All Forum Posts by: Rhondalette W.

 Yes the for is Vinyl. It was $1.29 a sq ft. I am going even cheaper on my next rental and I will stain the concrete.

 Hey Yosif, thank you for your comment. I agree with you the fixtures could be updated and it would have been much nicer if I purchased new cabinets. Keeping the cabinets was definitely a financial decision. Maybe I will eventually purchase new cabinets after my first renter moves out. I do not think I will have a problem keeping it rented. When I placed it on zillow, truila and craigslist I got 95 families interested. The tenant I selected is a school teacher and she was okay with older fixtures and cabinets so maybe I got lucky or maybe I could have rented it for more if I had updated it a bit more. 

This is not a flip but is instead an update to rent. I removed the green carpet, painted all of the wood panel, removed the wall paper trimming around the ceiling, new counter tops and flooring. Kept the cabinets, stove and refrig. This is my 2nd rental. (My mortgage is $660 renter will move in on Monday renting for $1200). 

I ran a search for you..... These are south of dallas available today. You can also look north in Carrollton, Lewisville, The Colony. 

06/21/2016 New Listing 13399736 A 908 Magnolia Lane Lancaster 1,646 1966 3 2.0 0.22 $119,900

06/21/2016 New Listing 13405307 A 210 S Horne Street Duncanville 1,224 1972 3 2.0 0.16 $99,000

06/21/2016 New Listing 13405159 A 323 Halo Street Duncanville 1,411 1974 3 2.0 0.18 $110,100

06/20/2016 Back On Market 13341492 A 230 W Center Street Duncanville 1,264 1966 3 2.0 0.16 $87,200

06/16/2016 New Listing 13402792 A 403 S Alexander Avenue Duncanville 1,707 1965 3 2.0 0.23 $113,000

06/15/2016 Back On Market 13392780 A 910 Cedar Run Drive Duncanville 1,464 1985 3 2.0 0.23 $110,000

06/14/2016 New Listing 13387777 A 905 Ragland Drive Cedar Hill 1,792 1987 4 2.1 0.12 $119,900

06/13/2016 New Listing 13398258 A 2546 Seven Hills Drive Grand Prairie 1,868 1982 4 2.0 0.20 $80,000

06/12/2016 Back On Market 13386588 A 324 Meadowcreek Drive DeSoto 1,576 1964 3 2.0 0.27 $100,000

06/12/2016 Back On Market 13395091 A 1200 Aviary Drive DeSoto 1,319 1983 3 2.0 0.24 $117,000

06/10/2016 New Listing 13397337 A 321 Meadowcreek DeSoto 1,698 1964 3 2.0 0.25 $119,900

06/06/2016 New Listing 13393019 A 2602 Santiago Circle Grand Prairie 1,472 1973 3 2.0 0.07 $82,000

06/05/2016 New Listing 13392770 A 847 Rockett Lane Cedar Hill 1,289 1996 3 2.0 0.13 $120,000

06/01/2016 Price Decrease 13365756 A 710 Sequoia Drive Lancaster 1,583 1964 3 2.0 0.17 $96,900

05/28/2016 Price Decrease 13302037 A 1543 S. Hampton Glenn Heights 1,716 1967 3 2.0 $115,000

05/25/2016 New Listing 13385154 A 532 Terrace Drive DeSoto 1,425 1965 3 2.0 0.29 $119,000

05/23/2016 New Listing 13384312 A 926 9th Street Grand Prairie 1,708 1954 3 2.0 0.26 $95,000

05/03/2016 New Listing 13369356 A 3505 S Edelweiss Drive Grand Prairie 1,823 1973 3 2.0 0.17 $112,100

Welcome to BP fellow Texan.

  This is my 2nd rental property. Just secured a tenant yesterday. Kept the kitchen cabinets, stove and refrig. Changed counter tops, flooring and painted all of the wood panel. Also just started renovation on #3 will post pictures next week when its done. 

Could not rotate this picture but hope you get the idea of the changes

@Leland Smith You mentioned your realtor. Was the house already listed on the MLS with a realtor? Most people who list their homes are wanting to receive an offer close to what they have listed it for. You may do your own advertising to find distressed owners who might me more willing to negotiate on price. These owners may be divorcing or heading to foreclosure etc.

 Glad you are out making offers.

 Have you tried attending a local real estate investment club? There you may find many people who are interested and would like to be on your list. 

Good luck. 

 Eric, I agree! 

Love reading success stories. Congrats @Ryan Bodenhorn