Warrior Wins – Murat Uzundag

Warrior Win

Murat Uzundag

I am a seasoned Product and Engineering Executive with extensive experience in managing technology strategy, business enablement, and execution, with a strong focus on the banking industry. In addition to my career in banking, I have been actively investing in real estate in the New Jersey area and recently joined the Warrior Program to further deepen my expertise.

My goal is to leverage my high-net-worth network and successfully transition into real estate business management over the next five years, building a sustainable and impactful real estate portfolio.

Property Details

Address: 201 avenue b knoxville tn 37920 Number of Units: 12
Value Add Deal? Yes
Purchase Price: $1,380,000
Estimated monthly increase projected? $200-300/unit
Anticipated value after value add: $1,600,000
Estimated Cash on Cash Return: 10%
Estimated Internal Rate of Return: 16%

Warrior team
shout outs:

Any comments about your experience so far in the Warrior Program?

My experience with the Warrior Program has been great so far. I’ve really enjoyed the learning process and the supportive community, both of which are helping shape my future in the real estate market. The only feedback I have is that while the content is incredibly powerful, it can sometimes feel a bit overwhelming.

How did you find this property?

My partner Baran Menguloglu.

How did you structure the financing of this property?

20% equity and remaining finance through a local bank.

Was this a joint venture or syndication?

How did you raise the equity?

Personal funds.

What was the equity raise?

20%

What are some hurdles you had to overcome to get this deal done?

One of the main hurdles I faced was the challenge of proximity—closing a deal in a location I had never personally visited was difficult. However, I gained a lot of confidence by trusting Baran, my local partner on the ground, whose experience and knowledge of the area gave me peace of mind

What are some of the lessons you learned with this deal?

Although we had studied extensively and participated in the Warrior sessions, this deal truly put everything into perspective for me. I gained valuable insights into market and submarket analysis in TN area, deal evaluation, and negotiation. Additionally, I learned about working closely with property managers, securing financing through credit unions, planning CAPEX, and managing the transition process, all while developing an end-to-end business strategy.

* 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.

Warrior Win

Murat Uzundag

Property Details

Warrior team
shout outs:

Any comments about your experience so far in the Warrior Program?

How did you find this property?

How did you structure the financing of this property?

Was this a joint venture or syndication?

How did you raise the equity?

What was the equity raise?

What are some hurdles you had to overcome to get this deal done?

What are some of the lessons you learned with this deal?

Let’s Get Started

Let’s Get Started

READ OUR

2022

Vision

Warrior Win

Murat Uzundag

Property Details

Warrior team shout outs:

Any comments about your experience so far in the Warrior Program?

How did you find this property?

How did you structure the financing of this property?

Was this a joint venture or syndication?

How did you raise the equity?

What was the equity raise?

What are some hurdles you had to overcome to get this deal done?

What are some of the lessons you learned with this deal?

Let’s Get Started

Let’s Get Started

READ OUR

2022

Vision

Warrior team
shout outs: