All Forum Posts by: Noman Tariq

you can share rent it to me next and I pretend I'm your cousin for 13 years and we split the profit (wishful thinking) :)

i great way to get into the game..  Buy a multi family house .. Live in one unit and rent the other.. Better yet live in the basement and rent both of them.. Continue working continue building your equity and continue savings those rent checks.. Nothing in life is easy.. Neither is becoming a re investor with no cash 

Why are you looking for commercial as opposed to residential buildings. I would think residential has better interest rate and no balloon payments

i would def be interested in some of these models as well. I have a real estate portfolio in Philadelphia that I've been debating to sell and would be nice to input the details into some of these models to compare them to the bigger guys

my investments typically give greater than 25 coc year over year since are generally higher

Do you have an affordable eviction lawyer in Philadelphia that you can recommeend?

@Account Closed I'm very involved in the Philadelphia re market. I have everything from brrr, buy and hold, turn key... Let me know if I can help I'm typically working on 20+ deals a month

i have a 10unit turnkey portfolio for sale in Philadelphia. PM me let's talk

I dont like focusing too much on Cap Rates. I feel it is a misguided number. Instead, I prefer to use COC return.

It is the same concept if I have a trading account and i use my margin to calculate my profit/loss. In trading we typicall use Cash out/ (cash in+cost of debt)

any thoughts?

I have a 10unit turnkey in north east philly giving 11.82% cap rate and 25.32% COC return with a built in 7,575 reserve every year if financed at 4% 30 year amortized.

I am always working on deals in my pipeline that fit the BRRR strategy. Let me know if ou are interested. I currently have two in my pipeline but they go very fast!