All Forum Posts by: John Preston

Awesome flip in one of Dallas's most successfully established neighborhoods located in coveted Lochwood Meadows. Ideal location for family with Lochwood Park & Library just around the corner. In district for up and coming Reilly elementary. Minutes from beautiful White Rock Lake and Casa Linda shopping center, with recently updated homes selling 230.00$ asqft. This home is in need of a full rehab with work needed in the kitchen, baths, flooring, along with updating the electrical box and much more. Contact me for more information. 214-997-0444

NPO: $515,000

Rehab: $52,000

Purchase Price: $365,000

Home has great bones. Foundation has been fixed but seller never repaired cracks. Will be a great flip or rental in Birdville ISD. Garage has already been converted and you can either make a bedroom or office. Home is a 3/2 not including garage. I believe the best play is to remove one wall to open up the living room. Market rents show 1400+. Our price opinion is priced under the average sold per foot for updated homes. Contact me for more information. 214-997-0444

Purchase Price: $91,000

Rehab: $41,500

NPO: 165,000

I do 20-30 deals a month so contact me, and be willing to meet with me so that I can add you to my email list.

3/1/1 OFF MARKET property in Holder Estates of Hurst sitting on .17 acres. Great area for Flips and Rentals. Rents are $1,100/month. This house needs a HVAC unit and duct work installed, as well as a new roof, granite in the kitchen, and new appliances. Contact me for more information. 214-997-0444

NPO:$135,000

Rehab:$22,000

Cost:$90,000

Flip or rental in Parkwood Estates subdivision. Home is a 3/2/2 with a pool. The pool is empty, and we have budgeted to fill it in. Cost to make the pool operational are unknown. Rehab consists of slight foundation, updates to the kitchen, bath, flooring, and misc. Several of the comps were not full rehabs just well maintained. Easy deal as a flip or rental. Contact me for more information. 214-997-0444

NPO - $157,000
Rehab - $32,000
Purchase Price - $95,000

Flip opportunity in Kingsley Meadows and Richardson ISD. This house already has new windows and a great floorpan. Rehab will consist of all interior cosmetics as well as a new fence in the back yard. This is a great area to flip. Contact me for more information on this property and others. 214-997-0444

NPO: $370,000
Rehab: $45,000
Price: $262,000

Good neighborhood for flip or rental! This house does sit on a busy street so we have adjusted the price/sqft considerably compared to the comps. Our subject property is at $94.33/ft. Average of comps is $103.45/ft. IMO, this would work better as a rental. You could flip it but it would be tight. There is some foundation work to be done, and we are in the process of getting a bid. Contact me for more information. 214-997-0444

NPO: $139,900
Price: $95,000
Rehab: $25,000

This is a North Dallas property within Richardson ISD. The property is very well taken care of inside, there is some work that has been started by the current home owners to the exterior and converting of the garage. The garage is fully converted already with the a/c duck work already done. I would convert the area to extra living room or bedroom, with the option of adding an additional bath which could add more value. Contact me for more information. 214-997-0444

NPO: 355,000

Purchase: 249,000

Rehab: 43,000

Nice little owner finance deal or rental not far from the Dallas Zoo. House is in great shape structurally but does need some minor foundation work. House also needs a new roof and cosmetic updates on the interior. Rent comps supporting up to $950 per month. Contact me for more information. 214-997-0444

NPO: $85,000

Rehab: $21,000

Price: $46,000

Solid rental or low end flip in East Arlington. Super low days on market in the area. This house just needs a low end finish out to hit the NPO(Price Opinion), and rehab can be done for less as a rental. Contact me for more information. 214-997-0444

NPO: $140,000
Rehab: $17,500
Price: $97,000

Nice off market owner finance or rental deal in south Dallas !!! This area has surprisingly low days on market with homes selling with the first 10 days on average, along with strong rental comps around 800-/+ a month. The budget for rehab will go towards updates in the kitchen, baths, flooring and replacing the HVAC. Contact me for more information on this property and others. 214-997-0444

NPO: $85,000

Rehab: $18,000

Price: $51,000