12 Responses to “Commercial Millions and Jason Gilbert Course Full Video Review”

1. Sam on Feb 21st, 2009 at 1:30 pm

   Trevor,

   I first saw Jason Gilbert’s program though a website called Magic Bullets run by Dan Auito, that prompted me to take a closer look and I came across your review, one plus for the program is that I registered on one of their help sites to ask about the implementation of their program in Canada, they gave a prompt response that said it would, but there might be a few variances in the laws that I should check each out. My question to you is, I simply can not afford the $1000 for the full course, or even the $750 with your rebate which is amazing to begin with, that you would offer a rebate on a product that is not even yours. I am interested in the program, can I complete some deals successfully using the $7.00 blueprints and DVDs, along with a ton of hard work and research of course, but does that $7.00 give enough information and contracts to complete a deal or two, until I can afford the $1000?

   Thank you for the review and your time.

   Sam

2. Carl Medley on Feb 23rd, 2009 at 10:28 pm

   I purchased the program after reading your review, however, your link on this page didn’t work but the link link on the 1st page did. How do I take advantage of the rebate.

3. professorX on Feb 24th, 2009 at 9:12 pm

   would like to get the blueprints, but can’t find the link… is that still available?

   and thanks for your review! it was helpful!

4. professorX on Feb 24th, 2009 at 10:28 pm

   about the master lease option strategy… I have a practical question to pose considering any newbie joining CRE to apply this strategy.

   If you were the owner of a multifamily property or any multi-tenant property (office, retail, industrial), and a prospect lessee came along to apply to rent-to-own from you… AND you are still, ultimately liable for the outcome of the property’s income performance, how diligent would you be in qualifying this “prospect?”

   What happens when they ask you for proof of experience and qualifications that will show you can run this property as well, as organized, OR BETTER than how the property is currently running?

   the unquestioned presupposition is certainly tempting… that someone new and unproven can just walk in and strike a deal for a property owner… but how can one truly qualify themselves to have the owner put trust in you as a newbie without ANY multi-tenant property management experience? Sure, you can get a team together… maybe even property management company in place, and that might help. I don’t ask this question to play devil’s advocate, but more to really follow thru on this strategy proposed for this homestudy course that will help us make our millions.

   the above scenario is much akin to a new hire candidate coming in to a job for president of a company (poorly managed or not) and telling the interviewer that they can manage the company as well or better than how it currently is running. there will be several steps of qualification and dd on the hirer’s part before they hand over the position.

   just like the company… the owner/property will depend greatly on the leadership and performance of the manager of the property.

   of course, this question is only the beginning of a situation that needs to be handled in order to become the new lessee. the next step is to find the solution to answer the question of credibility and performance.

   Trevor, does the homestudy course address this realistic and practical question that the new investor will likely come across when the owner they approach asks them for assurance in taking care of the property and insuring timely and full monthly rental payment as lessee of a master lease to own strategy?

   thanks for your time!

5. reibrain on Mar 17th, 2009 at 6:18 pm

   Hey Kelvin,

   Thanks for the question and I apologize for the delay… been out of town and am busy with other projects which has kept me from getting to a lot of the comments recently.

   Anyhow, your question is COMPLETELY VALID and one that everyone should consider. However, this in my opinion is what stops a lot of people from taking action in anything (not just real estate) because they presuppose things before they actually go out and try them.

   I bought my first 4 plex when I was 21 and in college… I had about $700 to my name… and no credit (not bad credit… no credit). Most people would say… “How do I expect people to take me seriously if I’ve never done a deal… am 21… in college… have no money… and can’t go to the bank to get a loan?”. Really… I had virtually all of the strikes against me… but I didn’t know any better and I went out and just started talking to people… finding their true motivation for wanting to sell the property… then I built trust with them (personally… not based on my past experience in real estate)… and with my first 4 plex the seller trusted me enough to carry back about 95% of the note himself… then I went to a family member and borrowed the other 5% to close the deal.

   Everyone’s got to start somewhere… even those guys who are using a MLO strategy… they weren’t born with experience in real estate.

