All Forum Posts by: Chetan Tandon

This property is in Dallas, TX 

$30,000 Equity

Single Family House

Bedrooms: 3

Baths: 2

Garage: 2

Est.(ARV): $130,000

Seller's Asking Price:
$95,000

Estimated Cost of Repairs:
$5,000

Profit Potential of:
$30,000

About Property
Structurally sound property that just needs basic cosmetic updating. Foundation is pier and beam and is in good condition. Roof is being replaced through insurance claim and will be brand new prior to closing.

About Repairs
Property needs Paint, flooring, kitchen counters/appliances, fixtures, bathroom vanity tops and landscape clean up. Easy Rehab!!!

Miscellaneous
Market Rent- $1,200/month.

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If you have any questions or would like to make an offer. Please email or call me.

Thanks! Chetan Tandon
[email protected]
9542451765

Need off market MFH (200-1000 units) over $25 million, also any MFH 150 units+

over 8% cap rate  .If you have anything that meets my criteria. Please email me at [email protected]

To make an offer please email or call me. 

Thanks!

Chetan Tandon

[email protected]

9542451765

Est.(ARV): $309,182

Asking Price:
$250,900

Estimated Cost of Repairs:
$2,500 Profit Potential of:
$55,782 ARV: 3/2 Comps:

- Sold 11/12/2014: $300,000 1805 SW 24th Ter, Ft Lauderdale, FL 33312.

- Sold 5/2/2014: $321,500 2610 SW 16th St, Ft Lauderdale, FL 33312.

- Sold 4/17/2014: $295,000 1837 SW 24th Ave, Ft Lauderdale, FL 33312.

About Property:

CBS construction 1-Story Ranch home in a great neighborhood has 3 bedrooms, 2 full baths, attached carport, open floor plan for entertaining, 2 central A/C units, hurricane impact glass on most windows, alarm system, 2,054sf living area on a 7,911sf lot, and was built in 1961. About Repairs:
Minimal to none. Ready to rent! Already has good baths, kitchen cabinets, appliances, gas stove & installed tank. Renovated inside & out. New roof in 2014. Newer central A/C units, updated kitchen & baths. Miscellaneous:
Easy access to 95 and the beaches. First, you are buying it below Market Value and it can be rented immediately.

MEDITERRANEAN WATERFRONT ESTATE

This 5 bedrooms, 4.5 bathrooms, 5880sf, 2006 built, 3 car garage home on the intracoastal, is boaters haven for the right buyer.

ARV is between $2.4 mil and $2.6mil based on recent sales comps.

REHAB NECESSARY!!!! $50,000 with A GC quote, appraisal is available on property if interested in purchasing.

Purchase Price $1,591,000

This house is a " NEWER MEDITERRANEAN WATERFRONT ESTATE. TOWERING CEILINGS W/ A WALL OF WINDOWS OVERLOOKING INTERSECTING WIDE CANALS. 24'' SATURNIA FLOORS, MAPLE CABINETS, HONEY GRANITE TOPS, * ORIGINALLY PRICED $2,495,000. THE HOME IS PRICED FOR TODAY'S MKT.

Will go fast, don't delay!!

________________________________________________________________________________________________________

If you have any questions or like to make an offer please email or call me.

Thanks!!!

Chetan Tandon
[email protected]
9542451765

$1,500,000 Equity

Multi-Family

5411 Columbia Ave

Dallas, Texas 75214

Est.(ARV): $6,000,000

Seller's Asking Price:
$4,500,000

Estimated Cost of Repairs:
None needed

Profit Potential of:
$1,500,000

About Property
This 49 Unit Woodfront Condominium Complex is located hard on Columbia Ave. in Dallas which is Abrams Rd. just to the North. This complex is 100% occupied and the complex is in very good condition BUILT IN 1984. Currently as it sits, changing nothing, as a 7.5% + ROI. Sits on a full 1.25 Acre (basically an entire city block).

Miscellaneous

This is a turn-key rental package. Each unit is separately and individually deeded. This means that you could over time sell these units individually.

No other information will be provided without POF's and LOI or contract

To make offer or any questions please email me at [email protected]

Cap Rate is 8.5%

11 UNITS MUST SELL ASAP!

5101 Bell St #11 - $90,000 Equity

5101 Bell St #11
Houston,TX 77023

Part Of Town: Greater Eastwood/East End/East Lawn

Est. After Repair Value (ARV): check comps $385,000 minus

Asking Price:
$260,000

Estimated Cost of Repairs:
$35,000

Profit Potential of:
$90,000

How to Access Property: Drive by and if serious buyer access will be granted

How Seller Determined ARV: Comps: Sold 4/25/2014: $385,000 2800 Carrolton St, Houston, TX 77023 (12 units). Sold 5/30/2014: $310,000 4701 Bell St, Houston, TX 77023 (11 units). Sold 3/21/2014: $159,500 4712 Polk St, Houston, TX 77023 (5 units). Sold 6/30/2014: $142,000 6322 Stillwell St, Houston, TX 77023 (6 units).

About Property
Property consists of 3 buildings sitting on a 11,200sf lot with of two (2) 2-bedroom & 1-bath units, six (6) 1-bedroom & 1-bath units, and 3 efficiencies. The apartment units sit on a corner lot in the booming East End.

About Repairs
Replace roof on one building, replace broken glass, replace some bricks, repair balconies, and replace the rotten wood.
Miscellaneous

You can add income by turning the storage into effeciency and adding $350/month and then the laundry adds $400/month.

Rents are bringing in $4,250/mo with potential to bring in about $5,500/month with raising rents, laundry income, and 12 unit.

Rents are low and can be raised on the 1-bedroom $50/door, efficiency $50/door, and 2-bedroom $25/door.

https://www.dropbox.com/sh/tpt5onvmgfs38m8/AACdoGEAIndiC86xjhUW_4EXa?dl=0

To make an offer please email at [email protected].
Thank You!!!
Chetan Tandon
[email protected]

Investor Special!!!
99 SFR's for 2.7 million. For more information please email me at [email protected]

Here's is new off market MFH:

24 Unit Multi-family

$411,500 Equity

4300 Junius St
Dallas, Texas 75246
Part Of Town: Northeast Downtown

Est. (ARV):
$1,900,000

Asking Price:
$1,138,500

Estimated Cost of Repairs:
$350,000

Profit Potential of:
$411,500

How Seller Determined ARV: Similar properties for sale and sold, both off and on Market.

About Property
3 buildings with total of 24 units made up of 16 studios, 4 - two bed two bath, and 4 one bed and one bath.

About Repairs
8 studios are almost rent ready and the other 16 units are in studs and need complete renovations.

Miscellaneous
Cash or hard money only.

One building is near completion and near rentable with remodeled units and could generate income while completing other units. (Separate electric meters. Individual central heat and air units. Paved rear parking. After rehab, should produce an excellent cash flow in an excellent area!

Approx 15,150 Net Rentable Sq.Ft. Should be able to rent@$1.00Sq.Ft.avg. currently.

East Dallas. Just Northeast of Downtown Dallas. 1 block East of Gaston Ave. at the intersection of Peak St.

Thanks!
To make an offer or like to see other properties please email at [email protected]