Alfred Perez
Owner & Investor
Alfred Perez grew up in Southern California and moved out to Crown Point, IN in 2003.
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Alfred Perez has a strong work ethic, a drive to succeed, and a passion for improving the communities in NWI- one house at a time.
In 2011, Alfred Perez founded Preferred Homes, starting off by buying, fixing, and selling distressed properties. He has grown to be the largest residential redevelopment company in Northwestern Indiana. In 2021, Preferred Homes completed and sold 131 single-family redevelopment projects grossing over $20M in revenue. In the last 3 years alone Preferred Homes has redeveloped and sold over 300 residential single-family homes.
In 2021, Alfred Perez broke into the multifamily space in Northwestern Indiana. Alfred Perez began by purchasing 4 apartment buildings (109 units) in 2021. These apartments all had low rents, outdated units, and were mismanaged. At the time of purchase of these apartments, there were 11 vacant units, many open service tickets, and outdated units. Since purchase, he has fully rented out the units, increased rents, and remodeled 8 units to increase cash flow and property value. The cash flow now on the 4 apartment buildings purchased in 2021 is over $250,000 in passive net profit. In 2022, Alfred Perez acquired over 500 apartment units and now in 2023 he has over 1,000 apartment units in Northwest Indiana.