Address: Fountain Terrace
Number of Units: 57
Value Add Deal? Yes
Purchase Price: $8,500,000
Estimated monthly increase projected? $300
Anticipated value after value add: $12,000,000
Estimated Cash on Cash Return: 7%
Estimated Internal Rate of Return: 16-18%
Great for meeting other active investors.
Broker relationships.
70% LTC loan through local lender that I have a track record with on several previous projects.
Syndication
Partners and self raising.
$3,100,000
Putting the deal together during a very volatile time in the economy.
I learned more about the syndication process. After putting together 15+ JV deals I realized the syndication process isn’t as different as I perceived it would be.
* 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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242 S. Washington Blvd Suite 319
Sarasota, FL 34236
