Address: 455 Valverde Drive, Albuquerque NM
Number of Units: 16
Value Add Deal? Yes
Purchase Price: $740,000
Estimated monthly increase projected? $2,000
Anticipated value after value add: $1,000,000
Estimated Cash on Cash Return: >10%
Estimated Internal Rate of Return: N/A Buy and hold
It has grown my network and expanded my thinking to a new level.
Bank loan with rehab rolled into the loan
Work with the seller to build rapport.
It takes time to get a seller to trust you.
* 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.