Podcasts about underwrite

This episode is a masterclass in turning pain into purpose.Diana and Josh, two married architects, were forced to reimagine their future after losing both their fathers in 2021.What began as a journey to escape the W-2 grind became Terra Palm Springs, the city's first true wellness boutique hotel.They reveal how they: • Pivoted from flips and BRRRRs into commercial real estate • Used their design and construction edge to underwrite with vision • Created immersive guest experiences that transcend hospitality • Built three synergistic businesses to scale with intention • Took bold action while honoring their deepest personal “why”This story will move you, inspire you, and give you a real blueprint for building a brand, and a life that matters.What You'll Learn: • How to spot your unfair advantage (and actually use it) • The key to underwriting without inflating projections • What makes a boutique hotel truly stand out • How to transition from short-term rentals to hotel ownership • Why generosity is the secret weapon in hospitality00:00 - Action drives clarity 00:35 - Process-proven growth 01:36 - Power couple feature 02:20 - Life-changing loss 05:55 - Strategic shift to scale 07:26 - Expert system builders 09:50 - Value-add obsession 10:56 - Underwrite with confidence 14:30 - Unapologetic branding 16:42 - First-of-its-kind wellness hotel 21:00 - Team-powered execution 25:40 - The real estate awakening 28:00 - Finding purpose through pain 31:30 - Create your unfair advantage 36:00 - Future-built freedom 43:00 - Hospitality secret: give generously Guest Bio:Diana and Josh Dobken have 15+ years of experience in the architecture and construction industries. They strategically invest in value-add opportunities where they can use their design expertise to maximize their return on investment. Additionally, Diana and Josh co-host 35+ MTRs and STRs across multiple states for other real estate investors, bringing their hospitality standards and design sensibility to each property we manage.Beyond property investment, Diana and Josh also manage comprehensive operations teams for hotels, with them overseeing director of operations roles and guest experience management. This hands-on operational experience gives them invaluable insights into how design decisions impact day-to-day functionality and guest satisfaction.Their most current project involves the Architectural and Interior design of Terra Palm Springs, the first wellness Boutique Hotel in Palm Springs featured in Vogue, Forbes, Hotels Above Par, and selected as part of Travel and Leisure It List of 2025' 100 Best New Hotels in the World.Guest Link:http://www.instagram.com/d.i.fiGet FREE Access to our Community and Weekly Trainings:https://group.strsecrets.com

This episode is a masterclass in turning pain into purpose.Diana and Josh, two married architects, were forced to reimagine their future after losing both their fathers in 2021.What began as a journey to escape the W-2 grind became Terra Palm Springs, the city's first true wellness boutique hotel.They reveal how they: • Pivoted from flips and BRRRRs into commercial real estate • Used their design and construction edge to underwrite with vision • Created immersive guest experiences that transcend hospitality • Built three synergistic businesses to scale with intention • Took bold action while honoring their deepest personal “why”This story will move you, inspire you, and give you a real blueprint for building a brand, and a life that matters.What You'll Learn: • How to spot your unfair advantage (and actually use it) • The key to underwriting without inflating projections • What makes a boutique hotel truly stand out • How to transition from short-term rentals to hotel ownership • Why generosity is the secret weapon in hospitality00:00 - Action drives clarity 00:35 - Process-proven growth 01:36 - Power couple feature 02:20 - Life-changing loss 05:55 - Strategic shift to scale 07:26 - Expert system builders 09:50 - Value-add obsession 10:56 - Underwrite with confidence 14:30 - Unapologetic branding 16:42 - First-of-its-kind wellness hotel 21:00 - Team-powered execution 25:40 - The real estate awakening 28:00 - Finding purpose through pain 31:30 - Create your unfair advantage 36:00 - Future-built freedom 43:00 - Hospitality secret: give generously Guest Bio:Diana and Josh Dobken have 15+ years of experience in the architecture and construction industries. They strategically invest in value-add opportunities where they can use their design expertise to maximize their return on investment. Additionally, Diana and Josh co-host 35+ MTRs and STRs across multiple states for other real estate investors, bringing their hospitality standards and design sensibility to each property we manage.Beyond property investment, Diana and Josh also manage comprehensive operations teams for hotels, with them overseeing director of operations roles and guest experience management. This hands-on operational experience gives them invaluable insights into how design decisions impact day-to-day functionality and guest satisfaction.Their most current project involves the Architectural and Interior design of Terra Palm Springs, the first wellness Boutique Hotel in Palm Springs featured in Vogue, Forbes, Hotels Above Par, and selected as part of Travel and Leisure It List of 2025' 100 Best New Hotels in the World.Guest Link:http://www.instagram.com/d.i.fiGet FREE Access to our Community and Weekly Trainings:https://group.strsecrets.com

Yesterday, Jamie Dimon's JPMorgan and Brian Moynihan's Bank of America raised $4.4 billion for a Pentagon-designated “Chinese military company operating in the United States.” Most Americans might be astonished that there are any such companies – let alone that Wall Street is so indifferent to the national security implications that it is massively enriching one. The company in question is called CATL. It's the world's largest electric battery manufacturer and reportedly is putting them in Chinese submarines, increasing their lethality – meaning the death of Americans in the event of a shooting war. Messrs. Dimon and Moynihan are, thereby, not only aiding and abetting a “foreign adversary.” They have violated President Trump's vitally needed “America First Investment Policy” and created a precedent for doing so via Hong Kong that threatens to make a mockery of his commonsensical effort to end such underwriting of our enemy.  This is Frank Gaffney.

