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All Forum Posts by: Abdul Jabbar Khan

Abdul Jabbar Khan has started 7 posts and replied 21 times.

Post: Whats the best strategy right now in Houston in this economy?

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

I am confused where to start should I buy and hold, fix and flip, wholesale, BRRR

This is my first one so I dont want to mess it up or loose my investors money.

Post: Best way to find comps for a property

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

I know that you can always call an agent to help you find comps. I was wondering what process that you guys used to help you with comps.

Post: Houston Real Estate Highlights in May

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

Great info thanks!  Would love to work with you if you have time.

Post: Appropriate Return on investment for investor

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

Hi guys, 

I am just starting out and I am going to ask a couple of family members to provide me the cash for my deals. What is the appropriate incentive to offer for them to put up the money?  I wanting to do a BUR strategy

Post: Anyone done a a lot of foreclosure deals?

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

@Abdul Jabbar Khan

Correction: the bank is saying the have multiple offers and calling for there best offer.

Post: Anyone done a a lot of foreclosure deals?

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

Hi guys,

I have gone through all the bigger pockets books and have been putting in offers for sometime.

This is the first one I have gotten some trAction on; the bank has come back with comeback with your best offer.

I think the ARV - $330k (do you agree?)

70% - ARV - $231,000

Repair budget - $20k

I put in an offer at $210k with financing.

Should I go lower and use hard money lenders?

This is my first house ever and don’t want to screw it up.

https://www.redfin.com/MO/Ballwin/2-Finlay-Flds-63021/home/93532968?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

If someone could just help me make sure I dot my it’s and cross my T’a on this one I would REALLY appreciate it.

Post: Presentation template for property investment

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

@Justin Schreibeis thanks

Post: Presentation template for property investment

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

Hello everyone,

I am looking at doing my first real estate deal and I am going to need some of my well to do friends to help invest.

I want to create a presentation for them to review for them to see the opportunity. Kind of like a pitch deck. Does anyone have any templates I can use???

Thanks

Post: Portfolio loans/Cash out refi in St. Louis

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

Any updates on this?

Post: What is the proper rent to home value ratio?

Abdul Jabbar KhanPosted
  • New to Real Estate
  • Houston, TX
  • Posts 21
  • Votes 3

@Darius Oglozath

Thanks for the response everyone. Of course the more the better but cash flow is highly adjustable with down payment, term, interest rate. There should be some ratio—- like if I bought a million dollar property and got $2k in rent I think everyone would agree that’s a bad deal.