All Forum Posts by: Lacey Simpson

Nice 3/1/1 home in Casa View Heights in Mesquite with multiple exit strategies. Rents show you can get up to $1000 a month. By converting the garage and adding a bath to make it 3/2, you can command top dollar for buy/fix/sell. Rehab will also consist of paint, flooring, bathroom, kitchen updates, and some minor foundation. You would spend less on the rehab for rental. 

Please call me for more info!

I work for Networth Realty, a wholesale real estate company in DFW. We buy and sell properties in as is-where is condition all over DFW. Please give me a call if you would like more information! 

Networth Realty of Dallas/Fort Worth, a licensed Texas real estate brokerage
Licensed Real Estate Agent #670440

Addison , TX

ARV: $450,000

REHAB ESTIMATE: $118,487

This house is currently a 2/1/1 at 1,212 SqFt. The attached floor plan and complete scope of work from CWC shows a ~788 SqFt addition making the house a 3/2.1/1 at 2,000 SqFt. There is already a newer HVAC, roof, water heater, and electrical panel. Active listings show an upward trend in value and there are many renovations in progress throughout this area.

Please call me for more info!

Wendelkin St. Dallas, TX 75215

$12,000 

7,649 sq.ft.

Off Market Property in Janmar Circle Subdivision! 

ARV: $1,045,000

Rehab: $100,000

The house already has new windows, new fence, all the plumbing and electrical has already been roughed in. Just need to finish putting the house back together. The cope of work also consist of building a garage off the original garage that has been converted.

Call me for more info!

Off Market Burleson property! The Property has good bones but is dirty and over grown. Per the seller, the roof is 3 years old and the HVAC is 4 years old. Updated houses in this area are very investor basic rehabs. Refinished Cabinets, granite tops, vinyl plank floor, and a new coat of paint. Nothing Fancy here. This area has great DOM on average 8 days. Yes we do face a busy street but with a quick rehab this property will also sell quickly. Rents in this area range from 1250-1350. The higher end of that range would be more likely with the size of this house.

Call me for more info!

ARV: $165k

REHAB: $30k (flip), $22-24k (rental)

PRICE: $110k

GREAT INVESTMENT RENTAL PROPERTY. Nice home with enclosed garage
(additional living area) can be converted back or kept. Home will need some work. Bids to follow. Vacant and easy to show. Call me for more info!

This is a package of 5 turnkey rental properties that will bring an investor 19.6% annual ROI. All properties have tenants in place with a lease.

Rents range from $675/month to $1000/month

Call me for more info! 214-557-4845

There are two active comps on Spring Valley showing between $180-$185/sqft. Our ARV is just
above this because of the Large budget to deck out this property where these two properties are not decked out. Interior updated houses sell for $205+/sqft. You are touching every section of this house. The roof is in good shape but on the back side it needs a support column. The pool is covered and cannot be seen but I have budgeted to repair or cave it. Then a cosmetic update with HW floors and higher end finishes throughout. I believe this property is bigger than Tax rolls states. Call me for more info! 214-557-4845

NON MLS property in Spring Creek Subdivision and Richardson ISD. A lot of the homes in the area that have sold with pools are not fully renovated. Most of them are well maintained with little updates done throughout. If you were to only take the average of the homes that have some updates done with pools you would be at $169 sqft and I have our subject property priced at $164sqft. The property has some signs of
foundation issues in the hallway near the master bedroom. The rest of the house is in good shape with newer windows and nice plantation shutters throughout. I have included a rehab estimate with a breakdown of what is need to be done.

Call me for more info! 214-557-4845