All Forum Posts by: Mahad Fahieh

Just got it thanks a bunch!

Could you send me more info as well.  [email protected]

Thanks!

Hey Lauren, 

Can you also send me some info on it at [email protected].  Thanks!

Hey all,

I'm looking to purchase my first investment property in Cavalier, ND.  I've been spending the last couple days analyzing this deal (https://www.biggerpockets.com/calculators/shared/2...) and its pros/cons.  Here's what I have so far: 

Background: Cavalier is a small town (pop. of ~1500) in NE North Dakota, which is approximately 1.5 hours from the nearest large city (Grand Forks and Winnipeg).  It's also near Cavalier Air Force Base, where I'm stationed at the moment, but will be PCSing soon and don't anticipate on returning.

This, as you can imagine, poses a few problems, mainly related to support for the home (ie. property management, repair services, etc).  Between this and factoring taxes on gains, I'm having a hard time ruling this as a home run.  On the other hand, the numbers are solid and there's a constant need for housing amongst our members here on base, which is keeping my interest.

So I ask, am I crazy to consider this or is worth jumping on?  Any insight helps.  Thanks!

-Mahad 

Hey Sam!  Welcome to BP.  I agree with Austin.  Start learning as much as you can and, at the same time, begin taking steps to become a flipper.  Beware of analysis paralysis though, as that is one obstacle I'm facing as I'm beginning my journey.  Good luck and best wishes! 

Thanks a bunch @Chris Piper.  I'm just starting out so I'm not sure if the whole-selling thing will be my forte but I definitely think this is going to help down the road.

I'll take you up on that offer, thanks!  I'll definitely take a look and see if I can make it to one of the meet ups in June if not I'll be a regular when I'm back.  

I'm in the military so my next assignment is at Buckley AFB.  Aside from that, I miss CO a ton and want to be back with family and friends again.  

So how did you get involved with real estate and with 33 zen?  I just checked out your website and I really like what you all are doing.

@Dan Mackin Thanks!  I'm excited to get back home.  I'll be officially back in mid-September but I'm making a trip out there at the end of June to look for places to live (still deciding whether or not to buy or rent).  I definitely want to catch a meet up or two while I'm down there though.  When do you all usually get together?

@Ayodeji Kuponiyi Thanks!  I've definitely been studying a bunch already; reading a few books and have been listening to a lot of BP podcasts already.  I think I've got my niche somewhat narrowed down but I'm going to keep at it.  

Hey All, 

My name is Mahad and I've decided to jump in head first and take action...finally!  I'm in the process of moving back to my home town of Denver and am really excited to get started in real estate investing.  Look forward to meeting you all, helping out if I can, and learning/growing as much as I can!

Mahad