Updated about 8 years ago on .
Easy Flip or Rental - Dallas - Reinhardt
ARV: $155,000
Rehab: $30,000
Price: $95,000
Call Leo Today! 817-507-9497
Description:
3/2 enclosed garage (master bedroom) with long term tenants paying below market value rent. They are on a month to month and unfortunately will still be there when the deal closes. The play is that they either pay market rent rate after remodeled or you boot them if the investor is looking at this as a B/F/R. Please do not let this deter you as we can work on the tenants if it becomes an issue. PLEASE DRIVE BY ONLY. Working on group showing soon. I put some unknowns and/or options in rehab budget to cover myself. i.e. Not sure that windows are needed, not sure both baths will need $2K each, not sure if HVAC is a total redo or a service, and finally not sure that a roof is needed (especially if it is being held as a rental).