Robert Graham
2.2K posts
Robert Graham
@robbygraham
Detroit Real Estate Investor / Self Storage Owner / Post Bar Detroit
Detroit, MI Katılım Nisan 2008
899 Takip Edilen1.2K Takipçiler
Both of my daughters told me they want to make pizzas this summer and learn ❤️
I’ll be posting a couple days beforehand when we do make the pizzas on current closed days.
I told them we will make 100 pizzas for 3 hours when we pick the days
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I'm going to go back to talking exclusively about factories and warehouses in the very near future.
But seeing people defend and deflect attention away from a grifter who has a poor understanding of real estate and only works 1 hour per day is baffling.
15M nuked and all the investors get is an apology tour long after it's gone.
Losses and mistakes happen. Stupidity is forever.
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Variable rate loan, sure. But “property taxes spiked” ??
You’re buying in TX and didn’t estimate for its well known step ups in property taxes?
(Lots of commercial building = more taxes for everyone)
Who is this guy.. I was on his IG for 5 minutes.. does no one do any due diligence?
Should anyone be surprised that a guy who has 500k followers but almost no engagement, that partners with *checks notes* “disrupt equity” lost their clients money? 🤔🥴
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Off to knock out 65ish miles on my bike cruising PCH in Newport Beach CA - what an absolute blessing. It is going to be gorgeous out.
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Everyone's dunking on Jacob. Wrong target
The real story here is one of the most incompetent pieces of listing agent representation I've seen in years
Most Realtors are good people, but the barrier to entry is the floor, and that lets a lot of operators in who'll twist the knife the second you hand it to them. Jacob TOLD this agent who he was. He openly walked the seller down on price, twice, over months. That's a flashing neon sign that says "bargain hunter, will keep cutting."
Any agent with real reps reads that instantly
A competent listing agent never lets a buyer like that tie up the property on a contingent offer. The counter writes itself: 7-day close, cash, no contingencies, non-refundable EM. Period.
Anything softer than that wasn't a negotiation. It was malpractice, and the seller paid for it.
Jacob Naviaux@Jacob_Naviaux
Fixer upper gets listed for $250k. I offer $180k with 3% commission — I’m a licensed agent and my company is the buyer. Plan is to wholesale it for $190k. Needs $75k in work and will be worth $320k after repairs. Listing agent says too low. 4 weeks later our CRM notifies me the list price dropped to $225k. I follow up. Agent still says $180k is too low. Another month goes by. CRM notifies me again — price drops to $210k. I follow up. Agent says they think it’ll work. I draft the offer, send it over, and it gets accepted. We price the deal at $190k and sell it — signed contract and EMD in hand. While we’re still in DD, I tell the agent my buyer needs a $20k price reduction to move forward, but they’re ready to wire EM and waive the rest of DD. Seller meets us halfway. Price drops to $170k. We make $25k. That’s the exact play we run wholesaling MLS properties.
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@robbygraham So good to have the neighbors on your side in these neighborhoods
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If you flip or hold in a rougher area, best thing you can do is go knock on the neighbor’s door.
Introduce yourself. Tell them you just bought the property next door, you’ll be renovating it, and then selling or leasing it.
Then ask them to keep an eye on it and reach out if they notice anything.
I’ve even agreed to pay neighbors that have asked to mow the lawn every couple weeks.
It costs you 10 minutes and a handshake. The goodwill you get back is worth way more than that.
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Reportedly the Tigers are Playing baseball?? Proud of them rn
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Kenley Jansen gives up a walk-off homer, and the Tigers lose again.
Orioles 5
Tigers 3
Final
#DNMW
GIF
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Cleveland real estate market is what Detroit was 10 years ago .
MERICA MEMED@Mericamemed
Now he realizes why it was $60,000
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Multiple parcels makes every real estate deal better
Who knows why?
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