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All Forum Posts by: Tanya Lee

Tanya Lee has started 4 posts and replied 13 times.

Post: **CLEARWATER DUPLEX** 100% OCCUPIED & TURNKEY, PROP MGMT IN PLACE

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

Yes, I own 2 duplexes and a triplex in Clearwater and they have done very well.  Tennessee also is doing very well also, from what I understand.

Post: **CLEARWATER DUPLEX** 100% OCCUPIED & TURNKEY, PROP MGMT IN PLACE

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

Great cash flowing Clearwater Duplex. Well maintained. Area is in high demand. Both sides occupied. Property management and maintenance team in place. Completely turnkey for new owner. Property has never been vacant throughout years of ownership. One side is Section 8 paying $1058 with lease through 2/18. The other side is tenant with lease through 8/18. No damage from Hurricane. Large yard with fence that divides each side for privacy. Cap rate is 8%, NOI $17,639

Clearwater area is seeing home prices rise steadily and rents are steadily rising.  This property rents have increased 18% in the past 3 years.

Post: Do you have a Buildium Account & Can Refer Me?

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

Hi,

I've decided to sign up with Buildium and was wondering if someone who already has an account could refer me. 

https://www.buildium.com/buildium-referral-2/

It would be $50 for each of us.

Thanks!

Tanya

Post: New from Washington DC

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5
Welcome to BP! I also call Reston home. Congrats on your move to DC. Hope to meet in person some day.

Post: Inkster, Michigan Immediate Cashflow Opportunity

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

@Bobby Jobs 

I'd be interested in learning more.

Thanks,

Tanya

Post: Humble pie still doesn't taste good...

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

Nice job on the videos!  Thanks for posting the projects that don't go as planned as well as the one's that do.  It's a great learning tool.

I was wondering if, in retrospect, you would say that when there's a big gap between what your wholesaler purchased it for and what you bought it for, that might be a red flag?

Post: First Wholesale Deal - Questions

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

Perfect - I'll do that.  Thanks so much for the help!

Post: First Wholesale Deal - Questions

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

Thanks! @Ross Schneider 

Would it be prudent to ask for some kind of proof of ownership?

Post: First Wholesale Deal - Questions

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

Hi All,

I'm working on my first wholesale deal. It's for a property in Baltimore. ARV is $160K and approximately $25k-35K in repairs needed. It's in the 21229 zip, Rognet Heights. The deal is for $35,500. The tax records show that the owner is Deutsch Bank National Trust. I responded to an ad on Craig's List and am negotiating with that person. How can I verify who the owner is? Could the tax records be outdated?

Any help/guidance would be great.

Thanks,

Tanya

Post: First Flip Hits Market Today in St Petersburg FL

Tanya LeePosted
  • Investor
  • Reston, VA
  • Posts 13
  • Votes 5

@Amy Davidson could you PM me the wholesaler's information? I'm looking for houses in St Pete, Clearwater, Tampa area. Thanks for your post!