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Updated almost 8 years ago,

User Stats

24
Posts
4
Votes
NIc Green
  • Austin, TX
4
Votes |
24
Posts

The Country's Best Kept Investment Secret is in South Texas!!!

NIc Green
  • Austin, TX
Posted

There are several incredible deals in the Southern San Antonio/Corpus Christi/South Texas area (the eagle ford oil shale corridor) that very few investors have any knowledge of. For example, I have 2 properties currently under contract, & I barely missed another deal because I didn't have a great enough equity position to complete the deal.

The 3 deals I've come across in just the last 4 weeks look(ed) like this...

Falfurrias, TX

4/2

1,850 sqft on a 1 acre lot

Currently appraisal = $70K, up from $58K from last year, 2016

This property will ARV for $90K+

Purchase Price = $25K

Repairs = $40K (Full), $20K (Make Ready)

*3 potential renters ready to pay $1,000/mo upon purchase...with the property AS IS*

(Currently under contract. Contract expires in 7 days)

Corpus Christi Deal 1

3/2

1425 sqft

Currently Appraisal/Assessed Value = $93,300

ARV = $120K

Purchase price = $45K

Rehab = $40K (full), $20K (Make ready)

*Currently being leased out at a rate of $1,000/mo*

(Missed this deal)

Corpus Christi Deal #2

3/2

1,100 sqft

Currently appraised/assessed valued at $70K

ARV = $100K

Purchase price = $49.5K

Rehab = $40K (full), $20K (make ready)

*Currently being leased out at a rate of $2,000/mo*

(Under contract as of today)

These are just a few deals that can be found in this area. I believe there will be HUNDREDS more if acted upon quickly. The oil industry is beginning it's up-turn in it's cycle, but right now the economy is still feeling the negative effects of the down curve of the cycle. The owner's of homes in this area have no idea that the economy is about bounce back pretty rapidly. Now is the perfect time to make great deals.

Don't take my word for it. Please do your own research. When you're ready to invest...give me a shout.

NEW OIL REFINERY IN SOUTH TEXAS

http://www.alicetx.com/news/20161117/refinery-in-d... http://www.caller.com/story/news/special-reports/e... http://www.bizjournals.com/sanantonio/news/2016/11...

OIL INDUSTRY CYCLE IS HEADING NORTH IN 2017 http://money.cnn.com/2016/07/06/investing/us-oil-b... http://res.dallasnews.com/interactives/border_ener... http://www.naturalgasintel.com/articles/106512-gol...

Nic Green

Investor/wholesaler

(361) 571-6083

Offering