Jamel Gibbs’ REI Education Academy Review—Is Real Estate Investing Profitable in 2024?

June 21, 2024

REI Education Academy is an online real estate investing course by Jamel Gibbs. This training program teaches beginner and expert real estate investors, brokers, and entrepreneurs the key strategies to succeed in real estate investing. Jamel focuses on enabling potential students to learn market research, property evaluation, and funding alternatives.

According to Trading Economics, the United States homeownership rate from July to September 2022 increased by 66%. This means that many U.S. citizens and real estate investors are purchasing more properties. You can make significant money online using the real estate investing business model. However, succeeding in this industry requires considerable real estate knowledge, solid negotiation and property management skills, and marketing expertise. Self-studying can only advance you to an extent. That’s why some investors either join a real estate investing class or quit entirely.

Local lead generation offers a more stable source of monthly passive income. Unlike real estate investing, it’s easier to learn, set up, and scale. You manage digital real estate like websites instead of physical properties. By using SEO to rank your microsites higher on the search results page, you can drive high-quality leads. You can then forward these leads to local businesses and make a sizable monthly income.

REI Education Academy Review: Pros and Cons

Pros

Jamel Gibbs has a solid following on different social media platforms.

REI Education Academy’s videos, references, and documents are downloadable.

Jamel focuses on teaching real estate investing.

He has solid experience in the real estate industry.

Cons

REI Education Academy doesn’t have student testimonials on its website or other social media accounts.

The training course isn’t transparent with its prices.

REI Education Academy isn’t a coaching program. It’s only a self-paced online program.

The course has no overview of what modules or lessons it has.

Price

The cost of REI Education Academy is determined during the consultation call.

Training

REI Education Academy is self-paced.

Group

Jamel also offers paid access to his real estate investing Patreon community.

Refund Policy

The course has a 30-day money-back guarantee.

Origin

REI Education Academy started in January 2007.

Following

Jamel Gibbs has 108K YouTube subscribers, 25.7K Instagram followers, 4.4K Facebook followers, 3.7K Clubhouse followers, 1.3K TikTok followers, and a 4.8 rating on Apple Podcasts.

June 21, 2024

I eyed Jamel’s course for a long time before deciding to buy it. It cost me $97 to access the course, which provided excellent training. Midway into the training, I began receiving details on another coaching program. Although intrigued, I hesitated due to the high costs. They charge a nonrefundable $50 consultation fee and $10,000 for one-on-one coaching, plus a $297 monthly fee! What?? The course lacks reviews and clear pricing information.. I wouldn’t recommend it to those seeking additional info on real estate investing.

Debbie

3.0
3.0 out of 5 stars (based on 1 review)

What Do You Get With REI Education Academy?

You get online access to educational videos, references, documents, and a student dashboard with REI Education Academy. Their website only has limited information on the inclusions of the training course. However, they have special education programs depending on the needs and goals of the potential students. These programs are disclosed during the consultation call. Jamel Gibbs also offers a free REI quiz to determine the best real estate investing plan for you and to help you set up your online business.

Who is REI Education Academy for?

REI Education Academy is for aspiring and expert real estate investors. This course provides insight into learning real estate foundation knowledge, creating a success roadmap, and developing smart deal-closing strategies. It is for anyone interested in attaining professional development in real estate investing and making a stable monthly income.

Is REI Education Academy Worth It?

REI Education Academy can be worth it if you familiarize the real estate investing concepts, skills, techniques, and tips taught by Jamel Gibbs. According to Allied Market Research, the global real estate investment market is projected to grow at a Compound Annual Growth Rate (CAGR) of 10.7% from 2022 to 2031. This means that this industry is continuously getting bigger and more profitable. However, it is also important to consider digital real estate vs real estate. While traditional real estate is building up, digital real estate is also getting more popular.

REI Education Academy Testimonials

REI Education Academy has no student testimonials on its website and even on Jamel Gibbs’ social media accounts. Upon further research, this post on BiggerPockets by John Webster showed his honest comment about the course. There’s also a reply from Jamel Gibbs on the lower end of the comments section.

Who is the Owner of REI Education Academy?

Jamel Gibbs is the owner of REI Education Academy. He is a real estate investment coach and consultant, licensed real estate broker, financial mentor, trading specialist, and health & fitness enthusiast from Greensboro, North Carolina. Jamel is also the owner of Mill Street Properties LLC, a real estate investing firm. He is known for his Business & Investing Podcast.

Jamel started in the real estate investing industry through self-education. He made his first $1,500 by closing a deal after 13 months of effort. As the years passed, Jamel developed practical real estate investing strategies. This move drove him to build his own real estate investment education firm and a 7-figure real estate investing firm. He has helped about 175,000 real estate investors, brokers, and entrepreneurs succeed in this industry.

