Warrior Win


I left my full time job in 2007 at the age of 22 to become a full real estate investor and contractor. I started out attempting to do flips but quickly learned that in my market it is all about cashflow. I purchased several properties over the years including a couple multifamily properties. I really started honing my skills with multifamily investing after attending Rod Khleif’s first bootcamp and joining the warrior program. My passions include business, real estate, finance, my church, and anything to do with boating and/or being around water. I have been blessed to spend some time the past several winters in the Florida Keys and I look forward to the day that my real estate career will allow me to purchase a home in the Florida Keys

Property Details

Address: 500 W Elm/222-232 S McDonel Street
Number of Units: 16
Value Add Deal? Yes
Purchase Price: $92,500
Estimated monthly increase projected? $10,0000
Anticipated value after value add: $910,000.00
Estimated Cash on Cash Return: 10%
Estimated Internal Rate of Return: 20%

Warrior team
shout outs:

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

It is refreshing that EVERYONE wants to help and approaches all aspects of this business as a team effort. The amount of value that is added through the warrior program exceed expectations. The accomplishments that not only I have achieved but that I have witnessed other Warrior’s achieve is hard to comprehend at times. Its been fun to be a part of this group and I look forward to helping others along their journey with real estate.

How did you find this property?

500 West Elm was a bank owned 10 unit apartment building that my broker brought to my attention.

How did you structure the financing of this property?

Traditional financing – 75% LTV

Was this a joint venture or syndication?

Once we moved forward with the construction of the triplexes we contributed the existing 10 unit building as equity to a new JV entity.

How did you raise the equity?

Partnered with a realtor and and employee of the broker who brought me the deal.

What was the equity raise?


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

Zoning, building and local municipality red tape. This has turned into a process to identify obstacles that both the City of Lima and my team can overcome to make development easier and more inviting, especially to outside firms who may not have the knowledge and relationships on the local level. We are trying to set a precedent for other investors, developers and contractors to follow so growth and gentrification in our local market will take place.

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

Get commitments from local government including building authorities in writing.

* 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.