Warrior Win

Jordan Hollis

My current day job is sales in the construction industry. The only real estate experience to date was purchasing, remodeling, and selling our first home
no multifamily experience. My passion is to travel, give back and help my family, and spend time with the ones that matter most.
 
 
 
 
 
 
 
 
 
 

Property Details

Address: Casa San Luis Apartments, 3155 Park Ln, Dallas, TX 75220
Number of Units: 63
Value Add Deal? Yes
Purchase Price: $6.9M
Estimated monthly increase projected? $400/unit
Anticipated value after value add: $13mm at the end of the business plan
Estimated Cash on Cash Return: 7%
Estimated Internal Rate of Return: 20%

Warrior team
shout outs:

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

It has accelerated my growth and opportunities by at least 3-5 years.

How did you find this property?

By networking with warriors.

How did you structure the financing of this property?

Fixed debt with a 5.82% rate

Was this a joint venture or syndication?

Syndication

How did you raise the equity?

General partners, Limited partners from personal connections.

What was the equity raise?

$3.2 million

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

Raising the capital was a challenge in the current economic market.

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

Network with intent at all times. Look for ways to bring value to others first and the opportunities will return to you at some point.

* 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.