All Forum Posts by: John Preston

OFF MARKET house in Duncanville on a huge corner lot. House's majors are all in in great shape. The house needs some updating to the flooring, bath, kitchen, and fresh paint. The houses in this neighborhood are selling within an average of 4 DOM! I have put are ARV at $122.48/sqft. This would make a solid small flip or if you would like to rent it, make ready would be around 15k and it would rent for $1300-$1350/mo.

Bedrooms: 3

Bathrooms: 1

Sqft: 1,290

MUST PROVIDE PROOF OF FUNDS (Cash or hard money). Call, text, or e-mail.

*Broker Price Opinion: Contact Me!!

**Price: $110,000

Est. Rehab: $21,000

*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

**Price includes all standard closing cost. (Excluding lender fess, HOA fees, prorated taxes, insurance, and any other buyer elective expense)

John Preston | Licensed Real Estate Agent – 688609

M: (903) 576-6360 O: (214) 997-0444

I have three fully tenanted duplexes in Lancaster. All three duplexes are next to each other for easy management and convenience. They are in great shape. Four of the six units HVAC systems have been replaced within the past two years.  They are currently bringing in $4500/month. Each side is a 2/1 mirror image.

All leases are on the standard TREC lease form and are one year leases. 

Purchase price includes standard closing cost. 

Contact me for more information.

John Preston | Licensed Real Estate Agent – 688609

M: (903) 576-6360 O: (214) 997-0444

Easy flip or almost turn key rental. The budget is to flip. I think your make ready to rent is $4-6k. House is in really good shape and sits currently as a 4/1 with a nice garage conversion. Budgeted to add a second bath which would make you a 4/2 to achieve resale of $152k+. Other rehab includes kitchen updates, new flooring, foundation work, HVAC service, and more.

Bedrooms: 4

Bathrooms: 1

Sqft: 1,386

MUST PROVIDE PROOF OF FUNDS (Cash or hard money). Call, text, or e-mail.

*Broker Price Opinion: Contact Me!!

**Price: $107,000

Est. Rehab: $19,000

*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

**Price includes all standard closing cost. (Excluding lender fess, HOA fees, prorated taxes, insurance, and any other buyer elective expense)

John Preston | Licensed Real Estate Agent – 688609

M: (903) 576-6360(Text or Call) O: (214) 997-0444( Call Only)

3 Bedroom, 2 Bathroom in popular neighborhood with Denton ISD schools. This property has a new roof, tankless water heater, and HVAC system. As well the owner has previously done numerous updates to the house. DOM are low. Rehab will go towards kitchen updates, new flooring, removing a wall, bath updates, and more.

Bedrooms: 3

Bathrooms: 2

Sqft: 2,360

MUST PROVIDE PROOF OF FUNDS (Cash or hard money). Call, text, or e-mail.

*Broker Price Opinion: Contact Me!!

**Price: $216,000

Est. Rehab: $30,000

*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

**Price includes all standard closing cost. (Excluding lender fess, HOA fees, prorated taxes, insurance, and any other buyer elective expense)

John Preston | Licensed Real Estate Agent – 688609

M: (903) 576-6360(Text or Call) O: (214) 997-0444( Call Only)

1984 brick build duplex in Grand Prairie. Both sides are on month-month leases. One side is rented at $700 and the other at $575. Both well below market rent of $850 a side. The unit with the $700 has been updated. I gave the $575 side a 15k budget to update the flooring, paint, bath, etc.

All in Price: $156,500
Rehab Estimate: $15,000 for one side

Call me for more information!

John Preston | Licensed Real Estate Agent – 688609

M: (903) 576-6360 O: (214) 997-0444

So I currently have two half duplexes on the same street. One is a 2/1, and the other is a 3/1. Both are currently tenanted. The 3/1 is rented out for $700, and the 2/1 is rented out for $750. You can keep the two tenants and do nothing or you can do a light rehab, and get market rents between $875-$900. The choice is yours. 

All in price for each is $64,000. YOU CAN BUY THEM SEPARATELY IF YOU WISH. 

Misc. Rehab would be between $5,000-$10,000. 

Contact me for more information!

John Preston | Licensed Real Estate Agent – 688609

M: (903) 576-6360 O: (214) 997-0444

@Nicole A. It was an open-ended question that cannot be answered with a "yes" or "no" response, or with a static response. Open-ended questions are phrased as a statement which requires a response. The response can be compared to information that is already known to the questioner(myself). 

An advertisement would have stated at the end to contact me for more information. 

Thank you for your concern, but this was post for an open-ended discussion. 

If you could stop bidding on properties and just buy what you want, would you? Did you know there are sources out here where you do not have to bid on properties. If you did not know that, you are behind, and you are missing out.

If you're looking to increase your wealth through real estate in Dallas-Ft. Worth market, let's talk. 

Need properties? Need funding? Need contractors? Need a retail agent?

Give me a call - 214-997-0444.

John Preston | Licensed Real Estate Agent- 688609
M: (903) 576-6360 O: (214) 997-0444

Amazing flip opportunity in Buckner Blvd Estates in Dallas. This home is a 4/3/2 and sits on 1 acre lot. Home shows very well and is in good condition. Great curb appeal. Minutes from White Rock Lake. Rehab includes new paint (inside & out), new HVAC systems, kitchen update, bathroom updates, some minor foundation, new windows, water heater, pool & gazebo area, garage, landscaping, fixtures, and big misc budget. A GC has given us thumbs up on $120K being more than enough for the rehab. There is also a tennis court that needs to be painted and net needs to be installed. Very low days on market area with updated homes selling in 5 days on average!

Sq Footage: 3570

Bedroom: 4

Bathroom: 3

MUST PROVIDE PROOF OF FUNDS (Cash or hard money). Call, text, or e-mail.

*Broker Price Opinion: Contact Me!!

**Price: $370,000

Est. Rehab: $120,000

*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.

**Price includes all standard closing cost. (Excluding lender fess, HOA fees, prorated taxes, insurance, and any other buyer elective expense)

John Preston | Licensed Real Estate Agent – 688609

M: (903) 576-6360(Text or Call) O: (214) 997-0444( Call Only)