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Address: Thousand Roses / 455 Buck Moore Rd., Lake Wales, FL 33853 Number of Units: 118
Value Add Deal? Yes
Purchase Price: $8,000,000
Estimated monthly increase projected? $350 per unit in the first 18 months
Anticipated value after value add: $13,000,000
Estimated Cash on Cash Return: 8%
Estimated Internal Rate of Return: 15%
I have learned a lot during my time as a Warrior. I believe that some of the skills that I have learned and executed will build my net worth for many years into the future. I appreciate what Rod has put together and am very glad to be a part of it.
This property came to me through my network and a wholesaler.
We negotiated seller financing for $5,500,000 of the purchase price. Raised capital from limited partners for the balance.
Syndication
Through network of investors.
$3,800,000
Did not complete our capital raise by the closing date. General Partner team loaned a bridge to complete the closing. Getting information from the seller was challenging as it was a mom and pop organization who did not know how to use a computer.
Start raising capital way before you need to close.
* 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.
If you hold interest in multifamily property investing, then we have numerous multi-family real estate investing courses for you under which we offer the best multifamily investing coaching. All you need to do is to enroll yourself in one or more programs and we will provide the best apartment investing coaching as we connect you with apartment investors network. So, what are you waiting for? Enroll today!
242 S. Washington Blvd Suite 319 Sarasota, FL 34236
+1-941-225-8477
As one of America’s top real estate professionals Rod mentors business leaders and entrepreneurs through world-class speaking events, books, and training courses online and around the world.
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242 S. Washington Blvd Suite 319
Sarasota, FL 34236