Confidence comes from numbers—not vibes. Underwrite like your future depends on it.   In this power-packed episode of The Abundance Mindset, Vinney Chopra shares the true foundation of confidence when dealing with multimillion-dollar deals: underwriting.   Gualter Amarelo presses Vinney on how he developed the emotional strength to close 42 out of 42 real estate deals. The answer? Mastering the numbers and removing emotion from decision-making.  

The Pulse of the Debt Markets — with Orest Mandzy, CRE Direct Capital market confidence is cautiously returning, but undercurrents of risk remain. In my wide-ranging conversation with Orest Mandzy, Managing Editor of Commercial Real Estate Direct, we discuss what recent CMBS issuance tells us about liquidity, why delinquency headlines may be misleading, and how sponsors can position themselves amid policy shocks and structural market shifts.   Liquidity Is Back — But Driven by Giants CMBS issuance jumped 110% in Q1 2025, totaling nearly $37 billion. While that headline suggests a resurgence of confidence, Orest clarifies that most of that growth comes from SASB (Single Asset, Single Borrower) deals – large trophy assets being financed and securitized by institutional players. These are not indicative of broad-based confidence in middle-market real estate.   To gauge true liquidity, he says, focus on conduit deals – pools of smaller $10M–$25M loans originated by banks and institutional lenders and repackaged into +/- $1B bond offerings. Robust conduit activity reflects a healthier market for everyday sponsors.   “If you've got solid conduit issuance,” says Orest, “that tells you there's liquidity in the market – not just for trophy deals.”   Rising Delinquencies: Real or a Red Herring? Recent headlines warned that CMBS delinquency rates exceeded 7%, the highest since 2021. But Orest has looked deeper into the data and sees it is far from being systemic. A handful of large, troubled multifamily loans, such as the $1.5B Park Merced in San Francisco and a floating-rate New York portfolio, together make up nearly 60% of those delinquencies. The common thread? These loans were made pre-COVID or in 2021 with floating-rate debt and now can't refinance in today's rate environment. But they're outliers, not bellwethers. Fannie and Freddie multifamily delinquencies remain under 1%, and even in CMBS, the average LTVs have been conservative.   “Multifamily looks worse than it is. Strip out the outliers and the market's still performing.”   CLOs, Banks, and the Competitive Landscape CMBS is just one lane in the broader lending freeway. Orest distinguishes it from CLOs, which are floating-rate, short-term loans used by debt funds for leverage, and from agencies like Fannie and Freddie, which underwrite more conservatively.   In 2024: Agencies originated ~$60B each CMBS did ~$40B CLOs only ~$8B – down sharply from peak years Debt funds relying on CLOs are now facing stiff competition from banks, which are back in the market after a cautious 2023. With banks accounting for 40% of CRE loan volume annually, this shift matters.   For sponsors, it means a broader set of options but also a new underwriting reality. Orest notes that while leverage is available, it's on tighter terms: LTVs in the low 60s and debt service coverage ratios near 2.0x are now standard for institutional-quality debt.   The Tariff Shock and Bond Market Jitters One of the most important takeaways: macro events like tariffs are now exerting real-time pressure on the capital stack.   In early April, CMBS bond spreads spiked from 80bps to 108bps over Treasuries as the market braced for a new round of tariffs. That spread spike pushed borrowing costs up and froze CMBS issuance for nearly 10 days – a signal of how fragile the system remains to policy volatility.  Although bond spreads have since tightened, Orest warns that risk repricing is now a function of policy headlines, not just economic fundamentals.   “Uncertainty is risk. And when investors sense more of it, they demand more yield. That makes loans more expensive and deal volume drops.”   Positive Leverage or No Leverage: Sponsor Guidance Asked what CRE sponsors and investors should be doing in the next 3–12 months, Orest's answer is clear: Seek positive leverage from Day One – don't rely on NOI lifts growth to bail you out. Consider no leverage at all if you're sitting on cash and don't want to risk default. Underwrite conservatively and turn over every rock. The deal you don't do may save you. “If you buy with positive leverage, great. If not, maybe don't borrow at all.”   Special Servicing > Delinquencies For investors and borrowers watching for cracks in the market, Orest recommends a lesser-known but more reliable signal: the special servicing rate in CMBS. Loans enter special servicing before they go delinquent, usually triggered by pending lease expirations, tenant loss, or anticipated refinance trouble. This metric has been rising and, unlike delinquencies, tends to stay elevated longer. Sponsors should watch this closely.   Local Policy Risk: The Property Tax Squeeze Orest flags an emerging risk with local governments under fiscal stress. Cities like San Francisco, where office values have cratered, still rely on CRE for a large share of tax revenue. If values fall but municipalities resist cutting spending, expect tax rates to rise, eroding asset value further.   “Where do cities go when they need money? To the deep pockets. And that's commercial real estate.”   Industrial and Insurance: Still in the Crosshairs While multifamily has absorbed most of the press, Orest highlights risk building in other sectors: Industrial may face headwinds from tariffs disrupting trade flows and warehouse demand. Insurance costs, especially in hurricane-prone areas, continue to rise, sometimes outpacing rent growth. In one example, he cited an apartment property in Tampa where gross revenue rose 50% in five years, but expenses outpaced it, limiting refinance options.   Geopolitics, De-Dollarization, and Exorbitant Privilege One of my concerns is about broader macro risks – de-dollarization, loss of U.S. financial credibility, and capital flight from Treasuries. Orest acknowledged these as tail risks but noted they're not front of mind for most market participants… yet.   Still, if foreign buyers ever pull back on U.S. Treasuries, that could cause a spike in long-term rates, forcing CRE valuations down and capital costs up. It's not imminent, but it's worth tracking.   “If China and Japan stop buying Treasuries, we've got a real problem. All bets are off.”   Final Thought The key insight from this episode: the market is functioning but only just. Liquidity is back, but it's conditional. Optimism exists, but it's fragile. And sponsors must walk a tightrope between opportunity and overextension.   Orest's advice? Borrow smart. Underwrite for today's risks – not yesterday's assumptions. And remember: your best defense in uncertain times is positive leverage and deep diligence.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

