All Forum Posts by: Kenny Kamdoum

Hey I would like to connect with you and learn more about this. Please DM me. 

@Lamar Robinson Thanks a lot man. I came to the conclusion that i will put in more time for my Marketing. I want to tell you not to give up as well. We got this!

Hey Guys, my name is Kenny Kamdoum. I have been trying a couple of different niches in real estate. The one that really stuck with me at the moment is Wholesaling. I make sense to me in this chapter of my life. I am have some trouble though. Since March, i have been working on getting my first deal.I have cold called, D4D, and sent out mailers. My main source of marketing is Cold Calling. Every week i spend at least 1hr cold calling because i work a full time job (60hrs a week). My question is, is the reason why i have gotten a deal yet because i am not putting a lot of hours into it? Could it be something else like my marketing? I got a couple leads but they are not really motivated leads because they want to much for their property. 

Wow, what a story. Congrats @Abraham Anderson. Keep it up!

Hello Fellow investors. I started a small direct mail marketing campaign of about 480 letters and i wanted another way to reach them. Skip Tracing came into mind and i wanted to get your professional opinion about which one i should use. I am on a fixed budget so i don't need something that is too expensive. Please feel free to drop the service that you all use as well as your experience using it (ie. how accurate is it, do they offer bulk pricing, etc...) 

Also if you have other ways to reach your people feel free to share it :)

Thank You.

Hey Guys, i have a property in Baltimore Zip code 21224 and while analyzing it, it makes perfect sense if i can buy it Seller Financing but if it's conventional 25% down then the cash on cash is very low. The numbers are,

Purchase Price: $90,000.00 Purchase Closing Costs: $1,500.00 Estimated Repair Costs: $5,000.00 Total Cost of Project: $96,500.00 After Repair Value $90,000.00

I said the ARV is still worth 90k bc properties in that area are not valued very high. The owner owns 90k on the house so it's not like i have any room to negotiate a different deal. My questions is how do i know if the location is good since in Baltimore some streets are good and others are really bad. The owner had a long term tenant in there for about 12yrs at rents of 925 but market rents are about 1100 so if i do some rehabs, i may be able to push rents. This will be my first investments so i want to make sure that i am looking at the right places. What are things i need to verify to secure this as a good investment?

I think that location also has a big impact on how much per door you can make. Because we can get all excited reading the numbers that people post but have no idea how much headaches they have to go through to get to that number. I’m new still but this is a great post so I know a little bit of what to expect from my investments.

@Levi T.sweet deal man. And I agree, 100 doors at 200+ is much better that 10 doors at 900. I see you also buy MF, how much per door do you get with those type of deals?

@Russell Brazil If you don’t mind me asking, how long did it take you to get to that amount per month?

@Bjorik Mutize I completely agree with you. I used to think that it would just be enough for me to contact them once and have them put me on a list but i have quickly realized that it doesnt work that way. I will work on building a relationship with these brokers and be top of mind. Thanks for the feedback.