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Updated over 7 years ago on . Most recent reply

User Stats

260
Posts
245
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Ian Tudor
  • Specialist
  • Charlotte, NC
245
Votes |
260
Posts

Closed a $10M+ deal at age 27. AMA

Ian Tudor
  • Specialist
  • Charlotte, NC
Posted

Last month, my business partner and I closed a $10.5MM mobile home park deal. It is over 500 pads in Hampton, GA, near the racetrack. I sourced the deal via cold call about a year ago. I've been working in the business for about two years. 

I see a lot of people on the forum asking how to get started with no money. It's possible. My family or friends didn't help with this deal. My parents are in the medical field. I was able to leverage the people in my network to make it come to fruition. 

Before I write a lot of unnecessary details, I'm willing to answer any questions that you may have related to the transaction or mobile home parks. 

Most Popular Reply

User Stats

260
Posts
245
Votes
Ian Tudor
  • Specialist
  • Charlotte, NC
245
Votes |
260
Posts
Ian Tudor
  • Specialist
  • Charlotte, NC
Replied

@Laura H. - good question. My background is Finance. I started off after college in accounting and hated it. I switched over to commercial real estate valuation and learned the acquisition business for a few years. The company I was working was going through a merger and I decided to jump off full-time since I had a deal wrapped up under contract. 

Over the past 8 months of being full-time, I've learned a lot about operations which I had little knowledge of.  Lots to learn!

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