I am investing in single-family RE since 2013. When I found out about Lifetime Cashflow Academy I got very excited. I attended Rod Khleif MF bootcamp last year in June and started my MF investment journey. I have invested in 5 MF as an LP.
Address: 6400 Ezras Ct, Fayetteville, NC 28304
Number of Units: 11
Value Add Deal? Yes
Purchase Price: $685,000
Estimated monthly increase projected? $100/unit
Anticipated value after value add: $970,000
Estimated Cash on Cash Return: 10%
Estimated Internal Rate of Return: 20%
It is great seeing warriors adding value to each other and making them win on daily basis. I always thought that it is impossible until I join this program.
Friends & Warrior (Partnered with Dinesh Nayak who is also a warrior)
Negotiating with the seller took a lot of time because they were not planning to sell. Since it was the first JV, it took us time to find a lender who can finance at a good rate & a property manager who can execute our business plan well.
It always seems impossible until it is done. I thought we will never get this deal but thinking of the seller first and creating terms keeping the seller in mind worked for us.
* 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.