Denon Williams & Terry Warren 2

 

  • Profit Strategy: Buy and hold, plan to reinvest in 12 months.
  • Number of Units: 12
  • Amount Earned: $3,500 a month
  • Personal Money Invested: $0
  • Prior Experience: None. This is their third deal.

IMG_0121 Denon Williams #3 Winston-Salem

 

Interview 1 of 3:

Interview 2 of 3:

Interview 3 of 3:

Dale Steinman & Anil Silkri 3

  • Profit Strategy: Leverage 30 unit property to purchase a bigger company and collect cash flow on 44 unit property.
  • Number of Units: Property 1: 30 units, Property 2: 44 units
  • Amount Earned: Should be close to doubling their money on the 44 unit.
  • Personal Money Invested: None
  • Prior Experience: Neither had apartment experience; Dale had some single family rental house experience

 

Anil Sikri Dale Steinman (5)

Randy Larson

  • Profit Strategy: Owner financing and cash – Peas in a Pod. Intends to buy and hold for a few years.
  • Number of Units: Approximately twenty 2-3 unit small apartments
  • Prior Experience: Flipped single family homes for about 2.5 years.

Henry Serrano 2

  • Profit Strategy: Wholesale.
  • Number of Units: 3
  • Amount Earned: $10,500
  • Personal Money Invested: None.
  • Prior Experience: Some background with single family, not commercial.  This was his second apartment deal.

Jon Perry 2

  • Profit Strategy: Originally, they were going to rehab and flip the property but due to unforeseen obstacles, they modified their strategy and sold it to a developer, did a wrap-around mortgage and made $50,000.
  • Number of Units:42
  • Amount Earned: $50,000
  • Personal Money Invested: $10,000
  • Prior Experience: Had been actively involved in real estate for 10 years, using the buy and hold strategy in Pittsburgh, PA until he had to readjust his strategy around 2008.

Dale Steinman & Anil Silkri 2

  • Profit Strategy: They intended to wholesale but because it was a short sale, they didn’t have enough time to find buyers. Now, they are re-positioning it to increase value and plan to go back to that buyers list.
  • Number of Units: 44
  • Amount Earned: Expect about $180K net profit when sold about 9 months later.
  • Prior Experience: Neither had apartment experience; Dale had some single family rental house experience
  • Personal Money Invested: None. They found a private investor to put 30% down payment.

 

Ernie and Rowen Enriquez 1

  • Profit Strategy: “Whole-tail” – rehab and sell at retail price to buy and hold investors, or buy and hold.
  • Number of Units: 4 units – 1 triplex and 1 single family home
  • Amount Earned: Purchased for $110,000 with market value of $168,000.
  • Prior Experience: Single family home rentals.

Ernie Enriquez - SFH #1

Ernie Enriquez - Triplex #1