How to Invest in Real Estate with No Money? (Real Case Study)

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  • Опубліковано 11 гру 2024

КОМЕНТАРІ • 63

  • @kingslyo5423
    @kingslyo5423 2 роки тому +22

    This brother has a good heart. He’s one of a few good men out there teaching and really helping people genuinely. Thank you, Jamel.

  • @joanitanakiwala2061
    @joanitanakiwala2061 2 роки тому +5

    Jamel I like your honesty that's why I am following

  • @precision3000
    @precision3000 2 роки тому +5

    I bet learned a ton from taking your advice and hearing it again in this video only solidified what I have learned. Thank you and I’m looking forward to closing my first deal from your teachings.

  • @JimBuysHouses
    @JimBuysHouses Рік тому +1

    Jamel I appreciate the video, you broke down the transaction which helped me to visualize the approach and end game Thank you

  • @brunocham2994
    @brunocham2994 2 роки тому +2

    You need your own TV show. Your presentation convinced me to look into the possibility to get my first house. I'm researching the criteria to get access.

  • @AmberCharles-s6j
    @AmberCharles-s6j Рік тому

    Very helpful video... "What if questions leave you broke".

  • @lacedgoathoodie
    @lacedgoathoodie 2 роки тому +12

    Hey Jamel, currently trying to do owner financing to purchase my first property, lots of misses. but I might have a good seller on my hands. hoping for the best

    • @jamelgibbs
      @jamelgibbs  2 роки тому +1

      💪🏾

    • @Bbygrl918
      @Bbygrl918 8 місяців тому

      What’s the update? What did you learn?

  • @shalevgreenberg1695
    @shalevgreenberg1695 Рік тому

    Thanks man for the honestly and well explained content! All the way from 🇮🇱

  • @valerietippitt8403
    @valerietippitt8403 Рік тому

    Thank you Jamel for your wisdom see you at the top!

  • @CryptoWithEnriched
    @CryptoWithEnriched 2 роки тому +3

    Blessings. I'm enjoying your video content.

  • @jamelgibbs
    @jamelgibbs  2 роки тому +7

    ↓ Click the link below to become a subscriber ↓
    reieducationacademy.com/UA-cam-Subscribe
    Also, share and leave a comment below.

    • @annettemarie2076
      @annettemarie2076 2 роки тому

      I’m interested in becoming a student.

    • @jgalore345
      @jgalore345 2 роки тому

      Peace King! I completed the coaching application and was not able to leave a message to speak to a team member. How do you suggest I move forward?

    • @ebenezerboakye1871
      @ebenezerboakye1871 Рік тому

      Hello @Jamel Gibbs, Thank you for all your videos and how you take your time to break things down to its simplest form to the understanding of almost everyone. I've been watching your videos for the past weeks and I see you as the perfect person I am looking for as someone who can school and mentor me in Real Estate business. Please, I want to sign up to your academy, but I don't know how I would do that. So I need directives to sign up to be your student and Mentee. I can see the Shop Jamel Gibbs Store hoodies, but I was wondering if that is the means of signing up. Please, kindly respond to me. Thank you

    • @jamelgibbs
      @jamelgibbs  Рік тому

      @ebenezerboakye1871 you can fill out an application at reieducationacademy.com/coaching
      Thanks

  • @justvybes8496
    @justvybes8496 10 місяців тому

    Glad you are free. Wow!! Noise is noisy. Did the buyer get a 97k check at the end. What happened to the $750/m was that apart of his closing? I thought you paid closing. Maybe I need to rewind.🙄✍🏽

  • @Zingzinger97
    @Zingzinger97 Рік тому

    Good for you brother

  • @annettemarie2076
    @annettemarie2076 2 роки тому

    Palmdale, Lancaster, CA and Georgia are my areas of interest. Possible signs of gentrification are in play in Palmdale. Signs of other Investors postings can be seen in this area. Long vacant plots of land are suddenly being developed.

  • @Zingzinger97
    @Zingzinger97 Рік тому

    Good stuff

  • @parrismcghee-beyjr4785
    @parrismcghee-beyjr4785 2 роки тому +3

    Bro, I'm new to your page.. Land, business & property is wat I am on NOW, BUT I'm green as shhhi... I have 3 YT channels I just started. I also just started 2 business's,. I swear man I am going to help a poor person that don't have a clue about what's going on with how to create generational wealth. The real things we need to invest in. I am a researcher, a historian, entrepreneur & a community activist... Only thing is Im on my own.. for once somebody needs to help for the $0.. I just don't understand for a person to make sooo much money on whatever they do, but at the same time charge to help someone get out of poverty..so I guess some of us are just cut from a different cloth..🗣️✌️🔥🔥🔥
    But I will be checking in.. cuz this is my dream.
    #indigenousapparel
    #ia
    Peace

    • @jamelgibbs
      @jamelgibbs  2 роки тому +1

      Just gotta hustle bro. You got this!

  • @estuardolopez359
    @estuardolopez359 Рік тому +1

    I really wanna do this how do I get a contract??

