Takeflyte Properties

We’re very excited about all the progress being made at our latest acquisition in Arlington. We started with the 4 burned units - demo, framing, and now roofing. We also just had one of the functional units open up, so we should get started on turning those units too!! Special thanks to Tristan Pham and his team for rockstar ex*****on so far!!! Michael Terkel Jake & Gino

We're excited that the rehab on our latest acquisition is officially done!! We acquired this 8-unit in an off-market transaction last year at an amazing price point. We planned an extensive rehab for the asset on the exterior & interior. For the exterior, we replaced the roof and exterior fence, and installed patios in the rear of the first-floor units. We also painted the brick, stairs, trim, and exterior doors. On the interior, we installed new floors, countertops, lighting, vanities, toilets, sinks, and faucets. We painted the walls and cabinets, and installed new appliances. It was a $210K rehab project and worth every penny!

To date, we have raised rents more than 50% over what the tenants were paying and the best part is that 6 (possibly 7) of the original tenants have stayed with us!!

Super grateful for Allison Dibrell and Blue Atlas Property Mgmt for helping us along the way. Also want to extend an enormous thank you to Daniel Flores & DF Painting for getting the project done on time and on budget. There was no BS about sick crews, supply chain shortages, ridiculous change orders, miscommunication on timelines, etc. We needed someone that could execute on our plan and they did. Thank you so much Daniel!!

We're primed and ready for more deals. We gladly pay referral fees and broker commissions on deals across the metroplex. We're not concerned about interest rates, the economy, blah, blah, blah. If your deal makes sense, we're hungry to buy!!

Thrilled, humbled, flattered. These are just a few words that describe how we feel to be featured on the Jake & Gino podcast this week! We have been in business for nearly 5 years and 2021 was a big year for us in both volume and development. We joined the Jake & Gino community in May 2021 and couldn't be happier. We've learned so much from so many great people, quickly applied our learnings to our business, and have picked up some serious momentum. 2022 will be even bigger for us, no doubt! If you would like to hear a story about how we came together, manage a growing RE business while managing demanding W2 jobs and being active fathers, and stories about how we have grown our business, and some key lessons, please take 30 mins to check out our discussion with Josh & the G-dad!

We would like to thank Joshua, Gino, and Jake for inviting us on the show and for the amazing community you've created. Also want to thank our coaches Bill Ham & Nick Ameluxen, Culby Culbertson & Terrydale Capital, Phyllis, Steavy Pruitt,, Christopher Wallace, and all our partners, investors, and associates. Keep an eye on us in 2022!!

Make It Happen W/ Matt Buchalski and Mike Terkel | Jake & Gino On this episode, Jake and Gino interview Matt Buchalski and Mike Terkel. Matt and Mike are co-founders of TakeFlyte Properties, which acquires and manages, value-add single and multi-family properties. They joined the Jake & Gino in May 2021. They recently closed the second acquisition in 100 days a...