Address: 8731 North 30th Street, Tampa FL
Number of Units: 40
Value Add Deal? Yes
Purchase Price: $7,080,000
Estimated monthly increase projected? $300-350 per unit per month
Anticipated value after value add: 12-13M
Estimated Cash on Cash Return: 14-17%
Estimated Internal Rate of Return: 18-21%
The networking and collective resources are absolutely invaluable.
Through networking with other Warriors
3 year refinance, 5 year sell, 6% preferred return, 70/30 GP/LP equity split
Stepping outside of my comfort zone talking about specific deal financials.
Patience. The deal took quite a bit longer to close than expected.
* 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.