vs Android :)

Wow! 15! @Account Closed s

Wholesaling books in the BP store

Good luck!

@Rod F.

That's a great attitude 

I did the same thing when I was first starting 

just go see if I can learn something and keep my credit cards and my other pocket

Walking to bigger pockets and feel free to colleague me

In that reference was Hogan's Heroe's,  right?

@John Jackson

Has helped hundreds of people in Texas with Lease Options, 

From the mentors point of view (I prefer coach over mentor because I think a mentor is like your grandfather telling you about life versus a coach that's going to get you into high-level sales and negotiation skills and how to focus your time)...

Many people on bigger pockets are dreamers and "the research phase" and they are not ready to take action, they're happy in their jobs and they don't want to venture out into being an entrepreneur, a risk taker

"Shiny object syndrome" will deter you from success in any marketing effort to go talk to motivated sellers and to give them choices: cash or terms

i'm not sure but I think I'm the most senior coach on bigger pockets and I've seen it day in and day out that  "people aren't ready to pull the trigger and go knock on doors and talk to home sellers.

There's a golden opportunity right now for new re investors in seller financing because 

credit is tight due to the Dodd Frank and 

there's low inventory of houses for sale.

If you just focused on nice houses and help sellers sell on terms I believe you have a great spring and a great summer of 2015 earning 3% in 10 hours.

But you do have to get off your a$$ and stop thinking and go talk to home sellers

Like John said, get a Coach/Mentor

@Rob Gillespie

Could you comment re: in Ohio how valuable it is to be real estate licensed and do lease option assignments?

 Patrick Chu

I work with lease purchase an underwater properties all day in  California

PM me your P ITI and maintenance and your type of loan fixed or ARM how many years is the loan in what year are you in that loan

If you have recent comps on the property let me know

Lol well done @Brandon Turner @Joshua Dorkin

What will you guys Think of next April fools 2016?

"We will pay you to buy this Detroit Michigan house?"

Where in Indiana re you? Indianapolis is a great market

If you're single without anybody to answer to you might want to just rent out a property and then rent out rooms like a four bedroom two bath house, live rent free

Getting a real estate license might be a good idea so that you can get some respect in the marketplace because people respect people that a licensed

If you doing just wholesaling it might take you a long time to make money, but if you have say 500 a month for six months you may very well get some deals; @Dev Horn writes often about marketing from the wholesaling deals in "the rule of seven " and frequency of direct-mail

I think the fastest start for new people is to go after "expired listings" and 

talk to homesellers that have little equity that are pretty with no work needed; 

your job is to help them sell on terms verses for cash on the lease to own; 

Then you find a buyer that "just missed financing" and wants to "rent to own"

You generally make a 3% assignment fee usually in 45 days; that's much faster than wholesaling and you don't to deal with builders or Hard Money lenders,  just the buyer and seller

I train on lease option assignments so see the free training on My BP blog Reiskills 

Best of luck!

When you look at buying on terms in your state, I would buy "subject to" over 

installment sales contract or 

land contract or 

contract for deed or 

wrap around mortgage AITD

-Subject to gets you the deed, 

-Other creative financing has less control on acquisition