All Forum Posts by: Mike Deltz

This one is not for every investor, but let me know if you'd like to hear more.

Some of the buildings are commercial, most are residential. These are located between the 1100 block and the 1200 block on Guadalupe close to the Guadalupe Cultural Arts Center.

This property is now sold.

Price $59.9k

$99.9k ARV
rehab est. $17k (you will be adding a master bathroom)

1197 sq ft

Call Mike Deltz at 210-404-8050

Texas RELA 665899

This property is now sold.

EASY RENTAL DEAL!!!!

ARV $145k

Investor's Price $98k

Rehab estimate $18k

Estimated Gross Profit for Investor  $29k

This house is Tenant Occupied! Please call me for access, there is no lockbox, but there is someone home all of the time. Give me an hour heads up for showings.PLEASE DON'T DISTURB THE TENANTS!!~~~ YOU MUST CALL ME TO SEE THIS HOUSE BY APPOINTMENT ONLY!!

This is an easy flip or cashflow deal!! Rents support 1250 to 1350 per month on this house. We have 18k in the house for a rehab, but if you are looking to cashflow the house, you will not put more than 10k in this house. This is a solid 4/2/2 in Valley Forge on the NE Side. The roof is only 2.5yrs old. The house has new carpet in the bedrooms, and is super clean. Some foundation work to the right side of the house is needed, and cosmetic updates in kitchen and baths.

This house will sell fast~~~~~~ So don't miss out!

Call me now to see this house! 

Mike Deltz 210-404-8050

Texas RELA #665899

1512 Nolan St

San Antonio, TX 78202

2 bed 1 bath

1084 sqft

Built 1923

ARV $119,900 (conservative)

Rehab $35,000

Price $39,900

PICS=> https://www.dropbox.com/sc/k2tmdra08bwtel2/AACp0yFh_BFkQLpuVhF8vA3ja

The property is located right next door to a gas station on the corner of New Braunfels Ave and Nolan St. We discounted the ARV do to this. Average price per sqft puts you around $132k ARV. Near Eastside is an up an coming area right next to Dignowity Hill Historic District. This are may soon be annexed into Dignowity but for now you don't have to hassle with the historic district concerning your rehab. Our house is a 2/1 but can easily be made a 2/2. There is almost $3k in misc that you can use towards replacing the windows if you desire.

Mike Deltz

210-404-8050

TRELA 665899

This house is now sold.

3 bed 2 bath

Built in 1999

1043 SQFT

$149.9K ARV

$99.9K Investor's Price

$14k rehab estimate

$36k estimated gross profit

This is an area investors want to get in for buy and hold with what is going on in this area. By 2018, the value will be silly high.

14k is for a Flip Rehab

If you are looking to hang on to it as a rental until the Improvement project is done you will only need Paint/Carpet and some new fixtures. (4,000) or so

New modern style homes directly across the street and right down the road from King William.

Check it out!!!

http://spcproject.org/

PICS

https://www.dropbox.com/sc/kzzrtoep2eujyv2/AADSpGjtkFPkbQfXACP5BVU3a

Mike Deltz 210-404-8050

TRELA #665899

1512 Nolan St

San Antonio, TX 78202

2 bed 1 bath

1084 sqft

Built 1923

ARV $119,900 (conservative)

Rehab $35,000

Price $39,900

Estimated gross profit  $45k

PICS=> https://www.dropbox.com/sc/k2tmdra08bwtel2/AACp0yFh_BFkQLpuVhF8vA3ja

This property is vacant and you will need a drill to remove board on the front door. Lockbox on front door is 7542.

The property is located right next door to a gas station on the corner of New Braunfels Ave and Nolan St. We discounted the ARV do to this. Average price per sqft puts you around $132k ARV. Near Eastside is an up an coming area right next to Dignowity Hill Historic District. This are may soon be annexed into Dignowity but for now you don't have to hassle with the historic district concerning your rehab. Our house is a 2/1 but can easily be made a 2/2. There is almost $3k in misc that you can use towards replacing the windows if you desire.

Mike Deltz

210-404-8080

TRELA 665899

NetWorth Realty #587393

The house is super clean buy and hold property. Wouldn't do anything to it for owner finance. For a rental, only needs paint in and out, appliances, window units and a couple dry wall touch ups. The foundation does feel a little off but the seller put new tile throughout the entire house 10 months ago which is in perfect shape and all the doors close properly so I wouldn't touch it. There is no central air. Because of this, I wouldn't run it as a flip deal. Roof and windows are also less than a year old. All the sold comps only have 1 bath and we have 2, however most have a 1 car garage and we only have a carport. Our highest comp is a 2/1/carport and the only comp without central air. Should rent around $950+ having 2 baths.  

ARV $ 97k

Investor's Cost  $ 69.9k

Rehab Estimate $ 6k

Call Mike Deltz at 210-404-8050 

TRELA #665899

NetWorth Realty Broker #587393