   So, the job of someone who has never managed a multi-unit property who wants to do an MLO type strategy isn’t to wonder why a seller would do it… it’s to ask how do I build the trust with the seller to show them that we’re committed to producing the results I speak of.

   From a sellers perspective… all they care really is that you pay the monthly lease to them on time and the property doesn’t get tore up… whether you actually make it profitable or not really they don’t care because you’re agreeing to pay them the monthly lease payment no matter what. So, you need to just sell them on the fact that you can help them earn as much if not more monthly than they are currently earning without having to hassle with managing the property at all.

   Yes, easier said then done… but I think the first hurdle is in turning your mindset around from “why would a seller want to do this”… to “how do I get sellers to do this?”. Make sense?

   As far as the home study course addressing this specific thing… the home study addresses how to find and put together these deals… it doesn’t say a whole lot about sales strategies and how to handle a ton of objections.

   So, if you were going to use this strategy… here’s my advice:

   1. Change your mindset from “why” to “how”… that’s a huge step. Remember, my story… I got a seller to trust me enough to not only sell an untested 21 year old with no money or credit a 4 unit apartment building… but he trusted me enough to carry 95% of the note. It’s in the way you build the relationship with the seller and be honest with them.

   2. Work hard on finding out the frustrations the seller is having… then tie solving those frustrations to the service you provide. Then make an offer… and show the seller how they’ll benefit (aka, earn a monthly income near the same or greater than they currently earn w/ the property… but without the hassles of managing it… and you’ll purchase the property from them at a fair price down the road).

   3. Go out and for your first MLO deal… don’t be afraid to give up most if not all of the profits. What I mean is go out and build a team around you who are experienced (a property management firm, another investor who DOES have experience owning successful multi-family apartments)… give them a huge cut in the deal… and sit back and learn and gain experience in the process. Who cares if you don’t make any money on the first deal… (or very little)… you’ll now have the experience you need to go do the deals yourself.

   Make sense?

   So… that’s my advice… take it for what it’s worth… but that’s the way deals get done when you’re a newbie. Don’t be afraid to make little to NO money your first deal in exchange for gaining experience.

   Hope that helps!

   – Trevor

6. reibrain on Mar 17th, 2009 at 6:47 pm

   Hey Sam,

   With a ton of hard work and dedication you can do anything. The most valuable resource for multi-family investing I have is a $15 book… then I put hard work into implementing it til it worked.

   As for Jason’s blueprints… truthfully the blueprints are pretty basic and give you an overall overview of the strategies… but you have to buy the home study course to get the forms, contracts, templates, etc.

   So, yes… you can make it work with just the blueprints but you’ll need to have an attorney draft the docs and have trial and error in figuring out the system that works for you… the course gives you some tools that’ll save you time and $.

   Thanks for the comment!

   – Trevor

7. Steven on Apr 6th, 2009 at 4:13 pm

   Hey Sam,

   If your looking for a way to do MLO or JVF deals without buying Jason Gilberts blueprints their is a way. Doing lots of research on the internet I found a company by the name of Mambo Tuna LLC. The company specializes in doing these deals they will even partner with you if you can bring them a deal that is worth it. So so google it askjeeves it and you’ll see it and i think that would help a lot

8. Michael on Apr 20th, 2009 at 11:43 pm

   Great overview of the concepts in the material. Just wondering if there were a lot of typos in the binder. A friend of mine recently attended one of his boot camps and I guess the written materials had a slew of typos. The ideas are pretty powerful for getting involved in commercial real estate but, overall, my friend wasn’t very impressed with Jason. I guess during boot camp there were many sale pitches from other speakers as well as a lot of upselling by Gilbert and his team. I bet the recorded material doesn’t have all that junk in it!!–maybe buying the home study course is a better idea than attending a live boot camp. lol

9. Trevor M on Jul 2nd, 2009 at 4:46 pm

   Hey Michael,

   Hmmmm… truthfully I didn’t notice typos… not saying there aren’t any… but I guess I care less about typos and more about the content I’m going to implement.

   Ya, the home study course is basically the recordings of a bootcamp he did… so you get the best of both worlds. The whole bootcamp recordings and no pitches

   Anyhow, I’m not sure if it’s just me or not… but little things like typos don’t bug me a whole lot cause they’re inconsequencial to me implementing the program.

