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Updated about 9 years ago on . Most recent reply

User Stats

74
Posts
22
Votes
Mike Jury
  • Investor
  • Plano, TX
22
Votes |
74
Posts

On the Market North Dallas Flip

Mike Jury
  • Investor
  • Plano, TX
Posted

Preston Hollow flip, nice area

Just Listed $750,000, looking for a new owner now.

Started as 5/3/2 finished as 4/3/2, Waiting on final number but rough are 355K purchase, rehab around 160K holding cost 40k 

What an adventure, we purchased this through a local wholesaler.  After the people moved out, and Junk King hauled 3 truck loads away, we filled a 40 year dumpster, just to get to the demolition stage.  5 dumpsters later we started reconstruction.  

As always questions and comments are appreciated.

Here are the pics 

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Most Popular Reply

User Stats

74
Posts
22
Votes
Mike Jury
  • Investor
  • Plano, TX
22
Votes |
74
Posts
Mike Jury
  • Investor
  • Plano, TX
Replied
Originally posted by @Vic Marichal:

That's better than what I've seen in the flip or flop show... Good luck selling the property. Do you use a steady contractor and how do you know you have the right contractor before he/she starts working?

 We were the general contractors, this is the first one we GC'd. I was ready to fire myself on several occasions, not for the quality of work but for the speed at getting things done.  We used a lot of subs, we had a consulting arrangement with a home builder and used a few of his subs, most were great.  We only fired one sub, more talk than performance.  

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