  • @Dommice1
    @Dommice1 Рік тому

    There is one big IF that keeps occurring to me that I would like to ask you. So, lets say you have a prospected distressed property and you want to owner finance it and turn it into a rent-to-own, or even just rent. You have spoken with the seller at length and ready to make an offer with them. Lets say you make the offer with them and they accept it. Now it seems that it is time to list the property and start looking for a tenant or buyer. How long is the closing process? and, if you haven't found a buyer by the time it is time to close, what do you do at that point?

  • @lavishla3172
    @lavishla3172 Рік тому +1

    What do you put into the contract?

  • @shaymay2892
    @shaymay2892 2 роки тому +3

    Is the 750$ that is going to seller considered 'interest'?

    • @jamelgibbs
      @jamelgibbs  2 роки тому +2

      Not on this deal. That $750 took care of PITI and seller profit.

    • @shaymay2892
      @shaymay2892 2 роки тому

      @@jamelgibbs OK. Didn't the seller already get their profit?
      Ohhhh, that was part of his 'concession'?? Correct?
      And what's PITI please?

  • @jayj4439
    @jayj4439 Рік тому

    Hi I have a random question. Would you advise working with the sellers realtor if trying to do an owner finance situation? Thanks

  • @danielwenner4718
    @danielwenner4718 2 роки тому +1

    Hey Jamel, I came across your channel recently and have learned so much! I am a firefighter, and I have a different work schedule than most people. Do you think having a schedule where I would be completely off from real estate for 24 hours at a time be a problem for business? And also I was wondering about if I did buy a property from a seller following your formula to use a tenant to pay for everything; how would I be able to pay the seller the 10% down payment if the tenant isn't able to do so within the first couple months of renting? Would that put me in a bind with the seller, or could I pay the seller the down payment whenever the tenant is able to pay? If you could reply back, or even make a video going into detail that would be great! Thanks!!

    • @SaintCHA
      @SaintCHA Рік тому +3

      Usually the tenant will come up with the down payment due to their credit not allowing them to finance a property. Just because they can’t finance a property due to bad credit doesn’t mean they don’t have the funds.

  • @dennis_adorjani
    @dennis_adorjani Рік тому +1

    Could the seller ever reject a renegotiation leaving you in shambles?

    • @jamelgibbs
      @jamelgibbs  Рік тому

      Not sure what you mean. If I’m seeing this correctly… Once you control a property you call the shots. Depends on what you negotiate up front.

  • @ted33328
    @ted33328 2 роки тому +1

    Hi Jamel; on lease purchase option...are you taking over the deed for the property along with taxes & insurance payments or just paying seller negotiated monthly amount for all ? Thanks

    • @jamelgibbs
      @jamelgibbs  2 роки тому +5

      Short answer is no. Think of this strategy as renting the house with the option to sublease it.

  • @G_Back2Basics
    @G_Back2Basics 2 роки тому

    Do you have any classes coming up?

  • @tikateah337
    @tikateah337 Рік тому

    Do you have to get a realtor's license??? Cause I can't seem to find the sale by the owner

  • @AakashKumarFinance
    @AakashKumarFinance 2 роки тому +1

    Great Jamel! You remember me i followed your channel since 2020 when you have 18k approximately subscribers ❤️

  • @gladysbin9174
    @gladysbin9174 Рік тому

    I want to work with you . I’m in Charlotte

  • @dominicrowe8740
    @dominicrowe8740 2 роки тому +1

    You from new York?

  • @cunediacohen
    @cunediacohen Рік тому +1

  • @ronall5624
    @ronall5624 2 роки тому

    I have a daughter just graduated high school and has a true interest in real estate is there a class I could sign her up for with you?

    • @jamelgibbs
      @jamelgibbs  2 роки тому

      Sure. Please send an email to info@reieducationacademy.com. My team will send you the link.

  • @DjNaseeb
    @DjNaseeb Рік тому

    👏🏾👏🏾👏🏾

  • @luxurycardstore
    @luxurycardstore 2 роки тому +3

    At 3:00 you say we should make relationships so that people will like and trust me. You don't say how you do that with no money and no experience. You glossed over the details of title of this video. Please give the details. This video us useless if you don't give enough details

  • @bayheartmedia
    @bayheartmedia Рік тому

    i need a mentor to help can you reccomend someone jamel

    • @jamelgibbs
      @jamelgibbs  Рік тому

      We do coaching in my business.

  • @briannaquiller5572
    @briannaquiller5572 Рік тому

    Hi,
    Is there a way we can exchange numbers or emails. I would like to reach out and get an one to one session with you. I understand if a fee is included..
    Thank u

  • @damonstallings8877
    @damonstallings8877 2 роки тому +1

    Wait so if your getting 900 a month how does that pay 97k in 60-120 months

  • @sheriwilson9387
    @sheriwilson9387 Рік тому

    Lol 1 trick pony😂

  • @paulpowell9583
    @paulpowell9583 10 місяців тому

    Jamel not finding your telephone number or email.

  • @virgobee23
    @virgobee23 7 місяців тому