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All Forum Posts by: Yasmine Bisumber

Yasmine Bisumber has started 20 posts and replied 267 times.

Post: Investing in South Florida

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

 Oakland Park is probably not the place you will get much traffic from on Air BnB only because it isn't close to vacation spots unless the property you find is East of I-95 (closer to the beach). But it is a good place to rent out to long term tenants because it is close to the Ft. Lauderdale area and as you may know that city is growing super fast. South Florida is a great place to invest but it can be random at times as far as good/bad areas and pricing. South Broward is also great to invest in Pembroke Pines, Miramar, Davie, Plantation, some parts of Hollywood and so on. 

Post: This Newbie is now PRO!

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

Yay! I am a Newbie Pro as well..It is pretty awesome. Warm Welcome.

Post: How to sell the Purchase Agreement (not the house!)

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

This is interesting, thanks for sharing. Do you get any negative feedback or questions asking why you no longer want to buy the house? If so, how do you overcome that?

Post: Need a Realtor in the 3rd hottest market for rehabs in the country South Florida???? and wholesale properties

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

PM me, I am interested in working together. 

Post: Newbie in South Florida

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

Welcometo BP, its the best way to start off. Being a part of your local REIA is great, I wish I could join but my work schedule will not let me attend.

Post: Is it better to invest in my area that has sky high prices or invest in other markets?

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

I had the same thoughts, I live in South Florida. If your local market isn't comfortable for you starting out then I suggest at least stay with the state. California is huge! Joint ventures are always a good idea when it comes to higher priced homes. My .02, happy investing. 

Post: What scares you most about getting started in real estate investment?

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

You know, although we are speaking about RE on this site. The advise you have given can really be taken and applied to life in general. I embrace my fears and the fact that failure is part of learning. I think I will do just fine I hope to be the person who can help a new investor in the future. People who take their time out such as you to just answer questions and help someone like me I couldn't pay 1 million bucks for.

I will be sure to share my journey as it unfolds.

Post: What scares you most about getting started in real estate investment?

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

Thanks for the advice. I know once I close and get past my first deal my fears will go away. As with anything in life, I think we all have first time jitters. As I network and pull together a decent budget for marketing I will be on my way in no time. I am definitely going to share my experience - good and bad here on BP In hopes of helping others.

Post: What scares you most about getting started in real estate investment?

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

Well, no deals yet. I am brand new so to speak. My goal is to flip and mix in rentals for the long term income. However, wholesaling seems to be the best way for me to get started and raise some money.

My fear is this: what if I find a deal and get it under contract and then no one wants it? What if I get the rehab numbers all wrong? Then what? I certainly do not have the money to go to closing.

Even with that I want to get started, I am eager to learn even if it means learning from an expensive mistake.

Post: What scares you most about getting started in real estate investment?

Yasmine BisumberPosted
  • Realtor/Investor
  • Ft Lauderdale/ Miami Florida
  • Posts 311
  • Votes 104

I think at this moment my biggest fear is not finding a buyer for a property. Or, better yet, not knowing enough about the market and if my deal is acutally a "deal". I am sure this will pass after my first deal or so.

Thanks for asking btw.