All Forum Posts by: Shafeeq Khan

Thank you, will try and find someone here who could do that.

I approached my friend who has listed his house in the market to buy his house. He offered to sell me the house at less than 10k of the listed price if he don't have to go through a real estate agent. I have not done a real estate deal without an agent. Can anyone guide me through the process of buying a house without an agent and what I need to look for.

 Thanks you Mark. Yes, I read the Begineer's guide.

I am new to BP and REI. I have a full time job and live in Katy, TX which is within the Houston metropolitan area. I just started reading about REI and listening to BP podcasts. I am thinking about taking the courses to get my real estate agents license, not sure how much it will help. I will be attending the Houston REIA meeting this week to get connected with people and understand the Houston market. I would appreciate any guidance and pointer for a newbie.

Thanks

Shafeeq Khan

I am newbie and was going through the free course. In the free course it say the 2% rule is a ratio of Income to Purchase Price OR ARV, but in the rental property calculator it say the 2% rule is a ratio of Income to Expenses. Which one should I use for my analysis. Appreciate if anyone could clarify.

Thanks

Shafeeq