Warrior Win

Shawn Ricehouse

Been in RE for several years, MF for one year. Have several SF homes after transitioning to MF in Feb 2022. Construction is my background for over 25+ years. Married for 18 years and blessed with 4 children. Love to BBQ, travel and watch my kids soccer games!


Property Details

Address: Casa San Luis – 3155 Park Lane Dallas TX
Number of Units: 63
Value Add Deal? Yes
Purchase Price: $6,900,000
Estimated monthly increase projected? $350/unit
Anticipated value after value add: $13,000,000
Estimated Cash on Cash Return: 7%
Estimated Internal Rate of Return: 19.75%

Warrior team
shout outs:

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

Best of the Best. I recommend it all the time! Thank you!

How did you find this property?

Broker Relationship – off market.

How did you structure the financing of this property?

Agency Fixed Debt.

Was this a joint venture or syndication?


How did you raise the equity?

Friends and Family.

What was the equity raise?


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

Dealing with Agency delays, and managing investors’ expectations.

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

Agency requirements,

* 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.