All Forum Posts by: Leo Lanza

Address: Dora St, Bedford, Texas 76022

NPO: $229,000

REHAB: $51,000

Cost: $133,000

Down payment: $7,000

Call Leo 817-783-4014

Description: Great rental or flip in Bedford. This house needs a little of everything but it has plenty in the budget and a large misc. the budget as well.

Address: Sherman, Rockwall, Texas 75087

NPO: $135,000

REHAB: $35,000

Cost: $73,000

Down payment: $5,000

Call Leo 817-783-4014

Description: Great house under 80k in rockwall! The house is a 2/1 @ 856 sqft on a private street, right near downtown Rockwall. Average DOM is 4 for Resale. Rents will be between 1000-1100. The house needs a little bit of everything as the house needs a roof, HVAC, foundation and updating the electrical panel. Besides that it wont take much to get this market ready. 

Address: Greenview Ct, North Richland Hills, Texas 76148

NPO: $286,000

REHAB: $20,000

Cost: $218,000

Down payment: $5,000

Call Leo 817-783-4014

Description: Awesome off market flip in the Meadow Lakes Villas Addition in North Richland Hills !! This is one of the most sought after areas of the metroplex (Birdville ISD) with homes going under contract within 16 days on average with many in a "well maintained" condition. The budget for rehab will go towards updates in the Kitchen, Bathrooms, Flooring, Along with servicing the Hvac and other work. 

Address: Sondra, Dallas, Texas 75214

NPO: $1,055,000

REHAB: $480,000

Cost: $355,000

Down payment: $7000

Call Leo 817-783-4014

Description: The Value is in the Land. Great location in Lakewood. All numbers, projections, and estimates are subjective and depend on finish out quality and cost of new construction. The proposed square footage, bedrooms, and bathrooms is an estimate of what could be possible depending on building restrictions based off comparison of similar new construction projects in the surrounding area. All due diligence and decisions to be the sole responsibility of the buyer.

Address: Myerwood Ln, Dallas, Texas 75244

NPO: $619,000

REHAB: $40,000

Cost: $495,000

Down payment: $5,000

Call Leo 817-783-4014

Description: Amazing flip in Forest Glen sub! Great lot. All heavy lifting for the rehab is already done for you: Foundation already fixed. All new electrical. All new plumbing. Master bedroom ceiling has been vaulted and huge master bathroom. Brand new windows being installed. Walls have been textured. Landscaping in great shape. Roof in great shape. Pool in great shape. Tax rolls are wrong. Its a 4bed not 3bed. All this is needed is finishing floors, kitchen, bathrooms, light fixtures and miscellaneous. This will be like a brand new house. Great opportunity in an amazing neighborhood!

Address: Norsworthy Dr, Dallas, Texas 75228

NPO: $365,000

REHAB: $41,000

Cost: $250,000

Down payment: $5,000

Call Leo 817-783-4014

Description: Awesome flip in the Claremont Park subdivision of Dallas !!! Prices in this area continue to rise with updated homes now selling over 210.00$ Asqft, with many going under contract within the first week of being on the market. The Budget for rehab will go towards updates in the kitchen, baths, flooring, along with updating the electrical panel and much more.

Address: Hanover Dr, Garland, Texas 75042

NPO: $195,000

REHAB: $10,000

Cost: $160,000

Call Leo 817-783-4014

Description: This is a super super clean 3/1.5/2 with a 300 sqft addition (additional living area). Needs very little to make it rent ready. Can easily add shower to master 1/2 bath with a little additional $. Rehab is very straight forward. Needs a good cleaning. Addition needs $3500K, Full bath no more than $1k, 1/2 bath $500 or less (unless you want to add a shower), interior paint $2500, Kitchen $2K or less, Misc $1K. Great neighborhood with the added bonus of Richardson school district. Needs to close before Christmas.

Address: Melanie Ln, Mesquite, Texas 75149

NPO: $136,000

REHAB: $17,650

Cost: $92,000

Down payment: $5,000

Call Leo 817-783-4014

Description: Nice rental or quick flip in Edgemont Park subdivision of Mesquite! This home sits as 3/1/0. Rehab will include paint, flooring, kitchen updates, bathroom updates, and misc items. Rent comps show you can get $1000-$1100 a month. 

Address: Rosemont, Dallas, Texas 75208

NPO: $550,000

REHAB: $105,000

Cost: $335,000

Down payment: $5,000

Call Leo 817-783-4014

Description: LOCATED IN HISTORIC PRESERVATION NEIGHBORHOOD OF WINNETKA HEIGHTS. Great Potential for a flip with over 100k gross profit. The house will need a little bit of everything but it is a great project to take into the next selling season. Won't last long.

Address: Canberra, Dallas, Texas 75224

NPO: $169,000

REHAB: $32,000

Cost: $104,000

Down payment: $5,000

Call Leo 817-783-4014

Description: Great opportunity in Wynnewood Add subdivision of Dallas! You can flip or rent this. Rehab will consist of paint, flooring, kitchen updates, bathroom updates, some foundation, and layout change. This home has a 2 bedroom, 1bath, and living area addition that was permitted and included in the square footage. Currently sits as a 5/2/1. I recommend knocking down the wall and re-arranging the plumbing lines between the 2 bedroom/1bath area to make a giant master suite. Once completed this home will be a 4/2/1. Comps show you can get $115/sqft in this area. Rent comps show you can get $1600 +/- a month. Low days on market and minutes from shopping, downtown Dallas, Bishop Arts District, and schools.