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Updated over 6 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Sandy D.
  • Magnolia, TX
1
Votes |
10
Posts

My first deal - would like your thoughts

Sandy D.
  • Magnolia, TX
Posted

Hi everyone!  SO excited to be able to share this you!  I decided last year to start investing for financial freedom.  I like to jump in so after a few months of research, I just went under contract for a 6 unit mobile home Park in Huntsville, TX. It' on lots acreage so there is room to expand.  I used to BP rental calculator and the numbers make sense.  Would you buy this sort of Deal?  And if so, what else should I be thinking about? Thanks in acreagendkwvance for your feedback!

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Friendswood, TX
508
Votes |
663
Posts
Account Closed
  • Rental Property Investor
  • Friendswood, TX
Replied

@Sandy D. I don't know the BP calculator well but its most likely not going to accurately represent what this deal is.  What @Ryan Groene said.   Feel free to reach out.  If it was south of houston I might be interested .  I have a couple deals on the north I'm prospecting but 6 spaces in huntsville is probably too small for me.  If its something that can be made a great deal though, you never now.  Share some specifics. 

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