Bought 10 doors in partnerships

Atlanta, Georgia
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Bought 10 doors in partnerships

Guillermo NadalPro Member
Flipper/Rehabber · Marietta, GA · Member since 2018 · 108 posts · 77 votes

😁July was a good month for me. I close in 10 doors with 2 partners. One partnership we bought 1 quadruplex and 1 duplex in the city of Columbus GA. All in investment is 485k with purchase price and rehabs. Rent forecast is $5900.00. The other partnership are 4 houses in the city of Warner Robins. I got an owner financing deal and we buy the 4 properties with 60k down with only interest payments for 7 years with a balloon. Properties are rented right now. Our payment is 50% amount of what we are receiving in rent. We will rehab each house once are empty to increase rents. 

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  • Russell Cabus
    Atlanta, GA · Member since 2026 · 24 posts · 4 votes
    1mo
    Quote from @Guillermo Nadal:

    😁July was a good month for me. I close in 10 doors with 2 partners. One partnership we bought 1 quadruplex and 1 duplex in the city of Columbus GA. All in investment is 485k with purchase price and rehabs. Rent forecast is $5900.00. The other partnership are 4 houses in the city of Warner Robins. I got an owner financing deal and we buy the 4 properties with 60k down with only interest payments for 7 years with a balloon. Properties are rented right now. Our payment is 50% amount of what we are receiving in rent. We will rehab each house once are empty to increase rents. 


    That’s an impressive month—congratulations! Closing on 10 doors is a big achievement, but the way you structured these deals is what really stands out. Securing owner financing, maintaining immediate cash flow, and planning renovations around tenant turnover shows real experience and patience. You clearly understand how to make each deal work beyond just the purchase price. Well done!




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  • Renard BrownPro Member
    Austin, TX · Member since 2026 · 29 posts · 3 votes
    1mo

    That’s an impressive month—congratulations! Closing on 10 doors is a major achievement, but the way you structured these deals is what really stands out to us at Blackstone Ridge Capital. Securing creative owner financing, maintaining immediate cash flow, and timing renovations around tenant turnover shows true market mastery. You clearly know how to maximize value far beyond the purchase price.

    If you're looking to scale that momentum into your next round of acquisitions, Blackstone Ridge Capital provides fast bridge financing, DSCR loans, and co-GP equity solutions designed to support elite operators.


    Let's connect on your next deal.

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  • Ashish AcharyaBusiness Member
    CPA, CFP®, PFS · FL · Member since 2017 · 5k+ posts · 3k+ votes
    1mo

    Guillermo, 10 doors across two partnerships in one month is a big jump in scale, especially with a mix of seller financing, value-add work, and occupied rentals.

    The seller-financed Warner Robins deal is the one I’d watch closely from a tax and partnership standpoint. With 50% equity and interest-only payments for 7 years, make sure the operating agreement is very clear on ownership percentages, cash distributions, capital contributions, decision-making, rehab responsibilities, and what happens if one partner wants out or more money is needed.

    Since these are rentals, I’d also evaluate cost segregation once the properties are placed in service or after the rehab work is completed. With 10 doors, there may be meaningful accelerated depreciation available across appliances, flooring, land improvements, and other shorter-life components. The important part is that the tax benefit may not be the same for each partner. Basis, at-risk limitations, passive-loss rules, and each partner’s individual tax situation can affect how useful those deductions actually are.

    Because you’re planning to rehab units as they turn over, keep those costs separated by property and component. That can also help with partial disposition if you’re replacing existing roofs, HVAC systems, flooring, or other depreciable components.

    The deal structure can be great, but I’d make sure the partnership economics and tax allocations are just as well planned as the acquisition itself.

    Happy to connect!

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