All Forum Posts by: John Preston

This is a full 2/1 a side duplex. Structure/bones, majors and cosmetics already in great shape. Roof and A/C are newer. Gross amount coming in right now is $20,700/year. After taxes and insurance, it is performing over 8% return. This is immediate cash flow and return. No need for any repairs. This property is in a great location being less than one mile away from the highway, shopping, restaurants, etc.

Bedrooms: 2 bed each side
Bathrooms: 1 bath each side
Garage: No garage
Sq/Ft: 1726

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

**Price: $189,000

Est. Rehab: $0

**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)

This is a 3/2/2 1906 sqft brick house which was purchased by an investor and demoed to the studs. Since it is more difficult to assess these sorts of rehabs, we had a GC get us a bid in order to provide a firm number on the rehab. Moderately updated houses in this area are going pretty quickly, for around $93/sqft. I priced this one at $91/sqft to be safe, but once completed, this could easily fetch more, as it will be a fully updated property.

3 Bedrooms/ 2 Bathrooms / Sqft: 1906

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

*Broker Price Opinion: $175,000

**Price:Contact Me!!

Est. Rehab: $65,000

*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 – 688609

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

Hamilton Park! One of the last pockets inside the loop in Richardson ISD that you still can buy around $100k. This is a great buy and hold for solid cash flow. After rehab, you should be able to rent for $1450/month. Tax Rolls say 3 bedroom 1 bath, but its actually 4 bedroom and 1 bath. If you really do it up, I believe you can sell for $159k, but I think its a tight flip and the best play is to hold for the long haul. Contact me for all the information!

4 Bedrooms/ 1 Bathrooms / Sqft: 1449

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

*Broker Price Opinion: $159,000
**Price: $112,500
Est. Rehab: $25,000-$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 - 688609

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

Awesome 4/2.1/2 in East Dallas. Comps in the area are selling between $109.4/sqft-$143.99/sqft. My ARV for the property is at $109/sqft so it should be more then achievable. DOM are VERY low, averaging just 5 days! The rehab consists of updating flooring, kitchen, and baths. Mechanically this house is in great shape.

4 Bedrooms/ 2.1 Bathrooms / Sqft: 2,596

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

*Broker Price Opinion: $285,000

**Price:Contact Me!!

Est. Rehab: $35,000

*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 - 688609

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

Off Market Rental of Flip in the Edgemont Park Subdivision of Mesquite. Updated homes in area continue to raise with properties going under contract close to $155.00/sqft with many going under contract within the first 30 days of being on the market, and strong rental comps close around 1100-/+ a month. The budget for rehab will go towards updates in the kitchen, bathroom, flooring along with replacing the roof and some foundation work. A full GC bid is available upon request.

Sq Footage: 949 Bedroom: 3 Bathroom: 1

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

*Broker Price Opinion: $150,000

**Price: Contact me!!

Est. Rehab: $28,000

*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)

Nice Off Market Flip in East McKinney. Homes in this area continue to appreciate with many going under contract close to $160/sqft in a little under 60 days on average. This property sits on a large lot (.33 acres) and was recently rehabbed 4 years which included new windows and HVAC, but foundation work is needed along with flooring, cosmetic work, landscaping and much more.

Sq Footage: 3,084 Bedroom: 3 Bathroom: 3

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

*Broker Price Opinion: $410,000

**Price: Contact me!!

Est. Rehab: $41,000

*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)

Nice Off Market Hold or Quick Flip in Dallas. Home will need new roof, paint, flooring, kitchen updates, bathroom updates, HVAC installed, some foundation, and fixtures. Home has a converted garage being used as a living room. Rents are strong at $1200-$1300 a month.

Sq Footage: 1790 Bedroom: 4 Bathroom: 2

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

*Broker Price Opinion: $148,000

**Price: Contact me!!

Est. Rehab: $32,367

*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)

I currently see about 20-30 off-market deals come through my office each month. I'll meet with you in person just to run through how our deals will come through to you and what they entail. 

There are no fees, subscriptions, or commissions to get on the list or buy a property - so don't worry about that.

Our properties tend to sell in a matter of hours and all our deals offer great profit margins for fix and flip or fix and hold strategies, so if you're interested, please give me a call!

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

Imagine driving home from work, and you see a home that has been vacant for a long time. Your thought has always been the same...."I wish someone would fix that house up."

Well my question to you is this, WHY NOT YOU?

At Networth Realty we build wealth and improve communities by providing residential real estate buyers with the inventory, expertise, and tools they need to restore and add value to properties with unrealized potential.

Whether you're a novice or experience real estate buyer, let's talk about how together we can improve communities around Dallas/Ft. Worth.

John Preston | Licensed Real Estate - 688609

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

[email protected]

Networthrealtyusa.com

It's 10:00pm. What are you doing? Planning out your day for tomorrow? Trying to figure out how to make more money? interested in Real Estate, but don't know where to start?

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

Give me a call - 214-997-0444.

John Preston | Licensed Real Estate Agent- 688609 

M: (903) 576-6360 O: (214) 997-0444 

[email protected]

Networthrealtyusa.com