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All Forum Posts by: Asif Mohammad

Asif Mohammad has started 2 posts and replied 5 times.

Post: Real Estate Attorney in Oklahoma

Asif MohammadPosted
  • Rental Property Investor
  • Allen, TX
  • Posts 7
  • Votes 2

@Tarah Fernandes

Just curious whether you have got any reply on attorney recommendation. I have similar requirement, can i reach out to you directly?

Post: Managing STR from long distance

Asif MohammadPosted
  • Rental Property Investor
  • Allen, TX
  • Posts 7
  • Votes 2

Thank You all for responding.

Looks like finding good cleaners, handyman and trusting them and taking care of them well is key. Other than them do we have to hire any manager to check between checkout-checkin to make sure? Not sure how to find someone to do this part time every time guests checkout to make sure we have no major property damages etc., 

Post: Managing STR from long distance

Asif MohammadPosted
  • Rental Property Investor
  • Allen, TX
  • Posts 7
  • Votes 2

Hello All - I just wanted to ask how many of you guys are actively maintaining their Short Term Rental investments far away from your primary residence. We're considering to buy a Cabin in Broken Bow, OK about 3hrs from Dallas but i’m a bit concerned that we won't be there if something bad happens, how to find a cleaners, handyman etc., i dont want to pay 30-35% to PM.

What are the experiences\challenges have you guys faced?

-Asif

Post: Cities to invest in Texas

Asif MohammadPosted
  • Rental Property Investor
  • Allen, TX
  • Posts 7
  • Votes 2

@Noah Swank i heard about it but for now i would like to invest in Texas state first and may be in 2 years i will consider out of state as well.

All the cities mentioned above are all in Texas state.

Post: Cities to invest in Texas

Asif MohammadPosted
  • Rental Property Investor
  • Allen, TX
  • Posts 7
  • Votes 2

Hello All,

My name is Asif Mohammad, from Allen, TX.

I'm new to BP and Real Estate investment, i have been reading and following BP podcasts, looks like most of them got their success during the period of 2009 - 2015. What i'm wondering is how to find the deals which qualifies for 1%+ rule and to do BRRRR? I have all the real estate apps on my phone...

Based on my research following cities SFH prices are some what in my price range, which may qualify for 1% rule, but i would like to know from you all and your recommendations and most importantly how to find the deals? Wholesalers only the option or are there any?

1) Sherman

2) Denison

3) Wichita Falls

4) Temple

5) Waco

Last 3 cities are 2hrs drive from my place, in that case i may need good PM to manage, is it good idea to have PM manage your first few properties or better you manage? So you can learn many things.