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All Forum Posts by: Jonathan Greene

Jonathan Greene has started 273 posts and replied 6486 times.

Post: Relisting flipped property on MLS

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Jason White the best way to get out ahead of those new buyers who might ask "what was done to make it X from Y" is to provide a full renovation list as part of the listing package that sits in the house for showings and the Open House. I like for all buyers to know ALL of the renovations that were done, floor to ceiling, soup to nuts. It helps them when they do go back and look. A good buyer's agent will explain this is how REI make money and that you spent a lot of money to make it new again.

Post: Why You Have To Be Willing To Walk Away To Close the Best Deals

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Terrell Garren I am the same. Retail agents always think it's a joke until you walk. I have also imposed this structure:

Offer is X for 24 hours. After that it is X-2% for 24 more hours. Etc.

I was a prosecutor for seven years a long time ago so my hard-line offer tactics go way back. The same as clearing up a docket of cases, it saves us time by making one offer and sticking to it. Once you get known for it, the agents on MLS deals know what to tell their clients. Once they also know you close, just as you said you would, and stand by all your conditions, it becomes much easier.

If I am seller and an investor keeps upping his or her offer when I say no, I will always think there is another ceiling or someone who will just make an offer and walk. The ones that keep up-bidding are usually the ones who try to get that up-bid back during inspection too.

Post: Why You Have To Be Willing To Walk Away To Close the Best Deals

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Eli Gilbert it gets easier. It's the hardest when you only have a couple deals or clients and that makes complete sense. But once you pass and they come back, it's way easier next time.

Post: BP is for beginners, BRO

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Isaac S. Bro rule 197.5 - Bros create echo chambers so that inside of them they can eventually make an ask of their new Bros.

Bro rule 212.3 - When responding to a post and when you want to get more Bro daps, @ people in your OP to bring more attention, but never, ever respond to the original OP when he drops back by. That could go badly, bro.

Those Bros are in every field, that is the whole point. It's not a complaint, it's a reality. 

The entire point of the thread has been proven over and over by all the Bros weighing in. No one was called out. No one was crying. No one needed business from the post. It. Is. Satire. and Sarcasm. Based on Facts in the Forum. This is why this is all so meta-Bro. Only Bro could keep going and going. The only reason I keep showing back up is because Bro keeps pressing the same button.

Post: The Rise (and Fall) of the Bro Investor

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Zachary Metler good value add.

Post: The Rise (and Fall) of the Bro Investor

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Jay Hinrichs I agree that the male-female team is ideal in many door knocking scenarios and home visits.

Post: The Rise (and Fall) of the Snowflake Investor

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Bill Goodland haha, I never, ever have anything to sell nor have I ever tried to on BP. My coaching is not for REI and never has been. I used to be a retail real estate coach. That's what everyone else is doing on here. I forgot, Bros don't research. I am not a pseudo-expert, my track record can be verified and researched. Sweet post though.

Post: The Rise (and Fall) of the Bro Investor

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Gardy Saturne I've never had it happen with a U & O agreement, but that agreement is your legal basis for the move and/or calling the sheriff. State-to-state you may have to file for eviction, but with the U & O as part of the sale agreement and a holdover, even in a tenant-friendly state, they should be sunk.

Post: BP is for beginners, BRO

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

@Javier D. thanks. My hair game is pretty solid for 48. What you said was the actual point of the original Bro post. Everyone who just wants to get "Good jobbed" is going to go broke when a downturn hits. Too many people think it's easy to make money and they listen to a lot of BS about you are winning at $100/profit per door. I wouldn't crap in a bucket for $100/door because what happens when a furnace breaks.

The funniest part about all the arguing about who is Bro and who is not is that there is plenty of knowledge inside the satire and responses. It's just too serious on here all that time and as you said, way too many people gassing each other up for coaching or some side hustle. True REI investors just close deals, day after day, they don't need a dap and a beer after. Ok, maybe the beer.

Post: Buying property on a septic tank

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,700
  • Votes 7,720

You have to get a full septic inspection and confirm whether or not it is close to end of life and/or has any current issues. Septic runs in areas around me where access is more limited so I see them a lot. Where I am a full new septic will run 30k minimum, it's a big job so you want to make sure all is good. I like the idea of how @Theresa Harris handled it with the seller, that is totally a fair split and shows both sides want the deal to close.