Why Do Real Estate Investors Fail?

  • No real estate investing foundational knowledge
  • No real estate investing success roadmap
  • Not enough funding
  • Not investing enough time and effort
  • Not considering a real estate wholesaling course or house flipping program
  • Not having the right real estate skills
  • Not monitoring market movements and buying behaviors
  • Trying every real estate investing strategy available
  • Unrealistic expectations

4 Tips To Succeed in Real Estate Investing

1. Educate Yourself

Self-education is crucial for acquiring helpful information about real estate investing. The more sources you have, the more diverse your potential knowledge will be. You can access lots of free content online (videos and blogs) from platforms like YouTube or WordPress, known in the digital age as “online schools”. Also, make sure your sources are credible.

2. Invest in a Good Course

You learn core concepts and key foundational knowledge when you join comprehensive real estate investment courses and programs. They teach you how to create a holistic success roadmap and the skills necessary for having a successful career in real estate investing. Blake Choisnet’s 90 Day Rental Roadmap is an example of a good real estate investing course.

3. Take Concrete Action

Real estate investing entails spending significant time and effort to learn the business model. You need to do property research, observe market shifts, and track the customers’ buying behavior. These concrete steps will give you fresh perspectives and in-depth insights into how the real estate industry performs.

4. Find a Knowledgeable and Experienced Mentor

Choose a real estate investing instructor with massive experience and knowledge. This step is essential because that person will guide you into solidifying all the ideas, practical information, and strategies you have learned. You need to create realistic expectations and timelines so you know what help you need and how you can succeed in the real estate industry.

Similar Real Estate Investing Articles and Course Reviews

  • Wealthy Investor Review - A thorough review of Ryan Pineda’s real estate investment coaching program that talks about real estate wholesaling, flipping, and rental arbitrage. It also features his Rookie and All Star Coaching Programs to show you how to make 6 to 7 figures monthly.
  • Is Wholesale Real Estate Worth It in 2023? - Yes. You can earn $5,000-$15,000 on average per wholesale deal because of its low-risk, low-cost nature. This article highlights the importance of understanding market value, interest rates, and property selection. Plus, diving into making money online with real estate deals even without a license.
  • The Fruitful Investor Review - This article focuses on Mat Piche’s real estate investing courses that help real estate entrepreneurs succeed in single-family investing, house flipping, private lending, and joint ventures. He also shares his own BRRRR strategy for long-term property appreciation and significant profit growth.
  • The Rona Proof System: This post discusses Tony Robinson's program on wholesaling real estate. It talks about a completely virtual way of closing deals.
  • First Responders Wealth Network Real Estate Investing Bootcamp: David Knight created a real estate investing training course to help first responders achieve financial freedom.
  • Fund Your Freedom Masterclass Review: This article discusses the free-of-charge Fund Your Freedom Masterclass by Ramel Newerls, Kenneth Smith, and Derek Boone. It covers the fundamentals of improving credit score and investing in real estate.
  • Cashflowpreneur - A course by Austin Zelan, Cashflowpreneur is about passive income business investment. It teaches students about which strategies are best, plus it provides regular coaching calls and investment opportunities. 

CONCLUSION: Is Real Estate Investing Profitable in 2024?

Real estate investing can be profitable in 2024. According to Statista, the number of homes sold in the United States decreased from 5.03 million transactions in 2022 to 4.3 million transactions in 2024. While there is a downward trend in property purchases, the appreciation of property value will continue to grow over time as per the Federal Reserve’s data. Additionally, rental conversions will surge by 5%-7% in 2024. This means that real estate investing can be a profitable venture in 2024.

The real estate investing business model is highly volatile, and your potential revenue can change due to market demands and a high level of competition. Local lead generation gives you more control of your monthly income and business growth. You can easily scale your earnings to up to $50,000 monthly by securing high-value leads. All you need is to create local service websites and rank them organically on Google. By forwarding these leads to local business owners, you generate 5 to 6 figures of passive income. And according to Statista, the digital local lead generation industry in the U.S. will reach $3.2 billion in 2024.

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His #1 online business recommendation in 2024, is to build your own lead generation business.

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    1. Hi Harold! Thanks for reading and taking the time to comment. I and the 7000+ students in our coaching group think the way we teach local lead gen is the best way to learn. But if you have questions or would like more information about our training program you can book a call and speak with one of our coaches who would be more than happy to help using this link: https://ippei.com/best/ Best of luck and look forward to connecting!

  1. I appreciate you leaving this overview of my company. Some of the information isn't 100% accurate, but you've done your research based on what's available. If you'd like to have a discussion about the information provided in this article, we'll be happy to provide the proper info.

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