Menu
20 year career owning health clubs, franchise wellness brands, and rental properties. Got started in multi-family in 2019 and have 72 units today via JV deals.
Address: 377 Adams/30 & 40 W. Cook Manteno, IL
Number of Units: 16
Value Add Deal? Yes
Purchase Price: $1,090,000
Estimated monthly increase projected? $100-150/unit
Anticipated value after value add: $17 mil
Estimated Cash on Cash Return: 11-13%
Estimated Internal Rate of Return: 19-21%
It’s been great. Love the people, networking, and relationships
Broker relationship- off market
Conventional through a regional bank 25% down, 4% over 25 year AM- 5 year
JV
My partner and I
$275,000
Broker relationships matter!
* 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!
242 S. Washington Blvd Suite 319 Sarasota, FL 34236
+1-941-225-8477
As one of America’s top real estate professionals Rod mentors business leaders and entrepreneurs through world-class speaking events, books, and training courses online and around the world.
K L Promotions, LLC
242 S. Washington Blvd Suite 319
Sarasota, FL 34236
