Warrior Win

Bharat Kona

4.5 yrs as LP and GP. 6 deals till date. My 7th deal is with the Warriors.





Property Details

Address: Morningside Apartments, 2900 South Fwy, Fort Worth, TX 76104 
Number of Units: 123
Value Add Deal? Yes
Purchase Price: $11,250,000
Estimated monthly increase projected? $75-$100/unit
Anticipated value after value add: $16,500,000
Estimated Cash on Cash Return: 7%
Estimated Internal Rate of Return: 19%

Warrior team
shout outs:

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

Excellent educational and networking program.

How did you find this property?

Warriors introduced this deal to me and I partnered with them.

How did you structure the financing of this property?

Agency loan.

Was this a joint venture or syndication?


How did you raise the equity?

Family & friends, network.

What was the equity raise?



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

Rent growth, Leasing & occupancy.

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

Partnering with complementary skills.

* 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.