|
|
|
|
|
- 44 Answers
- 1 Best Answer
- 6 First Answers
- 21 Useful Answers
Share this profile
Report this profile
Report this profile
About Me
My name is Khazeem Asadullah. I started a full services real estate company called Serapis Construction and Counseling Service (SCC for short) after loosing everything to Hurricane Katrina and witnessing first hand how difficult it can be to find honest contractors, agents, appraisers, brokers and lenders. My personal business background is in Retail (10 years, very successful) and Law as a professional federal civil/criminal litigator and Writ Writer (15 years, very successful). My ability to do thorough research makes my Real Estate company unique, because I taught myself this business. I know the things that THEY don't want you to know.
I've taught hundreds how to acquire homes at discounts ranging from 30% - 50%. I've sold dozens of homes to low income families. I've changed the quality of life for a few families by getting them into new homes without mortgages. My company is for the people. It is honest, it is straight forward, we charge no hidden fees, we earn no percentages or commissions, we have no vested interest in the cost of your home or the location you choose. This is SCC. And I stand by the integrity of my company.
What makes my company different from all others is that we are here for everyone. We offer our services regardless of income, credit, size of the home, or the amount of your loan. And we will find the land for you to build on, find contractors, acquire the home for you at a discount, and in some cases, we will even find financing for you at no extra cost. All of this will be based on your financial situation and what is best for you because I do not earn income based on percentages. And that makes my company different. My company will build your home at a price that will beat any of the competitors........ guaranteed.
We also wholesale discounted, custom homes to contractors. We provide information on how to be successful as an investor in this current Real Estate market. We will train you to properly sell homes at a discounted price so that all Americans can enjoy home ownership. If you're just a concerned citizen, we sell a pretty good and informative book called "The Psyche Of Voluntary Slavery" which deals with this whole credit based economy and how big lenders use it to enslave America.
For more free information, simply email a personal request for information at the email address below or visit my website. Thank you for you time.
info@serapisdebtservices.com
I've taught hundreds how to acquire homes at discounts ranging from 30% - 50%. I've sold dozens of homes to low income families. I've changed the quality of life for a few families by getting them into new homes without mortgages. My company is for the people. It is honest, it is straight forward, we charge no hidden fees, we earn no percentages or commissions, we have no vested interest in the cost of your home or the location you choose. This is SCC. And I stand by the integrity of my company.
What makes my company different from all others is that we are here for everyone. We offer our services regardless of income, credit, size of the home, or the amount of your loan. And we will find the land for you to build on, find contractors, acquire the home for you at a discount, and in some cases, we will even find financing for you at no extra cost. All of this will be based on your financial situation and what is best for you because I do not earn income based on percentages. And that makes my company different. My company will build your home at a price that will beat any of the competitors........ guaranteed.
We also wholesale discounted, custom homes to contractors. We provide information on how to be successful as an investor in this current Real Estate market. We will train you to properly sell homes at a discounted price so that all Americans can enjoy home ownership. If you're just a concerned citizen, we sell a pretty good and informative book called "The Psyche Of Voluntary Slavery" which deals with this whole credit based economy and how big lenders use it to enslave America.
For more free information, simply email a personal request for information at the email address below or visit my website. Thank you for you time.
info@serapisdebtservices.com
My Q&A
View all >>
Khazeem Asad…'s Questions (0)
Khazeem Asad…'s Answers (44)
Khazeem Asadullah answered:
The question is how fast do you plan to sell? And are you sure you can get the return that you expect? If you set up the sell prior to purchasing the property then paying with a credit card may be a great idea. Just my take on it....
Khazeem Asadullah
Khazeem Asadullah
Khazeem Asadullah answered:
You have this question posted twice..... so you should delete one of them. However, here is my answer again:
1) You may want to try a "trust".
2) You can write your own agreement and it is good in any court of competent jurisdiction. As long as all concerned parties sign it, have it notarized, and properly file it, it will be binding.
3) I'm not sure about the depreciation part....lol.
Khazeem Asadullah
1) You may want to try a "trust".
2) You can write your own agreement and it is good in any court of competent jurisdiction. As long as all concerned parties sign it, have it notarized, and properly file it, it will be binding.
3) I'm not sure about the depreciation part....lol.
Khazeem Asadullah
Khazeem Asadullah answered:
1) You may want to try a "trust".
2) You can write your own agreement and it is good in any court of competent jurisdiction. As long as all concerned parties sign it, have it notarized, and properly file it, it will be binding.
3) I'm not sure about the depreciation part....lol.
Khazeem Asadullah
2) You can write your own agreement and it is good in any court of competent jurisdiction. As long as all concerned parties sign it, have it notarized, and properly file it, it will be binding.
3) I'm not sure about the depreciation part....lol.
