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All Forum Posts by: Jerry Brown

Jerry Brown has started 5 posts and replied 25 times.

Post: *****Walking in to CASH FLOW*****

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

Already rented @ $1400, this 5br/1.5ba property needs a new owner! Other resale homes on the block are listed at $90k+, so why not get in while I'm feeling half crazy!! Click the link below for Bigger Pockets' rental calculator, based on $65k purchase price. 

Chicago Cash Flow

Asking $60k, cash - will consider all reasonable offers. 

Email [email protected] for details!!

Post: Closing a Wholesale Contract in Illinois: DO YOU NEED AN ATTORNEY?

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

@Paul Z. The almighty billable hours... Do you mind sharing what attorney you've used? 

Post: Closing a Wholesale Contract in Illinois: DO YOU NEED AN ATTORNEY?

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

@Paul Z. I'm in IL too, and I'm super curious to know which contract you used for your wholesale deals. My attorney says to use the Realtor contract, but since I am a Realtor, I'm a little leary...

Post: Crazy Guy in Chicago ((Practically) Giving Away Properties

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

*****HOLY COW - CASH COW THAT IS!!!! *****

Sky high cap rap rates you say?? 3 Unit Fixer-Upper/Handyman special ((link)), gutted to the studs with brand new plumbing & electrical already done. Looking for a quick sale, seller financing available as well... So stop reading and call or email today!

Post: It has been 8 months since I left my job and.....

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

@Brie Schmidt I'm so glad I saw this post today; I've been fighting with myself for a month whether to quit or not, and I believe this was the sign I needed. Thank you, thank you, THANK YOU, and I'd like to talk brokerage with you too - I'm licensed in IL as well...

Post: Best way to cheaply hold license in Chicago area?

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

Exit Realty Redefined in Wheaton is amazing. Best brokerage I've been with. I encourage every licensee to check it out here.

Post: Should I Wholesale or Look to Fix-N-Flip This Property

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

Do a bunch of "C's" until you can fund a "B" for yourself. Then take those profits & be an "Option A" for other people in these situations. As your're seeing 1st hand - private money lending is necessary and can be profitable...

Post: Pricing a SFR Englewood neighborhood, Chicago, IL

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

I've invested in the area before, and as some have said - it's pretty hit or miss. From block to block, it can vary greatly... If you'd like, I'd be more than happy to give my opinion, free of charge. Send me an email or PM and I'll do what I do best!

Post: Looking For An Investor-Friendly Agent

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

Mr. Moderator, I am a licensed broker in the state of IL. I have 2 offices in Chicago, and one in Wheaton. That said, I'm recommending myself to Mr. Barnes.

Post: Started as a fix and flip, ended up a wholesale deal

Jerry BrownPosted
  • The Real Estate Guy
  • Chicago, IL
  • Posts 27
  • Votes 4

I love to hear stories about "mistakes." They're nothing more than learning experiences... I'm glad you got out (in the black nonetheless), and can't wait to hear the next episode!