Entrepreneur. Bought, built, and sold companies in my past. Join warrior group last may (2020), and just closed on my first syndication recently.
Address: Tribble Gap Apartments
Number of Units: 20
Value Add Deal? Yes
Purchase Price: $13,00,000
Estimated monthly increase projected? $450
Anticipated value after value add: $25 mil
Estimated Cash on Cash Return: 10%
Estimated Internal Rate of Return: 18%
The connections I have made are unrivaled to anything else I have ever attended. The sheer willingness to help one another is outstanding.
Off market. Direct to seller
Seller didn’t disclose a lot of the issues when we did inspections and had to re-trade. A lot of lender issues at the 11th hour.
The importance of a team, and having the right people in place. Also, to get a formal loan commitment from lender early on.
* 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.