All Forum Posts by: Mohamed Abushadi

Thanks for your input, Rod. I understand what you mean, and that's why I was seeking advice. I can try to sit and talk with them and see how they respond.

Wish you the best!

 Awesome, thanks Bill.

 Thanks, Kim. Hopefully the market is good where you are.

Thank you, Jered. I certainly would need all the help and advice I can get, especially with regards to starting out my LLC the right way. Not sure which attorney to look for and also how to manage the tax complexity involved. On my part, I would love to be of help and service on my side of Atlanta.

I have just recently become passionate about real estate after discovering how it can be an amazing avenue for building wealth, passive income and generational wealth. I am excited to learn and become part of a community of like minded individuals, and am eager to network, contribute and grow from everyone here! BiggerPockets, you rule!

Awesome, Jake! Thanks for your response, that was great advice.

I am currently renting a decent 4 bedroom 2.5 bath suburban home in Alpharetta, GA and paying $1,650/month. I would like to buy the property from the owner but don't want to offer a bad deal and in the process anger/offend the landlord. Comparable properties range between $260K - $280K.

Why I want to buy:

• Save on rent as the mortgage will be cheaper
• Fix the house and flip it while living in, holding it for 1-2 years for appreciation

I would like to offer a low price on the property (reduce 25K+ off retail) since I plan to buy it as is, and upgrade everything in it since everything is from original 1990's construction. I'm afraid to offer a low price to the owner since they are not motivated and are happy with the incoming cash flow.

Any ideas or tips on how to make a offer like this would be greatly appreciated. 

Thanks in advance!

(P.S. Credit and down payment are not an issue and I am pre-approved for financing.)