Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

209
Posts
37
Votes
Adam Roberts
  • Investor
  • Fort Worth, TX
37
Votes |
209
Posts

Half duplex - Dallas/FT Worth; NRH

Adam Roberts
  • Investor
  • Fort Worth, TX
Posted

**For Sale**  

Half duplex in North Richland Hills, Fort Worth TX.  This home is in good condition, and will require between $5,000 - $7,000 of repairs prior to renting.  The home is currently owner-occupied.  Details of repairs are below.  This is a contract assignment, the current closing date is August 18, only cash/hard money offers will be considered.  The home is in a great location, with excellent schools, and is close to all amenities.  Please contact me for all inquiries and questions.

3/2/2 carport, half duplex.  

Carpet in bedrooms is relatively new.  Laminate flooring in common areas is relatively new.

Home has been well-cared for.

ARV is $130 - $135K (the next door unit sold for $125,000 16 months ago)

Market rents are $1,300/month   (the next door unit rented for $1,300 14 months ago)

Repairs required:

- The HVAC unit is not new.  Although no specific repairs/replacement required at this time, it should be considered as a future expense

- The foundation requires 5 piers near the front of the property

- There is some damage on the hallway flooring (laminate) from the installation of the new water heater

- The water heater was installed without a pan, and there are a few issues with the way it was installed (will provide details from inspection report)

- The air-handler drain line leaked from the attic onto the master bathroom ceiling.  This drywall needs to be replaced.

- There is various dog-damage near the backdoor going into the side/back yard.

- The attic fire barrier between the units needs to be repaired/replaced in various areas

- I put $$$ in the budget for an interior re-paint, but depending on the buyer's preference, this may be delayed

Offering

Loading replies...