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All Forum Posts by: Jonathan Greene

Jonathan Greene has started 261 posts and replied 6374 times.

Post: Appraisers as leads for getting clients

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

Appraisers will never get you any business. Most appraisers are sent out by the mortgage company so how would they help you get sellers? If someone is hiring an appraiser for a pre-appraisal on their own property or for a mortgage adjustment, they already have an agent.

Seller leads are out there for you like @Christopher Phillips said - FSBO, expired, landlords who don't want to do it anymore.

Post: Real Estate Investor Meetup

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

@Justin R Melendez - yes, it's free and open to all investors, vendors, lenders, etc. Feel free to join us on WED 9/13.

Post: Any reason NOT to get my real estate license?

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

@Erin P. - good points made above by @John Knisely and I would add to that - if you are going to be an agent and do investments, you should have two completely separate business entities. I have a real estate team LLC and an investment LLC and they work independently, but on-market opportunities are funneled to my team. If we make an off-market deal straight with us and a seller, that's the investor entity. If we put together a deal for a seller and buyer, that is through my brokerage even if it's off-market as I can't get a commission or payment if it does not go through the brokerage. I hope this helps.

Post: File Sharing for Videos

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

I would just use private links on YouTube or Vimeo. Upload them and then send out the link and keep them private if you don't want others seeing them. If you want to send people the large file you can use mailbigfile.com.

Post: Question about Real Estate Brokerage

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

This is not a wise strategy. Not many states have full reciprocity and as others have said, your broker license should be in the state where you plan to do your business.

Post: How to get pre approved for a fha loan

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

@Chris Breezy - that could be an issue, but a good credit score with less history is much better than a checkered one!

Post: How to get pre approved for a fha loan

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

@Chris Breezy - It seems you want to know what you need to have on hand to get started. Here is a list of general items you may need from one of my verified lenders:

Personal

Driver's license or passport photo

Social Security card or Permanent Resident Alien Card

Divorce decree (if applicable)

Employment/Income

Federal income tax returns for 2015 & 2016. Provide complete federal return.

W-2 and/or 1099 forms for 2015 & 2016.

Pay stubs for the most recent 30 days with Year-To-Date (YTD) Income showing.

Proof of additional income, such as Social Security benefits, child support, or alimony (if applicable)

Letter From CPA confirming you have been self employed for at least the last 2 years (if self-employed)

Assets

Bank statements for checking and savings accounts for the last two months (internet activity

printouts are not acceptable). Please provide all pages, even any "intentionally left blank" pages.

Statements for retirement funds and other investments for the last two months

Liabilities

Listing agreement or sales contract for current home pending Sale (if applicable)

Property/Misc

Sales contract (purchase only)

Copy of most recent Mortgage Statement for any and all properties owned

Proof of homeowners insurance for any and all properties owned

Name/phone number/& Email address for Attorney and Realtor (if applicable)

Post: Looking for investor friendly broker in Orlando Area

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

@Krystopher Ferdinand - PM me and will connect you with an investor-friendly agent team in the Orlando area that may be able to help.

Post: Which RE Agency to work for?

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

@Christopher Phillips - yes and no, but I know what you are saying. The KW office that I worked for would not hire you unless you agreed so for newbies they agreed. There are other market centers around with lower caps so there are always options.

Post: Which RE Agency to work for?

Jonathan Greene
Professional Services
Pro Member
#1 New Member Introductions Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,579
  • Votes 7,477

@Christopher Phillips - not correct, each KW office is different. I worked for KW and was a Technology Ambassador there. Training was free at my prior office, but all new agents were required to opt-in to a 10% deal for a productivity coach who "required" them to attend all trainings. You could not get hired at that time without agreeing to the productivity coach.