Wednesday, May 30, 2012

June Investment Property Update

Thank you for taking the time to view my blog. Again, I am a State of Texas licensed Realtor that works with buyers to locate property. My focus throughout the Dallas/Ft Worth Metroplex are duplexes, 4-plexes and small commercial multi-family property. This blog is updated bi-monthly (I also send out a bi-monthly email with the latest property update, let me know if you would like to be added to that list).

I am always happy to customize a search specific to your needs. I know some people want full investment properties while others are looking to Owner Occupy one unit as a primary residence and rent the other unit for extra income (so the other tenant is paying the mortgage for you) – because of this parameters vary from deal to deal.

Below are links to the properties for the JUNE List:

SHORT LIST OF DUPLEXES PRICED UP TO $160K

FULL LIST OF DUPLEXES PRICED UP TO $160K

SHORT LIST OF DUPLEXES PRICED OVER $160K

FULL LIST OF DUPLEXES PRICED OVER $160K

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY


PROPERTY NOT LISTED IN ABOVE LINKS:

1. 12 units in Burleson - $399K – 10% Cap
2. 16 units in Central Ft Worth - $320,000 – 10% Cap
3. Brand new Builder Duplexes - $255,000 each – Central Texas (New Braunfels, Kyle, Georgetown) – dependable return, mgmt in place
4. 19 Units in Garland – 9.5% Cap – REDUCED to $475,000
5. 2 duplexes in Central Ft Worth – Seller Financing - $175K each
6. 3 duplex package in Garland – Seller financing - $450,000
7. 20 units near UTA in Arlington – strong cash flow - $595,000
8. 8 or 16 units in North Austin - $369,000 per 8 plex
9. 8 unit property in Denton/TWU Area - $450,000
10. 4 duplex package in San Marcos (South Austin) Texas State University - $690,000
11. 12 units in San Marcos - additional 2 acres included (16 additional buildings possible and utilities in place)
12. Land for Condo build out in Austin (Lake Travis) - $3.2M - appraised at $6M – project already approved and community already in place, this would be last phase
13. 57 acres in South Ft Worth – 4 duplexes already built – room for many more. $2.5M – Gated community.
14. 6 units in Uptown - $1700 rent per unit (townhome style) – 2 addition lots to build 8 more units - $1.4M
DO YOU NEED TO LIST YOUR INVESTMENT PROPERTY OR RENTAL VACANCY ON MLS/REALTOR.COM?

I offer a Flat Fee MLS/Realtro.com service to list your investment property or unit for rent on MLS. First listing is a flat $125 and each listing after is $99. The flat fee gets the property on MLS/Realtor.com and all the sites that pull feeds from those sources. Great exposure for your property. The flat fee is only for listing the property. Showings, negotiations, contract issues, etc are handled direct with you and the buyer. If you would like information on this program, please call or email.

Thanks for looking at the blog. Please feel free to call or email with any questions.

Monday, May 14, 2012

MID-MAY 2012 Multi-Family Property List - Dallas/Ft Worth

Thank you for taking the time to view my blog. Again, I am a State of Texas licensed Realtor that works with buyers to locate property. My focus throughout the Dallas/Ft Worth Metroplex are duplexes, 4-plexes and small commercial multi-family property. This blog is updated bi-monthly (I also send out a bi-monthly email with the latest property update, let me know if you would like to be added to that list).


I am always happy to customize a search specific to your needs. I know some people want full investment properties while others are looking to Owner Occupy one unit as a primary residence and rent the other unit for extra income (so the other tenant is paying the mortgage for you) – because of this parameters vary from deal to deal.


Below are links to the properties for the MID-OCTOBER List:

SHORT LIST OF DUPLEXES PRICED UP TO $160K

FULL LIST OF DUPLEXES PRICED UP TO $160K

SHORT LIST OF DUPLEXES PRICED OVER $160K

FULL LIST OF DUPLEXES PRICED OVER $160K

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY

OTHER PROPERTIES FOR SALE – UPDATED MAY 14th

1. 12 units in Burleson - $399K – 10% Cap

2. 39 units in Central Dallas - $877,000 – Seller Financing with 25% Down

3. Brand new Builder Duplexes - $255,000 each – Central Texas (New Braunfels, Kyle, Georgetown) – dependable return, mgmt in place

4. 19 Units in Garland – 9.5% Cap – REDUCED to $487,000

5. 18 units in North West Arlington - $675,000 – 9% Cap

6. 2 duplexes in Central Ft Worth – Seller Financing - $175K each

7. 3 duplex package in Garland – Seller financing

8. 20 units near UTA in Arlington – strong cash flow - $595,000

9. 8 or 16 units in North Austin - $369,000 per 8 plex

10. 39 units – North Austin/UTA Shuttle Route - $1.65M – 9% Cap

11. 8 unit property in Denton/TWU Area - $450,000

12. 4 duplex package in San Marcos (South Austin) Texas State University - $690,000

13. 12 units in San Marcos - additional 2 acres included (16 additional buildings possible and utilities in place)

14. Land for Condo build out in Austin (Lake Travis) - $3.2M - appraised at $6M – project already approved and community already in place, this would be last phase

15. 17 units – Class A property/area – average rent over $3000/month – high end finish out – Central Dallas - $5.95M

16. 57 acres in South Ft Worth – 4 duplexes already built – room for many more. $2.5M – Gated community.

17. 16 units in Cowtown - $320,000 – 12% Cap

18. 6 units in Uptown with an extra lot to build 6-8 more units (townhome style) - $1.1M

SINGLE FAMILY RENTAL – Below are ISD’s that I’m focusing on for properties under market value and in COMP range. These areas have been extremely popular with renters and tend to lease quickly.

1. Keller ISD – Solid area and continues to be consistent for leasing and finding opportunities.

2. Mansfield ISD – Homes will be a bit more expensive here but rental market remains solid and you will get higher rents.

3. Plano ISD – Always popular, won’t find many new builds but in between the Tollway and I-75 is popular for renters.

4. Northwest ISD – In NW Ft Worth, good schools and lots of new builds. The area lacks substantial retail but that is coming. Good rents.

5. Frisco ISD – Starting to stabilize but higher prices – worth following to see if some deals pop up.

6. McKinney ISD – Similar to Northwest ISD – lower costs homes and consistent rents makes it a popular choice.

7. Cedar Hill and Desoto – South Dallas (south of I-20) – less expensive homes and solid rents

DO YOU NEED TO LIST YOUR INVESTMENT PROPERTY OR RENTAL VACANCY ON MLS/REALTOR.COM?

I offer a Flat Fee MLS/Realtro.com service to list your investment property or unit for rent on MLS. First listing is a flat $125 and each listing after is $99. The flat fee gets the property on MLS/Realtor.com and all the sites that pull feeds from those sources. Great exposure for your property. The flat fee is only for listing the property. Showings, negotiations, contract issues, etc are handled direct with you and the buyer. If you would like information on this program, please call or email.