All Forum Posts by: Anderson Banegas Cerrato

“Josh, I feel you on this one—it’s a tough spot to be in, but let me tell you, these situations are where the real players in this game prove their mettle. First off, it sounds like you trusted your instincts but still went ahead, which shows you’re a decision-maker. Sometimes it pays off, sometimes it doesn’t, but you’re taking action—and that’s key.

Here’s how I’d approach it based on my experience and Cardone’s principles:

1. Stay focused on the deal, not the drama. Don’t let emotions get in the way of your goal, which is to get your EM back or pivot to another opportunity.

2. Use leverage before legal. Instead of jumping straight to attorney fees, lean on your contract. Call a meeting, bring clarity, and press them on the terms you both agreed to. Contracts are power—use them.

3. Think bigger. $5k is a lot, but don’t let this one hiccup slow down your momentum for adding properties. It’s all about scale, so keep hunting for deals that align with your strategy.

If you do have to lawyer up, make it clear you’re playing the long game. Protect your capital, and keep building. This is a temporary setback, not a roadblock. Let me know how it turns out—I’m curious to see how you handle it like a pro.”

“Hey Paul, great question! Licensing can be such a maze to navigate, but getting it right is key to protecting your projects and investments. In Maryland and DC, requirements differ quite a bit from California.

Maryland’s DLLR site you mentioned is definitely a step in the right direction. You’ll want to check if your specific work falls under their home improvement contractor licensing, or if there are additional local permits required depending on the county. DC has its own set of rules—often requiring a Basic Business License with endorsements for specific trades.

Have you started any projects out there yet, or are you still planning? I’d love to hear more about what you’re working on and how you’re tackling the licensing side of things!”

“Jorge, this is pure gold—you’re laying out the exact playbook for maximizing every inch of a property’s potential. Adding units from unused spaces? That’s the kind of move that separates average investors from the pros. It’s all about creating income streams where others see nothing.

Amenities like washers, storage, and upgraded parking? Those are cash magnets that tenants love. And charging for utilities, packages, or even parking? That’s just smart, strategic thinking. Every little fee adds up to big dollars.

Rebranding is where the real magic happens. A fresh image can completely change the game. I’m curious, what’s been your most creative or successful rebranding project? Let’s connect—I’d love to swap stories and see how we can take these strategies to the next level together!”

“Jorge, you’re speaking my language here—efficiency is the game-changer, and every move counts. Water-saving initiatives? That’s just smart business. Every dollar saved in utilities is a dollar straight to the bottom line.

I love how you separate asset management from property management. That’s a Cardone-level play—treat asset management as the CEO of your investment. Focus on the big moves: security, renovations, and cutting dead weight.

Rebranding properties with a bad rep? Genius. A strong online presence and fresh marketing are how you dominate the market. Properties don’t make money; how you manage them does.

What’s your take on rebranding strategies? Ever had a property turn into a goldmine after a rebrand? Let’s connect and share some wins!”

“Jorge, you nailed it—economic occupancy over physical occupancy every time. Collections are where the game is won or lost, and without proactive management, even the prettiest property can bleed money.

I also love your take on creating incentives for property managers. Giving them skin in the game ensures they’re just as invested in success as you are. A good bonus structure can turn an average manager into an all-star.

Your point on spending time on-site resonates too—there’s nothing like being in the trenches to really understand what’s working and what’s not.

What’s been your go-to strategy for finding property managers that really excel? And how do you approach balancing asset management between third parties and in-house? Always looking to sharpen my process!”

Great question, Daniel! It really depends on market demand and location. Multifamily projects often yield higher per-square-foot returns due to economies of scale and consistent demand for rental units in urban areas. Residential subdivisions, while potentially less complex, can be hit-or-miss depending on local housing trends and the cost of infrastructure development.

Have you worked on any entitlements yet, or are you exploring both options? I’m also diving into multifamily and would love to compare notes or explore how we can navigate these opportunities together!”

“MHey Vidit, congratulations on taking the leap and starting your small business—huge first step! I’m not a tax expert, but one thing I’ve learned is to maximize deductions where you can. Things like your car (if used for business) and home office expenses could be game-changers, especially in your first year.

Also, setting up an S-Corp could potentially save you on self-employment taxes, but I’d suggest chatting with a CPA to weigh the pros and cons based on your income.

What kind of business are you starting? Always excited to connect with others building something from the ground up!

Hey BP Community,

I’m currently working on a solid multifamily opportunity in a strong, high-demand market. It’s a 17-unit value-add property with modern updates and room to increase cash flow and equity. What makes this deal even more exciting is the potential for creative financing options.

This is my first multifamily project, but I’m committed to making it happen. I’m looking to connect with like-minded investors who are passionate about scaling in real estate. Whether it’s sharing insights, exploring partnerships, or discussing strategies, let’s connect and see how we can build something incredible together!

Feel free to reach out if this resonates with you—I’d love to learn and collaborate.

I’m Anderson Banegas, an HVAC technician and business owner from California, but my passion for real estate is what’s driving me to the next chapter of my life. I grew up overcoming challenges that taught me resilience, and now I’m channeling that energy into building a real estate portfolio that creates wealth for my family and freedom to live life on my terms.

Right now, I’m focused on breaking into multifamily deals (16+ units) and using creative financing to make things happen, even with limited resources. I’m not just looking for opportunities—I’m looking for partners who are ready to think big and execute.

Let’s connect, share experiences, and maybe even collaborate. Real estate is all about relationships, and I’d love to hear your story and your advice for someone who’s all in on growth!

Hey BP Community,

I’m working on an exciting multifamily investment opportunity in Midtown Sacramento, one of the most sought-after neighborhoods in the city. This deal combines prime location, strong rental demand, and value-add potential—plus, there’s seller financing on the table!

Here’s what I can share:

• Property Type: Multifamily

• Location: Midtown Sacramento, a vibrant area within walking distance to cafes, shops, and more.

• Potential: Recently renovated with consistent cash flow when fully leased.

I’m looking for a partner to help execute on this deal and bring it to its full potential. If you’re experienced in multifamily investing or interested in collaborating on a win-win opportunity, let’s connect!

Send me a DM, and we can discuss how to move forward—serious inquiries only.

Let’s make something great happen,

Alex Banegas