Warrior Win

Victor Collazo 92 Units Closed

Professional image of Victor Collazo, a dedicated real estate warrior.

Victor Collazo

From US Army Veteran to Multifamily Investor

Victor is a 10-year US Army veteran and a previous successful painting franchise owner. He is currently an IT Program Manager, providing stellar project delivery to customers globally. Married with three kids, Victor loves to work out daily and volunteers for several local veteran charities, including Grey Team and The Barracks Foundation. Transitioning from Single Family to Multifamily in 2020, he has become an LP in over 200 doors, a partner in STRs, and an investor in Grant Cardone’s funds, bringing his business knowledge and asset management skills to the table.

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Property Overview

Property Name: Westwood Flats
Location: 6841 West Shade Lane, Wichita KS 67212
Number of Units: 92
Value Add Deal: Yes
Purchase Price: $5,450,000
Projected Monthly Rent Increase: $150-200
Anticipated Value After Value Add: $8,380,445
Estimated Cash-on-Cash Return: 7%-9%
Estimated Internal Rate of Return (IRR): 15%-17%

How This Deal Came Together

Deal Source

Broker Relationship:  The property was sourced through a fellow Warrior, showcasing the power of community and networking within the program.

Equity Raise2

Total Equity Raised: $3,000,000
How It Was Raised: Through Limited Partners (LPs), demonstrating effective capital raising strategies.

Financing Structure

Syndication Type: Syndication

Value-Add Strategies​

New or Refaced Cabinets

New Black Appliances

Resurface Counter Tops

New Fans & Lights

Wall Repair & New Paint

New Signage

Repair Fencing

Tree Trimming

Repair Decking

New Exterior Paint

New Grilling Stations

Challenges Faced

Hurdles Overcome: One of the General Partners (GP) was closing on his house but was also an LP, so we had him invest post-close, showcasing adaptability in complex situations.

Warrior Program Support

Victor received invaluable support from fellow Warriors, including Chris Moyer, Jermaine Xavier, Bharat Kona, Nitin John Abraham, Bista Shrestha, and Mark Nagy, who provided insights and encouragement throughout the process.

Lessons Learned & Key Takeaways

Always Be Raising Capital: Capital raising is an everyday task; nothing is guaranteed until the closing is completed and the money is transferred to the bank.
Establish Strong Relationships: Building connections with investors and fellow Warriors is crucial for success.
Stay Adaptable: Flexibility in overcoming challenges is key to closing deals successfully.

The experience has truly been life changing in a positive way

Be the Next Warrior Success Story

Victor’s journey exemplifies how mentorship, strategic networking, and expert guidance can lead to significant achievements in multifamily real estate. If you’re ready to transform your life and achieve financial independence, consider joining Rod Khleif’s Mentorship Program. With a step-by-step system, direct mentorship, and access to a powerful network, you can close more deals, raise capital, and grow your wealth faster. Apply for mentorship today and start your journey to success!