Warrior Win

Brian Fay

I own an construction company and plumbing company in S. Florida. I own single family long term rentals, a 312 unit apartment complex and am working on a few development projects.





Property Details

Address: The Pavilion on 62nd – Gainesville FL
Number of Units: 312
Value Add Deal? Yes
Purchase Price: $35,000,000
Estimated monthly increase projected? $139 on average/unit
Anticipated value after value add: $58,733,758
Estimated Cash on Cash Return: 52,79%
Estimated Internal Rate of Return: 57,15%

Warrior team
shout outs:

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

I love the community!

How did you find this property?

A friend brought the deal to me.

How did you structure the financing of this property?

Equity of $11,787,750
Debt of $34,500,000

Was this a joint venture or syndication?

Joint Venture.

How did you raise the equity?

4 JV partners.

What was the equity raise?


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

It took a long time, converting from student housing to market rate, organizing capital stack.

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

It is much better to work with teams that have an impressive track record. Getting creative with deals can have a larger return.

* 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.