All Forum Posts by: Alfonso Hernandez

Hello everyone,

Just wanted to see if anyone on here had any gold nuggets/ideas on how you can avoid from someone breaking in and either stealing your items or damaging your property.  I just went to go check on my lease and noticed someone broke in and stole the new gas range and tried to steel the water heater as well.  Luckily all they took off with was the range.  Im thinking of either adding a security system and just passing that on to the new tenants or adding a job site camera that can tell me if someone is on site.  Any ideas on what you all would do or suggest.  We know there will always be those who will break in and steal what's not there's but if I can make it a little harder on them I will.  I did disconnect and added a lock to the garage door that I will remove once its rented, that way they have to go through the front door where its more visible. 

Thank you,

Alfonso Hernandez

HDZ 1 Holdings 

Hello BP Community,

Looking forward to meet and build new business relationships here.  I currently have a few rental properties that I have rented out long term but now looking into marketing for mid term rentals.  I also own a plumbing and a construction company, so if you have any questions please fill to ask.  I am here to help anyone that needs some assistance or could use my experience. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $40,000
Cash invested: $45,000

2 bed, 2 bath brick home. Located in Mesquite right behind the Mesquite Rodeo.

What made you interested in investing in this type of deal?

It was a great deal to start investing. I had no money so I had to get creative to make the deal.

How did you find this deal and how did you negotiate it?

Found it by word of mouth, we negotiated the the deal with a cash offer.

How did you finance this deal?

Borrowed the money

How did you add value to the deal?

We did a full rehab, new paint, flooring, cabinets, countertops, fixtures and appliances.

What was the outcome?

I was able to raise the rents and get better tenants

Lessons learned? Challenges?

It’s important to use the right trades, my biggest challenge was to find the capital to be able to do the repairs.

I've been a member for a while but never really logged in.  Im more active now and will keep my eye on future meet ups, would love the chance to meetup.

I've been a member for a while but never really logged in.  Im more active now and will keep my eye on future meet ups, would love the chance to meetup.