All Forum Posts by: Maryam Mostafa

Hi There, i'm an architect resides in Tampa, FL. and i'm looking for a partnership opportunity to develop a land with an experienced developer, i'm sitting on cash and i have previous experiences with flipping and STR, and of course being an architect. however, in my day job, i work on commercial and not residential. message me if you a land wholesaler as well. TIA!

0 Votes

Tampa, Florida

Quote from @John O'Leary:

Hi Maryam,

What are you looking for specifically?

SFH and small multifamily

0 Votes

Tampa, Florida

Hi Friends,

Message me if you are or you know wholsalers in the states mentioned above. TIA!

2 Votes

Tampa, Florida

Quote from @Allan C.:

@Maryam Mostafa 12 cap is high risk, high effort or some combination of the two. It’s best for you to first determine what kind of investor you want to be. High risk/effort and higher yield or low risk/effort and lower yield?

I’ll use an analogy - if you want to make a lot of money why don’t you just become a doctor or a lawyer? You don’t have to be particularly smart to do either, but you need to put in a lot of work and take on a lot of debt. That’s no different than buying a 12 cap property to make a lot of money.

Figure out your investment style first and then you can ask more specific questions on different ways to achieve that goal.

thanks, Allan. i have been investing for a year. i own two rentals, one section 8 ana ABNB. i have flipped before as well. all in FL. i guess i'm open to what everbody else is thinking. i think i could do/ figure out any type of stratgies. but i'm looking to hear from experienced investors how would they utilize that cash if they were me

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If you have 100k of cash in the bank, how would YOU utilize it to yeild most cash flow/return.

i'm considering all startgies, but essentially it depends on the deal and market. however, i''m focused on cash flow.

All advice is much appreciated. helping me make my decision. mostly thinking about 5-6 until apts building somewhere for 12% cap rate or possibly higher.

4 Votes

Hey Y'all, i'm tapping into the new construction builds. i'm familiar with the process being an architect. but i'm not sure about the cost because i haven't done residential for years. so any advice on cost, contaractors recomms, anything wise words are appreciated. an example would be like 2 story mix of CMU and wood studs. TIA!

0 Votes

Tampa, Florida

looking for my next off market deal in Florida to buy n hold or flip - message me. Thanks!

1 Vote

Tampa, Florida

Quote from @Travis Biziorek:

Quote from @Maryam Mostafa:

Quote from @Travis Biziorek:

Hey Maryam, I own 12-doors in Detroit and 3 of them are rented to S8 tenants.

The best areas are C Class neighborhoods. D Class stuff and you'll run into lots of trouble and fall into what I call the "return trap".

In the A and B Class areas the market rents are higher than S8 fair market rents and it won't make sense.

My advice is to be open to S8 but do not use it as your primary/only strategy. It's a tool, and you'll be doing yourself a disservice by thinking it's right for every property.

Finally, S8 tenants are becoming much harder to find. It seems everyone and their mom want to do S8 now. My last property, which should have been very attractive to voucher holders, had 100+ inquiries, 20+ applicants, and... 1 was a S8 voucher holder.

I chose a cash paying tenant and she's amazing!

Thanks Travis, how do you identify C class neighborhoods as i'm not familiar with detroit?

Hey Maryam, that is an insanely loaded question with no short, easy answer. Happy to send you some resources about it though if you'd like.

Hi Travis, Please send me any resources you may have in regards to this. much appreciated. thanks!

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All Forum Posts by: Maryam Mostafa

Maryam Mostafa has started 31 posts and replied 44 times.

Post: buying multifamily in FL - add value

Post: Looking for a contractor and a property manager in CHI

Post: Land Development opportunity

Post: looking for wholsalers in Florida, GA, and MI

Post: looking for wholsalers in Florida, GA, and MI

Post: If you have 100k of cash in the bank, how would YOU utilize it??

Post: If you have 100k of cash in the bank, how would YOU utilize it??

Post: New construction in Tampa, FL advise and cost

Post: Looking for wholsalers in Florida

Post: Where to purchase section 8 properties in Deroit, MI?