All Forum Posts by: Mike Deltz

Good flip in North Central SA!

House measures out a little bigger than what the tax rolls show. Do your own due diligence on size. There is also a 230 sq. ft. efficiency where the one car garage was. This can give some more value if you put money into it above and beyond the rehab estimate. Foundation has been checked and came back at $3800.

Pics attached.

https://www.dropbox.com/sh/a0yecehoua1ql0b/AAChbCczAnpn_Iu1_EImZQZna?dl=0

ARV $149.9k

Rehab $28k

Purchase Price $79.9k  

Looking for a cash buyer, but I do have Hard Money at competitive rates available for interested buyers with approved credit.

Vacant and can be seen right away.  Can close as soon as tomorrow.  Give me a call at 210-888-9507 if you'd like to go see it.

This 1918 yr built house will look incredible when you're done with it.  On a half acre corner lot, you will be touching everything on the rehab.  Looking to close next week.

ARV $214.9k

Est Rehab $60k

Price $109.9k

Call me at 210-888-9507 for more information.

I'm a member, and I'll be there. I do recommend joining.

Bread & butter 3/2/2

Built 1981

ARV $139,900

Rehab estimate $20k

Investor cost $89.9k

Pics => https://www.dropbox.com/sc/twdeapzqpd2uabw/AACb1ksHqLTbpN4_I1tGY58Ea?oref=e&n=94989935

You are converting the formal dining room on this one to make it a 3/1 or perhaps a 3/2 if you wish.  Corner lot in a neighborhood desired by investors.

ARV $119.9k

Est Rehab $37k

Your price $52.9k

Call me at 210-570-8780 or PM me for more information.

4 BED/3.5 BATH/2 CAR GARAGE

ARV $299,900

Rehab $75,000

Price $154,900

Only 1 of our 4 comps has a pool but the house isn't updated. We are almost exactly like our top comp. Both on a .33 acre corner lot but we have a pool and that house doesn't. Foundation is good per All Foundation. Only 2 houses over 2300 sq. ft. in the last year in Windcrest have sold for less than this one. Both of those needed full updates and had foundation issues per the seller's disclosures.

Pics below:

https://www.dropbox.com/sh/pw0lxqdkfuiwlom/AAAYVnUtSkdUPaeEwb81Kz_xa?dl=0

Give me a call at 210-570-8780 or PM me for more info and to go see it.

Great Flip in Tobin Hill for an experienced investor!

ARV $409.9k

Est Rehab $95k

Investor's Cost $199.9k

Call me at 210-570-8780 for more details.

Great house on a great street in San Pedro Place!  Updated houses all around you. Rehab includes foundation, new roof, updating interior, paint in/out. Layout is good.

Currently occupied, tenants are in the process of moving out. Looking to close by next Friday. 

ARV $169.9k

Est rehab $38k

Your price $97.9k

Est Gross Profit $34k.

For more information, send me a message or even better give me a call at 210-570-8780.

Here is an awesome new flip on the north side of San Antonio!

This is only cosmetic updates. All structural items and mechanicals

are good. The rehab is so high due to finish out required and the size of the home.

ARV $599.9k

Estimated Rehab $65k

Estimated Gross Profit $135k

Because it's Inwood, we can not have investors just driving by.  Give me a call if you're interested and I'll go over details and arrange a time for you to see it.

Mike Deltz

Acquisition Associate, NetWorth Realty  LREA 665899

210-404-8050 cell

It's not everyday that you come across a package deal like this one to build a solid real estate portfolio. It includes 17 off market houses that are all currently rented out. Most of the properties will need very little in repairs if any to get it up to market value rents. There is only 1 property that has ever had foundation issues, and it does need to be fixed, 2 others with slight foundation, besides that you are golden. We have engineer reports for all others.