← 5401 Odom Ave Fort Worth, TX 76114 · Portfolio index
Odom Sale Proposal 5232025 - 5401 Odom Ave, Fort Worth, TX 76114.docx
| Property | 5401 Odom Ave Fort Worth, TX 76114 |
|---|---|
| Section | 99 - Miscellaneous |
| Category | office |
| Relative path | 99 - Miscellaneous/Odom Sale Proposal 5232025 - 5401 Odom Ave, Fort Worth, TX 76114.docx |
| Modified UTC | 2025-06-28T09:40:49+00:00 |
| Size bytes | 24104 |
| Extraction method | docx-xml-incremental |
Description
Opendoor declined to provide the DAO with a Cash Plus Offer, and stated it’s because they are restructuring their business. They have also reduced their Cash Offer range to: $415K - $468K , which would equate to between $34.94 and 39.40 per token. Once we take into account closing costs and unpaid bills, our best case is likely to be around $38 per token, and potentially as low as $32 per token. Given that our iBuyer options have turned out significantly worse than we previously expected, I prop
Extracted Content
Opendoor declined to provide the DAO with a Cash Plus Offer, and stated it’s because they are restructuring their business. They have also reduced their Cash Offer range to: $415K - $468K , which would equate to between $34.94 and 39.40 per token. Once we take into account closing costs and unpaid bills, our best case is likely to be around $38 per token, and potentially as low as $32 per token. Given that our iBuyer options have turned out significantly worse than we previously expected, I propose we list the property for sale with a Realtor . I’ve spoken to Robert Hart, owner of Hart of Texas Realty about this property, and provided him with the recent pictures and video from the dropbox . Robert mentioned that this is a very difficult property to price , and it will be difficult to sell it for much more than our cash offer. This is due to the fact that all the recent sales in the neighborhood have been smaller properties and lower price points. However, he believes that if we provide owner financing that we could sell it for as much as $550K. I have sold several of my real world properties with owner financing and believe this is a good strategy for us to pursue. I’ve often rece