All Forum Posts by: Schyler Witt

5 / 3.5 / 2 || 2921 sq. ft. || 1989 Build

It is a very clean house with some updates, including nice laminate floors throughout. You will need to update both bathrooms, fresh coat of paint everywhere, and some new fixtures. House can be rented as is now!! Please call me for access or any questions. We have closing set for Monday August 4th. We can get more time if need be. Rental ready AS-IS $2,100 /mo.

Rehab budget:

0 Votes

Shane,

I am not factoring in holding and selling costs with a gross profit. Factoring in those costs would be the net profit of the investment. Also, because holding cost and selling costs could be different depending on funds the investor uses a long with their exit strategy.

Thanks

Schyler Witt

0 Votes

High Plains Ct. Arlington, TX 76014

ARV: $115,000

Cost: $71,000

Rehab: $21,000

Gross: $23,000

4 / 2.5 / 2 | 1633 Sq. Ft. | 1983 Build
House was originally a 3/1.5 but someone added a 4th bedroom and 2nd full bath upstairs a little while back. The whole house is in really good shape and just needs cosmetic updating throughout!
PLEASE CALL SCHYLER AT (817) 966-9444 TO SET UP A SHOWING.

0 Votes

Fort Worth, TX 76133

ARV: $170,000

Cost: $108,000

Rehab: $28,000

Gross: $34,000

4 / 2 || 2027 Sq. Ft. || 1967 Build
Repairs Breakdown:
Paint - 3,500
Flooring - 5,000
Kitchen - 5,000
Paint and Texture Garage - 1,000
Bathrooms - 3,000
Foundation - 5,000 (still waiting on bid)

Hot Water Heater - 500
Exterior - 1,500
Fence - 1,000
Misc - 2,500
Total - 28,000
PLEASE CALL/TEXT SCHYLER AT (817) 966-9444 TO SET UP A SHOWING.

0 Votes

Arlington TX 76018

ARV: $115,000

Cost: $75,000

Rehab: $18,500

Gross: $21,500

3/2/2 1984 build NON MLS DEAL!

House is in good shape just needs roof and drywall repair due to roof, foundation work, and minor cosmetics for a solid rental!

PLEASE CALL/TEXT SCHYLER AT (817) 966-9444 TO SET UP A SHOWING.NEW: Wholesale Property in Arlington TX 76018

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@Paul Janerico It has been all day, it is already sold! Also, I should have another one by next week. Not a 36% cap, but around 18%. Still a solid deal!

0 Votes

Mesquite, TX 75150

ARV: $135,000

Cost: $73,000

Rehab: $35,000

Gross: $27,000

4 / 2.5 / 2 1696 Sq. Ft.
Home run Non MLS deal in Mesquite! Would make a great rental at $1350/month. House is a 4/2.5/2 that needs a little bit of everything rehab wise. Roof, A/C, foundation, and full cosmetics will be needed. Tentative showing time is today, Friday at 3:00pm.
PLEASE CALL SCHYLER AT (817) 966-9444 IF YOU ARE INTERESTED IN GOING TO SHOWING.

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$112,068/yr

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It needed 20k in work, so the investment would total 160k. With a net of $57,169 after all expenses, correct.

1 Vote

Casa Del Sol Dallas, Texas 75228

ARV: $125,000

Cost: $79,900

Rehab: $25,000

Gross: $20,100

4 / 2 || 2151 Sq. Ft.
Great rental property with instant equity! Long term sec 8 tenant at $1,197/mo. Tenant would like to stay. Rent gets mailed from the State to your mailbox! 4/2s in the area are getting 1,300-1,350/mo. Rehab budget is for a flip. Best course of action is to rent out for a few more years, then rehab and sell retail! Great opportunity, don't miss out!
PLEASE CALL/TEXT SCHYLER AT (817) 966-9444 TO SET UP A SHOWING OR FOR MORE INFO ON THE PROPERTY. THANKS!

0 Votes

All Forum Posts by: Schyler Witt

Schyler Witt has started 50 posts and replied 70 times.

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