All Forum Posts by: Ismail Sogbaike

Let’s say I’m calling an agent for the first time, what des the call consist of intially, am i giving them my property criteria so they can look for it? Am I just calling to make a relationship?. What does calling an agent really for me as i begins to start out wholesaling 

 No, I’m 3 really new to this game and was unsure with the things you could and could not do. 

Let’s say i get a loan from the bank to house hack, is it actually mandatory for me to live in the property or can i just lie to the bank and rent out all the rooms and continue living at home or is this not allowed when house hacking, I’m just getting started so I’m not sure if I’m asking a dumb question to most of you who are more experienced.

Hey real quick to break down my situation- I’m 17 with a job and not too much capital but i have some side hustles that are about to begin. My original plan was to first buy a duplex to start out but this was way back at 15yrs old when I wasn’t so educated and serious about investing but now I’ve learned that i will need capital to begin with, so I’ve chose maybe one of the most popular/ saturated strategies to begin with, you probably guessed it “wholesale”  I am not interested in building a long-term career in wholesaling, just using it as a means to an end to build capital. Is wholesaling worth a shot if I'm just doing it to build capital to invest in rental properties or would it be better to seek out private money? I put wholesaling because I feel like it’s a good way to get in the industry and create relationships with other investors, title companies, etc. If you have any experience with wholesaling give me a tex.

My plan is to start with wholesale then shift into the BRRRR method or buy and hold short term. Eventually moving into the long term multifamily properties.

Hello i just got started in the REI and my plan was to first obtain a duplex, but as I've been told and have learned is that i need some capital, and someone suggested i do wholesale to build some start up capital to fund my first multi family. I've heard that you dont need money to start but i find it hard to believe, what do suggest/what do you recommend is the best way to start out.

When finding off market deals what are the best methods/strategies 

So while i was out looking for a potential first wholesale deal and came across a property that partially of the roof was chipping away and it had bad windows but no for sale sign, do you recommend i try to send a direct mail or call to see wether they are willing to sell their home. 

As i am trying to get my first wholesale deal where are the best places to find off-market deals 

Hello I’m analyzing a deal for the fist time and it asks for the repair cost but the home doesn’t need any and it wont let me continue without it, my queastion is, what is the basic average repair cost for a deal

Ok so if i may ask what do you consider the best property class for wholesaling

Single family

Multifamily (2-4 units)

Multifamily (6+ units)