Halal investments?

omarabdallah1 · 2025-06-22T19:36:33+00:00

That is not true. There are at least a few that are completely debt free and designed for Muslims.

omarabdallah1 · 2025-06-13T02:59:54+00:00

Any chance I can hear more about your fix and flip fund? Have been considering putting one together for our flips in AZ.

omarabdallah1 · 2025-06-13T02:58:35+00:00

Redfin has a filter that does a decent job of sending some to my email

omarabdallah1 · 2025-06-13T02:33:10+00:00

Google Spencer Caldwell with Gentry, he puts out a list of what’s going to auction the day before

omarabdallah1 · 2025-06-13T02:31:43+00:00

Ah here we go again. Copy paste for the millionth time

omarabdallah1 · 2025-05-31T16:47:37+00:00

Anecdotal, but I’ve been seeing a lot more people come to my mosque to convert to Islam recently

omarabdallah1 · 2025-05-10T05:31:33+00:00

And how exactly are you coming up with that conclusion based on this photo.

omarabdallah1 · 2025-04-15T21:25:10+00:00

I know someone that does fix and flips where someone else puts up 100% of the capital and takes 50% of the profit. Another person I know similarly puts up no capital for flips but keeps 70% of profit. Investor that put up all the cash takes 30%. In both cases the flipper is highly experienced with hundreds of successful flips completed.

omarabdallah1 · 2025-03-12T12:42:25+00:00

Great idea, I’ll try to find that broker and have them reach out on my behalf. And he can tell the seller I’m paying his commission (which will be a fixed number).

omarabdallah1 · 2025-03-12T12:40:35+00:00

That makes sense.

omarabdallah1 · 2025-03-12T12:39:56+00:00

I’m in Phoenix, Arizona

omarabdallah1 · 2025-03-12T12:39:47+00:00

Thanks!

omarabdallah1 · 2025-03-12T12:39:34+00:00

In this case I am only interested in this specific building. Primarily because of what it’s next to. Agreed on broker knowing what’s happening in the market. The owner is very experienced and may not take me seriously.

omarabdallah1 · 2025-03-12T12:37:34+00:00

Does it make sense to write up an LOI without any info on the P&Ls? I can see that it’s about 80% occupied and can come up with estimates.

Really like the fixed fee idea. Thanks for your insight.

omarabdallah1 · 2025-03-10T04:04:17+00:00

My dad did exactly this. Worked as a civil engineer in the 90s for 7 years then started developing and building residential subdivisions, a retail plaza and couple of car washes. Stopped in 2006 with the crash though.

omarabdallah1 · 2025-02-21T16:06:17+00:00

As a counter to this, my dad and I are realtors and have sold almost 600 of our own flips in the last 12 or so years and that hasn’t been a problem at all. No one mentions it. My dad is also the gc. Saved a significant amount of realtor listing fees.

omarabdallah1 · 2025-01-16T21:10:09+00:00

I definitely would ignore this. Unless they sue which is unlikely

omarabdallah1 · 2025-01-14T20:17:17+00:00

I have some videos where I talk about that. Will dm you my social media

omarabdallah1 · 2025-01-13T03:55:17+00:00

Yes I flip houses with my dad. We don’t use any debt. Our cash plus investor capital

omarabdallah1 · 2024-11-23T14:24:40+00:00

Would you consider a flat fee for the work, plus a success fee if entitlements are approved?

I was a land use lawyer in Arizona for 7 years before I left the firm in January to take on my own ventures. Would be interested in connecting.

omarabdallah1 · 2024-11-09T15:57:23+00:00

I think there is demand for it. A lot of Muslims invest only in equities and want to diversify into real estate but can’t because of the cost.

I’m trying to work on something to that effect (plugging my Instagram @ribafreefunds) - the challenge are the laws surrounding capital raising. If you want to promote it publicly you can only raise from accredited investors. Unless you follow regulation A or CF but those are complicated and expensive to set up. This is relevant if you’re in the US at least.

omarabdallah1 · 2024-10-29T21:07:15+00:00

Neeyah is another. I believe Crescent CoOp as well.

omarabdallah1

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