Address: Oakleaf Townhomes, Mt. Pleasant, SC Number of Units: 108 Purchase Price: $22,680,000
Estimated monthly increase projected? $1000
Anticipated value after value add: $37,067
Estimated Cash on Cash Return: 7.3%
Estimated Internal Rate of Return: 16.8%
It has been life-changing. It has been an honor to learn from some the best operators out there, and to join them in taking down amazing deals, not to mention offering these opportunities to investors. The network has been the most amazing part.
Our team got to know the owners years ago, and kept up the relationship so that when they were ready to sell, our team was the first buyer they considered. A broker also assisted in the process, but there is no way they would have sold to us or entertained seller financing if it weren’t for the relationship.
Syndication
As a capital raiser (among other things….don’t worry:), I learned that you cannot rush your investors. We raised ALL the equity needed for this deal and then some in less than a week. I didn’t join the first webinar, so by the time my investors got to attend a webinar, they literally had 3 days to reserve their spots before they were all filled up. That wasn’t enough time for many of my investors to do their due diligence. So the lesson is to gather as much info about the deal as possible and let your investors get warmed up to it before the webinar, so they have sufficient time to get their questions answered and consult with their spouses/financial advisors, etc.
* 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.
If you hold interest in multifamily property investing, then we have numerous multi-family real estate investing courses for you under which we offer the best multifamily investing coaching. All you need to do is to enroll yourself in one or more programs and we will provide the best apartment investing coaching as we connect you with apartment investors network. So, what are you waiting for? Enroll today!
K L Promotions, LLC | 242 S. Washington Blvd Suite 319 Sarasota, FL 34236 | +1-941-225-8477