Warrior Win

Marquice T. D. Hobbs

Growing up and being raised in Houston, I’m deeply driven by a passion for empowering others in their faith journey and financial endeavors. As the Pastor of Contemporary Worship at Christ Church Sugar Land, I strive to inspire and guide individuals to take their next step in faith through delivering impactful sermons and nurturing discipleship.
 
I likewise dedicate my time to volunteering for various non-profit organizations, thus reinforcing my commitment to community service.
 
In my entrepreneurial endeavors, I utilize my expertise to underwrite properties, raise capital, analyze markets, and develop strategic business plans at Investream, ensuring robust and data-driven returns for our investors. My multifaceted approach to service reflects my deep-rooted dedication to uplifting others in both the spiritual and financial aspects of life

Property Details

Address: Pioneers Business Park
Number of Units: 27
Value Add Deal? Yes
Purchase Price: $8,000,000
Estimated monthly increase projected? 0
Anticipated value after value add: 11,500,000
Estimated Cash on Cash Return: 2%
Estimated Internal Rate of Return: 26.67% Total and 18.45% for LP’s

Warrior team
shout outs:

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

 
This is one of the best communities. I haven’t been active, but every time I return there is a passion for adding value to one another and the world.
 
Also, I’d like to share that the meet up in Denver of 2022 helped me connect with Al Salous even more. Meaning, a warrior made the introduction and a warrior event helped deepen the connection even more.

How did you find this property?

My team had boots on the ground.

How did you structure the financing of this property?

 
Construction Loan, 80% LTC
Prime minus – 1%

Was this a joint venture or syndication?

Syndication

How did you raise the equity?

Family and friends

What was the equity raise?

$3,500,000

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

 
2 years of networking and underwriting
Started without a coach or mentor and found one through networking, which began with a warrior in Houston named Mike Bailey
I transitioned to a new church and my wife and I had our first baby during this time

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

Stay consistent, don’t give up, and find the right team.

* 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.