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All Forum Posts by: Nadeem Alamgir

Nadeem Alamgir has started 2 posts and replied 707 times.

Post: How to find wholesalers in your market

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

I recommend going to Facebook and searching up key related words associated with your market. Join them and you'll see a bunch of wholesalers on a daily basis sending out or asking for deals. I get in touch with them and ask to join their email list. 

Also you can try to find investor friendly agents. Most times these agents already have a working relationship with reputable wholesalers since they have value-added deals. They're way more savvy as well when it comes to dealing with wholesaler and some of their "tactics". Best of luck. 

Post: Real Estate Investor/Agent

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

Hey Reyjenald thank you for your service and welcome to BP! Glad to have you here! 

Post: New to BP! Hello!

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

Hey Justin, you’ve got a great foundation coming from both the financial world and firsthand landlord experience. There’s definitely a learning curve with real estate, but with your foundation, you’ll likely pick things up quickly once the right opportunity comes along. Best of luck! 


Post: New Member in Fresno/Madera

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

Welcome to BP, Brad! Great to have you here and this is definitely the right place if you’re looking to grow and connect with other investors.

I’d also recommend checking out Eventbrite and Meetup.com for local real estate meetups. I try to attend 2–3 each month, great way to network and learn. 

Post: Where To Go Next

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

Hey Giovanni, I grew up in NY, NJ/NY are tough states for landlords if things go sideways, especially with eviction delays. A lot of investors in your position choose to leverage their equity into more landlord friendly markets where cash flow and protections are stronger.

Whether you hold or sell depends on your risk tolerance, but if your goal is to scale or flip long term, moving your capital to a more predictable market could make things easier. 

Post: First Investment Property

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

Hey Zachary, you can either: 

House hack when ready, if you eventually want to move out, buying a small multifamily (2–4 units) and living in one unit while renting the others is one of the fastest ways to build equity, reduce living expenses, and learn the ropes firsthand.

Or invest in out of state rental property. Look into affordable, cash flowing markets where your savings can go further. With $15K–$25K saved, you could potentially buy a small rental (even a duplex) using conventional or DSCR financing. Just make sure you build a solid team (agent, property manager, contractor) on the ground.

Post: Lease Guidance Question

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524
Quote from @Orlando Scott:

@Nadeem Alamgir thank you I appreciate it 


 Np! Here if you have any other questions. 

Post: Lease Guidance Question

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

For Cleveland, a few useful lease additions I’ve seen from other landlords include:

– Clear breakdown of who pays utilities (especially water/sewer)
– Rules on space heaters and appliances (important for older homes)
– Lawn care and snow removal responsibilities
– Maintenance request process and response times

Not legal advice, but these have helped others avoid common issues. 

Post: New to RE Investing and exploring Cleveland, OH

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

Welcome, Maurice! Here if you have any questions or want to get an idea of what others are doing in this market.

Post: Looking to put 20-25% down on a 70K home

Nadeem Alamgir
Posted
  • Real Estate Broker
  • Posts 728
  • Votes 524

Many lenders tend to walk away from smaller loan amounts (typically under $75K) because the margins don’t justify the underwriting and processing costs.

I talk to many DSCR lenders and some might consider it, but realistically, if you're looking in markets like Cleveland, you're better off targeting higher purchase prices. I've seen the areas where these low priced deals usually pop up, and in most cases, they come with higher risk and weaker tenant base. I'd advice you to look elsewhere if you're aiming for long term stability and financing ease.