All Forum Posts by: Nader Shariff

Hi ,

We have a few S8 properties and have had experience with it. I think there are a lot of pros and cons in regard to S8 and it is important you understand all of them. I am happy to connect and share my thoughts on it, if you ever want to. Feel free to shoot me a message. 

Sorry, what is the question exactly in regard to divorce in WA state? Are you looking for an attorney there? I could connect you with one. 

welcome, curious how the SF market is doing currently. I saw a post earlier on LinkedIn that it was on a decline? I could be wrong, want to fill me in? 

The deed question is separate from the entity question. 

I would suggest talking to a lawyer in regards to the entity question because they'd be able to tailor what best suits your needs given your situation. 

As far as the deed question - you could quit claim deed it, but you'd have no title insurance. I understand it is from family, but I would still always recommend getting title insurance. Perhaps connect with a local title agency and see what options they offer. 

Keep me in mind if you come across any good deals in the NYC marketplace, though I am sure I am one out of a million who are looking for the same thing lol. 

1. The most important thing is to ensure you have the right team in place for acquisitions, rehab/repairs, property management. Turn key providers are a good one stop shop option, if they are being honest and transparent about the marketplace you are looking into and the product they are selling (pros and cons, etc). They should be able to paint a realistic picture along with setting reasonable expectations. That actually really goes for brokers, contractors, and property management. Make sure you have the team in place, before pulling the trigger on a deal. I cannot stress that enough. You do not want to be left scrambling after the fact. 

2. My team and I are in the Detroit, MI marketplace and it is the market we've picked. So I'll throw my hat in for Detroit , Michigan. However, I am sure others will have different markets to recommend as well. 

Hope I helped !

What market are you looking into? 

Edit: just saw your post shows it - apologies ! I am sure there are great people you can connect with here on BP!

The key thing is being honest and transparent about your marketplace and the deal itself. Working with straight shooters makes doing deals easier. Make sure you verify all correct numbers for whatever deals you are putting together (arv, projected rents, and projected expenses). Those are two things I could think of , but im sure there's a lot more. 

If you have the right team in place to do a rehab in the market you are looking into, and you have a deal being presented with some equity in it - then I would go the rehab option. 

Hi , happy to connect you with a lawyer I know in IL, feel free to reach out !