Warrior Win

Carrie Zatelli

I am an attorney turned real state investor. I was a prosecutor for about 10 years then I moved into Civil litigation. My husband and i started a construction company about 10 years ago that focuses on walkway repair for affordable housing across the country.




Property Details

Address: 2900 South FWY, Fort Worth, TX. 76104. Morningside Apartments
Number of Units: 123.
Value Add Deal? Yes
Purchase Price: $11,250,000
Estimated monthly increase projected? $67 for one bedroom and $80 for a 2 bedroom.
Anticipated value after value add: $16,414,440
Estimated Cash on Cash Return: 6.35%
Estimated Internal Rate of Return: 20.95%

Warrior team
shout outs:

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

This program has exceeded my expectations. I have loved every minute and every person that I have meet.

How did you find this property?

Through another warrior.

How did you structure the financing of this property?

Loan 7,250,625 @6.3 %
Capital 3,999,375.

Was this a joint venture or syndication?


How did you raise the equity?

Through friends and family as it was my first raise.

What was the equity raise?


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

We had to move the closing to get the raise.

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

 I learned a couple of good lessons.  First, I realized that getting the actual money that an investor committed to investing can be challenging.  Not every investor is in a hurry to get the money wired or transferred and self directed IRA’s take some time to get completed.  Second I learned a lot about  what qualities make good general partners for me.   

* 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.