   - Trevor

10. red on Sep 29th, 2009 at 3:37 am

    Hey.. will this work in the Philippines???

11. dino lenelo on Oct 23rd, 2009 at 8:39 pm

    I have a question… It seems like you and the Gilberts are more in the business of selling courses than investing… I have searched the internet and rip off reports.. nothing positive I must add. No one has claimed that they have made millions with his program at all… All these upfront fees… For what? Just sales pitches….. I have been to many free seminars and they always try to sell some uselss course without any guarantees… For once why wouldn’t you guys be real business people instead of being the next snake oil salesman… I have been a real estate investor for 15 years and have had people work with me.. I do not charge anything.. As long as they follow the criteria and find me deals they make money… Most of high profiled gurus on the internet are all scams… Look out for a new website called http://www.URL BLOCKED].com… we will investigate sharply all gurus online…. So called gurus will be exposed… upfront fees for intangiables will be stopped… Federal trade commission already looking to pass new requirements for websites collecting upfront fees for services or bogus products…. Testimonials? A joke… Anyone can build a website and post anything they want… make up names and stories…
    show real proof… Your video, that could be a vacant home for sale… so what? I can pretend like you all day…I have friends that are realtors and do the same… Millions of people are sick of bogus claims like this, only to be ripped off… Your probably a affiliate collecting a commission for selling his course online… This is why you insist on people buying through your link…

    NOTE FROM REIBRAIN EDITORS: We post both negative and positive comments on our website because we value opinions… no matter how accurate or inaccurate they may be. However, we responded to this comment below since the commenter decided to bring me personally into this. Grab a cup of coffee… and check ‘er out below

12. reibrain on Oct 25th, 2009 at 10:48 pm

    Hey Dino,

    Thanks for the comment… I love your passion… it looks like you must have a lot of time on your hands… but that passion would probably be more productive directed toward a better use of your time

    Anyhow, most people probably wouldn’t let unsubstantiated comments like this that clearly have no research or evidence to back up any of it on their blogs… but I wanted this to go online for everyone to see because it does show another opinion and side of the coin that I think many other people may have that does need to be addressed because it’s much more counterproductive to everyone (you and people who are exposed to this mindset) in the long-run. And, especially in today’s economy, all of the job losses, etc., a lot of people are frustrated and are looking to vent their frustrations for their circumstances somewhere (other people being the easiest target).

    So, I just want to address the different elements of your comment so you can see the other side of the coin and people can understand where both sides come from (and they can decide which side they think will be more productive to follow for their lives in the long-term).

    So… here we go…

    There are a few elements of the comment that really don’t even warrant acknowledging… but I actually was quite amused when you said “Your video, that could be a vacant home for sale… so what? I can pretend like you all day…” etc. Lol, yes… it could be from a vacant home… and if I had the same mindset you currently have… I may also think the best way to look like you’re successful is to call up your “realtor friend” and ask them if you can squat in a nice looking vacant home of theirs to shoot a video.

    But, I guess that’s where you (and people with similar mindsets) and me (and people with similar mindsets) differ.

    Rather than doing that taking the easy route… I’ve worked hard for the last 5 years (even in times I thought I’d never make it) to start and build up my businesses by nothing more than sheer determination and scrapping for everything I’ve earned. I bought my first 4 plex when I was 21 years old and in college (with none of my own money or credit)… built my real estate business and 2 other businesses… then, last year I went out and bought that house (yes, the one in the video) for my wife and family to live in… because we can. Lol, I really could care less if you think I “borrowed” the house from a realtor… because I’ll still be going to sleep every night in THAT HOUSE… wake up to my beautiful wife in THAT HOUSE… and people who think it isn’t possible won’t. No big deal to me at all. It’s just a decision I’ve made. I decided to be genuine and work hard… other people choose to go the easy route and attack those who’ve seen success in their lives that they themselves haven’t seen yet.

    Now, to address the other side of the coin on a few of the other comments.

