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All Forum Posts by: Steve Tetreault

Steve Tetreault has started 24 posts and replied 46 times.

Post: 12 Year track record delivering consistent cash flow

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

Hello, 

My name is Steve Tetreault & my company, Truly Divine Real Estate Solution's LLC is looking for direct sellers of PN's & NPN's. We're also looking for direct connections to note sellers as well. I've already got 2 decent connections for notes but would feel a little more comfortable if I had a few more people's inventory to choose from. I'm looking for both commercial & residential notes & note buyers.

  Please feel free to call (not text) me at the number listed below in my signature 7 days a week.  I'm always available to speak about real estate.  I'm in a wheelchair & don't always get a chance to get onto biggerpockets as often as I'd like, but do always welcome a good phone call.  I look forward to speaking with you.

Post: I'm in NEED of off-market single tenant NNN assets for a client!!

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

CAP floor is low 6's on long-term investment grade credit. It goes up from there. Rent increases will help price significantly.

Below is a list of tenants I'd like to secure for a very important within the next three weeks and close in Q2. 

  • Tractor Supply (1-5 Yrs)
  • AutoZone (1-5 Yrs)
  • Home Depot
  • CarMax
  • Big Lots
  • Burlington
  • Regal
  • Cinemark
  • Hobby Lobby
  • TJX Companies Credit
  • Bed Bath & Beyond Credit
  • Ross Dress for Less
  • Dave & Busters
  • Kroger
  • Stop & Shop
  • Whole Foods
  • Albertsons

PLEASE CALL (NO SMS) STEVE TETREAULT AT 443-692-7115 ASAP IF YOU ARE THE SELLER OR ARE DIRECT TO THE SELLER, MY BUYER CAN CLOSE QUICKLY!

Post: 15% annual with equity for Investors

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

Hey @Bret Lamprey , I sent you a colleague request.  I've got lots of commercial property in CA & buyers too.  Feel free to contact me anytime!

Post: Looking for self storage software for a small operator 33 units

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

Hi @Andy N.@Michael Wagner, & @Vlad Kolbas   I'm a nationwide wholesale investor of both commercial & residential properties.  From time to time I come across ss units, but none of my buyers are interested in purchasing them.  Any ideas of how to find buyers when I get the units?  I may have an opportunity to get my hands on some soon, but don't wanna take them if I can't move them again!  I don't know what to do, PLEASE advise!  

I've tried listing them on here, but have had no luck...Someday, I'd like to buy some of my own, but that's not exactly in my 5-year plan at the moment.

Thanks in advance..

Post: NewtoBP- Own in DC/Tri-Cities TN goal $25K in R.E. income by '18

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

@Matt Wassum

  Your portfolio is very impressive considering you've self-educated yourself!  I'm a nationwide investor of both commercial & residential properties.  My companies main strategy is wholesaling, but we do buy n' holds in the DMV mostly & turn them into assisted living & drug rehab centers.  Our company & my business partner is based out of Upper Marlboro MD & that is where most of our buy n' holds are.

I always enjoy chatting with fellow REI's & would love to talk shop with you sometime! I'm going to send you a colleague request with my contact info. As far analyzing deals, I'd be happy to share a few pointers! If I were you, I'd venture into assisted living as you can get $700 per room which certainly beats $700-$950 per apartment! I'd be happy to explain how to break into the biz!

  Anyway, I have to run, hope to hear from you friend & keep on the path that you're on!

God Bless,

Post: Newbie Just getting my feet wet

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

@Kenyo Henry

Good, I think we'll definitely be able to help you.  Looking forward to hearing from you, you can call me anytime.  

Steve Tetreault

Post: Newbie Just getting my feet wet

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

@Kenyo Henry

Welcome to Bp my friend!  My company is in the DMV, not too far from you!  I sent you a colleague request with my contact info, give me a call I always make time for investors in my area!  

God Bless

Steve

Post: Is it a good idea to buy my first property out of state ?

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

@Vincent B.

Hi,  

First of all, I notice you're from LA, where properties are extremely high, so I can see why you're looking outside your market!  In my company, we do nationwide wholesaling of both commercial & residential properties.  How we do this is we find other wholesalers from each "hot" markets, & offer them a 50/50 split, provided we bring the buyer.  As far as advice, before you buy out of state, make sure you run some ads on craigslist, backpage, biggerpockets & social media for bird dogs.  If you google bird dog applications & software, you'll be able to find contracts plus a software program that will track the progress of your people to make sure they're doing their jobs.

I'm running late for a meeting, but if you'd like some more tips, call me at the number below in my footer...I'm always willing to help my fellow BP buddies!

Good luck,

Steve

Post: 4 bed, 2 bath in Punta Gorda Easy fix n flip Only $20K in repairs

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

Almost forgot, ARV is: $244K!

Post: 4 bed, 2 bath in Punta Gorda Easy fix n flip Only $20K in repairs

Steve TetreaultPosted
  • Investor
  • Upper Marlboro, MD
  • Posts 52
  • Votes 18

Great fix n flip or even better buy n hold opportunity!

This is an REO I bid on off hubzu.com & will require an EMD of $5,500.

This house is in amazing condition, needs some interior paint & update the kitchen countertops less than $20K in repairs!

Please call Steve Tetreault day or night at 443-692-7115 for more information about this house & the lock box code!  I will also provide a link to the biggerpockets report below!

       https://www.biggerpockets.com/calculators/shared/646539/5bb60304-bcf1-4630-b267-26b142208242    

Stucco Ranch with an attached 2 car garage. The home is sitting on a sizable lot measuring about a quarter of an acre. The screened back patio is great for year around use. The open floor plan features high vaulted ceilings, wall to wall carpet.

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