Warrior Win

Frank Patalano

Former School Teacher
Investing in Real Estate for about 13 years. Been in Syndications for about 4 years.

Property Details

Address: Pine Park and Playa Del Sol both in Albuquerque, NM
Number of Units: 98
Value Add Deal? Yes
Purchase Price: $8,300,000
Estimated monthly increase projected? 50 but also RUBs
Anticipated value after value add: $13,800,000
Estimated Cash on Cash Return: 9%
Estimated Internal Rate of Return: 31%

Warrior team
shout outs:

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

Enjoying so far but haven’t truly closely connected with any Warriors yet.

How did you find this property?

I was asking another syndication friend if there was anything that he needed help with.

How did you structure the financing of this property?

5 year. 2 year I/O

Was this a joint venture or syndication?


How did you raise the equity?

Called and Emailed my Network

What was the equity raise?

$3.1 M

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

Market changing. Other GPs decided to do a 50/50 at sale. Buying a portfolio.

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

Speak up. People need help and I can provide value.

* 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.