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Updated almost 7 years ago,
Newbie from West Tennessee
My name is Jason Britt and I'm from West Tennessee. I just finished Brandon's book "The Book of Rental Property Investing" which I really enjoyed. I am a land surveyor and own my own business, so I guess you could say I do alot of driving for dollars. In just the past couple of weeks I've seen around 10 houses that look abandoned and they kind of interested me. I am one of the people that Brandon talks about in his book that is on the fence, but I really what to take the leap and do this. I want to do this of course for financial stability in the future. Of course I have fears, mainly, what if I can't find renters. There are people I know and it seems everything they touch turns to gold. I've never been much of a risk taker, but I want to change that. As of yesterday, I had a guy tell me he had 3 mobile homes on 5 acres that he wanted to sell, he said he's moving and doesn't want to keep them. All 3 are occupied, and the rent on the 3 are $380, $400, and $450. He told me he'd sell them to me for $28,000. It sounds like a good deal to me of course there's several questions I need to ask him. Just curious to what some of your thoughts are about this. There's actually alot of room to add more mobile homes in the future. I don't want to just rent mobile homes, but I thought this might be a good way to get started. Like I said, it sounds good, but that's when the negative voice from inside says, don't do it. I apprecitate any feedback. By the way, I really love this site, I could sit and read on here all day.