Address: 38 East Willow, Monroe MI
Number of Units: 10
Value Add Deal? Yes
Purchase Price: $500,000
Estimated monthly increase projected? $2475
Anticipated value after value add: $807,000
Estimated Cash on Cash Return: 21%
Estimated Internal Rate of Return: 39%
It’s truly the best decision I have ever made! There is so much more support than I could have ever imagined having. The training and the materials are phenomenal. The staff is phenomenal. This Warrior Program is exactly what I needed to help propel me toward success.
I had done some work for the seller when I had my shop and kept in touch with him over the years and then one day he mentioned he had this property and then I persisted I was interested in purchasing his property even when he wasn’t remotely interested in selling.
Seller financing. 20% down, 10 yrs, amortized at 30 yrs, 3% interest.
Joint venture with Arlene Winfield
Each partner had capital
* 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.