All Forum Posts by: Ramy Mosbah

I'm new to the world of real estate investing, and I'm fascinated by the incredible journeys and experiences shared on this platform. I would love to hear about your very first real estate deal and how it all began for you.

- What was your first real estate venture? Was it a rental property, a fix-and-flip project, or something else?

- What motivated you to pursue that particular deal? Was it a desire for financial freedom, a passion for real estate, or an opportunity you couldn't resist?

- How quickly were you able to move on to your second and subsequent deals? Did you encounter any challenges or setbacks along the way?

I'm particularly interested in hearing your stories, as they can serve as a source of inspiration and guidance for newcomers like me. Whether you closed your first deal recently or several years ago, your experiences hold tremendous value.

Thanks!

0 Votes

Quote from @Joe Villeneuve:

Quote from @Jason Lauver:

I am a newcomer to the real estate industry with a keen interest in wholesaling properties. While I have absorbed a significant amount of educational content, I have yet to witness a wholesale deal from start to finish. I am seeking a mentor who can provide guidance and share their expertise.

I currently have a property opportunity at hand, courtesy of a friend who is not in immediate need of funds. This situation presents an excellent chance for me to gain practical experience and establish myself in the real estate market.

I want to use the capital I gain from this to dive deeper into the game. Can anyone help me out?

There are 3 things you need to learn:
1 How to analyze markets, not properties,...markets. You don't buy properties, hoy buy pieces of a market. Market Analysis is all about $$$$,....not %%%%. This tells you "where" to invest.

2 - How money works. This means strategies. This also means you need to be extremely proficient on both Algebra and Geometry. You can always tell the ones who aren't by the way they answer questions here. This tells you "how" to invest.

3 - How to develop a REI Plan based on financial goals. This tells you "when" to invest.

All three of them must work together as equals, as they each depend on the other two for their, and your, success.

@Joe Villeneuve - This is tremendous feedback! What strategies do you leverage for market analysis?

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Pittsburgh, Pennsylvania

BP Community,

I am seeking your input on developing a contractor garage. I was recently introduced to this concept, and I am fascinated.

For anyone with experience in this venture, I’d like to understand your end-to-end journey of breaking into this concept and building a viable business. Everything from:

- Securing land.

- Raising capital.

- Financing.

- Solo or joint venture.

- Design.

- GC.

- Build out.

- Etc.

I look forward to hearing from you!

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Quote from @Chris Seveney:

@Ramy Mosbah

We are moving over to Microsoft dynamics 365 which has some built in AI analytics and an AI builder that you can train it to pull data (ocr) from documents, provide insights on leads in your funnel and find data trends.

It’s still way to new of a technology to put any reliance behind it besides having fun with it or using it to tell you where to eat on a vacation or assist in writing a post

@Chris Seveney - Great feedback. I was unaware that MS Dynamics had that enrichment capability. I am very aware of other products within the MS ecosystem, particularly the Power Platform, that are making some very unique and innovative AI bets.

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BP Community,

How are you leveraging ChatGPT to augment, automate, and accelerate your real estate ventures?

I look forward to hearing from you!

2 Votes

BP Community,

I am seeking your input on developing a contractor garage. I was recently introduced to this concept, and I am fascinated.

For anyone with experience in this venture, I’d like to understand your end-to-end journey of breaking into this concept and building a viable business. Everything from:

- Securing land.

- Raising capital.

- Securing a loan.

- Solo or joint venture.

- Design.

- GC.

- Build out.

- Etc.

I look forward to hearing from you!

1 Vote

Quote from @Jonathan Orr:

@Ian Dunross we are moving forward on the deal in AZ. With the varying in suite sizes that I am doing, I would focus on floor area ratio, rather than units per acre. We are at a .32 FAR, in my proforma the sweet spot is anything north of 30% coverage.

@Jonathan Orr - Congratulations on moving forward with your project. I am new to this commercial real estate concept, and looking to break in.

Would you be willing to summarize the general plan or steps you followed to start this project?

I appreciate your feedback in advance.

0 Votes

All Forum Posts by: Ramy Mosbah

Ramy Mosbah has started 4 posts and replied 7 times.

Post: Your First Deal to a Real Estate Empire: Inspire Us with Your Journey!

Post: Looking for a Mentor

Post: Guide to Contractor Garages

Post: ChatGPT & Real Estate

Post: ChatGPT & Real Estate

Post: Guide to Contractor Garages

Post: Multi Tenant Metal Contractor Garages/ Warehouse Bays