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Updated over 4 years ago,

User Stats

660
Posts
459
Votes
Vijaianand Thirunageswaram
  • Real Estate Broker/Owner & Property Manager
  • Sugar Land, TX
459
Votes |
660
Posts

Newbies, let's analyze some local deals and make it interesting.

Vijaianand Thirunageswaram
  • Real Estate Broker/Owner & Property Manager
  • Sugar Land, TX
Posted

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? 

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