This is so good. Is there a reason why you don't use your city or county property website... to show you homes in foreclosure? I believe it would be at the courthouse... where one would find that information.
where do u get the contract for closing and double closing . also the name of company that does closing if need to close on property and do double closing .
Hello, could you tell me what the real competition is in this market? Are there opportunities for everyone? Or are there few good opportunities and the market is saturated? I would appreciate it if you could respond!
Jamel, This is one of the absolute BEST Videos I've seen in this topic. Thank you for REALLY taking us step by step in how to do this. I pray God blesses you a million fold for the way you are helping so many others! Thank you!!
I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000, My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal..
Excellent content. With a solid process and some hard work you can change your life forever by wholesaling properties. I'm a business lawyer, real estate investor, and I wholesale properties. Stay focused and stay learning brothers. So much money out here for you. You just need to execute 👊🏾
This guy right here is the truth I just started now I'm connected with investors and real estate agents. I haven't made a deal but the information he is giving you is gold. Hey Jamel can you mentor me . 🙏🙏🥺🙏🙏🙏. Thank you a million times . # LifeChanging 🎉
I plan on leaving the W2 world and transition into RE Investing. This is the best video on Wholesaling on YT. Very str8 forward. Basic walkthrough. Step by step.
By far the best and most transparent video on launching your real estate business I’ve seen. Extremely thorough and very high quality content. Respect for providing people the keys needed to take life into their own hands.
I am trying a few sources, one that is building a PPC campaign for me and another that sends over live leads. Supposedly the PPC campaign takes a while to get going. I did get a deal done from the new live lead vendor I work with now. Anyone else have experience with different lead sources?
An associate of mine gave me the ingredients, and this video is the appetizer. I finished viewing this around 11pm on 9/11/23. Thank you for the information sir! I do appreciate it! 🤜🏾🤛🏾
I had to download your video and take NOTES, Jamel. You are a wealth of knowledge. I would love to have lunch with you some time if you would give me the privilege.
Jamel I watched a little more of your video out of curiosity. And came across the part where you recommended that we stay local bc we know the area a little bit ourselves. Well I myself have been a little like a nomad roaming about in a couple of different states and haven't been in my hometown where I grew up for over 10-15 years. Would you recommend that I do my work via the electronic route in all the areas that I lived or what? Thanks for your advice.
As someone who has been interested in wholesaling, out of all the videos I’ve watched on wholesaling, this has been the best step by step video I’ve ever watched. He explained this so that anyone can understand.
Not sure if because he loOKs like me, eye can comprehend more despite already watching a plethora of other successful Wholesalers but - I'm 8 mins. IN & all ready eager to get out there and take action on some dire steps in strengthening my foundation. Here's my THANKS 🙌🏿, may it return to Jamel in the form of useful energy, abundance, wisdom, and prosperity!
Hey i have a question Jamel! when you are about to do your wholesaling, Do I need to register this business first or can I get my first deal first? and then do the registration of my LLC business. Can we just do one deal first without getting into trouble? yes or not? This question has me stopped me, i am a bit scared to do get into trouble if i do my first deal, but the contract under my name and not a business name. is this a really big mistake? please someone tell me something. thanks=)
Can you wholesale to agents? I mean , a seller who wants to list a property with an agent - you charge the agent a referral fee for bringing them a customer
Thank you, I now know, this is the path to start own business! actually will be retiring in 2024 thought I would renew my MLO and RE licences but I see its not the best option, whole selling is!!will def sign up for the paid services that you offer as your info is the best out there!
I was searching for information about wholesaling, a few videos appeared. I selected yours, so glad that I did. The information you give is more than expected. Very thorough and concise. Thavk you.
Jamel when you say put in the time and effort does that imply that I'll be needing a car to be driving around the neighborhood? Probably not since you were talking about using modern technology tools. Huh?
I want to ask a question: The price you listed on the Craiglist ad, is that the actual price of the property or the whole sale assignment fess? If assignment fess, how would they know the actual price of the property and if it is the price for the property does it include your wholse fees?
Thank you @jamelgibbs for this very thorough step-by-step video on wholesaling. I do have a question though, do I need to find a titling company before getting into a contract with a seller? Or, will the buyer have one that we can use? Please keep in mind I'm very new at this. Thank you
Do you have to be a real estate agent and if not does it help to be a real estate agent when jumping into Wholesaling Real Estate? Great informative video and Thank You
Hey I’m Johnnie, from NC and I’m starting to get in this business but is struggling cause I just need guidance from a mentor who’s really doing this. I learned so much from this detailed video. 💪🏾 I would love to learn more, become a student and close multiple deals in the future. Thanks 🙏🏾
You can join the Patreon here: reieducationacademy.com/patreon Check out my other programs here: get.reieducationacademy.com Start there. If you want coaching then let us know.
Question: I was under the impression you don't need an LLC to just wholesale. Like if I were to go solo and be a 1 man band I should be good to go. If I begin to hire people. Virtual callers or what have you and begin to operate like a real business, then I need an LLC. Or am I wrong? If I begin calling and getting contracts signed and find a title business and seller. Is that when I need an LLC? Thought I didn't need one just to do this?
Unless you give some secret to how you magically sidestep all those fees for the phone service and lawyers and whatever else you were talking about having I don't see how once can be broke and wholesale. Did I stop watching this video too prematurely bc I thought I didn't have to spend a lot of money up front?
A Little Confused on that offer thing. if the House ARV was $268k -$25k for repair-$10k Wholesale Fee that's $233k Sooo how do you take that 0.70 equation down to $153k & how does an Owner go for that probably thinking his house is worth more than the $268k??
Amazing video going to actually start working on this because this video made the process so clear and understandable only question I had was in the example why did you multiply the avg price of homes sold in the area by .70 then use that number for the offer? 100k less than avg seems like a lot
Another question is when do we get in contact with a title company? Before or after we get the property under contract? After contract and assignment contract have been signed to close the sale ? Does the title company or attorney have to review the contracts after each has been signed? Do we ourselves send over the contracts to both seller and buyer or to the title company or attorney and they send those over to get signed