Khazeem Asadullah
Khazeem Asadullah answered:
The only formula there is for any form of investment is - "buy low, sell high". In other words, can you actually sell it for more than you paid for it, and how cheap can you sell it for a still profit? These are vital questions. And if you need a loan to buy the "investment property" and you plan to rent the place out, then you must calculate the lowest rent possible to earn a monthly profit and pay your mortgage.... PLUS, you must be able to set aside "maintenance" money. All of this MUST come out of a "below average" rent payment.
I say "below average" because you don't want to base a loan on anything current because it may go down against you, or it may go up in your favor... but if you plan for the low end and you can see a profit there, then its a good investment. Never plan "best case scenario", but "worst case scenario", and that will tell you if it is worth it. There is no real secret formula for this, in fact, it's quite simple. Always do the math very, very liberally!
Khazeem Asadullah
I say "below average" because you don't want to base a loan on anything current because it may go down against you, or it may go up in your favor... but if you plan for the low end and you can see a profit there, then its a good investment. Never plan "best case scenario", but "worst case scenario", and that will tell you if it is worth it. There is no real secret formula for this, in fact, it's quite simple. Always do the math very, very liberally!
Khazeem Asadullah
Khazeem Asadullah answered:
Jia,
The example that I gave that you admitted was a stretch was based on YOUR data. See: Dublin (i only used whole numbers). And that one was a 6.9 cost to income ratio. Some of your data shows a much higher ratio like Sunnyvale ($94k income / $720k homes)..... a whopping 7.67. That is so overpriced that it should be criminal. And your example of the immigrants is truthful, but it has no affect on the argument put forth by Nrv. His argument still stands as the truth. Sorry Jia, you're on the wrong side of this one. An overpriced market is an overpriced market...... PERIOD!
The example that I gave that you admitted was a stretch was based on YOUR data. See: Dublin (i only used whole numbers). And that one was a 6.9 cost to income ratio. Some of your data shows a much higher ratio like Sunnyvale ($94k income / $720k homes)..... a whopping 7.67. That is so overpriced that it should be criminal. And your example of the immigrants is truthful, but it has no affect on the argument put forth by Nrv. His argument still stands as the truth. Sorry Jia, you're on the wrong side of this one. An overpriced market is an overpriced market...... PERIOD!
Jia,
Your information is great but you failed to make a solid counter-point to Nrv. Therefore, Nrv's point is still valid. What you posted says nothing about the affordability of a home in these areas in regards to income. For example: i don't care what you or anyone else says here, a person making near $100k per year cannot afford a home priced at nearly $700k. Not possible with the cost of gas, insurance, taxes, food, etc. Impossible. And that's the point that Nrv was trying to make, and his point that anything above a 4X is too expensive, and I agree. This has nothing to do with area.
But thanks for that information, I was looking for something like that... lol.
Khazeem Asadullah
Your information is great but you failed to make a solid counter-point to Nrv. Therefore, Nrv's point is still valid. What you posted says nothing about the affordability of a home in these areas in regards to income. For example: i don't care what you or anyone else says here, a person making near $100k per year cannot afford a home priced at nearly $700k. Not possible with the cost of gas, insurance, taxes, food, etc. Impossible. And that's the point that Nrv was trying to make, and his point that anything above a 4X is too expensive, and I agree. This has nothing to do with area.
But thanks for that information, I was looking for something like that... lol.
Khazeem Asadullah
Let me add, I make pretty good in my business. In fact, I'm being modest, I do very well. But the average median household income is only $48k in America. I don't know where we get out data from. For those of us that make $200k or more, we are in the top 5% of income earners in America. This is not my data, this is the official data, so if its a lie, its a lie that they tell. But I deal with people and the average person doesn't make a lot of money. I have a link here : http://en.wikipedia.org/wiki/Median_household_income and below.
Nrv, I just mentioned this on another forum. This is not only true for San Ramon, its true for most of America. Good post.
Khazeem Asadullah is a member of Trulia Voices:
Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.
| Company Info: | About Us | News Room | Blog | We're hiring | Help Center | Customer Service |
| Partners: | Real Estate Professionals | Submit Your Listings on Trulia | Advertise | Tools for Your Site | Trulia API | Publishing Platform |
| Legal: | Terms of Use | Privacy Policy | Community Guidelines | Contact Us |
|
Residential Real Estate: |
San Francisco real estate
|
New York real estate
|
Los Angeles real estate
|
Orlando real estate
|
Miami real estate
|
Philadelphia real estate
|
Phoenix real estate
|
San Diego real estate
|
San Jose real estate
|
Chicago real estate
|
Arizona real estate
|
California real estate
|
Florida real estate
|
Illinois real estate
|
Massachusetts real estate
|
New Jersey real estate
|
Pennsylvania real estate
|
Texas real estate
Other local real estate | Home price maps | Real estate guides | Real estate community | Homes for sale |
Copyright © 2008 Trulia, Inc. All rights reserved.
Fair Housing and Equal Opportunity
|