    First, I agree with you 100% that there are a lot of scammers and dishonest people out there duping people into untruths and overhyped promises that are built with the sole goal of deceiving people and making selfish money. Those people have hurt the entire industry including those who are very upstanding, honest, hard working, and genuine people. But, it’s the whole 80/20 rule in action. No matter what you’re talking about… 20% of the people will be bad apples and ruin it for the 80% of honest people. It’s a bummer… but that’s life and those of us who do honest business have to work that much harder to really make a positive impact.

    But, to say that just because you can’t find anything online of someone saying they’ve made a million bucks from a specific program isn’t a good argument to place a broadstroke and say that it’s a fraud and/or doesn’t work. The thing is… the Jason Gilbert program (and many others like it) have all of the instruction, forms, documents, etc. that someone needs to make money in real estate using the strategies they teach.

    However, no matter how thorough… how concise… how accurate… etc… even the best training program in the world won’t make even 30% of everyone who buys the program (the keyword is “buys”) a millionaire.

    Why? Well… let’s relate it to something a bit more mainstream.

    You’ve seen the TV show The Biggest Loser (equates to a coaching program)… or seen workout programs like P90x (equates to a home study program)… right? Well, both of those are proven methods to lose weight and get in shape.

    Do you agree? If someone goes through the entire P90x workout program for the whole 6 weeks following it to the “t”… and stays with the program religiously and never gives up… they’ll be in great shape… right?

    It’s a fact, if you do those exercises… and follow their meal plan… you WILL see results… no if’s ands or butts about it.

    But, what’s the succcess rate? How many people out of every 100 who buy P90x get those “ripped” abs… or see success in the long term?

    My guess is probably around 3-5%. Yep, 3-5% of all people who buy the P90x program (which is the best workout program I’ve personally seen and we all know it will work 100% of the time when people apply it to the “t” religiously) will see great results… and the other 97% – 95% will either see NO results or very little results.

    So, what’s the problem here? Is Tony Horton (the guy who sells P90x) a fraud? Is the system a bunch of bull? Should he just give everyone free workout sessions at his gym because he “isn’t a real business person” by selling the knowledge that he knows works when it’s applied?

    Nope… it’s the only variable element in the whole equation that is at fault… the commitment and will to succeed of the customers.

    We can’t argue that… when you do the exercises and meal plan… you’ll be successful (unless you have a legitimate medical condition that prohibits you from following the plan)…
    when you don’t actually apply the program

    and commit to it… you’ll fail.

    So, let’s take it another step.

    The Biggest Loser.

    This is the equivalent to a hard core “coaching program”… right?

    Okay, my wife and I watched the end of the series last year… and it was awesome seeing the results that most people had. Yes, personal hand holding and coaching obviously increases the success rates of the people because the majority of them lost a lot of weight.

    However, even with two of the best weight loss trainers in the world in their faces every week for 3-5 months… some people just weren’t able to lose the weight… and went home… and still weren’t able to lose the weight. But, there were some outrageously great results seen by the top 10% of the contestants… that was amazing life changing stuff!

    So, what’s at fault for the people… who even when they had Bob and Jillian personally working them out for months and months… weren’t able to lose that weight and battle those psychological demons that are causing their failure? Well… it’s not Bob… it’s NOT Jillian. What they teach works… 100% no question. It’s up for the individual person to choose to commit to the hard work and commitment (and pain, tears, and discomfort) it takes to be successful.

    I noticed the other day that Jillian now has a workout program she came out with and a book… is it wrong for her to charge for those? Is she not a “real businessman”? Or is she just a snake oil salesman because 95% of the people who buy her product we all know will NOT see success with it… so the product must be a fraud… right?

    We all know the answer to that.

    Bottom line, anything that takes the human element into the equation is going to have similar results no matter how solid, well put together, honest, reputable, proven, etc. the thing is. Whether it’s weight loss, personal success/growth, real estate investing, making money online, etc.

    Most people just aren’t committed, motivated, positive, etc. enough to see really great results even if they are literally given and shown step by step exactly what they need to do.

    However, it’s that same group of people who usually choose to blame someone else… like the person behind the product… on the lack of results. Afterall, it’s the easy way out… and actually following through and working extremely hard to make the system work is a much harder process.

    Man… I can type on this for hours… but I’ve got to cut this off here in a bit.

