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All Forum Posts by: Anderson Banegas Cerrato

Anderson Banegas Cerrato has started 9 posts and replied 76 times.

Sharon, thanks for sharing these stats—Houston is clearly holding strong! The rebound in single-family home sales is impressive, but what really catches my eye is the inventory growth and the trends in townhomes and condos.

For me, it’s all about scaling, so multifamily properties are where my focus stays. With inventory expanding, it feels like there could be opportunities to secure deals, especially if the right cash flow potential is there.

What’s your take on the market heading into 2025? Are you working on any projects or targeting anything specific? Would love to hear about what you’re seeing on the ground!

Hey Charlie, great to see you diving into real estate at 23—that’s an awesome start! House hacking is such a smart way to build wealth, and the Hudson Valley is a great area with a lot of potential.

Have you thought about looking at 3-4 unit properties instead of sticking to smaller duplexes? More units mean more cash flow, and it might give you better options to make the numbers work. Sometimes, those deals get overlooked because people assume they’re harder to manage, but with a good plan, they can be way more profitable.

For finding deals, have you tried connecting with local investors or attending meetups in the area? Networking can be a game-changer, especially for off-market opportunities. I’d also recommend finding an agent who really understands house hacking and rental markets—they can make a big difference in finding properties that fit your goals.

Keep at it, and don’t settle for something that doesn’t work financially. You’re on the right track—excited to see what you find! Let’s stay connected—I’d love to hear more about your journey!

Great post, Desiree! Staging is such a game-changer when it comes to selling homes—it really helps buyers see the potential of the space. I like how you broke down the options and emphasized working with an agent to find the right balance between budget and impact.

Do you find that certain types of homes or markets benefit more from full-service staging? Would love to hear your insights!

Post: Hi BP Community,

Anderson Banegas Cerrato#5 Multi-Family and Apartment Investing ContributorPosted
  • Investor
  • California
  • Posts 82
  • Votes 31

@Kent Kettell 

Thanks, Kent! Happy to be here and looking forward to connecting with everyone. What’s your focus in real estate?

Post: Hi BP Community,

Anderson Banegas Cerrato#5 Multi-Family and Apartment Investing ContributorPosted
  • Investor
  • California
  • Posts 82
  • Votes 31

@Michael Smythe 

Thanks, Michael! My investment horizon is around 3–5 years too, so it’s helpful to hear that aligns with repositioning timelines in Metro Detroit. I appreciate the tips on verifying income and rental history—definitely sounds like it takes some detective work to weed out bad tenants!

Using PRD and cross-referencing public records is smart, especially with LLCs. The Whitepages idea is clever too—seems like a good way to avoid being misled. Thanks for sharing these insights! How do you typically decide which properties are worth repositioning in that market?

Post: Investing in MultiFamily

Anderson Banegas Cerrato#5 Multi-Family and Apartment Investing ContributorPosted
  • Investor
  • California
  • Posts 82
  • Votes 31

Tayvion, multifamily is a great way to diversify! For analyzing deals, I’d focus on metrics like cap rate, cash-on-cash return, and NOI. Tools like BiggerPockets calculators can help simplify the numbers.

Biggest lesson? Don’t underestimate property management—it can make or break your investment. Also, for 5+ units, get familiar with commercial loan terms early—they’re different but offer great potential.

Good luck on your journey—feel free to reach out if you want to dive deeper!

Karin, that’s a tough situation—sorry to hear you’re dealing with this. First, it might be worth consulting a real estate attorney to explore your options. If the property was misrepresented, you might have a case against the seller or their agent, especially since it was marketed as a triplex.

In the meantime, check with the city’s planning or zoning department to see if there’s any way to bring the property into compliance as a legal triplex or duplex. Sometimes, properties rented out for years as multifamily can qualify for a variance or grandfathering, depending on local laws.

Lastly, talk to your realtor about the misrepresentation. They should help advocate for you and might even be able to assist in resolving this with the listing agent.

Hang in there—I hope you can find a solution that works! Let me know if you want to brainstorm further.

Post: what happens to 500k

Anderson Banegas Cerrato#5 Multi-Family and Apartment Investing ContributorPosted
  • Investor
  • California
  • Posts 82
  • Votes 31

Hi Allen, that’s an exciting position to be in—$500k gives you a lot of options!

If you’re looking to make your money work harder, real estate can be a great way to go, especially with your solid 800 credit score. A turnkey multifamily property could give you steady cash flow and potential appreciation over time. Plus, real estate often has tax advantages that stocks don’t offer.

The S&P 500 is great for long-term growth, but real estate lets you leverage your money by borrowing and putting it to work in multiple ways. It really depends on your goals—do you want steady cash flow now, or are you okay waiting for growth over time?

And I totally get what you’re saying about finance people—they can make things feel so complicated! In real estate, it’s more straightforward: find a good deal, manage it well, and you can make it work for you.

Hope this helps, and happy to talk more if you want to explore it!

Post: Hi BP Community,

Anderson Banegas Cerrato#5 Multi-Family and Apartment Investing ContributorPosted
  • Investor
  • California
  • Posts 82
  • Votes 31

@Noah Laker 

You caught me, I use AI to help me organize my thoughts sometimes, It’s just easier with everything I’m balancing right now.

I really appreciate your advice on property management. Learning landlord-tenant rules, inspections, and maintenance sounds like such a great foundation. How did you first get started in it?

@Elijah Berg 

Elijah, that’s incredible—you’re crushing it at 20! Using a HELOC from your house hack to fund your BRRRR is such a smart move, and it’s inspiring to see you already building momentum for your real estate empire.

I love the mindset you had going into your first deal—pushing through those nerves and staying focused on the bigger picture. Out of curiosity, what was the biggest lesson you learned from that first duplex purchase? And how are you planning to scale from here to hit those 40 properties?

Keep killing it—I can’t wait to see what you accomplish next! Let’s stay connected.