Arizona Just Sued These Wholesalers -- Here’s Why It Matters | Astroflipping Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 2 April 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
In today's Wholesale Hotline (Astroflipping Edition) Jamil breaks down the explosive Arizona lawsuit where the Attorney General is suing wholesalers fraud, fake charities, and predatory tactics targeting distressed homeowners.
Show notes -- in this episode we'll cover:
- Jamil explains how these wholesalers misled homeowners into thinking they were working with a nonprofit or their lender, tricking them into signing away their home’s equity for pennies on the dollar.
- Why foreclosure would have been better for many victims—Jamil outlines how Arizona law protects homeowners in auction sales, unlike the deceptive “pay off your arrears” scam run by the accused.
- Jamil calls out unethical behavior in the industry, separating real wholesalers—who profit from creating value—from scammers who prey on the vulnerable.
- A new national Wholesalers Association is in the works, led by Jamil, Pace Morby, Brent Daniels, and others, aimed at creating a code of ethics to protect both the public and the future of wholesaling.
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☎️ Welcome to Wholesale Hotline & Astro Flipping breakout🚀👨🚀🚀👨🚀! ☎️
Jamil has been in real estate since 2002, since then he mastered the art of Wholesaling Real Estate. He successfully built KeyGlee, which is now a National Franchise with over 100+ employees, spanning 180 US markets.
Jamil also runs a mentorship called Astro Flipping where he mentors and educates hundreds of entrepreneurs on how they can be successful in their own Wholesaling business.
He is also the host/star of his own TV show on a nationwide television network, A&E. Triple Digit Flip showcases Jamil, his sister Rahima, best friend Pace, and their real estate agent Laura wholesaling and flipping houses all over Arizona.
Jamil is also the co-host of the fastest growing podcast on Wholesale Real estate called “Wholesale Hotline.” Additionally, he started his own podcast called “To the Moon” where he highlights student success. Above all things listed about Jamil, his mission in life is to impact as many lives as possible, and share the knowledge he has with those that have a desire to learn.
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🧑🚀 Tune in to Wholesale Hotline live on my YouTube every Monday 5pm MST
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Jamil’s YouTube: https://www.youtube.com/c/JamilDamji/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You are listening to an astro-flipping breakout with me Jamil Damge on the Wholesale Hotline |
| 0:07.0 | podcast. We want to know how we are doing, so give us a rating and leave us a review. |
| 0:13.0 | Today we're going to discuss a topic that I'm sure any of you who are in wholesale have heard |
| 0:18.4 | about recently happening here in Phoenix, Arizona, |
| 0:22.2 | the attorney general suing a group of wholesalers. We're going to get into that. I'm going to give you |
| 0:27.1 | my opinion. I'm going to tell you what I think happened, what went wrong, and who really is |
| 0:32.6 | at fault if this is a just or an unjust lawsuit. |
| 0:40.1 | All right, so let's dive into it. Now, you guys know that I have been an advocate |
| 0:42.2 | for ethical wholesaling. |
| 0:43.7 | I wrote a book on wholesaling for bigger pockets. |
| 0:46.3 | I have talked openly about the ethics of wholesaling |
| 0:49.7 | and why I am so against unethical practices |
| 0:52.4 | like lying and misleading people. |
| 0:55.1 | I also have always been an advocate for getting your real estate license. |
| 0:58.5 | And so the lawsuit that has just happened in Arizona, |
| 1:02.9 | where the Attorney General sued Gazelle investors, Cameron Jones, Sam Sutton, |
| 1:08.0 | and a host of title companies, including Magnus Title and American Title, |
| 1:12.4 | along with Fowler-Sinclair, a law firm, who many people know in the real estate industry, |
| 1:17.1 | for unethical, fraudulent, and predatory practices. And so I think it's really important for us |
| 1:23.3 | who are in the wholesale business to understand what happened and to look at our processes and our |
| 1:28.4 | systems and see if there's any corrections that need to be made, but also to understand the |
| 1:32.4 | overall ethics of what is transpiring in our business and if what we are doing is really |
... |
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