    Lol… but first… a few more points.

    1) “I have been to free seminars and they always try to sell some useless course without any guarantees“.

    Yep, I’ve seen these seminars (and been to a few)… but I always go into them looking to get just one good Idea I can apply… I’m not looking for magic bullets… nor should people expect them from a free event. A free event is just that… it’s free… so people should expect to be given some good free information… with a sales pitch at the end for more information IF they decide they need it. And yes, 100% agree with you that the product should have at least a 30 day money back guarantee (which 95% of programs I’ve seen have at the least)… but there’s no way to absolutely guarantee the success of someone using the system… because, once again… it goes back to the “human element” and whether or not that person is going to be one of the 3-5% who actually open the program they buy, go through it, take notes, apply it 100% to the “t”, follow through on it, and commit to making it work.

    2) “For once why wouldn’t you guys be real business people instead of being the next snake oil salesman… I have been a real estate investor for 15 years and have had people work with me… I do not charge anything… etc.”

    Congrats! If you’ve been successfully investing for 15 years (and making a living doing it) you’re the exception… not the rule… and you should know more than anyone how committed you really have to be to be successful. However, letting people work with you for free is a decision you’ve made (I’ve done the same as well for my friends and family)… but you’ve only got so much time on your hands… right? What happens more and more as you become successful in anything (not just real estate) people will demand more and more of your time and attention because they want a bit of what you’ve got.

    At the start, it may make sense to teach a few people for free… take some people by the hand, etc. However, the more success you and those you are teaching see… the more people want to learn from you… and in turn… the less time you have. So, you can make one of three decisions. First, you can decide that you want to keep teaching people for free… but you can only do that for one or two people at a time or your own business, income, and family life will suffer (which isn’t a good thing obviously). Second, you can decide that you just can’t keep giving that much time away because 8 out of 10 of the people you teach (for free) just aren’t committed enough to follow through with what you’re teaching them… so you cut off all teaching. Or, Third… you can compile everything you know into a training program… or you can take on a small group of people to coach… charge an affordable investment… now you can focus more time with those students because now it’s again worth it on the time/value trade.

    And, what you’ll find… is, people who are seeking stuff for free who aren’t willing to invest to get something worth while… MOST of the time (there are exceptions of course) aren’t willing to invest their time, commitment, attitude, etc. either. So, they end up taking up a lot of your time… and the results they get end up being dismal.

    However, when you value your own time… people will also value your time. If you’re spending your time doing something worth value… you should be compensated for it. If you were a car mechanic you wouldn’t fix peoples cars for free would you? Nope… but you may take on a few students who pay a couple hundred bucks each and teach them everything you know about how they can rebuild their own engines, upholster their own interior, etc.

    It’s a time value trade off and people who know how to run businesses and are successful know this concept… and use it to not only make their own time the most effective… but also the time they spend with students the most effective.

    So, if giving your time away for free and not valuing your time is the definition of “running a real business”… then I’ll have to admit I must not be running a “real business”. However, if providing value to people to help them solve their problems, charging a high value price in exchange for what the customer gets when they apply what they’ve bought, and valuing my own time so I can spend the most time possible with cool students who take action… great friends and family… and my wife is the definition of a “real business”… then that’s the definition I go by.

    3) “Millions of people are sick of bogus claims like this, only to be ripped off… Your probably a affiliate collecting a commission for selling his course online… This is why you insist on people on buying through your link…”

    Darn, you caught me I’m one of the few who is honest in my reviews and is upfront about the fact I get a commission when people buy a product when using my tracking link. Which is exactly the reason I give my readers *most* of my commission back as a rebate so they can save money on the program. And, if you take the time to go through the reviews you’ll see that I give pros and cons (not just overhyped claims) and tell people that the program isn’t a magic bullet… so they can make their own well educated decision. Once again, it goes back to how much you value your time and helping others. I’ve taken my time (and hired staff to help me with my businesses) to provide a lot of really great free resources in this website for new and experienced real estate investors. And, if people find my reviews or resources useful, genuine, and valuable… it’s not a bad thing at all if I earn a few bucks in return (again, I pass most of my commission back to the customer as a service to my readers… I don’t have to… its just a choice I’ve made).

