How To Find Buyers For Real Estate Deals Virtually

Want to know how to find buyers for real estate deals? In this video, I'll share how I recently contracted a creative deal in another state virtually. I'm also going to show you how I'm going to find tenant buyers for this deal. Check it out!
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Timeline:
0:00 Prelude
0:18 Introduction
1:36 What We’re Looking to Accomplish In This Video
1:52 Creative Deal Explained
2:17 Here are the Numbers of the Deal
4:38 Detailed Numbers
5:35 The Benefits of Structuring a Wrap Around Mortgage
6:17 My Exit Strategy Explained
8:12 Why this is a Great Great?
8:25 How to REALLY Make Money in Real Estate?
9:47 How I Structured a No Money Down Deal
10:47 How to Find Tenant Buyers on Craigslist
12:06 The Exact Ad To Use
12:39 When to Post on Craigslist?
18:50 How to Find Tenant Buyers on the Facebook Market Place?
22:40 Recap and Closing Comments
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Who is Jamel Gibbs?
Jamel Gibbs is a successful real estate investor and educator.
He is the owner of Mill Street Properties LLC, a successful real estate investing firm. He is also the owner of the REI Education Academy LLC, which is a successful real estate investment education firm and publishing company that teaches their clients how to build successful real estate investing businesses.
Jamel coaches and consults people all across the country in an effort to help them achieve true financial freedom through real estate investing.
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#howtofindbuyersforrealestatedeals #realestateinvesting #creativerealestateinvesting #jamelgibbs #craigslist #facebookmarketplace #facebook #realestate #howtofindbuyersforrealestatedealsvirtually

[@jamelgibbs]

↓ Click the link below to become a subscriber ↓ kzbin.info Also, share and leave a comment below.

[@russ5708]

Great video. Helpful content

[@user-xx9yy2hj4z]

Thank you for the great information! Very helpful!!

[@Dommice1]

Got my first sub to deal locked up 🙏I watched this video for the first time a couple weeks ago and now I'm actually needing to watch it again and go step by step so that I can find a tenant-buyer for my property! I love it Jamel. Wouldn't have been possible if it weren't for your videos popping up on my feed. Thank you so much! ✨

[@jamelgibbs]

💪🏾💪🏾💪🏾

[@lorigeorge708]

I love your strategies, I'm in the process of buying my first 4 plex. I'm learning a lot through your post. Thank You So Much 💓 💗

[@Aatnetwork77]

This is so helpful God bless you

[@tichtich5710]

I bought two properties in 2018 real estate is the way

[@stanleyw.mcpherson3486]

I like the way you explain how to get your townhouse listed and get a buyer for $119,900 I am learning how to do what you are doing!

[@precision3000]

The man right here! JG!

[@jamelgibbs]

🙏🏾

[@stanleyw.mcpherson3486]

I have much more to learn from you thank you Jamal.

[@UnconventionalRESolutions]

This is so helpful and I appreciate you! I’m a new investor looking for my Forrest property and scared! But, I’m moving forward!

[@JWD150]

One of the most to the point and helpful videos I’ve ever seen and studied. Thanks Jamel!!

[@marystead8445]

Thank you Jamel, this is the first video I have seen for finding a buyer for a LO. It is great!

[@jamelgibbs]

Thx. Glad it was helpful!

[@essentialrelief4042]

Love the look over my shoulder type videos great content Jamel I appreciate you.

[@jamelgibbs]

✊🏾✊🏾

[@Mustach_Mike10]

jamel so I was just thinking how do you keep records of all the payments? is there a software for creative financing you use to keep records and payment of each property?? maybe you can make a video of that process.

[@jamelgibbs]

We use spread sheets

[@tibet20111]

The Bomb as usual

[@jamelgibbs]

💯💯

[@tibet20111]

Hey I don’t know how to change this Tibet thing to my name Al Mantini

[@tibet20111]

I did it I changed my channel name

[@jeanrobinson878]

Hi Jamel! I really liked your video on showing how to buy and sale a house, with out going to the bank. I will try this system out.

[@jamelgibbs]

👍🏾👍🏾

[@blackestpearl5752]

What is the next step if you don’t find a buyer for the property?

[@krishnatorrence2633]

You're always on the money with your videos, thank you

[@jamelgibbs]

💪🏾💪🏾💯💯👍🏾👍🏾

[@se7454]

🐐

[@jamelgibbs]

🙏🏾🙏🏾🙏🏾

[@JlDaBlackSuperman]

Great video man. Quick question. Let’s say you did the rent to own option with the tenant and for some reason they stop paying rent every month and say wanted to move. Would you just find another tenant and start that process again as far as your terms with the tenant buyer like their down payment and such?

[@jamelgibbs]

Yes. You keep all the funds from the previous tenant. Then find another buyer and do it again.

