I am an attorney turned real state investor. I was a prosecutor for about 10 years then I moved into Civil litigation. My husband and i started a construction company about 10 years ago that focuses on walkway repair for affordable housing across the country.
Address: 2900 South FWY, Fort Worth, TX. 76104. Morningside Apartments
Number of Units: 123.
Value Add Deal? Yes
Purchase Price: $11,250,000
Estimated monthly increase projected? $67 for one bedroom and $80 for a 2 bedroom.
Anticipated value after value add: $16,414,440
Estimated Cash on Cash Return: 6.35%
Estimated Internal Rate of Return: 20.95%
This program has exceeded my expectations. I have loved every minute and every person that I have meet.
Through another warrior.
Syndication.
Through friends and family as it was my first raise.
$3,999,375
We had to move the closing to get the raise.
I learned a couple of good lessons. First, I realized that getting the actual money that an investor committed to investing can be challenging. Not every investor is in a hurry to get the money wired or transferred and self directed IRA’s take some time to get completed. Second I learned a lot about what qualities make good general partners for me.
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in Rod’s training and coaching. The participants shown are not paid for their stories.
If you hold interest in multifamily property investing, then we have numerous multi-family real estate investing courses for you under which we offer the best multifamily investing coaching. All you need to do is to enroll yourself in one or more programs and we will provide the best apartment investing coaching as we connect you with apartment investors network. So, what are you waiting for? Enroll today!
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242 S. Washington Blvd Suite 319
Sarasota, FL 34236