40% of limited partners in the last two years experienced capital calls, distressed assets—or worse… This has left many LPs a bit lost in terms of their confidence in their due diligence process…  But one physician-turned-real estate investor thinks that's about to change. Today I sat with Dr. Sam Giardano, a practicing gastroenterologist who built an AI-based underwriting tool to evaluate syndications. Now? He's turned it into an AI-powered platform that can vet deals in seconds—and it just exploded from 1,500 to over 4,000 users. In today's episode, he breaks down… How his tool uses AI to extract 120+ risk metrics from offering memorandums Why sponsors are uploading deals directly to his new LP marketplace The #1 red flag he looks for in multifamily deals in 2025 How better underwriting transparency might finally bring LPs off the sidelines Plus, he shares the surprising market insight he's most bullish on heading into 2026... If you're an LP who's still gun-shy from 2022, this tool (and this episode) could change the game for you. Tune in to the episode now. Take Control, Hunter Thompson Hunter Thompson Resources mentioned in the episode: Dr. Sam Giardano Website Interested in learning how to take your capital raising game to the next level? Meet us at Capital Raiser's Edge. Learn more here: https://raisingcapital.com/cre

An Australia-based energy expert says the government here should be underwriting major power generation projects to help drive investment in the sector and mitigate energy shortages.

Send us a textWe use an underwriting tool that we have developed over decades and tens of thousands of transactions. It is powerful and large (over 18,000 lines of code). Sometimes it can feel like we are hunting flies with a howitzer. Is there a more simple way to do this? Yes. Join Pat for a discussion of a simple underwrite, based just on the essentials.

Key Takeaways:Explore alternative financing options like bridge loans, floating rate loans with rate caps, assumable debt, and seller financing to make deals work in the high interest rate environment.Underwrite deals conservatively, stress-testing for debt sensitivity and ensuring NOI durability. Focus on realistic rent growth and expense assumptions.Plan for longer hold periods of 7-10 years, as the 3-5 year flip mentality may not work in the current market.Look for distressed opportunities, especially properties facing debt maturities that are forcing owners to sell or refinance on unfavorable terms.Consider value-add opportunities, especially in newer vintage properties from the 2000s, as they require less capital expenditure compared to older 1960s-1970s properties.Tighten expense management and focus on value-add improvements to boost NOI, as rent growth alone may not be enough.Be conservative in underwriting, build in buffers, and focus on the long-term rather than short-term market fluctuations.

Have you ever dreamed of buying a home at a fraction of its market value? David Shaw reveals why NOW is the time to learn the secrets of judicial foreclosure auctions.Here's the scoop:The COVID effect: For years, foreclosures were stalled, but that's changing. A backlog of foreclosed homes is hitting the market, and many regular bidders have moved on. This means less competition and a golden opportunity for those in the know.Why foreclosures? You're bidding on the bank's lien, not the house itself. This means a potentially huge discount and the ability to wipe out most other liens.Insider strategies: David shares his proven system for finding, evaluating, and bidding on foreclosure properties, including how to:Identify promising properties weeks in advanceDo your due diligence (title work is KEY!)Underwrite conservatively (assume everything needs fixing!)Navigate the fast-paced auction process and secure fundingDeal with potential occupants and lingering liensThis episode is for you if:You're a serious investor looking for an edge in today's market.You're not afraid of a little legwork and have the funds ready to go.You're ready to learn a powerful skill that could transform your wealth-building journey.Don't miss out! David is even offering a FREE foreclosure underwriting sheet to help you get started. Contact him at contact@burnyourboatswealth.com to claim your copy.Tune in now and discover how to become a "wolf" in the foreclosure market!Chapters00:00Introduction to Foreclosure Auctions01:06The Impact of COVID on Foreclosures04:18Current Trends in Foreclosure Auctions07:31Understanding the Foreclosure Auction Process12:10Bidding Strategies and Considerations17:35Post-Auction Steps and Responsibilities20:51Future Outlook for Foreclosure Opportunities25:09The Importance of Feedback25:43The Power of Storytelling25:50Introduction to Burn Your Boats Wealth Podcast26:19Engagement and Community Buildingkeywordsforeclosure auctions, real estate investing, COVID impact, bidding strategies, property acquisition#realestate #investing #realestateinvesting #realestateinvestor #propertyinvestment #wealthbuilding #financialfreedom #passiveincome #realestatepodcast #investingpodcast #foreclosure #foreclosures #foreclosureauction #davidshaw #burnyourboatswealthpodcast Hosted on Acast. See acast.com/privacy for more information.

