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All Forum Posts by: Matt Wahidi

Matt Wahidi has started 4 posts and replied 28 times.

Post: Newbie to REI Needing Help...

Matt WahidiPosted
  • Contractor
  • San Francisco, CA
  • Posts 30
  • Votes 11

@Brian Garlington - Hi Brian,

I can’t thank you enough for all the information you gave me. Just like you, I live in the Bay Area but I own my primary. So house hacking is pretty much not going to work, right?

Also, you said you have properties in Ohio since 2017. How did those properties turn out for you? I am very inclined to invest out of state, but I keep hearing that for the first one, it’s best to do it locally so I can be within driving distance from the property.

If you could kindly provide me your “investor friendly” agent’s contact information, I would greatly appreciate it.

Also, I hope you don't mind if I could hit you up and pick your brain about how you went about investing in Ohio. How you got over your fear and got started in REI.

Looking forward to talking with you more...

Thank you sir

Matt

Post: Newbie to REI Needing Help...

Matt WahidiPosted
  • Contractor
  • San Francisco, CA
  • Posts 30
  • Votes 11

@Michael Norris - Ho Michael, how do I find out about REI groups in my area? Is there a search on BP that I can to find out groups by demographics?

Thank you

Matt

Post: Newbie to REI Needing Help...

Matt WahidiPosted
  • Contractor
  • San Francisco, CA
  • Posts 30
  • Votes 11

@Joseph R Fornwalt - Ho Joseph,

I’ve been hearing that Cleveland is the place to invest lately. How are you finding your properties? Have you made any offers on anything yet?

I was listening to a podcast today with Bryce Steward and he was talking about agreement of sale etc. he’s a very smart investor and very impressive. He also suggest to have all your paperwork in place and ready to go.

How did you write up your agreement of sale? Did you just make it up, you can pick it up from somewhere or do you pay someone to write it up for you?

Thank you for responding.

Matt

Post: Newbie to REI Needing Help...

Matt WahidiPosted
  • Contractor
  • San Francisco, CA
  • Posts 30
  • Votes 11

@Michael Craig - Hi Michael,

I own my primary. Although I’ve been reading and many of RE investors started their journey with house hacking. It’s a great way to get over your fear.

Sincerely ,

Matt

Post: Newbie to REI Needing Help...

Matt WahidiPosted
  • Contractor
  • San Francisco, CA
  • Posts 30
  • Votes 11

@Michael Strachan - Hi Michale,I do own my primary residence. Although I’ve been reading and listening to a lot of podcasts and many investors started out “house hacking.” If I was single and looking for my first primary property, house hacking was definitely the way to go.

Any other pointers and help would be greatly appreciated.

Sincerely,

Matt

Post: Newbie to REI Needing Help...

Matt WahidiPosted
  • Contractor
  • San Francisco, CA
  • Posts 30
  • Votes 11

@Jo-Ann Lapin - thank you for the words of encouragement. I am trying to educate myself as much as possible and hopefully I can find some local groups that I can join.

Any help/pointers would be greatly appreciated.

Sincerely,

Matt

Post: Newbie to REI Needing Help...

Matt WahidiPosted
  • Contractor
  • San Francisco, CA
  • Posts 30
  • Votes 11

@Frank Wong

Hi Frank,

I appreciate you taking the time to educate me a bit about investing locally and OOS. Wha you said makes sense. For my first one, ideally I’d like it to be local so that I have access to the property and is within driving distance.

I joined BP a week ago and I can’t believe how helpful everyone is. It feels like family. I’ve been listening to BP podcasts and reading a lot on here along with other resources.

Maybe you and I can connect and see if we can find a multi-family property locally to look at and you can help me with your expertise

Sincerely,

Matt

Post: Newbie to REI Needing Help...

Matt WahidiPosted
  • Contractor
  • San Francisco, CA
  • Posts 30
  • Votes 11

Hi All,

I've been in the waterpoofing business for over 12 years and have been reading up a lot lately about REI. I live in Bay Area (Northern California) and planning on starting my real estate investment portfolio. Can you guys give me some direction on how to get over my "fear" of just jumping into it. I don't know if I should buy out of state, local, rental, turnkey, rehab, etc

Any insight would be greatly appreciated.