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All Forum Posts by: Huthaifa Afanah

Huthaifa Afanah has started 4 posts and replied 10 times.

Post: Move in ready vs renovate

Huthaifa AfanahPosted
  • Engineer
  • Dubai
  • Posts 12
  • Votes 4

It depends on your financial position and your competencies. 

1. If you have extra cash then maybe buy/renovations should make you more money but be aware that you will lose few months of income while you are doing the renovations.

2. Do your research and get as much accurate estimates for the renovations costs. You don't want to lose the deal cost advantage on renovation costs.

3. Make sure that you are ready, prepared and have the needed knowledge to deal with handymen and contractors if you are hiring them to do the renovations.

4. Ready to move units, maybe will come at high price but will be less stressful and give the chance to have access to immediate income/revenue. 

Hope that helps.

@Linda Liberatorewhen you say "report by name" do you mean the name of the tenant? so all in all nobody assigns names/titles to units right?

Any answers for this? Thanks in advance 

Hi all, 
I would like to know how BP members are managing their portfolio of units in terms of identifying them. Do you use address? Codes/Numbers? or titles?

Thanks all

Thanks all for your informative responses, so besides tasks with physical nature what kind of office work tasks that consume much of a Landlord precious time? 

Hi all,
I would like to hear from you what is the most time consuming part of your Landlording activities through your experience?

Originally posted by @Jeremy Tillotson:

@Huthaifa AfanahI track everything by unit, you should look at rent manager and see what they do, I prefer it, but still need quickbooks for everything else. 

 Thanks @Jeremy Tillotson; does that mean when you think of how money you collected or a tenant owe you for a certain unit .. you go for the unit and check from there not from the lease perspective?

Hi all, 

As a landlord who have multiple units and rent them: how do you usually index or organize your units? How do you arrange the whole portfolio (renting, expenses, income, maintenance) issues in your mind now? Are you indexing it per unit? Or per lease?

Do you navigate data -in your mind- by units or leases?

Thanks in advance

Post: Hi all, New Member from Jerusalem

Huthaifa AfanahPosted
  • Engineer
  • Dubai
  • Posts 12
  • Votes 4

Thanks all for nice and warm welcoming .. @Johan sure I'll get in touch .. @Linval thanks for informative resources 

Post: Hi all, New Member from Jerusalem

Huthaifa AfanahPosted
  • Engineer
  • Dubai
  • Posts 12
  • Votes 4

Hi all,

My name is Huthaifa Afanah. I'm a technologist & entrepreneur coming from software engineering background. I'm interested to learn more about RealEstate investing and landlording.

Since last year I'm working on a RealEstate startup idea. BP is a great place to get first-hand know-how from people who been their done that. 

I hope that BP will also help to bring my startup a co-founder who is coming with savvy RealEstate & RealEstate investing experience on board. 

Thanks 

Huthaifa