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Updated about 4 years ago,
Duplex Flip in Old East Dallas
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $190,000
Cash invested: $55,000
Sale price: $335,000
I flipped a duplex in old East Dallas and had a lot of offers on this particular flip!
Duplex had never been updated and had all original tile, cabinets, etc from the 1950s.
This neighborhood is great because there are significant revitalization projects going on and people from downtown are moving to outter Dallas for better rent prices and home prices! Rents are consistently going up in this area as well.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes. Zach Bell is a great realtor for any investor looking to get into REI in Dallas, TX!