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All Forum Posts by: John Preston

John Preston has started 557 posts and replied 606 times.

Post: Buy & Hold Deal near Kiest Park in Dallas, Texas

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

This is a 3/2/2 1792 sqft property--large for the neighborhood. Recently updated houses in this neighborhood are getting $100+/sqft with comparable rentals garnering $1600/mo. The exterior has recently been painted (now a light grey), but apart from that, the house needs a new roof and full cosmetics to get the right price. Contact me today to check out this property.

ARV: $159,000

Price: $110,000

Rehab: $22,400

Rent: $1600/mo.

Post: Great Investment Property in Central Plano, Texas

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

This is a solid 4/2/2 2455 sqft house with a converted 2 car garage, in the heart of the "Ports O' Call" subdivision! A newer HVAC, a newer pool, and the roof will be replaced in the insurance claim. Strong comps support $340K regardless of if the garage is kept as is or reconverted back. Contact me to check out this property today!

ARV: $339,000

Price: $254,000

Rehab: $37,000

Post: Investment Home with a lot of Equity

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

Awesome OFF MARKET flip in the Spring Creek subdivision. City of Dallas but Richardson ISD. The market here is hot with most houses selling under under 15 days. Updated homes in this area are selling up to $208/sqft. All major mechanical issues have been addressed, all that is left is putting the house back together. Contact me to check out this property. 

ARV: $510,000
Rehab Estimate: $65,000
Investor Cost: $360,000

Post: LOOKING FOR BUY & HOLD PROPERTIES IN DALLAS??

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

Solid brick property in Dallas. Property has attached 1 car garage. Larger floor plan than most properties in the area, has really large 2nd living area. Pier and Beam foundation in good condition, see no issues. Pretty straight forward cosmetics needed with updated electrical. This would be a great Rental Hold Property with good up front cash flow and appreciation potential looks to be strong. Sits on a nice corner lot. Up and coming area with good rents. Contact me to check out this property. 

ARV - $119,900

Rehab - $17,500

Sell - $81,000

Monthly Rental Rate - $1,195

Post: Great Investment Opportunity Near SOC High School

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

Solid brick property in Dallas. Property has attached 1 car garage. Larger floorplan than most properties in the area, has really large 2nd living area. Pier and Beam foundation in good condition, see no issues. Pretty straight forward cosmetics needed with updated electrical. This would be a great Rental Hold Property with good up front cash flow and appreciation potential looks to be strong. Sits on a nice corner lot. Up and coming area with good rents. Contact me for more information on this property. 

ARV - $119,900
Rehab - $17,500
Sell - $81,000
Monthly Rental Rate - $1,195

Post: Great Opportunity waiting for Investor's Touch in Dallas, Texas

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

Awesome OFF MARKET flip in the Spring Creek subdivision. City of Dallas but Richardson ISD. The market here is hot with most houses selling under under 15 days. Updated homes in this area are selling up to $208/sqft. All major mechanical issues have been addressed, all that is left is putting the house back together. Contact me for more information. 

ARV: $510,000

Rehab Estimate: $50,000

Investor Cost: $365,000

Post: Mesquite, Texas Buy & Hold Deal

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

Great rental or small flip property in a nice neighborhood. Primarily cosmetic updating and repairs with some very minor foundation work needed. All leased comps are smaller square footage and leasing for $1,400 - $1,500 per month. Property sits on a corner lot with an oversized front yard. The roof could possibly need to be replaced for a flip, but there are no signs of any leaks inside the house. Contact me for more information on this property. 

ARV: $165,000

Rehab: $15,000

Cost: $119,000

Post: Rare Flip Opportunity in Southwest Dallas

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

Nice flip opportunity on this Kiestwood home sitting on over .6 acre lot. Large living rooms with overlooking views of your private heavily treed backyard. Walking distance to Kiest Tennis Center and Oak Cliff Nature Preserve with 121 acres and 8 miles of hike and bike trails. Home already has a few updates, but will need your finishing touches to make it shine. Rehab will consist of interior paint, exterior paint, some kitchen updates, bathroom updates, landscaping, new AC condenser, new windows, and misc. Contact me for more information on this property. 

ARV: $378,000

Price: $260,000

Rehab: $45,000

Post: Investment Property in Richardson ISD- Dallas, Texas

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

Great off market property for a flip or rental in Kingsley Courts subdivision of Dallas (Richardson ISD)! Home is clean and has some updates, but will need some more cosmetic upgrades to command top dollar. Rehab includes paint, flooring, bathroom updates, and landscaping. Kitchen already has stainless steel appliances and granite. Just needs some back splash and repaint cabinets. Structurally and mechanically the house is in good condition. You can also get $2200-$2300/month in rent. Contact me for more information on this property. 

ARV: $395,000
Price: $293,000
Rehab: $29,000

Post: Cashflow Investment Property in Ft. Worth, Texas

John PrestonPosted
  • Realtor
  • Dallas, TX
  • Posts 612
  • Votes 15

Hey Patrick, can you send me your email and contact number?