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All Forum Posts by: Taha Malik

Taha Malik has started 2 posts and replied 2 times.

Hi everyone,

I'm on the lookout for good real estate opportunities. Whether it's starting something new project or flipping houses, I'm interested.

Flipping has its pros and cons, it seems like a fast way to make money. But it's tough work and doesn't always pay off.

I personally think the big profit is in new development or a project.

So, I'm wondering: Is starting something new a better bet? 

If you have any tips or a project you think we can collaborate , let's connect. 

Post: Out of state starting out in fix n flip

Taha MalikPosted
  • Posts 4
  • Votes 2

Hi BP members,

Soo I'm from Canada and I'm trying to start my REI in Usa. I plan on to start with fix n flips in STL as I have a relative there who knows construction.

First thing is I’m having trouble finding properties as everything seems overpriced specially what wholesalers have. Secondly I want to flip in different cities remotely, is that something recommended?

I have some funds to invest around 100K, plus I'm going to leverage HML in to deals. 70% of my funds i want allocate to fix n flips and 30% in to something that can generate some sort of cash flow every month.

Please advise if this is the right strategy and how to find properties. 

Thanks in advance!