Hemant Pawar is the Principal of Zen Abode Capital Group and, lives in the Bay Area of California. He is owner and operator of apartments in Ohio, Florida, Colorado, Georgia, Tennessee, Texas and New Mexico. He works full-time as a IT Program Director with the largest integrated healthcare organization in the US. He has adopted 7 families with 24 kids in Africa, Central Asia and Middle east. His interests include travel, health and fitness, spirituality, and volunteering for charities.
Address: 830 CLarkson Drive, Denver, CO
Number of Units: 7
Value Add Deal? Yes
Purchase Price: $1.3K
Estimated monthly increase projected? $245 average
Anticipated value after value add: $1.9K
Estimated Cash on Cash Return: 5%
Estimated Internal Rate of Return: 19%
Tremendous networking oppurtunity and consistent deal flow amongst fellow warriors to make fast progress. The giving attitude of so many warriors I met is exemplary.
I found my partners and they found this property in their backyard in Denver.
Bridge debt for upgrades and construction at 80% LTV.
All partners pooled in money.
Structuring our joint venture to create a win win was a challenge.
Local partnerships are key to forming a good profitable joint venture.
* 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.