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All Forum Posts by: Lamar Dixon

Lamar Dixon has started 1 posts and replied 3 times.

Post: Greetings from Dubai, I'm Lamar!

Lamar DixonPosted
  • New to Real Estate
  • International
  • Posts 3
  • Votes 0
Originally posted by @Alan C.:

Congrats on you new deal!

Where is the property located?

My biggest piece of advice would be very careful doing rehabs from another country. Even the best of partners can get sloppy, lazy, or even greedy (as in cooking the books) if no one is looking over their shoulder.

I'm a full-time wholesaler who has done about every type of residential transaction that you can think of, including rehabbing/flipping, renting and owner financing.

I'm also co-founder and president of a local investor group.

Feel free to contact me about Baltimore-DC area real estate.

Thanks for reaching out Alan. The property was in Northwest, TV Hill area. We purchased at auction. I hear you on my situation. We need to redo our operating agreement once I'm stateside again (whenever the COVID situation subsides) as we look to scale, but I'm comfortable at the moment. I have another partner in the Atlanta area as well and need to do the same there.  Look forward to learning from your expertise and checking out any resources you may be able to point me toward. 

Post: Greetings from Dubai, I'm Lamar!

Lamar DixonPosted
  • New to Real Estate
  • International
  • Posts 3
  • Votes 0
Originally posted by @Stephen Kehoe:

Welcome Lamar, 

Yeah I think there will be some deals coming as soon as this temporary sellers market subsides. I spent a lot of time in the Jumeirah Beach area and miss it dearly.

 Thanks Stephen. We're in a holding pattern for the moment and plotting on our next deal in the Baltimore area given what you describe.  We want to make money of course, but are passionate about our city and want help it reach its potential after too much of a downtime. 

Post: Greetings from Dubai, I'm Lamar!

Lamar DixonPosted
  • New to Real Estate
  • International
  • Posts 3
  • Votes 0

Hello all, I'm Lamar - a new investor looking to soak up knowledge and learn the real estate game from the good people of BiggerPockets.  Originally from Baltimore, MD, but living in Dubai, UAE at the moment.  

Aside from a rental property I own, I recently closed on my first deal - a fix and flip working with a partner stateside. I provided the initial cash and we worked with a hard money lender for the remainder, while he managed the renovations. 

I'm looking to step my investment game up both with my partnership and personally as I enjoy tax free living abroad. I've been doing some homework watching Brandon's videos and listening to the podcasts, as well as taking notes from other outlets. Have been watching the US market closely in these turbulent times as we look toward our next deal and refine processes.

My position is a bit unique in investing remotely, but I'm up to the challenge. Glad to be here and look forward to connecting and learning from all of you.