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All Forum Posts by: Amir Hamood

Amir Hamood has started 2 posts and replied 3 times.

Post: Hesperia SFR Buy and Hold

Amir HamoodPosted
  • Rental Property Investor
  • Orange, CA
  • Posts 3
  • Votes 1

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $201,000
Cash invested: $210,000

Buy & Hold purchased with renovation already completed at 71% market value. Rented for $2,000 / Month. Spent $2,300 on paint, a glass shower door and other misc holding costs.

How did you find this deal and how did you negotiate it?

Found this deal by reaching out directly to the seller through text blasts.

How did you finance this deal?

Private money

How did you add value to the deal?

Property was already completely rehabbed.

What was the outcome?

Cash flowing about $800/ month with none of my own money invested.

Post: List Source List

Amir HamoodPosted
  • Rental Property Investor
  • Orange, CA
  • Posts 3
  • Votes 1

Check out this YouTube Video. Helped me get started!

https://www.youtube.com/watch?v=Fmh9fnJOtL4

Post: Joshua Tree, CA Flip

Amir HamoodPosted
  • Rental Property Investor
  • Orange, CA
  • Posts 3
  • Votes 1

Investment Info:

Single-family residence fix & flip investment in Joshua Tree.

Purchase price: $105,000
Cash invested: $195,000
Sale price: $325,000

SFR, complete gut and new construction adding 496 sq ft to the home.

How did you find this deal and how did you negotiate it?

Referral from contractor

How did you finance this deal?

Cash

How did you add value to the deal?

Added 496 sq ft to the master bedroom

Lessons learned? Challenges?

I learned how to effectively execute new construction.