Sunday, November 30, 2014

DECEMBER 2014 Investment Property List - Dallas/Ft Worth/AUSTIN - Cash Flow WANTS/HAVES Section

Hello and thanks for visiting the DFW Investment Blog,


Below is the DECEMBER 2014 list of properties of interest. Almost to year end, some more inventory on the list, also some larger properties that have been sitting for a while if you want to revisit them.

NEW SECTION: Remember the new section of HAVES/WANTS. Margin is everything so trying to put buyers/sellers together to reduce commissions is the goal and a smooth transaction. If you have an interest in selling your current properties in 2015, let me know.



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 DECEMBER 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. When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.


SHORT LIST OF DUPLEXES

FULL LIST OF DUPLEXES

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY


OTHER PROPERTIES FOR SALE – Updated 12/1/14

1. 6 duplexes in North Dallas (Richland College area) - $1.5M – 7% Cap
2. 34 townhomes (newer build) – Weatherford - fully leased - $4.4M
3. 11 new build townhomes – Denton - $1.8M
4. 37 units in Lewisville - $1.7M – Class C property, Class B area – Stable, close to downtown
5. 30 duplex community (60 units) – North Dallas - $6M
6. 9 duplexes in Benbrook – very stable area, always stay leased - $1.725M
7. 10 units in Lockhart (outside of Austin) - $545,000 – 100% leased
8. Duplex in Richardson - $219,000 – Getting $2,245 in monthly rent
9. 16 units in Austin - $1.475M
10. 30 units in Oak Lawn area of Dallas - $2.650M
11. 18 units near UT in Austin - $1.750M



WANTS (sent to me by people looking for specific property
1. a triplex or fourplex in zip codes: 75201, 75204, 75206, 75208 & 75215. Under $400,000. Cosmetic rehabs only.
2. Commercial Multi-family $500k-$1M – North Texas/Austin



NEW SINGLE FAMILY RENTAL LIST – 2014 UPDATE

KELLER – under $75sqft
MANSFIELD – under $80sqft
PLANO/FRISCO. – under $90sqft
½ duplexes – new angle but options, similar to townhome purchase but without HOA. Link below
HALF DUPLEXES



SINGLE FAMILY INVESTMENT PROPERTY – 2014

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.


FULL SERVICE LISTING

In 2015, If you need more than the MLS Flat Fee service, I will be offering Full Service listing for only 1% on the listing side (still reserve 2-3% for buyer broker). Reduced commission but full representation of photos, signs, lockbox, negotiations, etc.

Please call/email for details.

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).