MBXM Properties

MBXM Properties Our goal is to provide Top Quality, Safe & Affordable housing options that exceed your expectations, giving you the opportunity to plant your roots.

FINALLY CLOSED! So Yesterday we closed on this 6 Unit Apartment Building. This brings us to 23 Rental Units!We are very ...
03/04/2022

FINALLY CLOSED! So Yesterday we closed on this 6 Unit Apartment Building. This brings us to 23 Rental Units!

We are very excited to start working on this property and bringing it up to its full potential.

Huge Thank-you's to the people that made this all happen.
Kevin Yungmann for the closing and putting the seller financing loan together. (If you need a title company or real estate lawyer, this is your guy)
Joe Bird for putting the contract together and helping every step of the way. (One of, if not the best Realtor in the business)
Deck Plate Home Inspections, LLC for yet again another outstanding job! These guys are seriously the best in the business.
David Mathes with Mathes Insurance Advisors for insuring this property and all of our other properties.
Rob Myers for believing in us and continuing to help us achieve our goals with our business.
Danielle McGrath for always being here and believing we can make this all work. Couldn't do any of this without you.

It's crazy to see where we are at in just a few short years. I can't wait to see where we are in just a few more!

5th BRRRR Completed! We are so excited to Close on the Cash-Out Refinance of our 5th BRRRR today!Shout outs to Jamie Len...
09/24/2021

5th BRRRR Completed! We are so excited to Close on the Cash-Out Refinance of our 5th BRRRR today!

Shout outs to Jamie Lenes for the Refinance Loan and Kevin Yungmann for the closing and helping make this happen.

We purchased this 4-PLEX back in December 2020 for $285k.

At the time it was bringing in $3200/month.

Over the next 8 months we were able to turn over and completely renovate 3 of the 4 units. Total cost of the renovations was around $25k.

At the time of the Appraisal the new monthly rents were $5,150! And the property appraised for $450k $165k over what we paid and we only renovated 3 of the 4 units.

Today we will get 100% of are down payment, closing cost and renovation cost back.

We now own a Cash Flowing Assest with $0 of our own money left in the deal!!!

Remember, we are not special! We are just a normal couple, putting in the work necessary to be successful. We don't have a magic list of deals, we don't have unlimited budgets and cheap amazing contractors. We just know the market better than anyone and can see opportunities where others don't or won't.

You can do this too!

Decide. Commit. Take Action!

It's Official! After almost 10 months we are the proud owners of this 10 Unit Apartment Complex.We are so grateful to ha...
05/06/2021

It's Official! After almost 10 months we are the proud owners of this 10 Unit Apartment Complex.

We are so grateful to have been able to make this deal happen with this seller. Her family has been the owner of this building for over 60 years and she wanted us to carry it on to its next chapter in life.

Throughout this entire process we were in completely new and unknown waters. Figuring things out as they came and just believing we could make it happen.

This continues us on our crazy past 18 month of purchasing 18 unit.

Remember that once you DECIDE to focus on what you want, COMMIT to the vision and TAKE the necessary ACTION, amazing this happen.

04/01/2021

Real Nice Joke Mother Nature!

Before & After! Here is the first refinished bedroom at Unit 8. We had to use a coat of kilz on the entire room, walls, ...
04/01/2021

Before & After! Here is the first refinished bedroom at Unit 8.
We had to use a coat of kilz on the entire room, walls, ceilings, trim, everything. Then is was 2 coats of paint on the cielings, 2 coats of paint on the walls and 3 coats of paint on the window trim and door. We changed out the b**b light and added a ceiling fan with bright white LEDs. And finally we added LVP and shoe moulding throughout to complete the look and provide durability for years to come.

What do you guys think of the transformation?

Before & After! Here is the first refinished bedroom at Unit 8. We had to use a coat of kilz on the entire room, walls, ...
04/01/2021

Before & After! Here is the first refinished bedroom at Unit 8.
We had to use a coat of kilz on the entire room, walls, ceilings, trim, everything. Then is was 2 coats of paint on the cielings, 2 coats of paint on the walls and 3 coats of paint on the window trim and door. We changed out the b**b light and added a ceiling fan with bright white LEDs. And finally we added LVP and shoe moulding throughout to complete the look and provide durability for years to come.

What do you guys think of the transformation?

Do you know your number? How much Cash Flow do you need each month to be financially free?Every person is different, so ...
03/31/2021

Do you know your number? How much Cash Flow do you need each month to be financially free?

Every person is different, so this should be unique to you and your goals.

To some covering the mortgage payment each month is considered financially free.

To others earning enough to go out to dinner a few nights a week is financially free.

To us it's covering all expenses - mortgage - car payments - phone bills - internet bill - credit cards - insurance.

Figure out your number, set a time line and go make it happen!

Check out this handy work we saw while looking at a foreclosure yesterday for a possible Flip. Ceiling fan was mounted t...
03/30/2021

Check out this handy work we saw while looking at a foreclosure yesterday for a possible Flip.
Ceiling fan was mounted to the actual ceiling, which they decided to put a drop ceiling overtop of.

Oh the things you see when touring houses.

03/28/2021

We will be interviewing my Lender and Real Estate Agent. Asking them the important questions and things you should be looking for when searching for a Lender and Agents. As well as going over some the most common questions and misconceptions when it comes to lending and deal with an agent.

We want your help with this, so if you have anything you'd like us to ask either of them please comment your questions below and we will do our best to ask them.

Our goal eithbthis is to help more people feel comfortable taking those first few steps on there real estate journey.




This right here can change your life! Having the ability to purchase small multi-family with only 3.5% down is huge. Plu...
03/27/2021

This right here can change your life!

Having the ability to purchase small multi-family with only 3.5% down is huge. Plus you can move and do the same thing multiple times. Using this strategy you can acquire 6-12 units in 3 years!

Even if these were $500k properties your down payments would only be $17,500!

If we could start over and go back in time, this would be the way we would go 100%.

How many of you have House Hacked or considered House Hacking?

Before & After Bathroom Edition! The bathroom at Unit 8 is finally finished.This one took sometime as we discovered the ...
03/26/2021

Before & After Bathroom Edition! The bathroom at Unit 8 is finally finished.

This one took sometime as we discovered the subflooring was rotten under the toilet due to a small leak.
So we replaced the subflooring, put down a moisture barrier and added a new fl**ge for the toilet.
Installed new vinyl flooring, new vanity, new medicine cabinet, new lighting, new toilet and reglazed the shower.

All in All around a $1100 for completely refinished and updated bathroom.

Are you calculating the True Cash Flow?We see alot of other investor pages and people talking about Cash Flowing Propert...
03/25/2021

Are you calculating the True Cash Flow?
We see alot of other investor pages and people talking about Cash Flowing Properties that are not giving you the real numbers.

The True Cash Flow Number is Total Rents - All Expenses.

Not Rents - Mortgage.

This is extremely important and you need to make sure you know your numbers and analyze potential deals correctly.

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Westminster, MD
21157

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