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All Forum Posts by: Ibrahim Hughes

Ibrahim Hughes has started 225 posts and replied 1992 times.

Post: Wholesale North New Jersey

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044
Originally posted by @Lawrence Zhou:

@Ibrahim Hughes who do you recommend?

You can Google two of the more popular attorneys that investors and wholesalers use. Fawad Khan and Stacy Santola. 

Post: Wholesale North New Jersey

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044
Originally posted by @Eugene Sims:

@Ibrahim Hughes who would cover that fee in deal, I am new to this wholesale world.

I'm not sure what I was thinking when I answered that question. You pay your own attorneys fee when wholesaling.

Post: What's the coolest thing you've found in a property?

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044
Originally posted by @Steve O.:

@Ibrahim Hughes did you get them running

 Haven't even taken them out of the box. However I'm just getting into doing stem projects at home with my two nephews, 8 and 9 years old. Trying to steer them towards engineering/ architecture. So now that you mention it I am going to pull them out and see if I can get them running. Great idea! Thanks!

Post: Why am I having trouble hiring a contractor?

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044
Originally posted by @Dave Rav:
Originally posted by @Ibrahim Hughes:

@Dave Rav

Yep I saw it when the last Bubble bursted. Those contractors who were giving you their butt to kiss had to come back begging for work months later.

 @Ibrahim Hughes

Absolutely.  Greedy people.  Just because you can, doesn't mean you should.  Don't get me wrong, make money now.  Just don't be a putz.  Case in point, just yesterday I experienced a leak at skylight in a property.  Window just needed to be sealed; no other issues.  Called my reliable contractor and he went out and took care of it.  Charged me about half what other contractors would, and probably 1/3 what a roofer from the yellow pages would.  Why?  Well, because I've sent him thousands of $$ in work over the past few months.  He tells me "I take care of my regular clients" as well he should.  Thats. Just. Good. Business.  

Absolutely. These guys understand that markets work in Cycles and your regular clients are the ones who will always be there to support your business. Particularly when the market is down.

Post: Why am I having trouble hiring a contractor?

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044

@Dave Rav

Yep I saw it when the last Bubble bursted. Those contractors who were giving you their butt to kiss had to come back begging for work months later.

Post: investing in a slump market. It's that a sound strategy?

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044

@Gregory Shelton

Have you talked to local Realtors about how much of a slump we're in?

Post: Where to start with $20,000?

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044

@Selorm Ocloo

Honestly I would save that money and instead educate yourself on a type of real estate investing you want to engage in. You can start in this business with little to no money. Your job should be to protect and grow that $20,000. You can only do it with knowledge of what you're getting into. You've come to the right place. Welcome.

Post: Buying Tax Liens in NJ

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044

@Uneeq Khan

I think you're confusing HOA liens and Municipal tax liens. They're very different from each other.

Post: What's the coolest thing you've found in a property?

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044

@Shaun M.

An old Lionel train set. 1930s.

Post: Putting Together a Webinar on Hotel Investing

Ibrahim HughesPosted
  • Real Estate Consultant
  • Bloomfield, NJ
  • Posts 2,082
  • Votes 1,044

@Michael Ealy

Yes I'm interested as well!