Jerry Green is a native of Ohio and currently lives in Germantown Ohio, with his wife of 17 years and their 4 children.
He started in the REI Business in 1994 after going through bankruptcy in Springfield Ohio. He began by wholesaling properties and then merged into Fix and Flips.
Since that time he has been involved with doing over 1,500 deals including fix and flips of single and multifamily rentals, and commercial properties.
He soon realized there was a big difference between just being in REI and actually running a real business. So after multiple failures, millions of dollars in mistakes, and through personal tragedy, he was able to build a true, scalable, REI Business.
Now he works as the CEO of his REI Business but is operationally removed from the business as a whole. He does a high volume of wholesale deals, which are all done Virtually.
Jerry now spends his time helping others learn the REI Business. He teaches them how to build and scale their businesses and show them how to master their Acquisition.
Click on this link to watch the complete episode: https://youtu.be/Kg7PfFcm_aQ – “ Virtual Wholesaling in Real Estate with Jay Conner & Jerry Green”
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Jay Conner has been investing in Real Estate for over 15 years. He typically makes 2 deals a month. He has bought and sold over 400 homes.
He had an 800 credit score and the bank closed his LOC. He needed to find a new source of funding. In the past eight years, Jay has never missed a deal because of funding.
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Jay Conner:
But first of all, let’s let everybody hear your story. What is the Jerry Green story?
Jerry Green:
Just kind of take it back a little bit, Jay, on things. I, as you said there, I started in the business the actually in 1994 going on 27 years in the business when I was actually put in, I was cut out. I always say I was put into the business and I kind of tie that in with being in a position where I actually went through a bankruptcy back in about 1993. And then I was in a position where I literally had zero income on things. And if you remember back in those days too, Jay, I mean, we didn’t, we just, we didn’t get notices on our phones and stuff like that about Facebook alerts or anything else about events or, you know, anybody offering anything. It was pretty well on TV or it was in the newspaper.
So I heard about a real estate seminar in Cincinnati, Ohio. It was actually Charles Gibbons back in those days. And I went to that event and sit there for three days, listen to a lot of different things and realized that I really wanted to do this business. But at the same time, I was like, you know, like anybody does in this business when you first get started, you know, wondering how can this be true? How can you do this? And, you know, I left that event trying to think what I wanted to do. Of course, one of the things I went back and done Jay, first thing was asked my family what I should do. And what do you think they told me to do? Go out and get a job.
Jay Conner:
That real estate investing thing is a scam, nothing to it.
You’re gonna lose your money and we call them the naysayers.
Jerry Green:
Hundred percent. That’s exactly what they said. You know, it’s like go out and get a job. Now you just need to do that. You need the benefits and all this type of thing there and so. Anyways, I, you know, looked at that and I said, okay, I, you know, other people can do this. Why can’t I do it in the same time, I thought, what do I have to lose? I just lost it all. So I decided to really, you know, try to drill down on this. And the interesting thing too Jay on this, I ended up hiring a mentor right after that, when I met at the three-day event. And a lot of people say, well, how did you hire the mentor? I actually borrowed my mom and dad’s credit cards. And that’s how I got started in the business.
And then I started focusing on really, I had to generate cash cause I’d take care of my family. I put food on the table. So I started going out and wholesaling. This was over in Springfield, Ohio. And literally I went out and just started hitting the ground, running from really property, the property on things, Jay, just really total grind mode. And I was just finding deals, wholesale them. Cause I had to always call it chunk money. I had to put those chance to the bank so I could take care of my obligations. And that’s really how it all started. And I started building from there and just continued to grow. Then I get into the rehab side of the business, continued to grow that and went through a lot of different developments over the years as I moved forward. And I’m kind of evolving and a lot of mistakes.
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