Great Opportunity In a Great Area!

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Here is a solid income producing property in North West Houston that is a great flip or rental, in Inwood North subdivision. Lease comps are all from $1,100-$1,250 per month. The repairs include a little bit of everything but $25k should be more than enough for a flip. Finance this property for less than $13,000 down.

Contact RANDY for more information: 972-800-9863; randy.bui@newwestern.com

             

 

Get Creative and Make Money!!

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Nice buy-fix-sell opportunity in Southwest Houston! HUGE spread of 40K+!!! The ARV was discounted to take in account the non-conforming roof pitch. Also note how none of the comps have much curb appeal. This one will need a little of everything but 38K in rehab is plenty to turn this one around! An investor may consider replacing the exterior shingles w/ siding, then pitching a roof to get great curb appeal and full value potential of about 175K! Get in touch RANDY to check this one out. (972) 800-9863

         

High End Flip in Houston's Inner Loop

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This is a great flip in a awesome area. Our house has great curb appeal and style. This house is going to need a little bit of everything on the rehab but $80k should be more than enough money to make it one of the nicest houses in the area.

         

Looking for Duplexes? HERE ARE THREE!

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This property is one of three duplexes that has had kitchen and bath updates in both units and only need flooring and finish out. This building is bigger than most in the area and it should rent for well above $450-per door. please look at the lease comps because they range from $450-850 a door. CALL RANDY FOR MORE DETAILS!

 

         

 

CLEAN 2009 BUILD! Minimal Rehab Needed!

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This is a great opportunity for an investor seeking an easy rehab with this property only needing cosmetic touch-ups and an A/C compressor. This house sold for $128k in 2009 and at an ARV of $120k will be the cheapest active comparable in the neighborhood. Rental comps. suggest $1200 / month with an annual ROI of 12%. Call Randy today at 972-800-9863!

Investment Homerun in Houston Heights!

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Excellent flip opportunity in Houston Heights subdivision!!! The possibilities for this house are endless. The backyard is HUGE and currently NOT being utilized! A full blown rehab with a 800 sqft addition will make this a neighborhood gem! TONS of comps justifying $280+ sold price/sqft! Plenty of room for garage apartment if desired. The ugly older house next door on google street view no longer exists. NOT in historic district. THIS WILL BE A SHOWING. Get in touch w/ your agent for time and details.

Hidden Gem in Cypress

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Here is an awesome house in Cypress that will be a great flip for an investor. The area alone will make this house sell extremely fast. Lease comps are from $1400 to $1650 a month. Our ARV is very conservative and I wouldn't be surprised if an appraisal came back in the $200k range.

         

Houston Housing Market Continues to Shine

The time to invest in the Houston Market is here!!

Inventory continues to shrink, Prices are on the rise and we have seen almost two straight years of positive home sales!!

It is true that there is no one single factor that has caused this surge in real estate but the main factors that are apparent and don't seem to be going away any time soon are HUGE.

The most obvious is the Houston economy and job growth, more and more companies (mostly oil and gas) are making Houston their primary place of business. The most notable move has been Exxon Mobil and their 385 acre corporate campus near the woodlands. This new state of the are campus is going to employee roughly 10,000 people 2,100 of them are being transfered from the Virginia campus (according to Forbes.com).  Other major energy companies that have focused on the Houston area include BP and Anadarko Petroleum. There is no doubt that  energy sector is the driving force for the local economy, but other companies like Waste Connections and DOW chemical have new recently started to migrate to Houston as well.

This influx of jobs combined with the shrinking available inventory has created a hot spot for investors, Rents are on the rise and as stated earlier home prices continue to increase. Below is the latest snap shot from the Houston Association of Realtors recapping the first couple of months of this year.



http://www.har.com/mls/dispPressRelease.cfm?MONTH=02&YEAR=13

Ryan Bernhard 

New Western Acquisitions

210-771-3039

Excellent Flip in the Heights!!

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OUTSTANDING flip in Historic Heights! This neighborhood has beautiful rehabs every where! This one will need a total redo w/ added sqft making a 1580 sqft house. Garage can stay and is on 20x22 slab. Half of garage will be bonus area & other half  1 car garage. Garage also has spacious upstairs that can be utilized as a study! These areas of approx 400+ sqft add tons of value and isn't included in stated 1580 sqft! 460K ARV is VERY conservative and is sure to sell quick w/ avg DOM of just 4!

Ryan Bernhard 210-771-3039