All Forum Posts by: Sakeena Rashid
Sakeena Rashid has started 2 posts and replied 12 times.
Post: Akron area rentals...
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
Is every house for rent on Craigslist just a complete scam?
Asking for myself :(
Post: Ohio law on wholesaling comes down to ??
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
Post: Ohio law on wholesaling comes down to ??
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
Originally posted by @Steven Leigh:
@Joseph Brantley I sent you a lengthy PM about why you probably don't want to ask too much wholesaling advice on Bigger Pockets. You will just get swarmed with detractors trying to tear you down. Good luck.
@steven Leigh can you send me the same PM please?
Post: How to wholesale as an Agent?
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
Originally posted by @Michael Hallahan:
"Why not just get an exclusive listing agreement rather than getting it under contract and assigning?"
Not every seller wants to work with an agent. Also, when you approach them as an agent they may see it as a transaction that will cost them money (agent commission). If you approach them as an investor who is ready to buy their property, they see it as a way for them to make money.
"Is it because the commission would be less than the assignment fee you would hope for?"
You can get a higher payment with the assignment fee, it depends on the property, the deal and what brokerage your with (commission split etc.)
"Or is it that getting it under contract gives you more control? What am I missing." I feel you would have more control because you are doing everything on your own."
You are not acting as an agent for your broker, you're an investor structuring the deal on your terms.
Post: Frustrated with Bigger Pocket Posts
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
I'm new to real estate investing so I can't give you any advice on purchasing your first property. But, there were three things that stood out about your post for me.
1. "New cars are expensive at $31K or slightly lower." I literally know of not one family member that has ever bought a brand new car. Even my cousin who is a lawyer and makes six-figures has an old crap car. I bought my "05 suv from my dad five years ago. The engine gave out last summer. Time to get a new car? Nope. We bought a used engine that a mechanic found for us and I'm still driving that '05, maybe it cost $1500 incld. install. But you said you own your cars outright so this isn't even a problem for you?
2. Clothes are expensive. Nope. My best friend is one of the best dressers I know. I'd always compliment her on her clothes and ask her where she got everything. Most of the time she would say, the thrift store. I started going after that and have never looked back. I've purchased so many items $1 and $2 tops and skirts for $5. My mom works for the sate and has to look professional. Guess where she shops. The thrift store. She has beautiful business blouses and enough slacks and blazers to fill a walk-in closet. She shops smart, and looks great. Also one of the thrift stores I frequented had a half off sale the last Tuesday of every month. Guess where I was the last Tuesday of each month?
3. Mindset. You seem to be looking at things as to what is stacked against you instead of what do you have working in your favor? I would suggest that you watch the documentary, The Secret. I loved it and I think it could help.
Best.
Post: My excellent day: Two deals and passed my real estate licensing exam!
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
What a great job @Nancy Brook
Kudos to you!
Post: Newbie From Akron Ohio Area
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
That's a great idea @Joe Fairless
I'd be happy to contribute posts on BP in any way that can help. And I could start a blog. Hmm...
Post: Newbie From Akron Ohio Area
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
Thank you @Muhammad Abdullah
@Nate Richards for the welcome :)
I'll definitely be reaching out to you both.
@Adrian Chu I hope so! I'm keeping my eyes peeled lol.
Post: Newbie From Akron Ohio Area
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
Michael and Ryan A., thank you. Ryan, I'm planning to attend some of the local REIA meetings so I may see you there.
Post: Newbie From Akron Ohio Area
- New to Real Estate
- Cuyahoga Falls, OH
- Posts 12
- Votes 4
Hello All,
I just joined BP the other day in hopes of networking with other like minded people. My background is in freelance writing and journalism. I've always been interested in real estate and at this point in my life I've finally decided to take the plunge. I'm hoping to learn everything I can about investing, and make some friends along the way.