[@JlDaBlackSuperman]

@@jamelgibbs okay so in “a way” in might be beneficial if the tenant changes his mind and wants to move afterwords because u can get about her huge down payment from the next tenant and continue the process (besides having to do any repairs from the previous tenant staying there)

[@jamelgibbs]

Yes

[@melissaestrada558]

@@JlDaBlackSuperman good point! I love this question, because I was curious about this too. I'm just starting my REI journey now. Thanks so much for this information, Jamel!

[@alexcameron2880]

Something Jamel fails to mention in the video...merely having a contract on a property does NOT mean one controls it. One MUST have a provision within the purchase agreement that states one may advertise the property. If one markets a property without a marketing clause, this can be construed as being an agent.

[@tibet20111]

Jamel that was great. So if I want to advertise real estate for sale or a real estate wanted ad I would do it in the Market place icon? Bomb!

[@fidelmaldonado8692]

What document do you will use to secure the property??

[@jamelgibbs]

kzbin.info/www/bejne/rYmQmnxrl96hmpI

[@spirituallylovingme-11]

Hi do you have a book out

[@jamelgibbs]

Not anymore. We provide home study courses.

[@filiaguirre1214]

Why didn't you type the lease term and the application fee on the Craigslist ad?

[@jamelgibbs]

We discuss that later

[@LouisPorterJr]

I buy in Tallahassee also but live in South Florida. There are a lot of good deals there. Reach out if you want to talk real estate.

[@a.d.phillips4948]

🙏🏽💪🏾💯💰 Great Video

[@jamelgibbs]

🙏🏾💯💯

[@fidelmaldonado8692]

Great information. how do you find a Sellers.

[@jamelgibbs]

Check out my marketing playlists. Or my playlist on how to buy your first rental property.

[@oscarrobertson2257]

Good Video . What's a good way to find investor buyers for Sub2 Deals that I want to assign to an investor for an assignment fee

[@michelinethomas4238]

What happens if the renter misses a payment or backs out?

[@jamelgibbs]

These videos will answer your questions: How to Invest in Real Estate with No Money? (Real Case Study) kzbin.info/www/bejne/aoaVgKicfZ2Gi9E Top 6 Creative Real Estate Investing Questions Answered! kzbin.info/www/bejne/i4fYamSPqaZqaZI

[@ryanyoung9301]

Is the PITI in your example from a 30 year calculation but you plan on getting out in 5?

[@ryanyoung9301]

Never mind I got it

[@Cybertrucker1]

Do I need a real estate license?

[@7Ladarius]

Nope

[@cmosdriver]

Ok Jamal, hook me up my Brutha. Why can't a document be provided when it's a SUBTO? The seller is being relieved of coming out of pocket in both strategies. So what is it about SUBTOs that paperwork isn't able to be provided but with Lease Options, they are? Further my Creative Financing edification Please Sir. 👍👍

[@jamelgibbs]

A wrap is a form of subject to that is documented, providing the seller with some legal protection. If the buyer defaults on payments to the seller on a wrap, the seller has the right to foreclose. It’s different than a normal subject to in that the wrap mortgage is the legal agreement between the buyer and seller. In a pure sub to, the seller has very little legal recourse if the buyer stops paying on the underlying mortgage.

[@cmosdriver]

@@jamelgibbs So Seller Financed deals, involves an attorney & therefore, can be documented & with SubTo deals, they have zero attorney involvement and therefore, no documentation outside of the seller & buyer. Do I have that right so far? Now if that is indeed the case, here's my question now - if both strategies are agreements between the seller and investor/buyer, why does a Seller Financed deal have the involvement of an attorney and a Subto isn't capable of the same? What disqualifies the SubTo deal of having an attorney involved? Does that make sense? (does the 'due on sale' clause have any bearing in this at all or there's no connection?)

[@jamelgibbs]

All deals should be closed with an attorney. Seller financed deals are usually negotiated on free and clear properties. Subject to deals are usually negotiated on properties facing foreclosure.

[@skylersiwy2239]

In this deal, are you responsible for property damage caused by tenant/buyer??

[@jamelgibbs]

Yes. I own the property.

[@solodolo662]

I’m still waiting on somebody to reach back out to me about the course

[@jamelgibbs]

Which course? Did you place an order? Did you submit a ticket to reieducationacademy.com/support? If so, when? Happy to help.

[@metricsolo349]

Same here I sent email

[@jamelgibbs]

check out the new webinar here: jamelgibbs.easywebinar.live/event-registration

[@metricsolo349]

Thank you Jamel. I registered for the webinar 🙂

[@steve.francis.5179]

This seller was anOther investor?

[@jamelgibbs]

Absentee owner

[@steve.francis.5179]

@@jamelgibbs I'm new to all this but even as an absentee owner, was he a an investor where the property was vacant? Who initially came up with the terms on your wrap that was sold to you? Vs taking out a second lien on the property for the difference he was looking to get for the equity?

[@jamelgibbs]

He was an investor. I came up with the terms