All Forum Posts by: Lyall Storandt

Greetings!

We have a great new property available in the MacGregor Palms area of near SE Houston.

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $58,000.00

Rehab: $25,000.00

ARV: $120,000.00

Rents: $1,100+ / month

Sherman Bridge out-of-pocket expense: $16,579 / Estimated pure profit: $16,882 / Cash-on-cash return: 90%

Square footage: 1,188

Bedrooms: 2

Bathrooms: 1

Garage: Converted

Year built: 1950

Greetings!

We have a great new property available in the Oak Forest area of near NW Houston.

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $239,900.00

Rehab: $45,000.00

ARV: $360,000.00

Sherman Bridge out-of-pocket expense: $44,478 / Estimated pure profit: $23,460 / Cash-on-cash return: 45%

Square footage: 1,240

Bedrooms: 3

Bathrooms: 1

Garage: 1

Year built: 1953

Greetings!

We have a great new off-market property located in the Foster Place area of near SE Houston.

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $32,500.00

Rehab: $35,000.00

ARV: $85,000.00

Rents: $800+ / month

Square footage: 814

Bedrooms: 3

Bathrooms: 1

Garage: N/A

Year built: 1955

Greetings!

We have a great new property available in the Independence Heights area of near NW Houston.

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $69,900.00

Rehab: $40,000.00

ARV: $140,000.00

Square footage: 987

Bedrooms: 3

Bathrooms: 1

Garage: N/A

Year built: 1940

Greetings!

We have a great new off-market property available in the Ashford Forest area of west Houston / the Energy Corridor.

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $179,000.00

Rehab: $75,000.00

ARV: $325,000.00

Sherman Bridge out-of-pocket expense: $40,068 / Estimated pure profit: $16,627 / Cash-on-cash return: 31%

Square footage: 2,277

Bedrooms: 4

Bathrooms: 3

Garage: 2

Year built: 1969

Greetings!

We have a great new development opportunity located in the Meyerland area of near SW Houston.

Please call me directly at 405-361-1341 if you're interested in this property!

This property will match the lowest sold lot price in Meyerland over the past year. Located in the 100-year floodplain. Can be salvaged and rented in the interim if a developer so chooses.

Greetings!

We have a great new property available in the Bonham Acres area of near SW Houston.

Please call me directly at 405-361-1341 if you're interested in this property!

Price: $142,000.00

Rehab: $50,000.00

ARV: $250,000.00

Sherman Bridge out-of-pocket expense: $31,824 / Estimated pure profit: $15,017 / Cash-on-cash return: 36%

Square footage: 2,387

Bedrooms: 6

Bathrooms: 2.5

Garage: 2

Year built: 1960

@Steve Vaughan Hey Steve, we actually stopped offering full-service listings a couple years back as it's not our core business. We do, however, offer a flat-fee listing service through New Western Realty (another sister company). That said, it is my recommendation that an investor hire a full-service agent that's actually going to work the deal as opposed to someone who's just going to throw it up on the MLS (that's what the flat-fee service is for).

Also, as an aside, we (Sherman Bridge) don't have any in-house appraisers.

Best of luck with the rentals up in Central Washington!

@Valerie Nguyen @Daniel Putt Sent and sent!

Greetings!

We have a great new off-market property available in the Binglewood area of near West Houston (Spring Branch ISD).

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $139,000.00

Rehab: $60,000.00

ARV: $255,000.00

Sherman Bridge out-of-pocket expense: $36,456 / Estimated pure profit: $19,793 / Cash-on-cash return: 19%

Square footage: 1,722

Bedrooms: 3

Bathrooms: 2

Garage: 2

Year built: 1957