All Forum Posts by: Victor Hernandez

Thank you I do agree with that also. Id rather know I have someone there. Now to follow that up do I charge another Pet Deposit for the new year?

Hello BP!

So I'm currently in a duplex doing a house hack. My tenants have been amazing no issues and they always pay on time or early. However they are coming up on the end of the lease in about 2 months. Rents in my area have gone up but not by much. So my question is do I offer them a renewal without raising rents? ( my thought on this is to keep them because I know what kind of tenants they are while keeping them happy) or Raise rents but puts be at risk of losing these great tenants?

To give more content the side I'm currently in I've been renovating ( brand new everything) and once I finish in about 2-3 Months will be for rent for about $400 more than what they are paying now. 

Thank you for any advice or help in advance 

Thanks BiggerPockets!

Hey Alex! thank you for your service! and congrats on working on your NC Broker license. Id love to help you get started on your investing goals. Are you you looking on joining a real estate firm soon? Where are you located? in Raleigh?

Hey Randee id recommend North Carolina. Its growing rapidly and we have a lot to offer here in NC. I'm currently looking to jump into my next deal also. I am a Real Estate Broker as well. What is your price range? Id be more then happy to help you find a deal and help get everything started .

Hello Biggerpockets!

          My name Is Victor Hernandez I am a new Agent with Keller Williams Platinum located in Garner, NC. I do work in surrounding areas also Raleigh, Cary, Garner, Knightdale, Smithfield, and much further Jacksonville , Surf City, Topsail. I'm new to selling real estate but I've been investing in real estate for about 3+ Years now and want to continue building my portfolio. 

 With that being said I'm currently looking for anyone who is interested in listing or buying a property. I'm a well rounded individual and will do everything in my power to help you get what you want. Don't hesitate to take action and reach out to me by commenting on this post or by sending me a direct message.

Thank you BP

Victor Hernandez

Hello Biggerpockets!

I recently passed my real estate exam in North Carolina! I also signed up for my 301, 302, 303 classes already to become a Full Broker. With that being said I'm hoping to find a firm with a great BIC/ Mentor to guide me in the right direction. There are so many options out there when it comes to joining a firm and online you can't get a real feel of what to expect. So anyone in the the Raleigh area or even further out feel free to message me and we can connect to chat about it! Thanks have a great day !

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $224,900
Cash invested: $15,000

House Hack / live in renovation. One side is producing significant rent while on the other side I'm living in is basically rent free.
Once renovations are complete estimated to cash flow $1400-$1800/month

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

To lower my own personal living expenses.

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

I found the deal using Zillow.

How did you finance this deal?

I used an FHA loan with Gift money for the down payment

How did you add value to the deal?

One unit was complete while the other side needed everything replaced and fixed.