All Forum Posts by: Emran Chowdhury

Welcome to BD Zack.

I focus on long term single family homes investment. Happy to be connected to fellow BP members.

Good luck!

Market crash is the problem for the house flippers if they pay too much price.

If you are making good cash flow, market price doesn't have any effect on you unless you will need to sell the house. This is the reason I only invest in long term single family homes with at least 10% cash on cash return & stable cash flow.

What is the question?

Welcome to BP Danny. You are in the right place to learn all about real estate investment.

What type of investments you are interested about?

Good luck !

Why your client is not doing the flip?

Seems a good deal to pass for your client.

Real estate investment is more art than actual science. You will never have actual values like exact rent or sale price for any specific property. What I do to overcome these scenarios as follows:

- Calculate rent estimates from Zillow, Redfin & RentApp & find the average

- For sales comp, I usually increase the radius way more than 0.5 mile. Try increasing to 2miles, then 5 miles and last 6 months to 12 months

- I always take conservative calculation and leave a good margin of safety. If you are cutting too close, you will lose money in the deal

- Walk away from the deal if number doesn't make sense, I reject almost 90% of the deals bcz number doesn't make sense

- Just think about how you can't lose money in the deal

These are the steps served me well in building a decent real estate portfolio. Hopefully those will be helpful for you too.

Welcome to BP Aaron. You are in the right place to learn all the things about real estate investment. I mainly focus on long term single family homes for my investment portfolio.
See you around.

Good luck!

If you get a good deal on the price, my suggestion would be the second route to finish the renovation and try to sell. If I were you, most likely I would do BRRR and keep that as long term rental if number makes sense.

I never try to time the market, if the numbers do not make sense without appreciation - I skip the deals. This strategy served me well in the past, never losing money in the deal. And I saw all these crazy predictions about growth, appreciation, upcoming neighborhood, new businesses coming to town - lose lot of money in one way or the another.

First you tell me how you will filter out the owners who don't want to be contacted through cold call, sms and anything of the sorts. I own more than 20 properties, and I get dozens of calls weekly about selling them. The wholesalers or the property buyers didn't even bother to check the do not call registry before calling. That left me only one option to report those calls as spam & block those numbers.