All Forum Posts by: Jonathan C.

Hi Jonah- can you send me the info on these? Numbers look good. Can provide proof of funds. PM or email at [email protected]

Thank you

Hi guys,

Have this deal in Newburg MD- 142 acres by the Potomac.

2 houses- 1 has squatters in it but is probably livable; other house tree fell on and is pretty trashed

There is an active well on the land; both houses are on septic

They would take something around $610K I think

If anyone is interested- either in buying or knows raw land and can partner with me to find buyer, please let me know.

Thanks

I'm interested in a DC meetup as well.

The purpose of giving seller cash EMD is to flash actual money and make the benefits of agreeing to sell to me then and there more tangible.

Anyone ever try anything like this?

@J Scott I see some other big investors in my area featuring their BBB accreditation in a lot of their marketing materials. I've also never been asked, but adding that into my site, marketing materials, etc at the least probably can't hurt, and may provide some minor incremental benefit.

@Alex Bejenaru very rough guess somewhere around 1%. Most of the stuff you get back is crap of course since most agents don't understand how an investor's numbers work. I think of it more as 'marketing/advertising' where I'm just staying in front of agents so they're more likely to think of me when they have something that's 'beat up'

Hey- anyone tried giving sellers a cash EMD of $1-2K at contract signing? Obviously there's risk here the person can't or won't follow through on transaction and takes your money, but in 50-60 wholesales I've done that hasn't happened more than a handful of times. I also plan on getting a legal doc drawn up that, while it will be almost impossible to enforce, at least makes sellers feel like they're on the hook to return if we don't close.

If I do it I was thinking doing it in 20s so it feels like a lot of money. Just took out $1K in 20s and the ATM and felt pretty cool just to have a stack of money like that. I want to give sellers a real, visceral reward for signing a contract with me. Think this may help me close a few more deals.

Anyone ever try or have any experience? 

I make an offer to just about everyone who calls me off my direct marketing. Even if we are $200K apart. I usually have my mail guy print it off and send to mail.

Sean Terry recommends this and it makes sense to me as well as when someone gets hard copy contract in mail becomes a lot more 'real' to them and more likely to take it seriously.

Couple heavy hitters weighing in on this one. Appreciate it guys

Not sure if anyone else has struggled like I have with getting BBB accreditation for their house flipping business. I've called couple of people multiple times about getting it and kept getting told they no longer accredit house flipping businesses.

Well out of the blue got a call from someone in what is basically their sales/marketing department selling me on becoming accredited. Needless to say I was like 'sign me up,' paid the $500 and got it done in like 10 minutes.

So if anyone else has struggled with it like I did, I'd suggest calling their sales/marketing department and not the actual accreditation department. Also feel free to PM and I'll send woman who contacted me phone number- can probably call her direct.