Shreveport Fixer Upper - $75,000

Although this property is clean it is still in need of a full renovation to include some foundation repairs. I have two quotes for the foundation work at $9,000 and $15,000 both from local companies. Both insured quotes have warranties that are transferable.

A comparative market analysis proves an after repair value around $220,000.

Current condition of property:

• Needs a new roof
• A/C is a little older, but works great
• Furnace is older, but has been regularly serviced
• Electrical is good
• Plumbing has one issue with a leaky pipe found by the foundation repair quotes
• Foundation needs repair
• Windows are good
• Needs flooring and paint throughout
• Needs kitchen and bathroom full updates
• Needs full exterior cosmetics
• Needs removal and clean-up of back deck and yard

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Disclaimer: House is being sold as-is, and the buyer is to pay all closing costs. No representations written or oral are made concerning the properties above. Price is based on a cash or hard money offer and is net to the seller. All offers on properties require a $5,000 non-refundable earnest deposit and have an average 10-21-day close of escrow. Buyers are to do their own independent due diligence. REA Capital Partners, LLC members or employees make no guarantees concerning property condition, value, characteristics, or financial benefits. Equal Opportunity Housing.