All Forum Posts by: Mahde Atmna

Hello everyone,

I’m an out-of-state investor looking for a lender specializing in loans for non-residents in Columbus, OH.

I would greatly appreciate any referrals. Thanks in advance 

Greetings everyone,

Im looking for a professional wholesaler in columbus, oh

single family homes to rehab and flip, any sort of help or referral would be very much appreciated.

best regards,

Mahde

Quote from @Alfath Ahmed:

Quote from @Mahde Atmna:

Greetings, friends,

I hope this message finds you well. I am currently seeking a reliable contractor and an experienced inspector to collaborate with in Columbus, Ohio. I am in search of professionals who not only exhibit expertise but also possess the qualities of reliability and professionalism. Additionally, I value the opportunity to build a strong working relationship that extends beyond business, allowing us to grow together.

If any of you have recommendations for contractors or inspectors who fit this description, I would greatly appreciate your input. Please don't hesitate to reach out to me at [email protected] or (973) 249-1811.

Best regards, Mahde

 I can send over my referral list of contractors that have done good work at a good price!

 Thanks alot that would be awesome.

Quote from @Jimmy Lieu:

Quote from @Mahde Atmna:

Greetings, friends,

I hope this message finds you well. I am currently seeking a reliable contractor and an experienced inspector to collaborate with in Columbus, Ohio. I am in search of professionals who not only exhibit expertise but also possess the qualities of reliability and professionalism. Additionally, I value the opportunity to build a strong working relationship that extends beyond business, allowing us to grow together.

If any of you have recommendations for contractors or inspectors who fit this description, I would greatly appreciate your input. Please don't hesitate to reach out to me at [email protected] or (973) 249-1811.

Best regards, Mahde

 Hi Mahde, I have worked with a lot of great inspectors and contractors that charge reasonable rates and provide excellent service, and I would love to recommend them to you. As an investor and agent here in Columbus Ohio, let me know if you have any questions or want to connect!

 Thanks Jimmy, that would be great!!

Quote from @Remington Lyman:

Quote from @Mahde Atmna:

Greetings, friends,

I hope this message finds you well. I am currently seeking a reliable contractor and an experienced inspector to collaborate with in Columbus, Ohio. I am in search of professionals who not only exhibit expertise but also possess the qualities of reliability and professionalism. Additionally, I value the opportunity to build a strong working relationship that extends beyond business, allowing us to grow together.

If any of you have recommendations for contractors or inspectors who fit this description, I would greatly appreciate your input. Please don't hesitate to reach out to me at [email protected] or (973) 249-1811.

Best regards, Mahde

 I can send you some referrals to Columbus

 Thanks alot Remington that would be much appreciated 

Greetings, friends,

I hope this message finds you well. I am currently seeking a reliable contractor and an experienced inspector to collaborate with in Columbus, Ohio. I am in search of professionals who not only exhibit expertise but also possess the qualities of reliability and professionalism. Additionally, I value the opportunity to build a strong working relationship that extends beyond business, allowing us to grow together.

If any of you have recommendations for contractors or inspectors who fit this description, I would greatly appreciate your input. Please don't hesitate to reach out to me at [email protected] or (973) 249-1811.

Best regards, Mahde

Quote from @Jaron Walling:

@Mahde Atmna Please tell us if you used AI or actually typed this post??... appreciated. 

Everything matters. What is the property type, condition, location, and square footage?

Location is everything. If you can't accurately find SOLD comps how can you justify the investment to get the ARV? This is a common issue with remote/rural RE. If the strategy is flipping this property think about your exit and end buyer. If it's a rental think about the ROI, potential cash-flow, and tenant pool. Think about your rental requirements. Outside of the major metros some property just don't rent. RE prices far out way the market rent.

We avoid the unknowns. If we can't find SOLD comps or get access to the inside (auction, sheriff sale, etc.) that's added risk. I'm baking that into my offer or max bid. Period. 

Thanks a bunch for the advice jaron
Yes i wrote this by myself, though i do use the help of AI since english isn’t my first language, it helps improve my language skills and prevent me from making mistakes.

Hello esteemed colleagues

I hope this message finds you well. I am writing to seek your expert insights and guidance regarding a property analysis I am conducting for an upcoming auction. While I have been able to gather valuable data on the surrounding area's property sales, I am faced with a challenge in calculating the After Repair Value (ARV) due to the absence of recent comparable sales.

The property in question shows immense potential, and properties in close proximity have historically fetched favorable prices in the past. However, all the comparable properties used for reference were sold over a year ago, and the real estate market might have experienced fluctuations since then.

In this scenario, I am reaching out to the group for suggestions on how to approach the ARV calculation in a more accurate and informed manner. Your expertise in navigating such situations would be greatly appreciated. Here are a few specific points I would value your insights on:

1. Alternative Valuation Methods: Are there alternative methods for estimating the ARV when recent comparable sales data is limited? I would be interested in learning about creative approaches that take into consideration potential market trends and property improvements.
2. Market Dynamics: How can I assess the potential impact of market dynamics and changes that might have occurred since the last comparable sales? Are there reliable indicators or sources that could help me gauge the current state of the local real estate market?
3. Property Potential: Given the historical success of nearby property sales and the evident potential of the property in question, how can I factor in these positive attributes while making an informed estimation?

I am committed to conducting a thorough analysis and ensuring that my valuation is as accurate as possible. Your guidance will not only contribute to my understanding of this specific case but will also serve as valuable knowledge for future scenarios.

Your expertise is highly respected within the group, and any insights you could share would be of immense benefit to me. I would be grateful for your thoughts on the matter at your earliest convenience.

Thank you for your time and consideration. I look forward to learning from your experience and recommendations.

Best regards,

Mahde Atamna

Quote from @Randy Rodenhouse:

I focus on 5 main things:

1.  Population growth - are people move to the area or leaving the area.

2.  Crime rate - Crime going up or down

3.  Job growth - are there new jobs being created in the area

4.  Median Income -  must be growing and above national average. 

5. Property values - have the values increased like in most areas of the US or have they been stagnant or even dropping.  

Thanks a million Randy Rodenhouse.
Do you recommend a website to get this information from?

Quote from @Ran Iarovich:

Quote from @Mahde Atmna:

Hello, esteemed community members. I am seeking insights and expertise on effectively analyzing neighborhoods. Could you kindly share your knowledge and recommended methodologies for conducting comprehensive neighborhood analyses? Your valuable input will be greatly appreciated in guiding my research and decision-making processes. Thank you for your time and consideration.

I'm an agent that works with a lot of people with the same question. I usually refer them to this graphic that I've made in my investor packet: 

Most of these market factors can be determined by looking at niche.com and searching for your neighborhood of choice. 

I would also recommend trying to contact a professional in the area who can provide you with a different perspective. You are looking for individuals who've had years in the market and have both a resident and investor perspective. 

Reach out if I can be that perspective :)

Best,

Ran

Ron, thanks a bunch, as i used the website niche before but i did'nt know if i could rely on it.

Again thanks for your time, hopefully we do end up doing business in the future.