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All Forum Posts by: Jacob Smith

Jacob Smith has started 8 posts and replied 32 times.

Post: ​75% ALL IN RENTAL - 603 County Road, Weimar, Texas 78962

Jacob SmithPosted
  • Katy, TX
  • Posts 34
  • Votes 20

Address: 603 County Road, Weimar, Texas 78962

3/2, 1,056 sqft, Built 2005


RENTAL / OWNER FINANCE PROPERTY 

This property is currently worth $85,000 as is, will Rent out at $800 monthly as is. Repairs force value up to 95,000. Current The tenant is set to move out at the end of October. 

ARV: 95,000
ASKING: 67,000
REPAIRS: 5,000
MONTHLY RENT: 800

75% ALL IN PURCHASE


Pics:

There are no AC, foundation, electrical, or plumbing issues. All tile/ laminate interior. 

Ready for an owner-financed tenet directly after closing!

https://drive.google.com/drive/folders/0B2Ul2P8CcYGIMEFoMzRUQUJOQms?usp=sharing


Contact:
  
This is a cash sale. Hard or Private money loans are accepted with proof of funds.

Jacob Smith

281.216.7954
[email protected]
https://www.cashhomesolution.com/


This event is a free dinner party to be hosted by us at the Sugarland Banquet Hall on September 30th 

Dinner will be catered by our friends at Biryani Express, makers of authentic home-made Hyderabadi, South-Indian, North-Indian dishes.

The dinner is held by us to share updates on The Taj Residences, a retirement community for active adults and also the investment opportunities.

https://www.ashtongraydev.com/taj-residences-shaun-vembutty


Sept. 30th, 6-9pm

16305 Kensington Dr, Sugar Land, TX 77479

Please RSVP at my email:

[email protected]

Post: SFR Rental Houston - 77087

Jacob SmithPosted
  • Katy, TX
  • Posts 34
  • Votes 20

text me for detail 281-216-7954

*has not been flooded

Hello all,

We're in negotiations with an owner of a home Memorial, here are the numbers 

Asking 360
Repairs 100
ARV 560

The numbers are tight (82% all in) but it may be worth it to someone who knows the area. Thought?

Post: Rental/ Owner Finance Property - Houston Tx

Jacob SmithPosted
  • Katy, TX
  • Posts 34
  • Votes 20

OFF MARKET RENTAL/OWNER FINANCE DEAL

Please take a look at the comps and pictures attached below. The property is in a great area for owner financing or to rent out. The property’s actual square footage is 1892 sqft per seller and is a 3 bedroom 2 bathrooms. Awesome cash flow property, this won’t last long!

SEE THE FINAL PARAGRAPH FOR PROJECTED APPRICIATTION

Call or text JACOB ( www.cashhomesolution.com ) 281.216.7954

~~~~~THE HOUSE~~~~~

Address: 4223 LURLENE ST HOUSTON, TX 77017 (1892 sqft.)

Asking Price: 115,500k

Repairs: 15k for general cosmetic updates.

Estimated ARV: 155K, conservatively ~ $81/sqft after light repairs

Estimate Rental: at least 1400/month


PICTURES:  click here   

~~~~~THE NUMBERS~~~~~

1) http://www.har.com/8157-juliabora-st/sold_21477556

Sold Price: 145k (27 days)

Sq. Ftage: 1148

2) Address: 8136 WIER DR HOUSTON, TX 77017 ($80.34/sqft)

Link: http://www.har.com/8136-wier-dr/sold_94399845

Sold Price: 112k (19 days)

Sq. Ftage: 1394

3) Address: 8412 LENORE ST HOUSTON, TX 77017 ($126.93/sqft)

Link: http://www.har.com/8412-lenore-st/sale_76966409

Sold Price: under contract at 115k (22 days)

Sq. Ftage: 906

4) Address: 8302 HOWARD DR HOUSTON, TX 77017 (Sale date old but most similar)

Link: http://www.har.com/8302-howard-dr/sold_45398465

Sold Price: Sold in 08/04/2015 at $165,900 (12 days)

Sq. Ftage: 2064

RENTALS: (Same Subdivision)