Peek behind the curtain of institutional-grade multifamily development as we break down the detailed underwriting of a 65-unit luxury project in Wash Park.

Derrick Barker is the co-founder and CEO of Nectar, a fintech company focused on innovative financing solutions for Commercial and multi family real estate investors. His journey in real estate began during his time at Harvard, where he started acquiring properties from his dorm room. Following graduation, Derrick joined Goldman Sachs as a bond trader but continued to expand his real estate portfolio, primarily focused on affordable housing in Atlanta, his hometown.After three years at Goldman and building a portfolio of 500 units, Derrick returned to Atlanta to focus full-time on real estate, eventually growing his assets to over 4,700 units, valued at $500 million. His work included revitalizing distressed neighborhoods by renovating affordable housing complexes, creating thousands of units and enhancing community stability.In 2021, Derrick co-founded Nectar with his wife, Brittany Mosely, also a real estate investor, to help other developers who own stabilized properties to access liquidity in the form of flexible capital without having to completely refinance their senior debt. Through small balance mezzanine debt and preferred equity solutions, Nectar supports multifamily projects across the U.S., enabling developers to expand quickly while delivering stable, risk-adjusted returns for investors.

Module 3 of 17 Welcome to our Real Estate Investing Bootcamp Online Course (Audio Version) To access the full FREE VIDEO online course version (pdf's , Excel Deal Analyzers, Print Outs) of the BOOTCAMP :  Go to website and sign up to get your free login: https://911wealthnetwork.com/bootcamp

Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration. It's asked the Government to underwrite the risk of oil and gas exploration. Government ministers say they've made no decisions. Energy Resources Aotearoa chief executive John Carnegie says it would only protect the sector from pernicious future policy changes. "Oil and gas exploration companies are worried that any investment they make in New Zealand could be eroded or stripped away if the Government changes." LISTEN ABOVESee omnystudio.com/listener for privacy information.

An oil and gas lobby group has asked the Government to underwrite the risk of fossil fuel exploration, with the taxpayer potentially taking "some or all" of the risk if new gas supplies fail to eventuate. Climate Change Correspondent Eloise Gibson spoke to Ingrid Hipkiss.

Resource minister Shane Jones is considering a request from the gas and oil lobby to underwrite the risk of fossil fuel exploration. Green Party co-leader Chlöe Swarbrick spoke to Ingrid Hipkiss.

In this week's episode, I sat down with Andrew Jeffery, a seasoned real estate investor with over 15 years of experience across multiple asset types and markets. Andrew shared his unique perspective on the current real estate landscape, drawing parallels to his firsthand experience working on a subprime mortgage-backed securities desk during the 2008 financial crisis.We dove deep into Andrew's approach to acquisitions, discussing how he quickly screens deals and what he looks for in offering memorandums. He also shared valuable insights on pitching deals to investors and the importance of crafting a compelling story that resonates with your audience.Key takeaways for this episode: - Andrew's conservative approach to leverage, shaped by his experience during the GFC - Strategies for underwriting and acquiring properties in rent-controlled markets like San Francisco - The importance of defining your investment criteria and quickly filtering deals - Crafting a compelling fundraising pitch that resonates with investorsAre you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate PartnersConnect with Andrew:Visit him on X (formerly Twitter)Check out his random insights on SubstackLearn more about Millfork Advisors

In this episode, you'll meet Shari Heilala — the founder of Sage Outdoor Advisory, an appraisal services consultancy for campgrounds, glamping resorts, and experiential hospitality companies.  With over 30 years in commercial real estate, Shari shares her journey from valuing hotels at Cushman & Wakefield — one of the world's largest commercial real estate services firms — to becoming a leader in the unique stays space, helping hospitality entrepreneurs navigate the complexities of financing and underwriting innovative properties. Shari dives into the growing demand for nature-immersive stays, the challenges of securing investment for unconventional assets, and why institutional capital is starting to take notice of this emerging market. She also explores the resurgence of independent hoteliers, driven by a new wave of creative entrepreneurs who are blending luxury, design, and outdoor experiences to redefine hospitality. Whether you're a budding hospitality entrepreneur or a seasoned investor, Shari offers invaluable insights into how to build a successful, data-driven strategy in this evolving, exciting, and at sometimes murky space. Connect with Shari Learn more about Sage Outdoor Advisory This episode is brought to you by Enso Connect My new friends at Enso Connect have created a tool that's putting AI to work in a way that's saving hospitality pros countless hours every week. Here's how it works: Enso Connect's Guest Messaging Insights tool dives into your guest messages across all booking platforms. Using AI, it analyzes these interactions and pulls out hidden opportunities that you might be missing. And the best part? It's FREE, and you'll get your personalized report in just 72 hours. Here's what this AI-powered report will do for you: Analyze your message volume so you can see exactly where your time is going. Break down common guest questions, giving you the info you need to improve your property listings and FAQs. Provide sentiment analysis to understand how guests feel and spot potential issues before they escalate. Offer personalized recommendations that highlight upselling opportunities you might have overlooked, allowing you to tailor your services more effectively. Get the report  About the Show Behind the Stays is brought to you by StayWatch — the internet's best resource for deals on Airbnb, Vrbo, and Booking.com. You can subscribe, for free, at www.staywatch.ai Behind the Stays is hosted by Zach Busekrus, Co-founder of StayWatch, you can connect with him on Twitter at @zboozee or on LinkedIn. 

