All Forum Posts by: Ibrahim Hughes

@Ben Feder

Was of REMentor's program? If so its ran by David Lindahl, famed apartment investing guru . He really knows his stuff. But you will definitely be upsold on the $20-50k one-one-mentoring program . You're not going to get everything you need to know in just 3 days. And they're not going tie you in to their valuable network for just $1500.

You can learn on your own for free but the time it will take, along with the mistakes,may encourage you to pony up the big bucks for the mentoring . ESPECIALLY if you're lifestyle doesn't afford you the late nights & weekends you will spend studying free material. If you're married with a family and don't want take time away from them then you're better off spending the money. However if you're young,single and have the time - then bypass the mentoring and go for it.

@Jonah Peralta

With the ultra distressed sellers that I deal with, I don't see it. I'd have to first run into a bunch of rehabbers who are actually good at dealing with distressed sellers for me to believe this. Once I find a rehabber or two who can patiently deal with a distressed seller effectively and not like he deals with his contractors, then I'll believe that wholesaling will become extinct.

I think who will be extinct are those wholesalers who rely strictly on technology to try and get deals.

@Jeff Byrne

Why do you need them to see it? The truth of the matter is that they likely won't see it until you produce results. That's what leadership and being a Visionary is all about. Seeing things that others can't and moving forward towards that Vision when others aren't willing to. Everyone else can see it once tangible things actually materialize. They just haven't yet developed their leadership/visionary capabilities. The other day on Facebook I saw a meme that went...

"Have the courage to go first. And then light a fire so that your tribe can find you."

That's what being a leader is all about. Often your tribe or family love and support you but can't necessarily see what you see. That's your job to make it real and convert them to believers.

Jay  I'm really not sure exactly what they're looking for in that regard. But thanks much for your referral. 

And everyone else thank you. I'll pass on the information.

Hi. Some friends of mine I looking for a real estate attorney who can assist them in subdividing some family owned land. The land is located in the Charleston area. Does anyone have an attorney they would recommend? Thank you in advance.

What "record" are you speaking of James? You can't always go by tax records in terms of ownership as they're not always the most up-to-date records. I would honestly have a "present owner" ( or whatever they call it at you a title company) search done by a title company who should be able to do it for a minimal fee.

Yeah I'm not sure exactly where on the Block you are. Closer to the beginning of that block further away from South Orange and it's really not bad. 

And That's wide-ranging rent. I would imagine $1,100 are for existtinh non renovated Apartments. But make sure the $1,700 isn't for new construction. Existing yet renovated Apartments won't get as much as a new/newer construction ones.

Brookdale Avenue, particularly close to the South Orange Avenue, is a rough area. I actually lived at 42 Brookdale Avenue back in the 80s. The block is only slightly better from back then. One of the issues is that you have a few apartment buildings on that end of the block. I'm not too familiar with the exact sales prices and rents in that area but I would have a realtor pull sales and rental comps specifically for that block to find out what's going on. You want to make sure you're going to get a decent hard-working tenant to occupy your property ( you didn't say exactly what your plans were for the property).

also are you familiar with the lead water problem in Newark? It only affects homes within a certain Locale. I'm not sure if yours is affected but you want to make sure that the service line between your house and the main service line in the street has been replaced and it's not an old lead pipe. 

@Jason Cummings

Are they keeping the taxes current? Buy the lien. Also find out who the managing member is & cold call him/her.