All Forum Posts by: John Preston

4/2/0 with a 2 car garage conversion on a nice corner lot. The garage conversion has a one bedroom apartment in it, with a kitchen and a full bath. You can keep it as an in-law suite If you choose, updated homes in the area are selling over $150.00/sqft on average. The rental comps are also strong with homes leasing around 1$800-$2000 a month. This is a full rehab with updates needed in the kitchen, baths, flooring, replacing the HVAC, roof and much more. Contact me for more information. 214-997-0444

ARV: Contact me

Rehab: $57,609

Purchase Price: $211,000

Perfect spot for a new build or buy and hold near Royal Ln. Home is in good shape and will approximately need $40-50k to flip it if you wanted to. Believe it will be less if you wanted to rent this out. Comps are showing that you need to build at least a 5,000 sqft home. Will cost anywhere from $125-150 a foot to build. New build comps are selling anywhere from 1.3 to 2 million for custom builds, and there are several homes within a short walk that are being built now. Also, there are as-is homes that have sold higher than us. Contact me for more information. 214-997-0444

ARV: New Build - 1.5 Million

Purchase Price : CONTACT ME

Rehab: Investor or Builder's Choice

4/2/0 with a 2 car garage conversion on a nice corner lot. The garage conversion has a one bedroom apartment in it, with a kitchen and a full bath. You can keep it as an in-law suite If you choose, updated homes in the area are selling over $150.00/sqft on average. The rental comps are also strong with homes leasing around 1$800-$2000 a month. This is a full rehab with updates needed in the kitchen, baths, flooring, replacing the HVAC, roof and much more. Contact me for more information. 214-997-0444

ARV: $335,000
Rehab: $57,609
Purchase Price: $211,000

Off Market flip or rental in Kennedale, Texas. Home is in bad shape, and will need just about everything. Comps for both flips and rentals are tough, We are priced conservatively at 185k, but there are many homes selling over 200k in the area. Also we sit on a large lot. This property should rent around $1300 a month after updates are complete. Contact me for more information on this deal. 214-997-0444 

ARV: $185,000+

Purchase Price: $105,000

Rehab: $45,000

This is a nice and cheap rental/owner finance deal near Glenwood Park in Fort Worth. It needs a bit of everything, but should fetch a healthy return once it's fixed up. Rents here are hard to find on the MLS, so we checked with a realtor in the area to see what I could rent it out for. Contact me for more information. 214-997-0444

Purchase Price: $32,000

Rehab: $30,000

NPO: $80,000 (more for owner finance deal)

Rents: $8-900/mo.

Great rental or easy flip. This house needs very little work. This property can be rent ready with very little repairs or flip ready with a few nice touches. Contact me for more information. 214-997-0444

ARV: $140,000
Rehab: $16,000
Purchase Price: $98,000

This is a nice and cheap rental/owner finance deal near Glenwood Park in Fort Worth. It needs a bit of everything, but should fetch a healthy return once it's fixed up. Rents here are hard to find on the MLS, so we checked with a realtor in the area to see what I could rent it out for. Contact me for more information. 214-997-0444

Purchase Price: $32,000

Rehab: $30,000

ARV: $80,000 (more for owner finance deal)

Rents: $8-900/mo.

This is 3/1 1462 sqft brick house which has great curb appeal in a neighborhood where most are older framers. It has fire damage, and is priced accordingly. Rents are very healthy here at $12-1300/mo. This will make a great rental or owner finance deal. This will be a full rehab. Contact me for more information. 214-997-0444

Purchase Price: $51,500

Rehab: $40-50,000

ARV: $105,000+

Rents: $12-1300/mo.

Hey Christopher, Rents in this particular are around $975. 

Nice rental or owner finance deal in South Dallas. Home will need new paint inside and out, flooring, kitchen updates, bathroom updates, landscaping, HVAC, some minor foundation, and more. You can flip this, but in my opinion the best option is to buy and hold to rent or owner finance. This area is great for rentals and you can get $1000 a month.

NPO: $90,000
Price: $48,000
Rehab: $25,000