Corey Gumbs

SOGumbsHoldings
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Screen Name: SOGumbsHoldings

Points: 40

Springfield Gardens, New York

United States

OFFLINE

Business Name: SO Gumbs Holdings, LLC

dontgetjerked(at)aol(dot)com

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My Details

Investment Type:	Wholesale
	Rehab
	Buy & Hold
Activity Level:	Beginner
Investing Since:	2007
Reason on REI:	Investor Networking
	Find Deals to Buy
Member Since:	05/09/2008
Last Login:	08/19/2008

Looking For

$.65 or less on the dollar type of properties - nationwide

Investors looking to be placed on my buyers list for up coming properties

Advice

Financing

To meet new and exciting people and to build a strong network of business partners.

Other Interests

Football/Sports

Video Games

Musician

Music Business

Politics

World News

Reading and learning new things

My Blogs

No blogs was posted by this user.

About Me

I am a 31 year old single father looking to provide his family with a great future. My current Just Over Broke (JOB) is a manager for a group home for people with developmental disabilities. I enjoy this job as it gives me rewards that money cant buy, but it will not provide the future Im looking for myself or my family. I would like to have the OPTION to choose to work it, not be forced to.

I love to spend time with my family, play sports (especially football), watch movies, listen to and play music (musician), hang out with friend, travel, and just enjoy life.

My Business

I am looking to get into all aspects of REI. I always like to aim for the stars and give myself as many advantages as possible.lol For right now Im concentrating on wholesaling and buying and holding. I might get into a little rehabbing but it will depend on the project.

At lot has happened to me over the past few months since I have joined the site.

I now have a partner and we have formed the company SO Gumbs Holdings, LLC. We are currently doing buy and hold homes in the Jackson, MS area and have recently closed on our first rented and cash-flowing home in July 2008. We are currently working on aquiring a second property in Jackson. I was hoping to have it closed by the end of Aug, but as we all know some recent bank changes slowed us down!!! But we got around it and are back on track.

My original goal was to have 5-10 homes in the Jackson area, but due to the recent mortgage changes in the area we are still aiming for our goal but are now looking to get to 5.lol We are also looking into doing some rehab work in the area as well. If you are interested in knowing more about the area (if you dont already) please feel free to contact me here or at: dontgetjerked@aol.com. I would be glad to help. :)

I will say that it has definitely been a learning experience from the beginning to the end and I know we have alot more to learn. Im looking forward to it as this has been a life changing event for me.

I am also working on aquiring Private Lenders so that I can be more creative in my deals, and aquire more properties not only in Jackson, but in other areas as well. If you have information to share in regards to this I would greatly be open to hearing it. :)

Corey

My Contacts

SOGumbsHoldings has 38 contacts

Colin	myloanclosedtoday	JohnCorey

Jeff_Tumbarello	ShortSale Law Firm	mzreckley

CMoneyDeals	CreativeGuy	RyanDehler

yam1321	jamesbuyshouses	Minx

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My Comments

From: CASHbuyersRus
12/09/2008

Hello Corey

Hope everything is well. If you are looking for properties we might be able to help you find what you are looking for. We are flooded with desperate sellers wanting to get out of their properties. We have more deals than we can possibly handle ourselves.

We will be willing to assign our contracts for pennies on the dollar to recoup our advertising costs.

We have properties nationwide with prices ranging from $5,000 to $500,000. Many of them need very little rehab. To cherry pick the deals you like the most use this link contact us with you info: http://www.CASHbuyersRus.com/wholesalebuyer.aspx

From: Erin
08/18/2008

$100,000 Per Month!!

Investors!!........... Mortgage Professionals!! ...........

...........Real Estate Agents!!

We now offer Note Purchases on SHORT Sales and REOs!!!!! FLIP AT CLOSING, USE OUR INVESTOR'S FUNDS TO BUY HOMES FROM BANKS AND THEN FLIP WITH "OWNER CARRIED NOTE" Which is SOLD AT CLOSING!!!

PLUS: Enjoy Joint Venture Profits. No Credit on your part!!!

Just Added: By joining at Platinum Level, you are receiving training as an investor so that you can FLIP homes using the Program. You receive the Gold level program AND the Platinum level training. You can also start earning more as a result of being at the Platinum Level.

(Click Here)

This is a 2 Tier Payment System, NOT an MLM. You earn on your team and on their team. All of your team members pass up 2 of their team members (1 & 4). In the example above, since Tim and Tom have been passed up to your team, they will, in turn, pass you their 1st and 4th sales. This process keeps occuring over and over. Of the $697 startup cost for Platinum Level, $600 is paid instantly to team leaders.

1.) Earn Full Profit Spreads on homes you flip!!
2.) Earn 1% of the loan purchased from every Homeowner that funds with our Temporary Seller Financing Program.
3.)Earn 1/2% percent of the loan purchased on any sales made by your team members.

Profits made by making Gold and Platinum Level Sales.

4.) Earn $400 on every Platinum sale made from your website with the exceptions of your first and fourth sales.
5.) Earn a $200.00 Bonus on every Platinum sale that any of your team members make.

This becomes a Residual Income that CONTINUESto come in each time anyone on your team brings Platinum members. It also means you earn $600on each of the 1st and 4th sales from ANY of your team sales to infinity!! PLUS, you earn the $200on EVERY sale made from EACH of your team members. Your 1st and 4th personal sales are not part of your team as they are passed up to your team leader and become part of their team.

~All of YOUR team members will Also pass up their 1st and 4th personal sales which is how YOUR team will grow as well, from the efforts of your team members.~

6.) You can use ANY pre-approved buyers from any of your own Gold team member's, to FLIP your OWN homes with; (after the original seller has their opportunity to sell to that buyer). Gold level team members are limited to earning only from the original homeowner that created the lead.

All additional pre-approved leads belong to you! This is the

KEY to building an enormous buyers list, ready to buy your next home!!!!!!!!!
7.) Earn $150.00when team members joins at the Gold level.

8.) Earn $400.00on every Platinum team member that joins through any of your own Gold team members. (Gold team members only earn when someone signs up at Gold Level. They must pass-up all Platinum members to you until they become a qualified Platinum Team Leader. You get to keep all passed up team members.)

So there you have it!!! AND you can TRY IT FOR FREE!!!!!

CLICK HERE!

From: Brian Lucier
05/17/2008

Hi Corey,

Welcome to the community. Please accept my invitation to be connections. I am mostly buy & hold bu t always open to learn new things. I'll be checking out your site soon. Looking forward to finding out a little more about you.

THIS IS BY FAR THE BEST REI web site I've found! You will find blogs for everyone from beginner to serious investors! It is so easy to customize your profile, make connections, edit content, you’re your own groups, add your own blogs, and build your RE network.

I have also created all for all of the users of this site FREE REI.com buttons to create SEO for this site. Just visit my profile and grab all the buttons you want and put them on your site linking back to REI.com. Looking forward to your future success.

Brian Lucier

From: Property Seeker
05/11/2008

Thanks for the add. I will def. Add you to my buyers list. Look out for my email. I'd like to know what your looking for in a property and what your buyers are looking for. Im def looking forward to closing deals with you. Lets make money!!!

Annette Santana

From: JohnBoy
05/11/2008

Welcome to the REI community. Whether you are new to investing or an old pro, there is something useful for everyone here. So jump in and get involved. Glad you're here.