Property name: Sunset Terrace
Number of Units: 207
Value Add Deal? Yes
Purchase Price: $16,500,000
Estimated monthly increase projected? $150
Anticipated value after value add: $23 mil
Estimated Cash on Cash Return: 10%
Estimated Internal Rate of Return: 17%
Robert Ritzenthaler, Rod Khleif, Drew Doran
Alot of the people in the network have become good friends of mine. I am now doing alot of business with many of them. Great network and life changing experience.
aligning with a very experienced operator
Agency debt through Hunt.
Raised the equity through family, friends, podcast, webinar, and through a very experienced operator
The city of Dallas and obtaining the COO as they seller marketed the asset as 208 units but it was actually 207.
The success of the capex business plan goes very smooth with the right property management company
* 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.