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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 3 times.

Post: Buying a vacant gas station located on college campus

Account ClosedPosted
  • El Paso TX
  • Posts 3
  • Votes 0

It does seem like a little more than what I can handle right now. Thanks a lot to the both of you for the insight. Your concerns definitely made me realize this is no quick fix.

Austin Rinearson

Post: Buying a vacant gas station located on college campus

Account ClosedPosted
  • El Paso TX
  • Posts 3
  • Votes 0

Wow thanks for the quick response!

I'm curious as to why it can only be used as a gas station, though.  Environmental/safety issues perhaps? I had a vision that maybe I'd renovate it and sell it because it's smack in the middle of campus and I figured someone would want to open up shop considering all the foot traffic around it.

Or is that just naivety?

Post: Buying a vacant gas station located on college campus

Account ClosedPosted
  • El Paso TX
  • Posts 3
  • Votes 0

Hi,  

I'm new to investing in real estate.  I'm a junior at FL State University and I was curious about purchasing a vacated gas station and flipping it.  Would you recommend this or are there hidden regulations and other fees I should expect?