Sid Hameed is a successful Real Estate investor in the Washington D.C. area. He migrated to the US in1977 with his family. As a child, his entrepreneurial spirit had him not only delivering newspapers but hiring a staff of 15-20 kids to help him accomplish more. He already knew, at a very young age how to get more done through others. That thought process flowed into his adult life as he became a successful and financially secure real estate investor.
Government Programs Exemplify Growth
Sid has succeeded with exponential growth by utilizing various government programs that are profitable for mid and low tiered income residents. A recent investment he acquired is a 10 unit 50,000 square foot multi-family massive building he purchased in a class “A” neighborhood in D.C. He’s working with Community Development on this investment with regards to The Halo Project. Each unit will have 6 bedrooms and 4 baths due to both demand in that area Halo Project requirements.
Sid has learned a lot along the way. Not only is ARV and MAO important in calculating the profitability of an investment property but sometimes it makes sense to leverage your money into multiple projects and a smart way to do that is to invite other investors into your projects. This enables him to have several projects/purchases in the works simultaneously. He has gone from immigrant peddling newspapers with staff to a successful multi-unit investor. He came to America for the American dream and has successfully accomplished his goals!
Here is the link to the website for the company he has developed…check it out and see what he has accomplished: https://brickfrontproperties.com/