CPA for 15 years. Work for publicly traded insurance company. Been involved with real estate off and on since 2014 – that was single family homes. Passions are family, personal growth, personal finances, sports and fitness.
Address: Rivers Edge. North Augusta, SC.
Number of Units: 72
Value Add Deal? Yes
Purchase Price: $5,400,000
Estimated monthly increase projected? $23,393
Anticipated value after value add: $9,315,277
Estimated Cash on Cash Return: 17%
Estimated Internal Rate of Return: 39%
Love it. Joined last year and the first 6 months was all about information intake. Learning. Now last 3-6mo has been about networking.
Part of a team. I am on the equity raising side.
Reaching out to network of investors
Finding the deal. That is the hardest part right now.
Teamwork. Find great partners. Integrity – do what you say and say what you will do. Transparency – important to be totally transparent with investors.
* 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.