In 2019, Jon & Sam, joined an elite nationwide multi-family mastermind group and have since scaled their business acquiring over $50MM in assets under management spanning over 600 doors across 8 properties in 4 states. They are also Limited Partners in 3401 units across 9 Multifamily assets.
Jon & Sam now coach other aspiring syndicators for a high-end multifamily syndication coaching company. They are regular guests on the #1 listened to multi-family syndication podcasts around the world. They have been asked to speak at many masterminds, and seminars across the country as an inspiration to other entrepreneurs eager to enter the multifamily investing world.
Address: Windmill Apartments
Number of Units: 162
Value Add Deal? Yes
Purchase Price: $14,000,000
Estimated monthly increase projected? $250/month/unit
Anticipated value after value add: $20,000,000
Estimated Cash on Cash Return: 8-10%
Estimated Internal Rate of Return: 19-21%
Life changing, both my wife and I are financially independent and can focus more on our family thanks to the Warrior Group.
Broker relationship.
Fixed rate bridge debt and equity raise from friends and family.
Syndication
Friends and Family.
$70,000,00.
This deal started a year before we went under contract, we staying in touch and submitted a dozen LOIs until the seller came around to realistic expectations. Understanding what the owner had and getting correct information on units needing renovated.
Stay consistent and persistent and you will get “Lucky”.
* 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!
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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.
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242 S. Washington Blvd Suite 319
Sarasota, FL 34236