Want To Crush It As A Multifamily Real Estate Agent And Work in our NEW Orange County Office ? Book a Call & Apply Here! -  https://calendly.com/jasonleerealestate/60min?month=2024-08 We Are Actively Buying! Brokers please email me if you have a property. You can always represent us - jason@jlmcre.com.  Book a Call Here if you would like to invest with us!  https://calendly.com/jasonleerealestate/call-with-jason?month=2024-08  Welcome to today's podcast! Today, we will be going over some very important information! I will be teaching you all how we underwrite deals! It takes a while at first but with practice you will be doing these in a few minutes! I recommend you go and watch it on my YOUTUBE channel to visually see the actual numbers! Being able to underwrite deals at a fast pace will help your career significantly, I advise you take notes and learn this great skill as fast as possible!  Let's dive right in!  Let's connect on social media! 

We always preach to know, like, and trust who you're investing with, but it may be more important to understand what you are investing in and how the business plan can succeed. Just because the sponsor says it's a good deal doesn't make it a good deal. You need to understand the numbers and what makes it a good investment. Warren Buffett doesn't just invest in companies because he likes the CEO and neither should you. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

For this edition of Friday Feedback, we address some of your most pressing queries, going over subjects like managing workload while expanding your portfolio, choosing multifamily properties with the best return on investment, and modifying underwriting techniques in the present market.We break down the key factors to consider when renovating multifamily properties, share insights on navigating the changing market landscape, and provide valuable advice on balancing property management with portfolio expansion.Here are some of the questions we've received:01:09 - "I'm looking to set my budget for an upcoming project that I'm closing, and I want to allocate my dollars most effectively towards the highest ROI renovations within the property. Can you talk about what you found to be the highest ROI return on investment renovations when renovating a multifamily property?"08:22 - "I don't have confidence in my underwriting right now when I'm looking at deals, having a hard time figuring out what to pay. And I don't know how to adjust my underwriting given the changes in the marketplace."12:47 - "I am getting burnt out with managing my own units while also trying to grow my portfolio, such as finding deals, underwriting deals, meeting investors, etc. How do you recommend I manage the workload so that I don't burn myself out while trying to grow my business?"Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

>>> Watch our free Revenue Management training at https://www.getpaidforyourpad.com/cfm-replay>>> FREE E-Book: 5 Most Common Airbnb Revenue Management Mistakes>>> Click here to download Kenny Bedwell, founder and CEO of SDR Insights, shares his expertise on analyzing short-term rental properties. He emphasizes the importance of understanding the market revenue drivers and studying the data to identify the key factors that drive revenue in a specific market. Kenny recommends evaluating properties based on a range of potential revenue, rather than a single number, to account for different scenarios. He also advises investors to look in the right markets, evaluate enough properties, and have a consistent deal flow to find profitable short-term rental deals.TakeawaysUnderstand the market revenue drivers and study the data to identify the key factors that drive revenue in a specific market. Evaluate properties based on a range of potential revenue, rather than a single number, to account for different scenarios. Look in the right markets, evaluate enough properties, and have a consistent deal flow to find profitable short-term rental deals.Before we wrap up today's episode, remember to connect with us on Instagram @getpaidforyourpad for exclusive content and behind-the-scenes moments, and don't forget to hit that 'Subscribe' button on our YouTube channel. We appreciate your support.. Stay tuned, and keep being awesome!Chapters00:00 Introduction and Background06:11 Analyzing Properties: Gross Revenue and Gross ROI11:46 Cash Flow vs. ROI Percentage29:26 Final Thoughts and Conclusion Hosted on Acast. See acast.com/privacy for more information.

Episode 3557: Billionaires Underwrite The Protests On College Campuses

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! Ready to go from a Good to Great STR Investor? Download the same exact Proforma both Jon “The Bank Whisperer” Hodge and I both use to Underwrite our personal investments and for Rivan Capital group. Free Training included with this free download. Download Here - https://buildstrwealth.com/proforma This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode, Bill sits down with Arthur Kolker, founder of StayFi, a company providing solutions for short-term rental hosts to grow their business by building an email list and maximizing guest data. They discuss the importance of guest data, value of Staphy, and other integrations like the homepage, Hostco, and Viator that can generate additional revenue. Arthur also shares insights from his marketing background, the story of StayFi's inception, and how it caters to all sizes of property managers. The usefulness of Staphy for remarketing to guests and the possibilities it holds for future growth are addressed. 00:00 Introduction and Guest Introduction 00:12 The Importance of Marketing Tools in Short Term Rentals 00:43 Meet Arthur Kolker: The Founder of StayFi 01:11 Understanding StayFi and Its Benefits 01:47 The Power of Email List Building 03:21 The Birth of StayFi: Arthur's Journey 05:35 StayFi's Growth and Impact 07:18 StayFi's New Platform: Homepage 11:38 The Value of Email Lists Beyond Email Marketing 13:39 StayFi's Presence in Upcoming Conferences 15:37 Closing Remarks and Appreciation Watch this episode on our YouTube Channel Every Tuesday & Friday https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! Ready to go from a Good to Great STR Investor? Download the same exact Proforma both Jon “The Bank Whisperer” Hodge and I both use to Underwrite our personal investments and for Rivan Capital group. Free Training included with this free download. Download Here - https://buildstrwealth.com/proforma This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode, Bill Faeth discusses the importance of understanding who the target customers are in the short-term rental business. This includes knowing demographic information such as whether the booking market is male or female-dominated and what cities they are coming from. Bill emphasizes the need to think about who will be renting the property from start to finish and to design and market the property accordingly. Much of the discussion revolves around targeting 'Wealthy Wendy', a persona representing the majority female bookers at his properties. Bill also talks about the amenities and features of a property that can make a significant difference in customer satisfaction, such as comfortable blankets, paper plates, a personalized coffee bar in the master suite and a boot warmer. Apart from physical additions, he also mentions the use of analytics and data to improve service offerings and customer understanding. 00:01 Introduction and Overview 00:15 The Importance of Marketing and Positioning 00:52 The Investment Process and Property Selection 02:24 Understanding Your Ideal Buyer 02:51 Focusing on the Guest Experience 03:09 The Importance of Property Location and Design 03:56 Understanding Your Market and Target Audience 06:42 Creating a Comfortable and Memorable Stay 08:28 The Power of Small Details in Hospitality 13:04 Leveraging Reviews for Continuous Improvement 13:43 Conclusion: The Competitive Advantage of Going the Extra Mile Watch this episode on our YouTube Channel Every Tuesday & Friday https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 187 -  How to Underwrite Deals in Today's Market

