All Forum Posts by: Michelle Smith

Absolutely beautiful!!!

Hi All!

One of my properties had a lot more damage from Beryl than what was previously thought. I am reaching the end of the mitigation phase and will need to find a contractor in the area. As you can imagine, there are so many homes needing repairs here I'd like to get a couple of different options as I am finding a lot of them booked.

Let me know if you have any recommendations!

Thanks!

https://www.har.com/tanja-vargo/agent_tvargo

Hi everyone!
I recently purchased an investment property and as I was adding the property to my BiggerPockets account there was a follow-up question that asked, "Did you work with any real estate professional (agents, lenders, etc.) that you'd recommend to others?" Here's my recommendation:

I am thrilled to recommend Tanja Vargo, who recently provided me with exceptional service in my search for an investment property. From start to finish, Tanja demonstrated remarkable expertise and dedication, making the process both efficient and rewarding.

What truly set Tanja apart was her ability to navigate challenging sellers with ease and confidence. Her deep knowledge of the market allowed me to identify properties that were not only viable but held substantial equity potential. This insight was crucial in helping me make informed decisions quickly.

Tanja was also incredibly adept at assessing the value of each property, ensuring that every investment I considered was a sound one. Her swift yet thorough approach enabled me to secure the perfect property in record time, a feat that truly highlights her commitment and skill.

If you are seeking a real estate professional who goes above and beyond, exhibits a profound understanding of property values, and can effectively manage complex negotiations, I wholeheartedly recommend Tanja Vargo. Her exceptional service and dedication will undoubtedly make your real estate journey a success.

https://www.har.com/tanja-vargo/agent_tvargo

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $225,000
Cash invested: $8,000

Bought in early 2023. Currently house-hacking - Renting out spare bedrooms. One roommate has potential to rent out whole house with her family in a couple of months.

What made you interested in investing in this type of deal?

My brother, who is also an investor, and the Bigger Pockets Podcast.

How did you find this deal and how did you negotiate it?

It was in my neighborhood so I was familiar with the area and the prices of homes coming up. I was able to talk them down.

How did you finance this deal?

FHA loan

How did you add value to the deal?

So far it's just been paint and it's made a BIG difference in the feel of the home.

What was the outcome?

Currently house-hacking and there's potential for a roommate to rent the whole house.

Lessons learned? Challenges?

House-hacking is difficult. It's hard vetting the applicants and hard to turn away a sob story. Then when you get tenants, differences in personalities clash and playing middleman is rough.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes! Tanja Vargo!
(https://www.facebook.com/tanjavargorealtor/)

She is already working with me on my next investment property. She has 10 years experience and has A LOT of contacts. She was able to set me up with a private lender that is amazing!