Hey BP community,I’m a NYC-based investor (currently own in the Bronx) looking to expand into Philadelphia for stronger cash flow and long-term scaling.My goal is to build to ~$10k/month in net cash flow over the next 5–7 years by acquiring 3–4 unit properties with value-add potential and refinancing within 2–3 years.I’m not looking for turnkey retail deals — I’m specifically targeting repositioning opportunities.What I’m Looking For:• 3–4 unit properties (triplex or quad preferred)• $400k–$575k purchase range• Target 8–9% true cap rate• 15%+ cash-on-cash return• $1,400+ net monthly cash flow after stabilizationValue-Add Focus:• Add a bedroom to increase rents• Separate utilities (gas/electric)• Reduce landlord-paid heat• Finish or legalize usable basement space• Raise under-market rents• Minor cosmetic upgrades (not full gut rehab)I’m willing to self-manage initially to improve yield and learn the submarkets properly.I’m currently evaluating:• West Philly (near universities/medical)• Select Temple-adjacent blocks• Kingsessing / Southwest• Manayunk / Roxborough (if numbers justify)Would love to connect with:• Local Philly investors actively doing small multi value-add• Contractors experienced in bedroom conversions / meter separation• Property managers with strong eviction handling process• Anyone who has successfully scaled 3–4 units in PhillyI’m serious, capital ready, and looking to build relationships long-term — not just close one deal.Happy to DM and exchange numbers.Appreciate any insights from operators on the ground.CharlieDM me for my number let's connect. 

Scaling comes down to making good investments.  

At your scale, would $10k cash flow be worth the additional risk.

Investors often redeploy the tax savings into reserves or the next acquisition since preserving liquidity early on helps you scale more safely.

The stuff that actually determines whether a deal performs after the acquisition hype fades.Over the last few years, I’ve noticed a recurring theme across many properties I’ve worked with or reviewed:👉 solid deals on paper that underperform due to execution gaps at the property level.That observation led me to launch BenVas, where our focus is:Third-party multifamily management for owners who want tighter executionOperational takeovers and due diligence supportPre-acquisition and post-stabilization operational strategyPartnering with sponsors who value ops as much as the deal itselfI’m currently:Connecting with owners and sponsors who want a more hands-on operating partnerOpen to managing or supporting 50–300 unit communitiesExploring aligned partnerships where long-term performance matters more than short-term opticsGenuinely looking to network, trade insights, and connect with others who believe deals are won in operations, not just underwriting.If you’re:An owner frustrated with execution or performance driftA sponsor looking for an ops-first partnerOr someone scaling and open to collaborationI’d love to connect and learn more about what you’re working on.Drop a comment or shoot me a DM, always open to a good conversation.— Jonathan 

We manage a large number of single-family rentals and use AppFolio.

This year I’m intentionally focused on working with investors and developers in the residential space, particularly those acquiring and repositioning small multifamily properties.My background is in high end residential architecture, where I was deeply involved in day to day operations, client management, and bringing large scale custom builds from concept through construction.

Those that have larger funds/scaled may be a bit more challenging unless they get the right systems in place. 

For a small to mid size investor it’s difficult if not impossible to find quality management for SFR or small apts; once you scale to a certain size you can find quality managers.   

Location and Market strategy- use the large REITS and large city configurations.