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Updated almost 9 years ago on . Most recent reply

User Stats

520
Posts
263
Votes
Mark Allen
  • Real Estate Investor/Broker
  • Irving, TX
263
Votes |
520
Posts

Diving Into My First Extensive Rehab

Mark Allen
  • Real Estate Investor/Broker
  • Irving, TX
Posted

I started buying rentals at the age of 23 in 2009. I've bought, sold and held properties since this time, but I've never put anything over $20k into a home. I just placed a home in Dallas under contract for $240k, budgeted for $100k, and plan to list it for $430k. The comps that are $430k-$450k have high-end finishes and are beautiful. I look forward to adding my own personal touch to this home and keeping everyone up-to-date!

I've also just started the Kaplan courses to get my Real Estate license AND I have a full-time job in software sales - SO, I plan for this to be the first home that I list myself. It's tenant occupied until June 1st, so I plan to have it off my hands NLT August. I'll be sure to post before and after pictures in the deal diaries once it's completed.

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