All Forum Posts by: Lance Wakefield

Your next FLIP investment in Sour Lake:

106 Kirby Cir, Sour Lake, TX 77659

Sq Ft: 3904

Year Built: 1973

Repairs: $116,000

ARV: $290,000

Asking Price: $110,000

Property Description

This two story home was an unfortunate victim of the hurricane. The home is located on a cul-de-sac, one block from Idylwild Golf Club. The first floor was the only one to flood, and has been fully gutted. Upstairs is in great condition! SPACIOUS, 31,581 SQFT LOT with a storage shed! Don't miss out on this!

Flip Comps

http://matrix.harmls.com/Matrix/Public/Portal.aspx...

Occupancy: Vacant

Contact Davis for showing instructions.

Phone: 469-301-2422

Email Offers: [email protected]

Your next 3 bed/2 bath/2 car garage investment in New Caney:

17866 Magnolia Ln, New Caney, TX 77357

3 bed/2 bath/2 car garage

Sq Ft: 1776

Year Built: 1975

Repairs: $55,000

ARV: $250,000

Asking Price: $135,000

Property Description

This beautiful home was an unfortunate victim of the hurricane. It has been gutted and sprayed since. The home is on a 220,849 SQFT lot, and features 4 storage sheds, barn, and 2 car detached garage with carport. It is heavily treed, with a long drive way to the house. Caney Creek runs through the property, with lots of room for family activities. Don't miss out on this great deal!

Flip Comps

http://matrix.harmls.com/Matrix/Public/Portal.aspx...

Occupancy: Vacant

Contact Davis for showing instructions.

Phone: 469-301-2422

Email Offers: [email protected]

Flip or New Build investment in Dickinson:

2815 Timber Dr, Dickinson, TX 77539

2 bed/1 bath

Sq Ft: 1024

Repairs: $30,000

ARV: $110,000

Asking Price: $58,000

Property Description

This property features a spacious 11,890 Sqft lot. The home needs major TLC due to flooding, but would make a great family home once repaired. The land is also excellent for new builds. Easy access to HWY 45. 30 minute drive from Galveston. Don't miss out!

Flip Comps

http://matrix.harmls.com/Matrix/Public/Portal.aspx...

Occupancy: Vacant

Contact Davis for showing instructions.

Phone: 469-301-2422

Email Offers: [email protected]

**ATTN Investors: Don't miss out on this FLIP in BEAUMONT!

Guy Cir Beaumont, Texas 77707

3 bed/2 bath/2 car garage

SQFT: 1280

Yr Built: 1984

ARV: $125,000

Asking Price: $67,500

Repairs: $30,000

Property Description

This single story home would make a GREAT FLIP or RENTAL! NO flooding happened to this property, just needs cosmetic updates! HVAC system was serviced recently. Foundation was repaired in 2014, with no issues since! SPACIOUS, treed backyard with wooden privacy fence. Easy access to multiple HWY's. Don't miss out on this opportunity!

FLIP COMPS

http://matrix.harmls.com/Matrix/Public/Portal.aspx...

*Showings CALL NUMBER BELOW- If you prefer not to bid against other investors, offers may be accepted before showing date. If accepted, contract will be assigned and a private walkthrough will be scheduled.

Occupancy: TENANT OCCUPIED

Agents add your commission

Contact Davis for showing instructions.

Davis' Phone: 469-301-2422

Email Offers: [email protected]

There is a lot to that question. 

Basically I think making sight unseen offers is okay after you are very very experienced in the market and your process. I would not recommend it with out several deals under your belt. You can get to that point but it takes a lot of time and practice. 

ARV $87k

Repairs $13,000

Great rental opportunity in Dallas! 

I would definitely ask a more investor friendly realtor to come by and help you out with your options. Right now the market is HOT and hotter than it's ever been here in Plano. My wife is a realtor and we work with all investors. If you want some help, or even an opinion, let me know and we can connect. 

make her give you her price first 

 know what the max you can pay before you walk in

I can send you a few that I know of that are really good. The important thing to remember is that every title company claims to be investor friendly and usually at companies that really are investor friendly there is only 1 or 2 closers there that truly know what they're doing. Be careful! 

To help attract partners you may want to have an idea of how you would structure the above deal and what your needs are. Do you just need a reliable contractor? From the sound of the post you have everything figured out except a mold issue. If that is the case I highly recommend you DO NOT partner with your GC. Again layout the parts of the deal you can do and lay out what you need help with. An example would be you have found the deal so you would not need help with that. Good luck