Warrior Win

Jermaine Xavier

Jermaine has been a real estate investor since 2005 with a portfolio that includes multi-family and single family assets. He is currently a general partner in 34 units in Arkansas and owns a 6 unit commercial property and single family properties in Maryland and Southern California. Jermaine has gone ‘Full Cycle’ on four multifamily properties and one single family property from 2011 through 2023.
Jermaine is a licensed electrical engineer, and a Program Manager for the National Aeronautics and Space Administration.
As a former HVAC contractor and business owner, Jermaine adds engineering and technical capability to assets within his portfolio.
By the end of 2024 Jermaine has plans to close two multifamily assets as a general partner adding over 200 doors to his portfolio. Jermaine is currently working to expand his investor and professional network.

Property Details

Address: Creekside Village Townhomes
Number of Units: 34
Value Add Deal? Yes
Purchase Price: $1,425,000
Estimated monthly increase projected? $150-200/unit
Anticipated value after value add: $2,500,000
Estimated Cash on Cash Return: 8.72%
Estimated Internal Rate of Return: 33.2%

Warrior team
shout outs:

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

The warrior program has really opened my eyes to the multi-family real estate business. I took my daughter and son to the event in Orlando, and plan to enroll them in the Warrior Program once they graduate from college.

How did you find this property?

I am teamed up with another Warrior Chris Moyer who found this asset.

How did you structure the financing of this property?

We got local financing at 8.5%, with the plan to refinance to agency debt after a return of capital after 24 months.

Was this a joint venture or syndication?


How did you raise the equity?

506(b). Friends, and other Warriors met at the Orlando event.

What was the equity raise?


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

Every hurdle Rod mentions. Capital raising was the main one. I was surprised how difficult the capital raising process was. I learned to get 2-3 times the number of soft commits and needed to fully fund.

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

I learned the importance of truly putting into practice what Rod says about capital raising…if someone sits still long enough…tell them what you do.

* 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.