All Forum Posts by: Haitham Abbasi

Originally posted by @Zach Sikes:

@Haitham Abbasi

BP is a great place to start.  

An additional option might be to find out who other investors in your are are using.  You might call the listing agents on other flip properties to see if they are taking additional clients.  What are you telling the agents or receptionists when you call?

 Ok . Understood . My exact script : "Hi my name is Haitham Abbasi , I am a real estate investor in the Phoenix area , I would like to speak with a real estate agent that works with investors , is there any one available " 

Zach I would like to mention that I do not know where are the flip houses that are represented by real estate agent . As this contact with the real estate agent will be to understand the market of the Phoenix area, where are all that hot spots that investors are putting their money in , the average price of the houses there ..... Etc . 

That's the type of help that I need from an agent . And no one have provided me with deals that are in that location so far although I asked for properties listed as  is , vacant or has price reduction

Originally posted by @Zach Sikes:

Find someone else.  Find the person  that will help you and understands that your time is valuable.

I have been calling offices and asking the receptionist if there is any agent available that works with a real estate  investors. Thats how i am getting hold of the agents. would suggest any other ways to get hold of real estate agents that work with investors ?

Hello my friends . I have started my search for a real estate agent that will guide me to understand the market of the area that I live in. I recently contacted remax and Keller Williams real estate agents since it was recommended to me by a book that I am reading to contact these two companies . My question . I have asked some real estate agents to sent some MLS listings . It has been 24 hours and none of them has reached back to me . Is that a bad sign that means I have to keep Looking to find the right one ???? Or it's normal that they take that long . I appreciate your answers my friend . And I hope this question benefits others as well . Thank you Haitham Abbasi

Greeting my friends 

Your responses are appreciated in advance

I am in the process of find houses that are vacant or boarded up.

There has been mentioned multiple times via books, and podcast that there are websites that offer these types of lists in return for a fee that they charge.

Are these websites usually accurate? if so what are some websites that I could visit and check out ?

Have a blessed journey 

Haitham Abbasi

Greetings my friends 

Your responses are appreciated in advance.

I am in the process of preparing the contracts for wholesaling which there are two types of contracts that are used in wholesaling :Assignment contract , and purchase contract.

I have tried accessing the contracts that are posted on biggerpockets.com and have found a couple of good ones. Yet I would like them to be reviewed by a lawyer so it wont cost me so much money.

What best make a contract? How much should i be paying the lawyer? is there a deference for contracts that I should be looking at ( Knowing that I live in Phoenix Arizona)? what should I tell the lawyer when asking them to review the contracts?

Also if there is resources to look at for contracts please let me know .

Have a blessed Journey 

Haitham Abbasi

Originally posted by @Jonathan Quintanilla:

Originally posted by @Haitham Abbasi:

Greetings Everyone, 

I hope you journey is forever blooming 

I am a new student to the world of investing in the city of Phoenix, Arizona. I have been at it, Reading, learning, and gathering information. I am trying to even get my first lead so I can get started with the business of Wholesaling. There for my budget is very minimal (I am a college student).

I have purchased business cards that say "WE BUY HOUSES". Also have been posting flyers by the Bus stops that offer rewards for finding a vacant properties at the time of closing. 

What would be the best Marketing strategy  ? Online marketing ? where to and ways to finding my very first deal

I appreciate your knowledge in advance 

Haitham Abbasi 

 Greetings to you as well Haitham. 

You mention your budget is very limited, how limited are we talking? Keep in mind that it does actually take money to get into wholesaling (in the form of marketing mostly), it may not be a lot of money you need but it's still a necessary component. However, that does not mean you can't exhaust your free options such as Craigslist, referrals (through agents or friends), Backpage, etc. 

As far as the best marketing strategy, that's pretty area specific honestly. I generally use yellow letter direct marketing campaigns but your area might take postcards a lot better. I would say start with the yellow letters and go from there. 

The key to marketing is consistency, you want to keep touching the sellers every 4-6 weeks with your mailing for about 6 months.

 Thank You Jonathan 

What would be a great ad to post on craigslist. I noticed that there is a lot of a competition on that website 

Thank you 

Originally posted by @Mitch VanDeveer:

Be careful post signs that say  " Also have been posting flyers by the Bus stops that offer rewards for finding a vacant properties at the time of closing."  Per Arizona ARS only a licensed agent can be paid a commission, reward, upon the closing of a property.  That being said it's ok to pay for leads but payment can't be contingent on the closing of a deal.

Low budget Marketing = driving for dollars and knocking on doors

 Thank you I was not aware of that law at all. 

Does location Matter ? I reside in Northern Phoenix and would like to be able to wholesale in Northern Phoenix , Is

this are a good market ? Or is it Per deal ?

Thank you 

Greetings Everyone, 

I hope you journey is forever blooming 

I am a new student to the world of investing in the city of Phoenix, Arizona. I have been at it, Reading, learning, and gathering information. I am trying to even get my first lead so I can get started with the business of Wholesaling. There for my budget is very minimal (I am a college student).

I have purchased business cards that say "WE BUY HOUSES". Also have been posting flyers by the Bus stops that offer rewards for finding a vacant properties at the time of closing. 

What would be the best Marketing strategy  ? Online marketing ? where to and ways to finding my very first deal

I appreciate your knowledge in advance 

Haitham Abbasi 

is it possible to still get the list ?

Best,

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