1) Address: 8355 WIER HOUSTON, TX 77017

Price: 1350

Sq. Ft.: 1568

DOM: 37

2) Address: 8326 GLENVIEW DR HOUSTON, TX 77017

Price: 1200

Sq. Ft.: 1390

DOM: 18

Call or text JACOB ( www.cashhomesolution.com ) 281.216.7954 


~~~~~THE STORY~~~~~

I suspect this area's property values will be appreciating in value very nicely. This property is located near a very big public works development!


http://www.houstontx.gov/council/i/wortham-glenbro...

"In January 2015, City Council unanimously approved long-term lease agreements with the Houston Golf Association (HGA) to restore and operate , and with the Houston Botanic Garden Board (HBG) to transform the existing golf course at Glenbrook into a world-class Houston Botanic Garden."

(The Glenbrook Golf Course is very close to 4223 LURLENE ST)


Timeline and progress

HBG – Botanic Garden at Glenbrook

  • HBG must raise $5M by December 31, 2015 – Goal Met
  • HBG must raise $20M by December 31, 2017 BEFORE BREAKING GROUND (City Council can extend up to 1 year)
  • Must complete construction of the first phase no later than 4 years after taking control of site
  • Fundraising and master planning are ongoing



THANK YOU FOR READING!!!

Call or text JACOB ( www.cashhomesolution.com ) 281.216.7954

Post: Houston ARV 157, Asking 130, Rent 1400, Repars 5k

Jacob SmithPosted
  • Katy, TX
  • Posts 34
  • Votes 20

OFF MARKET RENTAL DEAL

Please take a look at the comps and pictures attached below. 

Pictures for Piney Oaks.zip

Address: 13511 PINEY OAKS DRHOUSTON, TX 77065
4/2, 1,860 Sq Ft - Built 1982

http://www.har.com/13511-piney-oaks-houston-tx-77065/homevalue_3525420

Estimated ARV: 157-160k

Estimated Rental: 1400/month

Asking Price: 130k

Repairs: ~5k (Been updated and ready to be rented out, NEW AC!)

Roof- Replaced 2008
AC- Replaced 2014
Foundation- No Cracks in walls, no leveling issues
Electrical- No inspections, all fixtures work
Plumbing- No Inspections, All water runs


Repaint House (Fence included)- $2 K
New Dish Washer, Stove- $1,200
Fix Counter top in kitchen (you'll see what I mean) $250- $350

New Front and Back Door $400
Replace Roof Jacks $500

COMPS:

1) Address: 13502 TARA OAK DR HOUSTON, TX 77065

Link: http://www.har.com/13502-tara-oak-dr/sold_31976634

Sold Price: 157k (10 days)

Sq. Ftage: 1788

2) Address: 10302 RABBIT OAK DR HOUSTON, TX 77065

Link: http://www.har.com/10302-rabbit-oak-dr/sold_91770335

Sold Price: 157.5k (3 days)

Sq. Ftage: 1795

3) Address: 13411 TARA OAK DR HOUSTON, TX 77065 (Way less updates)

Link: http://www.har.com/13411-tara-oak-dr/sold_92917348

Sold Price: 149k (26 days)

Sq. Ftage: 1940

4) Address: 10310 OAK LIMB DR HOUSTON, TX 77065 (Way less updates)

Link: http://www.har.com/10310-oak-limb-dr/sale_13793655

Sold Price: under contract for 159,477k (45 days)

Sq. Ftage: 1860

5) Address: 10318 OAK LIMB DR HOUSTON, TX 77065

Link: http://www.har.com/10318-oak-limb-dr/sale_10186455

Sold Price: under contract for 164,450k (5days)

Sq. Ftage: 1713

RENTALS: (Within 6 months)

1) Address: 13602 WHITE CLIFF DR HOUSTON, TX 77065

Price: 1400

Sq. Ft.: 1860

DOM: 16

2) Address: 13431 TARA OAK DR HOUSTON, TX 77065

Price: 1495

Sq. Ft.: 1984

DOM: 14

3) Address: 13614 PECAN OAK DR HOUSTON, TX 77065

Price: 1395

Sq. Ft.: 1655

DOM: 10

4) Address: 13411 TARA OAK DR HOUSTON, TX 77065 (Way less updates)

Price: 1400

Sq. Ft.: 1940

DOM: 48

Please Call for a showing- 281.216.7954

Nice find here

I can send you a list of subdivisions that are really good for SFR rentals, message me!