All Forum Posts by: Jake Wood

@Jill Rankin Vega 

I'd be interested in looking at the lot if you've still got it available. I've got one house on Crystal Beach at the moment and would be interested in another. Thanks! 

Here is a financial analysis for 1 individual property 

file:///C:/Users/jake/Downloads/Alvin%20package.pdf

Brand new construction, never lived in. All 3 bed 2 bath. (4) at 1375 sqft and (2) at 1289 sqft. Market rents are $1450/mo and $1350/mo. Taxes are roughly $2200/year per home. Selling price for the package is $835,000. 

1605 Phillips St. Alvin, TX 77511

1607 Phillips St. Alvin, TX 77511

1609 Phillips St. Alvin, TX 77511

1604 Willis St. Alvin, TX 77511

1606 Willis St. Alvin, TX 77511

1608 Willis St. Alvin, TX 77511

Here's a property in Galveston very close to UTMB, Ferry landing, and Stewart Beach. It is located in flood zone X, so does NOT require flood insurance. The house will be a complete re-do...Roof, minor framing and HVAC all need attention in addition to full cosmetics. 

Selling for $79,900

Repairs $80,000

ARV $215,000

3rd party repair bid and comparable sales available upon request. Don't hesitate to contact me with any questions. 

Thanks, 

Selling a fire damaged home in Clear Lake (Brook Forest subdivision). Needs a complete remodel, estimates available at $95,000. Re-sells in the $85-$95/sqft range. Contact me for further information! 

@Fred Heller @Michael Koncaba 

Ran across this article a few days ago pertaining to the school district topic and thought I would share!

 http://www.bizjournals.com/houston/morning_call/20...

Good flip opportunity for someone looking for a light rehab. This is a 2003 build in Saint Edmunds Green subdivision just off of 646 across from Beacon Lakes golf course. We have a bid for 4k on foundation (all exterior piers including 4 under the patio). Other than that the house needs paint and carpet in two bedrooms. 

Only 10 houses in total have sold since 1/1/15 in the subdivision. Most are much larger than this one, however there is one comp at 2138 sqft that sold for 225k, which is also makes it the cheapest sold in over a year. We are selling for 168k! 

Give me a call or send me an email if you have any questions or would like more info! 

Hi Frank, 

Welcome to BP! I'm located in Galveston county as well and actually have an office in Texas City. I certainly don't have all the answers but happy to help or answer any questions on properties in the area, etc. Lots of good resources around this site as well! 

Nice off market opportunity on one of Galveston's nicer streets. It's a raised 2/1 just over 1200sqft but could easily add some square footage and make a 3/2. Alley access which allows for off street parking. Does need a complete overhaul. Contact me if you'd like a CMA, the repair analysis, or with any other questions!

ARV (as a 2/1) $189,900

Repairs $60,000

Selling $79,900