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All Forum Posts by: Mohammed Rahman

Mohammed Rahman has started 33 posts and replied 1555 times.

Post: Seeking Internship or Mentorship opportunities to learn Real Estate

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Hey @Adama Jammeh - great for putting yourself out there! 

I'm actually looking to have someone come on the team and help part-time. Shoot me a DM if you're still interested thanks. 

Post: Hello from new member!

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Welcome aboard @Myriam Philion-Roberge!

Post: Brooklyn Foreclosure - Potential Red Flags?

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Hey @Isadore Nelson - I'd bet my life savings on the fact that there's multiple reasons why other investors haven't scooped this up yet. 

Keep in mind, most offmarket/distressed deals are traded offmarket before they even hit the auction block. If it's made publicly available, understand that most investors have already passed on it. 

Does it mean its a bad deal? Not at all. A bad deal to one, is a good deal to someone else. 

I'm pretty active in Brooklyn and have closed multiple multifamily buildings, with the most recent happening a few days ago 11/26 @ $1.55M. 

Shoot me a text or DM and I can give my $0.02 on it after reviewing the deal - thanks and good luck to you! 

Post: Aspiring Real Estate Agent

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

I did NYREI - you can't go wrong with it. @KJay Bratcher

Most of the online education and in-class education about the material is mindnumbing and you won't be using 95% of it in your day to day LOL! 

Get a cheap course, join a good brokerage that has enough full time agents that will help you by taking you under their wing - that is going to teach you more than the course you buy and take. 

Post: Aspiring Real Estate Agent

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Hey @KJay Bratcher - good luck on your real estate journey! 

There's a bunch of online courses available, look for the ones that offer the self-paced $100-$150 courses. 

A lot of them charge much higher and include extra "material" but if my experience tells m anything, you won't need that. 

Take the basic course requirements, complete the modules, and when its time to register for the state exam you can order a real estate exam question workbook from Amazon and use that to practice. 

Post: Looking for a Hard Money Lender for 1.3m acquisition + 1m rehab (NYC)

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Hey @Joe Allen - have you handled projects yourself before? Aka as an operator not a GC?

Anyways shoot me a text and I'll put you in touch with a couple guys i've worked with thanks. 

Post: What are common landlord expenses, and who covers them? Landlord or tenant?

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Hey@David Ounanian,

Great list! It will be helpful for others to know this. 

Post: New real estate investor recommendations

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Hey @Fiona Layne-Germin,

Check out house hacking, which is great for equity and REITs for the exposure. 

Post: is an LLC necessary?

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Hi @Brandon Morgan,

Congrats on getting your first property rented out! Huge milestone. An LLC isn't necessary when starting, in the long term, it may be worth exploring. Explore insurance options as well!

Post: New Member!! Excited To Network, Learn, and Grow!!

Mohammed Rahman
Agent
Posted
  • Real Estate Broker
  • New York, NY
  • Posts 1,608
  • Votes 818

Welcome @Terrance Teague!

Cheers to that! Welcome to BP.