How to Get an Awesome Rehab Done

I've been doing business in San Antonio for quite a while, I've written articles about how important a good team is to in your success as an investor, and as a company seen over 300 rehabs in the two or so years that we've been operating in San Antonio from start to finish.  Today I'm here to show you what an awesome contractor can do for you and give you an idea of some numbers.  Jim McAuliff has been a good friend of mine for the last two years and does excellent work on rehabs, and for some of the best prices in town.  This was a project that he completed.  16930 Turkey Point, San Antonio, TX 78232 was a property that my partner Saad Khan and I sold to an investor in New York, NY.

Compare the before and after pictures of this house!

This house sold in 38 days to a cash buyer for exactly $248,000.  During the course of the rehab she wound up putting slightly more into the project than we had projected.  Her reasoning behind this was to create such an amazing aesthetic appeal that it wouldn't sit on the market for the projected 60-90 days.

8plex - Cash Flow Monster

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·         Location! This is right next to Port San Antonio, if you’re not familiar with it do some research. Master mix used development that employs over 13,000 people and employees include Boeing, Lockheed Martin, Standard Aero, Pratt & Whitney, Gore Design Completions and Chromalloy.  http://www.portsanantonio.us/

·         Over $37,000 in Gross Potential Profit annually! If paid with cash my numbers are working out to 15% annual return  and $200 per door which the standard is $100 per door

·         Simply lay out nothing crazy 4 downstairs 4 upstairs

·         2 long term tenants that pay on time and aren’t looking to move out anytime soon

·         No structural issues, individually metered with common water.

Contact Ryan Harthan at 210-710-1617 for more information!

UTSA Presentation and Hard Money

My first trip back to UTSA Real Estate Finance and Development!

Well to all the Roadrunners out there in the REFD program I hope this can be some help for your project.  There's tons of other great material on this site such as hard money calculators, deals to work from, analysis of sub markets in San Antonio, success stories from some of our clients, etc.  This is the Prezi I used in class if you wanted to refer back to it.  As well, you can access my Real Estate Development final project on my alternate site here.  

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.

         

GREAT Garland Cash flow Property

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Great cash-flow rental in Garland.  This brick built 3/2 has a converted garage.  The property needs carpet installed and a thorough cleaning to get ready for the rental market.  Strong rental comps range between $975 to $1025.

JD Castillo
214-650-5493



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Dallas High End Flip

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Kenilworth Estates!! This super clean cottage style 4/2.1 house sits on a 1/4 acre corner lot with private driveway access in the rear. The city is currently doing a lot of street, sidewalk, and driveway renewal creating more value and better curb appeal for the area. Repairs consist of minor foundation and simple cosmetic updating. The garage is currently converted and can either be reconverted or kept as-is(since $/sf is so valuable here). New roof and HVAC. Great access to 35E & 635.

for more information on this or other deals, please call

JD CASTILLO

214-650-5493

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