All Forum Posts by: Satch Bernhardt

Hey there, I'm a former airline pilot, flew for ExpressJet since 2013 until they shut us down. Over 5,000 hours. I have been in Real Estate since 2018. Focus is on buying multifamily apartment complexes and I'm looking to connect with other pilots! 

I'm looking to answer any questions for passive investors today! ask me anything!

Parallel markets is free, we have used that one before. 

You might be able to call a local commercial real estate broker and get your answer really fast!

I see many people here already offering good advice. 

Get an excel/Google sheet from someone that's currently using it to underwrite commercial deals. Joe Fairless has one as well in his website. https://www.bestevercre.com/ac...

Great block home ready for tenants. New roof 2015, new A/C 2014 and new septic system installed last December. Ready for you to do a little clean up and touch up paint and start earning that cash flow. I estimate a gross ROI 10%

Hi everyone, I want to transition to making cold calling my main lead generating method. So far I have a VA and I making phone calls Monday through Saturday between 9am-1pm reaching from 300-350 people appprox. I have gotten 1 deal in the past 2 months. I want to know what your numbers are for cold calling to see if I’m on the right track. I wonder if it is the volume of my calls that I need to increase drastically ???? Any help is appreciated! Satch

Price $119K

Repairs $35K

ARV $200K

A lot of potential in this solid block home. It has an enclosed porch with a fireplace that is under air which adds the extra 595 sq. ft. to the original floor plan of 1,620 sq. ft.

This property will need a full rehab. There is a house just down the street with 300 less sq. ft. and outdated like this one, they added a new roof and paint and sold it for $177K. With a job well done it should be no problem getting that ARV. Property is on city water and sewer. It also has a well for the yard and a big 2 car garage.

I have it under contract. Let me know if you would like to see pictures. This is my phone number 407-708-8253

ARV $220K

Rental repairs: $3K 

Flip repairs: $30K

Price $145K

Solid well-maintained block home in a nice area of Palm Bay. Could be a Buy & Hold by putting about $3K into it and charging +$1,400/mo in rent or simply flip it to make a nice profit. 

For a flip it needs is a New roof, A/C, paint and update the kitchen and 1 bathroom.