All Forum Posts by: Taj Akinbode

@Tomas Nuno

Many local lenders can provide you with a loan option that fits your investment goal. FHA owner occupied / house hacking is one. There are several great local lenders I've worked that will be happy to connect with you. Please message me in private to further discuss.

@Luca Perinuzzi

Why would you want to represent clients' interest (investors or non-investors) in markets you're not familiar with. As a licensed real estate agent, you owe fiduciary duty to everyone you represent and that fiduciary duty requires you to not just have the competence but also the local market knowledge needed to serve your clients best need and provide them with professional insight/advisory. 

Once you get licensed, be sure to check your Independent Contractor Agreement with your brokerage and what authorization you are afforded. 

Alternatively, you can move to other market with easier barriers to entry 

or form referral partnership with fellow agents in markets you're not familiar with. 

Hope this helps. 

Wishing you success on your license exam.

Great work @Jem McBride

If you're looking to purchase this nicely remodeled home. Contact me, I can help you put together a strong offer package. Let's help @Jem McBride sell this home asap. 

@Amna Khan

Experiencing cold feet is a common feeling in real estate investing, especially in a high interest rate environment such as the current market cycle when the numbers / deal analysis can be tight. 
It's essential to take action when your analysis makes sense provided you’ve done proper due diligence.

The increase in debt obligations to more than twice your current rent may be a concern. Have you asked your agent to provide market appreciation data for the past few years? While not exact, this data can offer valuable insights to inform your decision.

Hope this helps.

If you need further assistance, feel free to reach out. 

@Preeti Tibrewala

Congratulations on our successful closing! I'm thrilled to hear that you had an awesome experience working with me. Thank you for entrusting me with your real estate needs. Your success is a testament to the many value, diligence and experience that I bring to the table for my clients. 

If there's anything else I can assist you with, I'll be happy to help. 

Wishing you all the best in your future endeavors, and once again, congratulations on our successful closing!

@Hieu Vo

It's great to see that you've been actively analyzing deals and assessing their cash flow potential. That's a crucial step in the investment process.

Currently, many properties are facing challenges in generating cash flow due to various factors, including the high interest rate environment. However, it's important to note that deals are still happening every day. Some investors are adapting and adjusting their strategies based on market conditions, rather than sitting on the sidelines. The choice is yours whether you want to be among these proactive investors or those who simply complain about the market.

If you'd like to discuss further or need any assistance, please don't hesitate to reach out. As an investor-friendly agent serving Houston and the surrounding areas, I'll be happy to provide any clarification you may need.

@Corey Gilroy I have sent you a PM. I look forward to assisting your brother achieve his real estate goals in the Houston market. @Joel Allen Thank you for the recommendation.

@Marcellus Jordan

Utilizing an FHA or 203k loan and living on the property while renting out additional units can be a smart strategy. You need to do your due diligence and ensure that your finances are in order.

If your focus is a duplex for instance, your desire to live in the unit and still cash flow may be a bit far-fetched. This is why it is important to work with an investor-friendly agent who can add value to you and shorten your learning curve, validate or reset expectations, assist with property search, neighborhood research, provide a second set of eyes on the deals you analyze, etc. Feel free to reach out. I am an investor-friendly agent serving Houston and surrounding areas and I'll be happy to assist you with further clarification.

@Josephine Eshon

Glad you’re ready to take action. There are a lot of single family opportunities in areas that will appreciate well overtime. Location and quality of property will depend on your budget. Feel free to reach out. I’ll be Happy to assist. 

@Miguel Nambo

It's very easy to form an LLC. I have formed a few in the past.

@Cody L. provided great steps on doing it yourself

The last one I formed, I used an agency to help with the formation. DM me and I can share further detail with you.

I’ll be happy to help as well if I’m able to provide value to you as a REALTOR® and investor-friendly agent. I serve Houston and surrounding areas.