Marv served 25 years in the Navy followed by 10 years in Federal IT sales. Victoria has been a residential real estate agent for more than 18 years. We started with a portfolio of SFR and STRs and now scaling using MFR. Joined Warrior program in early March 2023 and now in 376 doors. Victoria loves running and Marv loves hiking and golf…we BOTH are die-hard Georgia Bulldawgs, Tampa Bay Buccaneers and Dallas Cowboys fans!
Address: Savannah Abercorn 160 portfolio
Number of Units: 160
Value Add Deal? Yes
Purchase Price: $22,750,000
Estimated monthly increase projected? $100-175/unit
Anticipated value after value add: $30,000,000
Estimated Cash on Cash Return: 11-13%
Estimated Internal Rate of Return: 7.1-7.5%
We love being Warriors and have recommended it to numerous people!!!
FIXED RATE DEBT FOR 5YRS. 3yr I/O period
worked the phones for 60 days
Phone calls and follow-up are the most effective way to raise capital. Good property management relationship can stall or significantly accelerate closing deals
* 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.