Warrior Win

Scott Jacobson

Scott has two decades of active real estate investing experience and knowledge, ranging from single-family homes and duplexes, to multi-family apartment buildings and a medical/professional office building. Combining a passion for real estate with real-world experiences in property acquisition, management and successful exit strategies, his vision is to align with like-minded people who can see the financial benefits and excitement that real estate investing can offer.
In 2013, Scott and his wife Denise founded a 501c3 non-profit charity called the SON Foundation, which serves as a home-away-from-home for cancer patients and their caregivers while they are in Indianapolis for treatments. Guests are not charged to stay at the SON House, and to date the SON Foundation has provided over 7,000 nights of lodging for its guests.

Property Details

Address: Lakemore and Moreland – 2666 & 2680 N Moreland Boulevard Shaker Heights, OH 44120
Number of Units: 66
Value Add Deal? Yes
Purchase Price: $3,680,000
Estimated monthly increase projected? $250/unit
Anticipated value after value add: $7,000,000
Estimated Cash on Cash Return: 7.52%
Estimated Internal Rate of Return: 17.83%

Warrior team
shout outs:

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

it’s been great, I love that it has speed up my learning curve.

How did you find this property?

fellow Warrior brought the deal.

How did you structure the financing of this property?

Bank debt at 63% LTV.

Was this a joint venture or syndication?


How did you raise the equity?

From our network of investors.

What was the equity raise?


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

Slower capital raise than expected/hoped, bank increased the reserves required just 2 days before closing so we had to wire additional personal funds to get through closing.

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

More capital is better than less! also lender requirements are tightening so plan accordingly.

* 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.