All Forum Posts by: Allison G.

Please PM me with email address to receive additional details, including full address. Take advantage of this quick flip!

ARV: $244,000

Rehab: $18,203

Price: $179,900

What an opportunity for a rare newer built home to put minor work into and sell at a nice profit. The last time a home in this neighborhood has sold this low was June 17, 2014. Being a newer neighborhood, most homes here have not had significant or any updating. When you are finished with this small project, you will likely be the most updated home available.

This will be an extremely quick project. 

Among the needed repairs and updates are:

Carpet

Tile

Possible small amount of laminate

Paint

Kitchen granite, backsplash, appliances

Minor bathroom updates

Minor exterior work

Minor landscaping

Allison, [email protected]
www.whitestoneacquisitions.net

@Okeoma M.

Congrats & your due diligence is super impressive! I also choose to buy in Texas & live in Colorado. Also major props for digging into the details of the university. My best rentals are located near universities with on campus housing vs population issues. 

Excellent buy and hold investment opportunity in quickly appreciating Denver metro area. Home will already have equity- it could be a quick rehab and relist.

Bedrooms: 3 *Currently a 2 bedroom but the budget includes walling up a 2nd living room

Bathrooms: 1

Garage Spaces: 2

Square Feet: 1,272

ARV: $254,000

Rehab(Resale Budget): $18,622

Rehab(Rental Budget): $11,300

Rental Rate: $1,350-1,400

Price: $194,000

Close Date: November 6, 2015

This is an assignment of contract, no double close fees

Buyer pays all closing costs

Between Mississippi Ave, S Buckley, E Mexico, and the West Tollgate Creek, nothing has sold this low since January 30th. We estimate this home could sell at least $15,000 higher on the MLS.

The home is currently a 2/1, however there are 2 living rooms in which one can be turned into a 3rd bedroom. We have budgeted extra for this framing, sheet rock, electric, etc. Other than this, the home is in fairly good shape. For a rental you will only really need paint an flooring, minor kitchen updates, a bathroom vanity, toilet, and tub, minor plumbing, as well as some misc work. For a fix/flip, you will need the same but with higher quality flooring, kitchen, and bathroom materials.

Call or message me today if interested!

Allison, Whitestone Acquisitions Team

allison@whitestoneacquisitions.net

(254)644-3690 Mobile

Hello All,

I am looking to build my investor database in the Denver area. If you would like to receive off-the-MLS investment properties, please respond with your email address and property specifications (NO SPAM). We are a honest and easy to work with team. The majority of our transactions will be assignments of contract with no extra fees associated. We are looking for experienced investors in the area. Thanks for taking the time to read this post!

Property is located in Houston, TX (Champions Forest area) 77090

Bedrooms: 4

Baths: 2.1

Garage Spaces: 2

Square Feet: 2,149

Price: $110,000

Flip Rehab: $30,850

Rental Rehab: $8,000

ARV: $180,000

Rental Rate: $1550-$1600/month

Close Date: October 13, 2015

This is an assignment of contract, no double close fees

Buyer pays all closing costs

In the last 11 months the lowest MLS sale in this part of Ponderosa Forest over 2,000 square feet was $125,000. Several homes in this condition sold in the $130s and even up to $144,000. The only truly remodeled homes were 1806 Big Horn Dr and 1810 Big Horn. Both sold for full list price with no seller concessions in an average of 8.5 days on market, indicating each may have received a higher offer if they priced higher and waited for more showings. This home would also be a great rental with very little work. Homes this size regularly lease for $1500-$1600/month. See pictures- home is clean and would likely need a thorough make ready clean, some new flooring and a few miscellaneous to be rental ready.

The home will likely need minor foundation. According to the seller, he got a bid for 11 piers. The roof and HVAC system appear to be in good working order. 

Allison, Whitestone Acquisitions Team

mobile

Hello Corry,

Sorry for the delayed response but we are excited that you will be joining us in Houston!

I currently have a couple of properties that match your specifications. What is your email?

Closing Coordinator, Sales Agent, Client Contact/Cold Caller, Research Assistant, Rehab Analyst

They are all so important!