N Texas Spec Builds Complete

[Tyler H.]

Investment Info:

Single-family residence other investment in Ennis.

New Construction Builds Finished in Ennis. Properties are located right next to each other. End product turned out great, with amazing upgrades including oversized garage, quartz counters, custom cabinetry, designer tile showers. 1 property is current under Contract, 1 on market!

What made you interested in investing in this type of deal?

Ability to build on an ongoing basis for next several years.

How did you find this deal and how did you negotiate it?

Connection with fellow real estate agent.

How did you finance this deal?

Community Bank

How did you add value to the deal?

Long term relationships with subcontractors

What was the outcome?

End product is phenomenal. We will profit, plus provide great value to end buyers.

Lessons learned? Challenges?

Estimating costs for new phone floor/elevation, accounting for unknown costs/mistakes