I am currently a pro basketball player in my 4th year playing professionally. I originally got into and found real estate by looking for other ways to invest and grow my money outside of the stock market. Long story short I first learned about the real estate investing by coming across Grant Cardone and started watching and following him closely. Then took it upon myself to learn the game. Fast forward some more and I am at full swing now due to ROD KHLEIF. I am invested in 405 units total, at this point I am always learning but know enough to only invest in my own deals. 197 of these units I am an actual GP in these deals with my partners. As of 4.6.2020 we have 3 deals under contract, a 68, 22 and 130 all within a years worth of time after taking Rod’s course and learning from him.
Address: The Oaks – Tampa Florida
Number of Units: 59
Value Add Deal? Yes
Purchase Price: $5,447,000
Estimated monthly increase projected? $150
Estimated Cash on Cash Return: 9-10%
Estimated Internal Rate of Return: 15-17%
Best program out there! We can all make any of our dreams or wildest imaginations happen through hard work, not giving up and massive action everyday!
On market through broker. CBRE listing
Agency non recourse debt, 75% LTV, 5-10 years fixed interest rate
Raised money through accredited investors
Originally started as a 82 unit deal then turned into 59 units due to non disposable info.
Building partnerships are key in this business. I just so happen to be looking to invest a good chunk of my personal funds when I came across these guys who eventually became my partners. They needed extra cash to close the deal due to investors backing out. They offered me a GP spot to come on shadow and help over see everything. We have been working ever since and have 3 deals under contract now(mentioned above). Make sure to raise extra capital so you’re not scrambling looking for money come 1-3 days before deadline!
* 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.