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All Forum Posts by: John Preston

John Preston has started 557 posts and replied 606 times.

Post: Build New Investment Home in Arlington Heights Near Ft. Worth!!

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

Charming and cozy on a double lot in beautiful Arlington Heights! (Lots 28 & 29) Location, location, location!!! Original hardwoods. She needs your cosmetic touches to make her your own and you can easily add a mother-in-law suite and or pool in the back! If you desire a new and larger home, plenty of room for that! Seller will be making NO REPAIRS so please do not ask. If you would like to know more about this property, contact me today!

ARV: $775,000

Price: $190,000

Rehab: $425,000

Post: Great Opportunity to Buy & Hold Investment Property in Dallas, Tx

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

Great opportunity to Buy and Hold an updated Lochwood property under $200K. Property was fully renovated in 2015 with new Electric Panel and HVAC along with all cosmetics. Property was Leased on a 2 year for $1,500 per month. Tenants lease ends 6/18 and property will be vacant at closing 6/20. Current market rents show $1,650/mo. Great hold opportunity currently with flip potential in the future. Contact me for more information on this property.

Price: $197,000

Rehab - $3,000 (make ready if needed)

Rental Rate - $1,650

Post: Off Market Investment Property in Mesquite near Town East Mall!!

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

Great 3/1/enclosed 1 car (is additional living area/laundry). New Roof & Windows. Not included in rehab or ARV is a 400 sqft out building that has electric. With $5K-ish you can turn this into a additional efficiency apartment. Needs just basic cosmetics and foundation. Contact me for more information on this property!

Price: $102K

Rehab: $20K

ARV: $142,500

Post: READY TO FLIP IN BUCKNER TERRACE SUBDIVISION IN DALLAS??

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

Great buy-fix-sell opportunity in Buckner Terrace subdivision of Dallas. Home will need cosmetic updates and some foundation work. We have a bid from Lima Foundation at $4K. Roof is in good shape and has solar panels. Contact me today for more information on this property!

ARV: $230,000

Price: $160,000

Rehab: $32,000

Post: Northwood Hills Estates Investment Home in Dallas, Texas!!

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

This is a great indoor/outdoor mid-century modern in Northwood Hills Estates! It is actually in great shape, with flooring, kitchen and baths being updated recently, however "recently" doesn't bring top dollar, so more flooring, counter and bath updates are necessary to get the right price. This house is great for entertaining--the pool is in a courtyard surrounded by bedrooms and living areas. While the rehab is high--this is more indicative of the finish out than it is the condition of the property--rehab should take 8-10 wks, and this will be back on the market by the end of summer! Contact me today for more information!

Price: $670,000

Rehab: $99,000

ARV: $950,000

Post: Mid-Century Modern Style Investment Home in Irving, Texas!!

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

Mid-Century Modern style house with great character to hold or Fix and Sell. Market Rents 1300-1500. These style of houses are very popular. Rehab: Minor foundation repair and cosmetic update. This area has very low DOM. Single digits with most houses selling over list! Contact me for more information.

ARV - $168,500

Price – $130,000

Repairs – $25,000 For flip. $10,000-$15,000 for rental- make clean and ready.

Post: Investment Home on an Acre in Azle, Texas!!!

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

Awesome Rent or Flip opportunity on an Acre in Azle. Rents are $950/mo. Rehab consists of Foundation, Roofing, and Cosmetic updating. Overall a very simple straight forward project. Contact me today for more information!

ARV: $121,000

Rehab Estimate: $24,000

Investor Cost: $70,000 

Post: Build Your Cash Flow with a Mesquite Rental in NorthRidge Estates

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

Excellent Rental or Small Flip in the desirable NorthRidge Estates sub of Mesquite. Houses in the area continue to go up. The house is mechanically in great shape, with some minor foundation work needed. The rest is cosmetic updating. Tenants just moved out. The Property will easily rent for 1200/mo. Contact me for more information!

ARV: $141,000

Rehab Estimate: $15,000

Investor Cost: $101,000 

Post: Perfect Opportunity to grab Investment Home in Lake Highlands

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

Off-market Investment Home in Lake Highlands ISD! 3/1.5 brick home with a huge lot perfect for a flip! Rehab will consist of a new rood, full cosmetic updating as well as adding a shower to the half bath making us a 3/2. Original hardwood floors under carpet! Perfect opportunity to flip in this highly desirable neighborhood! Contact me for more information!

Cost: 245,000

Rehab: 35,000

ARV: 340,000

Post: Why not investment in Real Estate in Forest Meadow Subdivision?

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

Great area of Lake Highlands in the Forest Meadow Subdivision. This is an easy quick investment for the seasoned or novice investor. This property will need a full cosmetic update with no new floor plan needed. Major remodels of Kitchen, Baths, and Flooring, this property should become the top selling house on the market before school enrolls! Contact me today for more information!

ARV: $520,000

Sell: $375,000

Rehab $61,000