167: 7 Doors in 11 Months While Investing Out-of-State w/ Hashim Ismail

Mar 23, 2022

53:34

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As a dreamer and life-long learner, Hashim Ismail makes it a goal to push himself. Hashim officially started his real estate investing journey eleven months ago but began learning about real estate just two years ago. He dealt with analysis paralysis, but after making a goal to start in 2021, he decided to jump in with both feet. Through hard work, dedication, and optimism, Hashim has closed on seven properties in eleven months.

Since Hashim invests out-of-state he dealt with a whole new set of obstacles apart from the usual challenges new investors face. He combatted this by using the BiggerPockets forums to learn and network as much as possible. Hashim used keyword research on the site to find and connect with key players in the Memphis market. Through the new connections he made, Hashim educated himself on the area, without having to physically visit! Investing out-of-state can be risky within itself, so Hashim has created a series of processes to mitigate risk as much as possible. While redundancy is a large part of his process to reduce and catch errors, Hashim has found immense success simply by stepping out of his comfort zone.

In This Episode We Cover

Analysis paralysis and how to use goal-setting to overcome it

How to use the BiggerPockets Forums to build your investor network

Out-of-state investing and how to penetrate a market you know nothing about

Using processes to mitigate risk and how to make a repeatable investing system

Desk appraisals and why they’re worth every penny

How to approach networking and get the most out of every interaction

And So Much More!

Links from the Show

Ashley's Instagram

Tony's Instagram

Tyler Madden BiggerPockets Profile