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All Forum Posts by: Niyi Adewole

Niyi Adewole has started 46 posts and replied 205 times.

Post: Overcoming Roadblocks as a Young Investor

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

Hi @Andrea Cepeda

I agree with the other comments above, you are doing a lot of good things and working to surround yourself with investment minded individuals. I Host a weekly virtual call with a group of investors, lenders, CFPs, etc. Would be more than happy to include you on the invite, as it may help you continue to build your network. 

I have no doubt that you will successfully purchase your first home within the next few years, keep pushing!

Post: Getting started on Real Estate Investing

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

Hi @Trevone Williams 

Welcome to BP man! I partner with a flipper in the Atlanta Metro to complete deals like this (3 active right now). More than happy to connect with you and answer questions. 

I also host a weekly virtual call with other investors to discuss what we're working on and how we can help eachother out. 

Post: Help finding the Right insurance Company

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

Hi @Rick Wiggins

I agree with a lot of what the others on here have said. I would recommend reaching out to an Insurance broker to find a plan that will work best for your portfolio. If there a significant maintenance issues (i.e. roof leaking, etc) it will need to get corrected, but this may help get better pricing and options. 

Post: How to Buy a House with Cash? Step-by-step guide?

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

HI @Richard Davis

I agree with a lot of what has already been said regarding utilizing a realtor for your first few deals, but completely understand where you are coming from as far as trying to make your deal stand out to the buyer. You could also offer to pay your own realtor fees on the first deal and leverage that realtors expertise to learn the full process and avoid potential missteps.

Post: Property management app suggestions

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

Hi @Faustin Hoover

When i managed my own long-term units, i preferred "Buildium". It was the all in one solution for taking applications, running credit checks, collecting rent, and handling maintenance requests. Be forewarned, it is not cheap and i believe there are other softwares out today that can handle a similiar workload, i just have not had to (knock on wood) research any of that lately. 

Post: Short Term Rentals/Traveling Nurse Rental

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

Hi @Javier G.

I own 2 short term rentals in Atlanta, GA, and manage 4 additional. What you're looking for is "Furnished Finders". This website is not the most user friendly, but it is typically where travel nurses go to find housing for 12 to 16 week assignments. I post all of my listings to furnished finder as well as Airbnb/VRBO, and i have successfully hosted a few nurses there. 

Post: RE investing when you have a highly successful career

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

Hi @Chris Orlob

I would agree with what Scott said around investing in Real Estate v.s. the Stock Market. I do both, but 90% of my dollars invested go to real estate. 

I would recommend finding a partner that can function as the boots on the ground investor with experience, and becoming that individuals financial partner on deals. This will allow you to get into RE investing more passively, while still benefitting from the upside. 

Warmly, 

Niyi 

Post: Fundraising for a Project

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

Hi @Matthew Herman

Similiar to walking through a resume at a job interview, you want to be able to walk through your previous experience with other investors. I would recommend starting out with those closest to you (i.e. Friends and Family), and posting your journey on social media/on here. I started doing this specifically in atlanta a little over a year ago, and have partnered with 7 investors since then on different flip projects. 

Post: Looking for a duplex

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

@Kamilah Spencer

Hi Kamilah, 

I am an investor friendly realtor that has been personally househacking homes since 2016. WOuld love to connect and help you purchase your first Small Multifamily. PMing you now 

Post: Investing advice for beginner

Niyi Adewole
Posted
  • Real Estate Agent
  • Atlanta GA & Orlando, FL
  • Posts 211
  • Votes 99

Hi @Christian Hawkins

Develop that "Crystal Clear Criteria" of what you're looking for, and focus on that until success comes. For example, When i purchased my first home in 2016, I knew i wanted to househack. I looked only a small multifamilies (2-4) units, ran numbers, put offers and eventually succeeded.