Warrior Win

Steve Ronan

Retired from NYPD. Owned 1 investment single family home prior to joining.






Property Details

Address: 110-112 E Otterman St Greensburg, Pa
Number of Units: 57
Value Add Deal? Yes
Purchase Price: $150,000
Anticipated value after value add: $1.4 Mil

Warrior team
shout outs:

Which Warriors helped you with this deal, and how?

George O’Brian. He found the property and brought me in. He is also overseeing the construction.

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

Great program. Garrison was a great help and motivator

How did you find this property?

Partnered with another warrior, George O’Brian

How did you structure the financing of this property?

Received $800k loan to cover construction costs. Plan to refi after construction is complete and apartments are rented. Will pay off the construction loan and return our cash deposits.

How did you raise the equity?


What was the equity raise?


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

It helps greatly to have someone in the area when investing out of state.

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

Construction costs are much higher than anticipated

Was this a joint venture or syndication?

Joint venture

* 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.