Warrior Win

Jason Martins

Full time Property Manager since 2007
Certified Property Manager since 2014
Bought my first duplex in 2017
Started my management company in 2017
first LP spot in 2021
First GP spot in 2022

Property Details

Address: 280 E Plant St, Winter Garden, FL 34787
Number of Units: 11
Value Add Deal? Yes
Purchase Price: $1,200,000
Estimated monthly increase projected? $8,800
Anticipated value after value add: $2,800,000
Estimated Cash on Cash Return: 9%
Estimated Internal Rate of Return: 47%

Warrior team
shout outs:

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

I couldn’t have done it without being in the program.

How did you find this property?

It was across the street from my duplex. It was on the market, it didn’t sell, so I called the owner directly. He agreed to a price and to seller finance.

How did you structure the financing of this property?

Seller financing, 7% IO, 3 years, option to amortize after IO period.

Was this a joint venture or syndication?

Joint Venture.

How did you raise the equity?

I put in $150,000 and the rest came from partners.

What was the equity raise?


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

Putting together a JV team that could bring the money to close.

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

Be prepared with cash in case anything goes wrong.

* 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.