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! Ready to go from a Good to Great STR Investor? Download the same exact Proforma both Jon “The Bank Whisperer” Hodge and I both use to Underwrite our personal investments and for Rivan Capital group. Free Training included with this free download. Download Here - https://buildstrwealth.com/proforma This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode, Bill Faeth, an experienced real estate entrepreneur, shares key elements necessary for success in short-term rental investments. He stresses treating each property as an individual business and highlights four core components: Market Selection, involving choosing a location, submarket, and property counts; Underwriting, where thorough diligence and periodic cash on equity audits are essential; Marketing, engaging in promotional strategies such as buy-sell-trade groups, and email marketing; and Revenue Management, focusing on strategies like leveraging cancellation policies, optimizing pricing and managing expenses to maximize net income. Bill emphasizes the importance of keeping these elements in balance to transition from being an average to a successful real estate investor. 00:01 Introduction and Background 00:46 The Journey of Real Estate Investment 01:26 The Importance of Experience and Learning in Investment 02:06 The Reality of Real Estate Investment 05:22 The Importance of Market Selection 06:38 The Story of a Successful Investment 06:48 Understanding Sub Markets 12:21 The Importance of Underwriting 22:17 The Role of Marketing in Real Estate Investment 27:15 The Importance of Revenue Management 34:13 Conclusion and Final Thoughts Watch this episode on our YouTube Channel Every Tuesday & Friday https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's export guest is Tanya Rooney, a creative real estate seeker, life guide and owner of BAFS Real Estate + Yay You're Here Properties. We're thrilled that she's taken the time to join us today to talk about a very important, and very on-trend, topic in our industry: motels and mid-term rentals.She gives us the low down on a painstaking deal that did NOT go through, sharing important lessons so you can better understand and take action on your own real estate opportunities in the future. We're talking underwriting, we're talking numbers, we're talking inspections – all the juicy behind-the-scenes nuance that you won't see on TikTok or in YouTube comment sections. Tanya joined our membership years ago and has always been a champion of masterminds, really leveraging the power of networking. She's a great resource for other hosts and a perfect example of how, even when things don't go exactly as planned, they can be of benefit to our end goals.(00:01:26) #STRShareSunday: @elylogcabin(00:05:42) BTS of Tanya Rooney's Short-Term Rental Business(00:12:34) Setting Up an Exciting New Real Estate Deal (00:24:36) Inspecting a Potential Motel Acquisition (00:26:58) Leveraging Her Network to Underwrite the Deal (00:35:29) Interior Design on a New STR Space(00:37:53) When (and How) a Motel Deal Breaks Down(00:44:37) Important Lessons & Tough Takeaways (00:50:28) Making the Magic Happen Through NetworkingResources:• Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!• Airbnb Essentials Checklist: hostchecklist.com• #STRShareSunday: @elylogcabin• Sign up for STRInsights: app.strinsights.com• Instagram: @tanyarooneymn• Get ahold of Tanya: tanyarooney.com• Yay You're Here Minnesota: yyhmn.com• Read: Hospitable Hosts 3• Mike Hicks: Instagram and TikTokThanks for Visiting is produced by Crate Media.Mentioned in this episode:Host Checklist | Grab our Airbnb Essentials Checklist and make stocking your Airbnb a breeze – we've got all your hosting needs covered!Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.Visit MinoanExperience.com and tell them TFV sent you!Hostfully | Go to https://www.hostfully.com/influencers/thanks-for-visiting/ and use TFV100 to get $100 off your subscription.Join us for our live, free, host masterclass and learn how to OWN your digital real estate! Sign up at

Explore the highs and lows of property investing in this kickoff episode, where we take an in-depth look at a real estate auction. Stay tuned as we share firsthand experiences and priceless insights to prepare, secure funding, and place winning bids in the competitive real estate arena.    Topics on Today's Episode How to manage real estate financing and deal opportunities  The power of being a servant leader as an entrepreneur  Actionable steps to prepare yourself for a property auction  Key lessons from Corey's successful property auction bid Qualities an investor must have when making investment decisions    Resource/Link mentioned Chandler Compadres    Want to invest alongside the Kahuna Investments team? Save your spot in our upcoming webinar, where we discuss how you can join our Private Investor Club and get access to our deal rooms exclusively. Now's your chance to start apartment investing, so visit kahunainvestments.com/webinar to register!   Take the first step towards financial success by learning more about Kahuna Investments, and if your investment goals align with our formulas and approaches – book a short 15-minute Virtual Coffee call with us at kahunainvestments.com/coffee today!    Are you ready to experience the cash flow life? Just text “BOOK” to (480) 500-1127 to get a FREE copy of Corey's book, Copy Your Way to Success, and learn how apartment investing can change your life today!   Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard, please leave a review on iTunes.