    Every program I review that gets a positive review must be of high value (determined by what the customer gets for their investment), must have at least a 30 day 100% money back guarantee, and must be actionable.

    Jason Gilberts program is all three… and when people actually go through the program when they buy it, apply it 100% to the “t”, don’t give up because it’s hard, commit to making it work, actually start making offers and stop placing false roadblocks in front of themselves as to why they can’t apply the program… they’ll see success. But, again… I only review what the potential of the program is for people… it’s up for people to apply the program themselves to reach the full potential.

    And it’s those people… the people who don’t apply the program 100% to the “to”… who are the ones who go online wondering why they didn’t make a million bucks (when they haven’t done anything or they tried something and it didn’t work right away) and say it’s a “fraud” or a rip off. Truthfully… too many people are ripping themselves off and not giving themselves a real chance at success. People need to take responsibility for themselves and their own success and don’t blame other people for their lack of successes. Heck, I’ve personally bought a few programs throughout the years that I haven’t taken the time to apply (because I had bigger priorities) so I got no results… but I take ownership to that and realize it’s my fault… not the programs fault.

    To sum it up… (finally

    Whew… this was way the heck longer than I ever planned… I’ve spent way too much time on this but I think it’s an important topic and I’m hoping a lot of people will read your comment, realize it for what it is, and then read my novel here and make a decision as to which side of the coin they want to be on.

    Again, I agree with you 100% that there are scammers out there… and the people who are truly knowingly scamming people selfishly for their money when they know what they are selling doesn’t work SHOULD be exposed and weeded out of the market. And, in my opinion… over time those kind of people will be weeded out of the market by default.

    However, I 100% don’t agree with the way that you’ve gone about it Dino… by coming out and accusing without base people (me included) of things simply for the fact that you “can’t find where people have said they’ve made millions using the system”. Just by the nature of the internet and human psychology… bad news spreads 100x faster than good news. Read your newspaper or watch the news… 80% of it is bad news because that’s what people like to hear.

    Good news is slower to spread for several reasons… one being a lot of the time when people share really great results they’ve gotten from a “business opportunity” system… the skeptical and negative people out there automatically discount it and think they’re lying or it’s a bogus claim (sometimes negative and skeptical people have a hard time believing anyone can have success with something if they haven’t personally seen it themselves). It’s the nature of the beast.

    Heck, when I was 20 years old my dad bought me the Carlton Sheets “No Money Down” program for $500 (I’m not endorsing the program… it’s really not that great… very basic)… I didn’t apply it for almost a year… saw no results… then things clicked in my mindset… and I applied a few things out of that program and some stuff I learned online… and bought my first 4 plex within 4 months after that. I’ve been a multi-family investor since then and I guess I never thought to go online and post on some forum somewhere that I’ve generated millions in equity and thousands in positive cashflow every month after going through Carltons course… I was too busy applying it and didn’t think to go online to toot Carltons horn.

    So… i truly don’t expect this long @ss comment (way too long in fact) of mine to change your mind Dino (or anyone w/ a similar mindset); however, I hope it gives you a bit of a different perspective and helps show you that I really do care… and am pissed about the same things you are… I just choose to direct my energy in more positive activities and I tackle every task I go after with a ton of commitment and motivation so I KNOW I’ll be successful at it… no ifs ands or butts.

    Most people think, “Man, I hope this program isn’t a scam and works for me. If it doesn’t work, I’m going to return it and expose this “scammer”! “.

    I tend to think, “Man, I can’t wait to make this thing happen for me… I’ll grab a few things I can implement this week from it and I’ll work them until I see results. If I don’t see results it’s on me.” (and if the product ends up being a pile of crap, I’ll return it fast, get my money back, and find a better solution to the immediate problem I need solved… and won’t quit until I do).

    Alrighty… there y’all have it

    Thanks for reading through this 8 part novel… I’m sure I rambled a bit… but that’s what I tend to do when I’m passionate about something

    I welcome your comments (both the negative and positive)… and hope everyone can grab a few tidbits from this to learn from.

    Thanks!

    – Trevor

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