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Updated almost 6 years ago,

User Stats

21
Posts
7
Votes
Reno Puente
  • Real Estate Agent
  • San Antonio, TX
7
Votes |
21
Posts

9239 Mirecourt San Antonio, TX

Reno Puente
  • Real Estate Agent
  • San Antonio, TX
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $75,000
Cash invested: $20,000
Sale price: $144,000

ABSOLUTELY GEORGEOUS HOME - COMPLETELY UPDATED GRANITE COUNTERS WITH TILE BACKSPLASH IN THE KITCHEN & BOTH BATHS, STAINLESS STEEL STOVE, DISHWASHER & ROOF, CERAMIC TILE, CARPET, LIGHT FIXTURES, FAUCETS, BLINDS, INTERIOR & EXTERIOR PAINT, BEAUTIFUL FRONT DOOR WITH DECORATIVE GLASS, SOME INTERIOR DOORS & WINDOWS, BATH CABINETS, TUB AND TILE SURROUND WITH DECORATIVE BANNER, FRONT FENCE & GATES. CONVENIENT TO 1604 & GUILBEAU RD. IN A GREAT NEIGHBORHOOD WITH A POOL, TENNIS, SPORTS COURT & PARK

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

The property had potential for a value add property.

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

The owner is one of our property management clients.

How did you finance this deal?

Owner finance.

How did you add value to the deal?

Complete rehab and updating.

What was the outcome?

Sold in 15 days.

Lessons learned? Challenges?

Wish we would have bought more properties in that neighborhood.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We are licensed REALTORS.

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