All Forum Posts by: Niakam Kazemi

Your general assessment of the economy is correct. However, you are missing one big factor. That is inflation. You need to think about where the $3T that was pumped into economy went. The economic activity dropped substantially with COVID-19. At the same time the money in the system was increased by $3,000,000,000,000. What do you think would happen? The prices would go up. This is not a new phenomenal. Other countries have seen it in the past, Brazil, Argentina, Turkey, etc. We are not different. If you keep pumping money into the system just to pretend that everything is great, you will end up with inflation. I am not talking about what the government reports. I am talking about what I see myself first hand. 

I am not stuck with my thoughts. I just think that this is the most reasonable explanation of why house prices have gone, are going, and will go up!

Your general assessment of the economy is correct. However, you are missing one big factor. That is inflation. You need to think about where the $3T that was pumped into economy went. The economic activity dropped substantially with Covert-19. At the same time the money in the system was increased by $3,000,000,000,000. What do you think would happen? The prices would go up. This is not a new phenomenal. Other countries have seen it in the past, Brazil, Argentina, Turkey, etc. We are not different. If you keep pumping money into the system just to pretend that everything is great, you will end up with inflation. I am not talking about what the government reports. I am talking about what I see myself first hand. 

I am not stuck with my thoughts. I just think that this is the most reasonable explanation of why house prices have gone, are going, and will go up!

Hi,

I am seeing your input about whether or not a web site/service to allow wholesalers put their properties directly before real estate investors is a good idea? Here is what I am thinking:

1. You as a wholesaler become a member of the site.

2. You establish a profile for your wholesaling business.

3. You list your properties on the site (at extremely affordable cost.)

4. The site already has real estate investor members who are interested in your properties.

5. They browse your listings, analyze them, and submit an offer to you directly on the web site.

Questions for you:

1. Are you a wholesaler?

2. How strong is wholesaling? 

3. Do you think you would benefit from such service?

4. What other main features do you want to see to sign up for the service?

Your input is much appreciated.

Disclaimer: The site is already existing and offers many features for investors. I am the founder of the site and thinking of adding the wholesaling to our product roadmap.

Thank you

Hello BP members!

I was wondering if you use any tools/services to manage your fix and flip projects? I am referring to tools to keep track of tasks, expenses, etc. with reporting capabilities. If you do how do they help you with more profitable flips? How important are they to the success of your investments? Would you also name the tools/services that you use? If you don't what are your reasons (cost, not needed, they don't work, waste of time, etc.)?

I appreciate your replies.

Thank you 

Hello BP members!

I was wondering if you use any tools/services to manage your fix and flip projects? I am referring to tools to keep track of tasks, expenses, etc. with reporting capabilities. If you do how do they help you with more profitable flips? How important are they to the success of your investments? Would you also name the tools/services that you use? If you don't what are your reasons (cost, not needed, they don't work, waste of time, etc.)?

I appreciate your replies.

Thank you 

Hello all,

I am about to finish renovation of a single family and I was wondering if I would be better off to wait until Spring to list it. Or Does it make sense to get it listed as soon as I am done (mid November)? The holding cost is not prohibitive. My main concern is that I list the house and due to lack of enough prospective buyers the listing sits without any offers. 

I appreciate your feedback,

Thank you

Hello BP members,

Renobits is offering free membership to contractors!

Renobits provides tools and services for investing in real estates. Providing access to reliable, trustworthy, and budget friendly contractors, for the members, is one of the main features. Learn more and  Sign up.

Membership is free and it takes a few minutes to make your business profile setup and searchable on Renobits.

This is a call for early membership. So we are offering free membership to contractors at this time. Once your business profile is available on Renobits, visitors can find you on Renobits and you will receive customer leads in your Renobits Inbox. No fees for receiving customer leads! Learn more and Sign up.

Please don't hesitate to ask questions by using BP messaging system or by Contacting Us.

I am looking forward to seeing your business profile on Renobits.

Thank you,

Niakam Kazemi, Dr. Sc.

Founder

Renobits

Hello BP members,

I am looking for a few investors, initially fix and flippers, to try out Renobits a real estate investment management tool. I am advertising it on BP to receive feedback. Membership is free.

If you are interested in being an early member please visit Renobits at https://corp.renobits.com to learn more and to sign up. As a token of appreciation, I will send you an Amazon gift card (valued at $25), if you are one of the first 20 members who signs up, creates a project, and provides feedback within the next 15 days. You can send me messages using Renobits Inbox (when you become a member) or by using BP messaging tool.

I am looking forward to receiving your feedback.

Regards,

Niakam Kazemi, Dr. Sc.

Founder

Renobits

Great investment opportunity. I have priced it at $250,000 below its assessed value of $254,000.

Excellent for attorneys, accountants, financial advisers, consulting firms, insurance agents, tutoring and educational services, medical billing, and other professional services. Excellent for small investors to generate income.

941 sft includes 4 offices 3 of which have big windows, large reception area, private bathroom, closet, plenty of parking space in a business park. Fresh paint, new carpet, Two CAT-6 drops in each room and the reception area. Brand new HVAC. 

Condo Fee: $385/month which includes maintenance of all common areas, roof, trash, water and sewage. RE Taxes: $272.24/month.

Great investment for a business owner or for rental income.