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Updated about 2 months ago on .

User Stats

21
Posts
4
Votes
Ian Hamrick
  • Investor
  • San Antonio, TX
4
Votes |
21
Posts

using real estate to accomplish a big goal

Ian Hamrick
  • Investor
  • San Antonio, TX
Posted

Investment Info:

Other buy & hold investment in Eagle.

Purchase price: $700,000
Cash invested: $250,000

🏕️ Welcome to Kingfisher RV Park — Your Home Base in Kingfisher, OK!
Looking for a comfortable, affordable place to settle in while you work? Kingfisher RV Park is the go-to spot for contract workers and long-term residents who want more than just a place to park — they want a place to recharge.

What made you interested in investing in this type of deal?

I lived in RV parks for many years with the goal of owning one.

How did you find this deal and how did you negotiate it?

Found this deal on the web and used a local real estate agent to negotiate

How did you finance this deal?

1031 and bank loans

How did you add value to the deal?

Added amenities and features

Lessons learned? Challenges?

lessons learned?
You can never ask enough questions and always be willing to back out if something doesn't feel right

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I would absolutely recommend the agent I worked with.