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Updated over 4 years ago,
- Real Estate Broker/Owner & Property Manager
- Sugar Land, TX
- 459
- Votes |
- 660
- Posts
Newbies, let's analyze some local deals and make it interesting.
Hello New Investors,
I know many people get stuck in the analyzes paralysis mode and never move forward. One of the big mental pressure among new investors is, whether I did the right thing to pick up this deal or missed it out. So I thought Iet me share some of the deals which I did for myself and for investors and see whether you will do it or not do it and what would be the reason.
Location: Missouri city
Year: 2018
Property: 1628 Sqft, 3/2/2
ARV at that time: $135k, now $151k
Purchased: 120k
Rent -$1365, now $1415
Rehab required: $500
Not lot of discount just $15k from the market. We purchased for cashflow and good rental area. It was rented within 30 days and have tenant living in 2 years now and 2 more extended.
Will you consider this deal or not in 2018 if you were me?