Born and raised in Minnesota. After graduating from the University of Minnesota, I joined the Army National Gaurd Aviation and served for 8 years. Currently been with the American Red Cross in Data analytics for 8 years and working to transition into real estate full time. My wife and I own one commercial medical office building prior to our first multifamily. Passions and value that guild me are God, time with my family, and traveling.
Address: Silvan Townhomes / 6876 Vicksburg Ln N, Maple Grove, MN.
Number of Units: 48
Value Add Deal? Yes
Purchase Price: $10,225,000
Estimated monthly increase projected? $171/unit
Anticipated value after value add: $16,000,000
Estimated Cash on Cash Return: 6-8%
Estimated Internal Rate of Return: 14%
The warrior program is an amazing community of like minded, selfless folks. I am energized everytime I am able to network and/connect with my fellow warriors and everyone is always so helpful when questions and support in needed.
I was underwirting a local property that Charlie Peters passed on months ago. I set up a call with him and he brought Michael (who worked on opportunity with him) along. After that call I connected with Michael more to get to know him. He asked if Id like to join his current opportunity that Charlie is the Sponsor on because he liked me the heard only good things about warriors. I talked with Charlie more and then my Coach Eric, then decided to join the GP team.
Syndication
$4,100,000
Cash flowing property with low vacancy. Hurdles would be martket conditions for timing of sale, and any unexpeded Reno costs.
I learned that even when you have leads saying they are ready to invest right now that you can not rely on that!
* 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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