House Savvy – August 2020

A “SAVVY REMODEL IDEA HOME” BRINGS UNIQUE BUSINESSES AND IDEAS TOGETHER

It’s through NetWorth Realty that Steve Smirnis and his son, Nick, came to purchase this investment property in Preston Highlands, located just east of Preston off of Frankford Road in North Dallas.


AFTER

NetWorth Realty locates and buys off-market opportunities with potential and makes its money off of the real estate sale.  They send out emails to their network of investors showing a property they’ve acquired and its non-negotiable sales price which includes their real estate commission, the estimated of costs for the recommended work in order to unlock each property’s potential (including bids from NetWorth’s licensed third party contractors), and rent and sales comps for non-distressed similar property types in the area. You’re not obligated to make the repairs, use NetWorth’s contractors or finance a property you buy through their lending partner offering loan products customized for rehabilitation of distressed real estate.   But market expertise, and fair and accurate estimates, build trust and repeat business for NetWorth and for their preferred contractors and lenders.  It’s a win-win for all parties.  

BEFORE

The property depicted here needed minor foundation repair, repairs to window seals, and cosmetic improvements.  We also chose to open up and completely update the kitchen and gain 50 square feet turning a storage room in the garage into interior space adjoining the laundry room.  The Savvy team decided to use the foundation repair specialist that provided NetWorth with their bid and to hire Vlagari Renovations, who had estimated the cosmetic repairs.  

“Thanks to NetWorth Realty and Vlagari Renovations, our latest Savvy Remodel project, which we sold quickly after listing it, was both enjoyable and a worthwhile investment,” commented Steve Smirnis

Click here to download & read the full feature story that appeared in Building Savvy magazine, Dallas-Fort Worth’s homebuilding home remodeling industry magazine published by the Smirnis team who also publishes your monthly Estate Life. And remember, if you ever have any question regarding anything home construction or remodeling, we are your Connection Concierge.  Email [email protected]

If you have an interest in real estate investing, please join us for a webinar, featuring Lauren Albers-Klotz of NetWorth Realty Dallas Email [email protected] for a registration link.

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