Warrior Win

Michael and Regina Lucero

2019 is a turning point for out lives, we started our journey with real estate flipping single family houses, we manage to scale up and working 20-25 houses at a time. Flipping is a short term solution to our financial goals, so we join the warrior program because we would like to have a lifetime cashflow through multifamily investing, this was February 2021. Now we are doing real estate full time, manage to retire before 40, from $300 pocket money ten years ago to multi million dollar assets in 3 years. Now we are JV, GP, KP 172 units, LP in 397 units. Money is a great resource for service. We would like to extend out blessings to the children that have rare conditions in the Philippines. To God be the glory!

Property Details

Address: Thomas Ridge Luxury Apartment, Augusta Georgia
Number of Units: 104
Value Add Deal? Yes
Purchase Price: $8,320,000
Estimated monthly increase projected? $130/unit
Anticipated value after value add: $12,466,000
Estimated Cash on Cash Return: 7%
Estimated Internal Rate of Return: 17%

Warrior team
shout outs:

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

Best decision of our lives.

How did you find this property?

Broker relationships.

How did you structure the financing of this property?

Adjustable rate bridge loan with bank loan, syndication and 1031 exchange.

Was this a joint venture or syndication?


How did you raise the equity?

Family and friends, local network.

What was the equity raise?


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

Having multiple deals, and sharing the same investor pool with other capital raisers.

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

As capital raiser always increase and master your investor relationships.

* 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.