All Forum Posts by: Nadhir Hakeem

@David Lee Hall, III

I’m licensed in NY and live in CT so that shouldn’t be an issue.

And ok, I need to look into state contracts. My thing was wholesaling might be simpler with less capital and it would give instant cash opposed to a property that requires time and lower monthly cash flow. I don’t mind the rental property and ultimately want to get into that so it’s just the decision of which one to start with.

@David Lee Hall, III

Yes, I know about this but you’d suggest this over wholesaling?

@Shawn Mcenteer

Will do! What’s wrong with tear down? Too much rehab work?

Hello!

I've been a licensed agent in NYC for years now, mainly doing rentals! I live in Stamford and wanted to get into investing and renting out properties for cash flow and am kind of stuck on how to do it, especially with very little start up cash (also have bad credit at the moment).

Where did you all look for info when you were first starting out? I've been doing some research and watching some videos, mainly on youtube. Decided to ask others as I'm sure there's a bunch of stuff I missed out on.

I'm planning on going around looking for some abandoned or beat up houses in the surrounding cities. How long did it take you guys before you found your first deal and how'd it work out?