Monday, December 30, 2013

Happy New Year - Bring on 2014 - Investment Property List to Start the Year!

Hello and Happy New Year,

After speaking to several list brokers and property management companies in December, I expect to see more listings hit the market in the 1st & 2nd quarter. As you have seen, inventory has remained very tight throughout DFW and Texas for that matter. I will be in Austin/San Antonio on a more regular basis scouting opportunity down that way.

With a New Year, many of you may have updated parameters. If you do, please let me know so I can make sure I don’t miss anything. Parameters to included property type, area, price, etc.

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 is the JANUARY 2014 list of properties of interest. As always, if you see something of interest or have questions, please let me know and will get answers/comps.


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 DECEMBER 30TH

1. 6 duplex package in Lancaster, TX – Year 2002 build year - $1.1M
2. 16 duplex package in Wylie, TX – Year 2002-2006 build years - $3.1M
3. 4-plex in Oak Lawn area of Dallas - $475,000 – Great area, updates
4. 4-plex in Gaston Area - $270,000 – renovated
5. 12 units in North Richland Hills – Townhome Style - $995,000 – stable area
6. 32 Units in Oak Lawn area of Dallas - $3M
7. 80 units in Tyler - $2.2M – 11% Cap
8. 65 units Senior Housing (55+ age) - $2.6M – Ennis -
9. 35 Townhome Community in Denton – 9% Cap – Solid location
10. 14 brand new townhomes in Denton – All rented out. $2.1M – 8.5% Cap – solid rental area and brand new
11. 1.87 acre land tract in Irving, TX – zoned MF-2 - $175,000
12. 32 units in Garland – next to Bass Pro Shop and new retail area by the lake - $1.7M – 8.5% Cap
13. 3 new build duplexes in Ft Worth - $145,000



SINGLE FAMILY INVESTMENT PROPERTY - 2014

I tried to keep an up to date list of SEVERAL areas I like for SINGLE FAMILY INVESTMENT but just too much to keep track and post. On single family homes I look for good areas/ISD’s with homes below market value and then cross check rental data to make sure they will also cash flow. These will be regular sales, short sales and foreclosures. Shape of the home to be determined on visit. This is becoming a popular segment for appreciation and cash flow. What I currently do is have the investor send me the parameters they want (price, location, size, etc) and then set up specific searches to pull new listings so we don’t miss anything. The ones priced below market will move fast.



*****LIST ON MLS/REALTOR.COM FOR FLAT FEE OF $125 – FOR SALE OR FOR RENT PROPERTIES……


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.

Saturday, December 14, 2013

MID DECEMBER 2013 Single Family & 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 DECEMBER 2013 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 DECEMBER 14TH

1. 6 duplex package in Lancaster, TX – Year 2002 build year - $1.1M
2. 16 duplex package in Wylie, TX – Year 2002-2006 build years - $3.1M
3. 4-plex in Oak Lawn area of Dallas - $475,000 – Great area, updates
4. 4-plex in Gaston Area - $270,000 – renovated
5. 12 units in North Richland Hills – Townhome Style - $995,000 – stable area
6. 32 Units in Oak Lawn area of Dallas - $3M
7. 80 units in Tyler - $2.2M – 11% Cap
8. 65 units Senior Housing (55+ age) - $2.6M – Ennis -
9. 35 Townhome Community in Denton – 9% Cap – Solid location
10. 14 brand new townhomes in Denton – All rented out. $2.1M – 8.5% Cap – solid rental area and brand new
11. 1.87 acre land tract in Irving, TX – zoned MF-2 - $175,000
12. 32 units in Garland – next to Bass Pro Shop and new retail area by the lake - $1.7M – 8.5% Cap
13. 3 New build duplexes in Ft Worth - $145,000




NEW SINGLE FAMILY RENTAL LIST Below are links to a variety of CITIES and ISD’s that I like for rentals. The homes listed should fall within positive cash flow range based on 1:1 ratio or higher (asking price to what the average rents in these areas). Please keep in mind these homes are printed as ACTIVE but will change status much quicker than the above multi-family lists. These will be regular sales, short sales and foreclosures. Shape of the home to be determined on visit. This is becoming a popular segment for appreciation and cash flow. I can do this beyond the listed communities below. I can also run for higher end areas/rentals.

LIST ON MLS/REALTOR.COM FOR FLAT FEE OF $125 – FOR SALE OR FOR RENT PROPERTIES……


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.