Thursday, April 30, 2015

MAY 2015 - Texas Property Cash Flow Update - Single Family & Multi-Family Opportunities

Hello and thanks for visiting the DFW Investment Blog,

Below is the MAY 2015 list of properties of interest. The Dallas/Ft Worth and Texas market in general has been leading the way and will only continue to grow. If you have friends/family needing anything please keep me in mind. I will handle anything from residential single family to investment property of any size.

TWITTER – I have started a TWITTER account and will do my best to post a “Deal of Day” or “Stable Cash Flow” property of day. I will kick this off starting in February. The feed comes from……..@jamestglynn.

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.

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.

MAY 2015 LIST

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 5/1/15

1. Crowley Duplexes – 3 for sale – year 2000+ build - $199,000 each - $2000 gross rent per duplex
2. 2 duplex lots to build your own duplex - $35,000 per – South Ft Worth
3. 12 units in Lakewood - $1.4M
5. New build duplex in Grapevine - $549,000 – buyer can still pick options.
6. 11 units – new build – townhomes – Denton - $1.8M
7. 6 Duplex Package – North Central Dallas - $1.3M
8. 9 Duplex Package – West Ft Worth - $1.725M
9. Lancaster duplex – solid rental area - $1800 monthly rents - $180,000 – backs to park and sports area
10. 18 duplexes in Azle - $3.5M – 9% Cap – EXTRA LAND TO BUILD MORE DUPLEXES
11. 37 units in Lewisville – Back on Market – Class B area - $1.85M
12. 22 Units in Oak Cliff – 1 block from Lake - $700,000 (off market)



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
3. 80-300 units in Texas
4. A duplex, tri-plex, quad in any condition in 75206,75214,75218
5. Any commercial Multi-family property in Mid-Cities or Keller.
6. 2-4 unit property in Plano or Frisco
7. Anything in Denton to $700K


NEW SINGLE FAMILY RENTAL LIST – 2015 UPDATE - (Popular option with lower 2-4 unit inventory)

Single family rental continues to be a popular option with the growing DFW market. My parameters for finding single family rental property are communities with ($.80+ rental rates per sqft, Days on Market under 40 days, and a SOLD price per sqft lower than the average).

These properties are moving to quick to keep a running list. I’m running it for the good communities in ISDs that I like each day. If you have a specific area, let me know and will just add you to that list. In these better communities, homes are selling in 7 days if priced correctly (in the range we would want as Investors).

FLAT FEE MLS/REALTOR.com LISTING - $125 – GREAT WAY TO LIST FOR SALE AND FOR LEASE 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).