All Forum Posts by: John Preston

FLIP OPPORTUNITY IN BENT TREE SUBDIVISION! PURCHASE PRICE UNDER MILLION DOLLARS. APPRAISED AT 1.45 MILLION. CONTACT ME FOR MORE INFORMATION. SERIOUS BUYERS ONLY. DO NOT WASTE MY TIME! 214-997-0444

ARV: 1.45 million (APPRAISAL TO PROVE VALUE)

Purchase: $800,000

Rehab $250,000-300,000 (ALREADY HAVE BID)

@Account Closed Before I send specific property information out, please give me a call. If I do not hear from you, I will assume that you are not seriously interested in this packaged deal. My contact number is 214-997-0444.

If you are interested in any of my properties. Please contact me via phone at 214-997-0444

I have 4 1/1 806 sqft units which are currently all rented out collectively for $2260/mo. however, based on the same unit in the same complex, and two units in the adjacent complex (similar size), market rents are $3000/mo! Based on a 30 yr. fixed PITI/HOA loan at 5% ($1780), the current cashflow is nearly $500/mo, meaning that net income would be over $1200/mo--you simply can't find those sort of numbers on the SFR side these days. Contact me for more information. 214-997-0444

Price: $145,000

Rehab: Currently Unknown

ARV: $190,000

Rents: $2260/mo (current), $3000/mo (market based on another $750/mo/unit)

FLIP OPPORTUNITY! PURCHASE PRICE UNDER MILLION DOLLARS. APPRAISED AT 1.45 MILLION. CONTACT ME FOR MORE INFORMATION. SERIOUS BUYERS ONLY. DO NOT WASTE MY TIME! 214-997-0444

ARV: 1.45 million (APPRAISAL TO PROVE VALUE)

Purchase: $800,000

Rehab $250,000-300,000 (ALREADY HAVE BID)

4/2.1/converted 2 car garage in Carrolton. The garage will need to be reconverted. Foundation repair will be needed along with updates throughout the house. The subject house backs up to commercial as well as some of the comparable properties you will see either back to the same commercial or to Trinity Mills/Bush. Days on market in this area are low with an average of 14 days for renovated houses. Contact me for more information. 214-997-0444

ARV- Contact me
Price - $215,00
Repairs - $50,000

@Maynhia Stott I emailed you, and received no response. 

Great rental or flip in Bedford. This house needs a little bit of everything, and it has plenty in the budget including a large miscellaneous budget. Rehab includes interior and exterior paint, flooring, foundation work, kitchen and bath updates, replacing the roof, and pool servicing. Contact me for more information 214-997-0444

ARV: $229,000

Rehab: $51,000

Purchase Price: Contact me for price

Flip opportunity with a straight forward rehab on a large house in Bedford. New carpet was recently laid in the house. This house is in good shape structurally but needs a new roof. Remaining rehab includes interior paint, refinishing kitchen cabinets, bathroom updates, and additional flooring. Contact me for more information. 214-997-0444

Purchase Price: 332,000
Rehab $ 60,000
ARV: CONTACT ME!!

These are two adjacent, single family homes in Ft. Worth. One is 2/1 1272 sqft, and the other is 2/1 916 sqft. There are many new build comps all around which are getting nearly $100/sqft, but rehabbed comps are rare, so we are being conservative with our valuations. However, rental comps are strong at $900+/mo. These would make great owner finance deals as well--great area for it! You could add a 3 bedroom in the larger of the two properties, as there is space for it. Contact me for more information. 214-997-0444

Price: $59,500 (to purchase both)
Rehab: $60,000 for both ($30k a piece)
NPO: $190,000 ($80K for property one, $110K for property two)
Rents: $1850-2000 ($850/mo for property one, $1000-1150 for property two)