Warrior Win

Chris Moyer

In 2019, Chris and his wife Kristen decided to jump into real estate together less than a month after marriage. Through the pandemic, Chris earned his Contractors License in the State of Arkansas and continued to purchase properties. By the end of 2021, Chris and his wife owned six units.
After joining Rod Khleif’s Multifamily Real Estate mastermind in 2022, Chris accelerated his learning and took massive action towards real estate. 
 
Warrior 2 years
168 Doors Apartments
76 Storage
2 Bowling Centers
weekend. 

Property Details

Address: Georgetown Court
Number of Units: 92
Value Add Deal? Yes
Purchase Price: $5,450,000
Estimated monthly increase projected? $200/unit
Anticipated value after value add: $10,000,000
Estimated Cash on Cash Return: 7-9%
Estimated Internal Rate of Return: 18-22%

Warrior team
shout outs:

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

Amazing.

How did you find this property?

Broker.

How did you structure the financing of this property?

Freddie Mac 10 year fixed.

Was this a joint venture or syndication?

Syndication

How did you raise the equity?

Private individual investors.

What was the equity raise?

$3,000,000

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

Tight timeline, capital raising isn’t easy, a very hard owner with limited books, poor prior property management.

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

Get started on financing ASAP and don’t wait. Be raising outside of a deal.

* 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.