All Forum Posts by: John Turner

Welcome to bigger pockets. As you have found out, there is a wealth of information here. I would also suggest you read some of the recommended books. There are several on rentals and vacation properties.

The webinars and podcasts are excellent too.

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Originally posted by @Matt Kauffman:

@John Turner

The other units i acquired via auction. There were 7 duplexes being sold around the corner from me in a nice neighborhood where all the duplexes were near carbon copies of each other. I was so nervous buying properties at auctions especially since I couldn't inspect them until the day of the auction. I had about 2 hours before hand and asked a GC friend of mine to help tag team them with me. I bought the 3 nicest ones. I'm normally looking for properties that need some TLC to force appreciation, but I figured that buying Turn Key properties for about $15K less than on the MLS was about as good as finding something that needed work to appreciate. All the tenants have stayed and I increased the rents significantly on all of them as well. It's been pretty good so far. Now I'm looking for some larger commercial properties that need some TLC so that i can add value and rent increases to them by making them better places to live.

@Matt Kaufman

Sounds like you seized your opportunity when it came along. That's great. You have a few under your belt now. Good luck with more!

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message sent

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Originally posted by @Pat S.:

John,

Which WNC county or city is it in?

Pat

Thanks for the response. Graham and Swain

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@Matt

@Matt Kauffman

Congratulations on your successes. Sounds like you are expanding wisely. Care to share how you grew acquired additional properties?

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We need an investor friendly real estate agent to present an offer for a property.

Looking for experienced agent as we have not purchased real property in the states before.

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@Bill Neves

I have been looking into this as well. Where is the best place to look for market data to help guide me in pinning down a purchase price? I am pretty certain some areas are different than others.

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Do you have comps for the area?

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All Forum Posts by: John Turner

John Turner has started 15 posts and replied 127 times.

Post: How to start investing in mobile homes?

Post: 1st Mobile Home Deal

Post: New Investor from South Alabama

Post: First MF investment property bought by Hall of Fame!!!

Post: Cash Flowing Duplex for sale -- 20% net CAP with $800 net profit!

Post: Need Investor friendly Real Estate Agent for western NC

Post: First MF investment property bought by Hall of Fame!!!

Post: Need Investor friendly Real Estate Agent for western NC

Post: Mobile home investors where are you

Post: Parma House, B+ Grade Neighbourhood. $1000/month, 17% CoC