All Forum Posts by: John Preston

Looking for a house in need of rehab? I have properties available throughout the Dallas-Ft. Worth area.

Give me a call to discuss details on currently available opportunities.

John Preston | Licensed Real Estate - 688609

M: (903) 576-6360 O: (214) 997-0444

Rental or owner finance deal in East Fort Worth. Rehab is pretty straight forward. House is on a huge lot that is a third of an acre. You don't need to over rehab this property, rental rates should be solid at $850 per month with a little cosmetic work. I included a couple of AS-IS comps in my packet that both sold for more than we are selling.

This house is currently being rented out for $500 per month, but is in pretty poor condition cosmetically. Tenants have been given a 30 day notice and will be out by May 27th. Rent will be $500 prorated between closing and tenants moving out. Contact me for more information!

*Broker Price Opinion: $90,000
**All in Price: CONTACT ME!
Estimated Rehab: $27,000


*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

**Seller pays all standard closing cost excluding lender fees, HOA fees(if applicable), prorated taxes, insurance, or any other buyer elective expense.

John Preston | Licensed Real Estate - 688609

M: (903) 576-6360 O: (214) 997-0444

I currently get anywhere between 30-40 wholesale properties each month in Dallas, Ft. Worth, and all of the mid/surrounding cities. A solid amount of those properties are opportunities for Buy & Hold buyers. Properties come in all different types of condition needing rehab. I must sale everything I come across. 

Please contact me for more information - 214-997-0444.

John Preston | Licensed Real Estate - 688609
M: (903) 576-6360 O: (214) 997-0444

This is a great property for a quick flip--it is a 5/2.5/2 2610 sqft. house in the coveted Vand Zandt Place subdivision--nice hills and mature trees make this a scenic neighborhood--and it's in Azle ISD! This is a house which has been mostly rehabbed by an investor, but since it wasn't finished properly, it didn't sell. Seller doesn't want to finish it, so it is being sold as-is. We have a foundation bid of $4000, and it is just minor cosmetics beyond that. Once brought up to the condition of the best comps (only one of which is fully updated) this thing should sell pretty quickly.

*Broker Price Opinion: $322,000
**All in Price: CONTACT ME!
Estimated Rehab: $32,000


*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

**Seller pays all standard closing cost excluding lender fees, HOA fees(if applicable), prorated taxes, insurance, or any other buyer elective expense.

John Preston | Licensed Real Estate - 688609
M: (903) 576-6360 O: (214) 997-0444

Small house in Fair Park. Would make a great rental @ $850/mo. Has decent equity to capture. Our lot is three times the size of standard lots in the neighborhood. Rehab includes foundation, installing an HVAC, and updating kitchen, baths, flooring, and much more. The property currently sits as a 2/2, but there is a 2nd living space that needs a closet to bump it to a third bedroom(preferably the master bedroom). Section 8 rents are $1070+/- based on the property having three bedrooms. Contact me for more information.

*All in Price: $58,000

Estimated Rehab: $25,000

**Seller pays all standard closing cost excluding lender fees, HOA fees(if applicable), prorated taxes, insurance, or any other buyer elective expense.

John Preston | Licensed Real Estate - 688609
M: (903) 576-6360 O: (214) 997-0444

OFF Market Condo near SMU in Dallas. This would be a great long term hold or quick rehab and sell. HOA is $295/month. This unit comes with two parking spots. There is a great bay window in the living room that gives plenty of natural light. This property is going to need some love to bring it back alive. It is straight forward rehab to the kitchen, bathrooms, flooring and a fresh paint job. With some modern touches you will have no trouble renting out to SMU students or selling it in the peak of summer. One comp sold last month for 240k it is the same size. It is very nice.

*Broker Price Opinion: $240,000

**All in Price: CONTACT ME!

Estimated Rehab: $25,000

*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

**Seller pays all standard closing cost excluding lender fees, HOA fees(if applicable), prorated taxes, insurance, or any other buyer elective expense.

John Preston | Licensed Real Estate - 688609

M: (903) 576-6360 O: (214) 997-0444

This is a great property for a quick flip--it is a 5/2.5/2 2610 sqft. house in the coveted Van Zandt Place subdivision--nice hills and mature trees make this a scenic neighborhood--and it's in Azle ISD! This is a house which has been mostly rehabbed by an investor, but since it wasn't finished properly, it didn't sell. Seller doesn't want to finish it, so it is being sold as-is. We have a foundation bid of $4000, and it is just minor cosmetics beyond that. Once brought up to the condition of the best comps (only one of which is fully updated) this thing should sell pretty quickly. 

*Broker Price Opinion: $322,000

**All in Price: CONTACT ME!

Estimated Rehab: $32,000

*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

**Seller pays all standard closing cost excluding lender fees, HOA fees(if applicable), prorated taxes, insurance, or any other buyer elective expense.

John Preston | Licensed Real Estate - 688609

M: (903) 576-6360 O: (214) 997-0444

If you're looking to increase your wealth through real estate in Dallas-Ft. Worth market, let's talk. 

I currently see about 20-30 off-market deals come through my office each month. I'll meet with you in person just to run through how our deals will come through to you and what they entail.

Call me old fashion - I meet with all my clients face-to-face first so I know who I'm doing business with. After that, you will get a call, text, or e-mail (or all three) from me as soon as we have the properties under contract. I don't just blast my properties out across the internet to people I haven't met for obvious reasons.

There are no fees, subscriptions, or commissions to get on the list or buy a property - so don't worry about that.

Our properties tend to sell in a matter of hours and all our deals offer great profit margins for fix and flip or fix and hold strategies, so if you're interested, please give me a call!

John Preston | Licensed Real Estate - 688609

M: (903) 576-6360 O: (214) 997-0444

This is a great cash flow duplex rental opportunity in Fort Worth! The market shows $800/month rent each side minimum. Rehab will go towards, paint, flooring, bath updates, and much more. Foundation is the biggest variable, and though it is pier and beam I put a safe plumbing budget as well. Each unit is separately metered for water and electric. That is just under $20,000 a year gross cash flow! Contact me for more information!

Property is a 2/1 on both sides. 1,512 total sqft

All in Price**: CONTACT ME!

Est. Rehab: $31,000

**Seller pays all standard closing cost excluding lender fees, HOA fees(if applicable), prorated taxes, insurance, or any other buyer elective expense.

John Preston | Licensed Real Estate – 688609

M: (903) 576-6360 O: (214) 997-0444