AudieWyoming
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- Joined
- Dec 25, 2009
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TexasBred":2qyph0d3 said:Caustic Burno":2qyph0d3 said:Chippie is right about the property being bought up as investment. Friend of mine bought a house for his daughter while in college.
After she got out he remodeled and now lease's it to 4 college students. He got to making so much off it he bought a couple more and did the same thing.
Had a friend who bought a little lot and put a simply mobile home on it about 10-12 years ago for his daughter. Rented other bedrooms to a couple of other girls. His second daughter will graduate in May/June and he plans to just keep renting the thing. Has made a killing off of it.
The guy who owns Cherie's town house bought it to send his girls through school. She has purchase option after one year.When she first interviewed then elected to accept the job, part of my plan was to buy/build a home on a smaller isolated, maybe 40 acres in a rural community then possibly try put together 3 or 4 income properties in CS to replace the cattle for my lunch $$$$$. If we don't find some cheaper options the dollars are not going to reach. I have never had close neighbors, not going to start now.