In the newest episode of The Employment Law Counselor collaboration with Professional Liability Underwriting Society, Jeff Stewart sits down with Chris Williams from Travelers to understand how insurers underwrite EPLI policies, including what information they need, what factors they look at most, and even what industries they may stay away from. In addition, Chris and Jeff preview PLUS's upcoming EPLI symposium.

Listen to this episode with Vessi Kapoulian as we talk about insider tips and strategies to elevate your underwriting and the perks of investing in multifamily real estate. You'll also hear how to negotiate with lenders and evaluate deals smartly, so don't miss out on our conversation!     Key Takeaways To Listen For The beauty of real estate investing Criteria that lenders use in assessing real estate deals Unspoken elements you must know when negotiating with lenders What you shouldn't miss out on when underwriting deals Advantages of actively and passively investing in real estate     Resources/Links Mentioned In This Episode Lifetime Cashflow Academy 10x Is Easier Than 2x by Dan Sullivan and Dr. Benjamin Hardy | Kindle, Hardcover, and Paperback Tax-Free Wealth by Tom Wheelwright | Paperback and Spiral-bound     About Vessi Kapoulian Vessi Kapoulian is a speaker, passive investor, and the founder of Dream Believe Achieve Capital Group, a Los Angeles-based real estate investment company. With 15 years in commercial lending and 4 years in business management, Vessi entered real estate in 2017. She now manages a portfolio of 319 doors across 7 properties in Florida, Tennessee, and Georgia, totaling $35.5MM AUM.    Vessi's approach includes diversifying investments, achieving tax efficiencies, and leaving a lasting legacy. Vessi holds a Bachelor's degree from the University of Arkansas and an MBA from Northwestern University.     Connect with Vessi  Website: DBA CAPITAL GROUP LinkedIn: Vessi Kapoulian     Connect With Us If you're looking to invest your hard-earned money into cash-flowing, value-add assets, reach out to us at https://bobocapitalventures.com/.     Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554

If you want to know how to get investors on board with your deals, this is the time to listen… Ilya Gamer is a powerhouse in the online investment realm as Managing Director at CrowdStreet… And today, I unlock the secrets Ilya has uncovered that allow sponsors to get deals done on CrowdStreet's online marketplace, which has raised over $4.3 Billion in equity across 770 diverse deals. Here's the thing: if you want investors to jump on board, you have to inspire confidence.  Enthusiasm is key—share your excitement and make that deal irresistible.  It's all about relationship building and letting investors get to know the real you.  Before the raise, you have to set the stage…  It's best to under-promise and over-deliver. Underwrite, educate, and share why this deal matters to you… Pinpoint what makes your deal unique and use that to your advantage as a marketing initiative. During the raise, remember that it's a marathon, not a sprint… There is way less competition in the marketplace today, so take the opportunity to make your deal stand out. And no matter what tough situations arise, always continue communicating with investors… Good reporting is a balancing act between the narrative and the numbers of the deal. Keep your investors engaged and show them you are the sponsor to trust with their capital. Tune in today to discover how to navigate the market as a sponsor and scale your business from an online marketplace! Take Control,  Hunter Thompson Resources mentioned in the episode: Ilya Gamer Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Today's episode is a live training from within the Action Academy Community with James Richardson ( @bizbuyingbrit )Want To Quit Your Job, Build Your Own Business, And Travel / Impact The World?Check Out The Action Academy Community / Schedule A Free Intro CallLearn How To Buy Real Estate & Businesses In 5 Minutes Per Week:Join Our Weekly Newsletter Follow Me As I Travel & Build:Twitter @theactionpodIG @brianluebbenTiktok @brianluebben

How do you decide what a property is worth? Join Pat for a walk through the acquisition underwrite for The Owen and the three steps to determining the target and not to exceed values for an acquisition.If you would like to learn more about The Owen, or register for weekly "sneak peaks" at upcoming episodes, email Pat at Pat@MaraPoling.com.

