All Forum Posts by: Leo Lanza

Address: Lewis Dr, Garland, Texas 75041

NPO: $145,000
Rehab: $19,000
Price: $98,000
Rent: $1,200
Down Payment: $5,000

Call Leo 817-783-4014

Description: Great flip or rental property in Garland! All majors are in great condition but it does need a little foundation work. Interior rehab consists of paint, flooring, and updates to the kitchen and baths. Enclosed garage makes the fourth bedroom. Rental comps support $1,200 per month and comparables are solid at $150,000. 

Address: S Hastings St, Irving, Texas 75060

NPO: $300+ (hard to tell as it is multi family and no comps)
Rehab: $5K-$7K/side
Rents: $1300/Side
Buy Price: $250K

Call Leo 817-783-4014

Description: Nice are and great lot on this 3/2/1 per side Irving Duplex. Needs very minimal repairs to get this where you want it to get top rent. All repairs are cosmetic in nature. Property is very clean and I believe my rehab is a bit high so property is not far off from being rent ready.

This is actually a duplex that has separate tax rolls (deeded separately). I also do not necessarily think you need to do $7K/side in rehab but wanted to cover myself. Truly believe $5K/side will get it where it needs to go. Unfortunately there are zero sold or rental comps. Believe it is an area that does not use MLS to market. The specs on the home are combining the 2. 505-509 S Hastings Irving 3/2/1 per side 1107 sqft. Both sides very clean so rehab is gonna be up to buyer. Rents $1300/side. Rehab is in cash.

Address: S Adelaide St, Terrell, Texas 75160

NPO: $115,000
Rehab: $19,000
Price: $66,000
Deposit: $5,000

Call Leo 817-783-4014

Description: Off market deal in Terrell with multiple exit strategies !! Updated homes in this area are selling over 105.00$ a sqft on average while lasting on the market for less then 2 weeks. The rental comps are also very solid with homes leasing around 1100-/+ a month. While this home was built in 2006 there is work needed in the kitchen, baths, flooring, along with replacing the Hvac system.

Address: Rum, Fort Worth, Texas 76244

NPO: 310,000
Rehab: $18,000
Price: $229,000
Down Payment: $5,000

Call Leo 817-783-4014

Description: 2004 Build in Keller ISD! Super clean just needs a little cosmetic updating. See breakdown GC bid below. Comps supporting up $325,000 NOP, however, value has been reduced because this property sides to Beach Street. New carpet was recently added throughout. 

Cardinal Drive, Dallas, Texas 75216

NPO: $85,000
Rehab: $21,000
Price: 46,000
Down Payment: $5,000

Call Leo 817-783-4014

Description: Nice little owner finance deal or rental not far from the Dallas Zoo. House is in great shape structurally but does need some minor foundation work. House also needs a new roof and cosmetic updates on the interior. Rent comps supporting up to $950 per month. Call your NetWorth Realty agent today for more information and access to this property!

Address: Haltom City, 76117

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NPO: $165,000 ------after repaired price opinion

Rehab: $41,500

Price: $91,000

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3Bd - 2Ba – 1,626SqFt

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Description: This property has great bones! The foundation has been fixed but seller never fixed the cracks. Will be a great flip or rental for Birdville ISD. The garage has already been converted and you can either make a bedroom or office. Home is a 3/2 not including garage. I believe the best play is to remove one wall to open up the living room.

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Call Leo 817-783-4014

NPO:$140,000 Repaired Price Opinion

COST: $105,000

REHAB: $14,000

Rent: $1,200

Down Payment: $5,000

Call Leo 817-783-4014

Pictures: https://photos.app.goo.gl/wPKXTRR78DiAr9Q63

Description: This 1994 build is in Mequite ISD! This would be a great owner finance, rental or small flip. The house is in great shape. See pictures. Foundation was fixed 4 years ago with lifetime transferable warranty. The house is already partially rehabbed. The rehab would include a little plumbing work and remodeling the bathrooms, flooring and new outside AC condenser. Kitchen cabinets and counters are in great shape. You can change the appliances and tops to granite it you want. Easy deal for any investor!

3 BEDROOMS / 2 BATHROOMS / 1,227 SQ. FT.

CLOSE DATE: 2 weeks

ADDRESS: Glenhaven Dr, Azle 76020

NPO:$145,000 RepairedPrice Opinion

COST: $95,000

REHAB: $21,000

Rent: $1,200

Down Payment: $5,000

Call Leo 817-783-4014

Pictures: https://www.dropbox.com/sh/v716vs4jvbano0w/AACGyKIG5bEA5lWgjS6dMG1Ha?dl=0

Description: Nice corner lot in a quiet neighborhood of Azle. Easy access to highway for commuting. House has a converted garage that serves as a fourth bedroom. There is a covered carport for parking as well as a driveway. Roof, foundation, plumbing, and electrical are in great shape. This property does not need to be overdone on rehab as comps will not support it. Lease comps should be around $1,200 per month.

4 BEDROOMS / 2 BATHROOMS / 1,514 SQ. FT. 

ADDRESS: Lochwood Meadows, Dallas 75218

NPO:$514,000 Repaired Price Opinion

COST: $365,000

REHAB: $52,000

Down Payment: $5,000

Call Leo https://www.dropbox.com/sh/ s1w806f9pmdnn4g/ AABE6Ng73PpijAzGGJGVrQSea?dl=0

Description: Awesome flip in one of Dallas's most established neighborhoods located in coveted Lochwood Meadows. Ideal location for a family with Lochwod Park & Library just around the corner. In district for up and coming Reilly elementary. Minutes from beautiful White Rock Lake and Casa Linda shopping center, with recently updated homes selling $230/sqft. This home is in need of a full rehab with work needed in kitchen, baths, flooring, along with updating the electrical box and much more.

4 BEDROOMS / 2.1 BATHROOMS / 2,342 SQ. FT.

CLOSE DATE: 11/10

212 PIP: 24hr

Address: East Arlington, 76010

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NPO: $140,000 ------after repaired price opinion

Rehab: $17,500

Price: $97,000

Rent: $1,150

Leo 817-507-9497

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3Bd - 1.1Ba - 1,120SqFt

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Description: EASY rental or low-end flip in E Arlington. Super low days on market in the area. This house just needs a low-end finish out to hit top dollar and rehab can be done for less as a rental.