All Forum Posts by: Jonathan Greene

@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.

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.

@Vince LaSota I appreciate that. I think it's partly a lack of a sense of humor and just general bro and snowflake combos. It's not about anyone in particular. It clearly outlines what is and bro and why. What you descibe is very solid new investor work like many of us did and we all screwed up along the way. You are right to do your research and stand by your numbers instead of getting bro'd into a deal that isn't any good.

@Jim K. that's exactly it. Does anyone have a sense of humor? Of course it's mostly based on facts, but that doesn't make it less funny. The only people who don't think it's funny is those that don't laugh at themselves on a regular basis. If someone would hammer me back with something funny, I would laugh, but Bros don't do that. They just Internet flex and it's so boring. They can't even have any fun.

Have. Some. Fun. With. Yourself. On. The. Internet.

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Bro: <Comes up from his basement unit at home because he hasn't nailed his first mega-deal yet.> "Mom, you won't believe this. Experienced investors on the Internet are making fun of guys like me, but it's like satire, for overpaying and acting like a noob in forums. Should I fight him?"

Mom: "Fight him over the Internet?"

Bro: "It's just like really offensive. Where's the cereal? Ma, I told you I wanted Lucky Charms, not Fruity Pebbles."

Mom: "You're 29."

Bro: "Bro, stop."

Mom: "Was it Jonathan Greene again, with his Bro and Snowflake threads?"

Bro: "Yeah, of course."

Mom: "Well, he is just some guy you don't even know from the Internet so what do you care so much about it? Did he name you specifically?"

Bro: "No."

Mom: "Eat your cereal then. He is probably just a very mean person. Good looking, but really mean."

Bro: "Ma!"

You are already planning the right way because you know you need to save more to get ready. I would drive the areas you like often and see who is listing the types of homes you might buy. Then you can search them online and you can certainly look for an investor-friendly agent through BP, but when you announce that, everyone and their cousin's stepchild will come running. When you meet some agents, be very clear on your plan. If you have a streamlined plan then they can get on board if they work with investors. Agents may not want to start showing you now if you can't buy for eight months, but if you see any Open Houses for properties like you might buy (rarer for investment properties), hit those as well.

@Julian Michon you already have what it takes to be an asset to an investor who doesn't drive or direct market the areas you drive through. Birddogging will never die, just as real estate agents will never be scaled out because of all the new ways people think they can sell and buy houses. Many of the eager off-market sellers will always be older folks and SEO and PPC will never matter to them. Go to some local REI meetups, make some contacts. If you are always driving for work, will listen to what someone is looking for, and have been doing the research, you are in an ideal spot to birddog and learn and will be useful to someone who doesn't mail.

@Amelia McGee, I think that @Ralph Poirier nailed it. Parents as co-signers and sending in a cleaning company every two weeks to a month (also a semi-spy) are gold. If you are looking for MSU students, you could post just for graduate students at the school. The undergrads at MSU are actually very good tenants for the most part, but the graduate students are even better and there are many graduate programs there. I taught there for three years, graduate and undergraduate and you are safe with both if you follow the tips laid out.

@Roman Roy Barrett welcome to BP! Congratulations on starting your real estate investment journey. If you are in the market for blueberry pancakes, I know a guy who knows a guy where you can get them. There is also a coaching program on how to acquire blueberry pancakes and several webinars on the same. It seems like you are off to a great start.

Before you find the cash buyers, what's your pitch? What's your background? Do you have an off-market property acquisition system? What role do you want to play, just wholesaler? What expertise are you bringing to the table in finding properties? This is what they will want to know right away and better you have all of it pinned down so you don't lose a good opportunity when it comes alone.

Some MLS searches can search by cash purchases and you can use ListSource to build lists of all homes with no mortgages bought in the past year in a certain area. If you drive them or look on Zillow or the MLS, you will see which were flipped. Those are your local cash buyers.

@Steve Vaughan was that a riddle? If so, my answer is 7 and the doctor was the mom.

@Will C. Bro move #104 from the manual - Slide into the conversation after over 100 posts and try to hit the funny button to get some fist pounds and low fives. Shaka brah.