In this episode of The New 1% Podcast, host Timmy Douglas shares a strategic approach to purchasing a business that generates $179,000 in annual cash flow for an investment of only $25,000. Reel: Timmy starts the episode by directing listeners to BizBuySell.com and introducing them to a specific opportunity: a massage school in the DFW area. He highlights the importance of assessing competition and demand while considering the business's positioning in the market. Key Steps: Timmy outlines the key steps involved in this business acquisition strategy: Clarify Competition and Demand: Evaluate the level of competition in the area and understand the demand for the business's services. Timmy provides practical tips for gauging these factors. Assess Expenses: Timmy emphasizes the importance of examining the business's expenses, especially when the cash flow seems unusually high relative to the purchase price. He suggests potential ways to differentiate the offer. Underwrite with Your Team: Timmy advises assembling a team, including an accountant, lawyer, equity partner, and possibly a due diligence company, to thoroughly underwrite the deal. Differentiate the Offer: Timmy discusses how you can stand out by helping massage therapists with lead generation once they graduate from your school. This added value can make your offer more appealing. Podcast: Throughout the episode, Timmy addresses listener questions, such as how to clarify competition and gauge demand, what to look for in expenses, and how to differentiate the offer effectively. He also explores ways to help massage therapists succeed in their careers and make money beyond just becoming massage therapists. Listeners will gain valuable insights into this unique business acquisition opportunity and learn how to approach similar deals successfully. Join The New 1% soft launch team at workwithtimmydouglas.com This is for the people looking to buy a business at some point, but not in the next 12-24 months. The impact here is in spreading the word until you can commit to doing the work Get a FREE Community Investing Course that will set you up to reap the rewards without doing the work by leveraging people and technology. If you're looking to buy a business in the next 12 months, DM me @timdouglas924 on IG and join the hard core launch team, limited to 100 people! We only take 5 per month… so hurry and DM to join the waitlist Here you'll get the following for FREE access to a list of Private money partners for buying businesses that I'm building a due diligence checklist a community of people committed to buying businesses essential contacts in major cities for due diligence FREE Courses on how I would do my proprietary search and build my private money partner list. --- Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

In this episode of The New 1% Podcast, host Timmy Douglas shares a strategic approach to purchasing a business that generates $179,000 in annual cash flow for an investment of only $25,000. Reel: Timmy starts the episode by directing listeners to BizBuySell.com and introducing them to a specific opportunity: a massage school in the DFW area. He highlights the importance of assessing competition and demand while considering the business's positioning in the market. Key Steps: Timmy outlines the key steps involved in this business acquisition strategy: Clarify Competition and Demand: Evaluate the level of competition in the area and understand the demand for the business's services. Timmy provides practical tips for gauging these factors. Assess Expenses: Timmy emphasizes the importance of examining the business's expenses, especially when the cash flow seems unusually high relative to the purchase price. He suggests potential ways to differentiate the offer. Underwrite with Your Team: Timmy advises assembling a team, including an accountant, lawyer, equity partner, and possibly a due diligence company, to thoroughly underwrite the deal. Differentiate the Offer: Timmy discusses how you can stand out by helping massage therapists with lead generation once they graduate from your school. This added value can make your offer more appealing. Podcast: Throughout the episode, Timmy addresses listener questions, such as how to clarify competition and gauge demand, what to look for in expenses, and how to differentiate the offer effectively. He also explores ways to help massage therapists succeed in their careers and make money beyond just becoming massage therapists. Listeners will gain valuable insights into this unique business acquisition opportunity and learn how to approach similar deals successfully. Join The New 1% soft launch team at workwithtimmydouglas.com This is for the people looking to buy a business at some point, but not in the next 12-24 months. The impact here is in spreading the word until you can commit to doing the work Get a FREE Community Investing Course that will set you up to reap the rewards without doing the work by leveraging people and technology. If you're looking to buy a business in the next 12 months, DM me @timdouglas924 on IG and join the hard core launch team, limited to 100 people! We only take 5 per month… so hurry and DM to join the waitlist Here you'll get the following for FREE access to a list of Private money partners for buying businesses that I'm building a due diligence checklist a community of people committed to buying businesses essential contacts in major cities for due diligence FREE Courses on how I would do my proprietary search and build my private money partner list. --- Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

Craig Drummond is a seasoned professional with over 20 years of experience in the high-tech industry, specializing in business intelligence, analytics, and program management. Currently serving as the Director of Operations & Acquisitions Specialist at CREE Capital, Craig leverages his extensive real estate investment experience to identify opportunities and drive strategic initiatives. Additionally, he has developed a suite of underwriting tools that enable multifamily investors to analyze and research investment opportunities with precision. With a passion for delivering exceptional results, Craig's expertise and dedication make him a valuable asset in the high-tech and real estate investment domains.   Here's some of the topics we covered:   Craig's Background In Data Analysis The Multifamily Analyzer Announcement The Importance Of Projecting Cap Rates Projected Rent Increases For 2024 The Return Metrics Investors Are Looking For How The Multifamily Analyzer Works   To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com    Please Review and Subscribe  

In this episode, I discuss why using yield on cost is the easiest way to quickly underwrite potential deals. Additionally, our newest offering is live! If you'd like to learn more about this deal, please use this link. Are you tired of competing with other buyers and waiting on brokers to send you deals? Want to learn exactly how you can find more discounted multifamily deals than you know what to do with? Click here to check out our Off-Market Multifamily Deals course, where we teach investors how to develop a robust pipeline of discounted, off-market multifamily deals in six weeks or less. Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.   Connect with Axel: Follow him on Instagram Connect with him on Linkedin Learn more about Aligned Real Estate Partners

This episode of the Investing Advantage Podcast examines how to calculate the worth of a real estate development project. This episode explores the seven-step process for calculating a back-of-the-envelope (BOE) analysis to evaluate a new townhouse project. Learn about key terms such as cap rate, debt cover ratio, and cash on cash return and how to use leverage to maximize returns. Receive tips on hiring consultants and understand return expectations as well as testing assumptions and understanding risk profiles. Tune in now to get the advice you need for investing in commercial real estate!   [00:00 - 07:53] Calculating Your Return on a Townhouse Development • Cap rate is the return you receive if you purchase a property all cash • Debt cover ratio is your NOI divided by principle and interest payments • Cash on cash return is based on whether or not you have leverage debt or no debt • Factors that influence cap rates include risk, future upside, and future downside • Debt to yield ratio is helpful to understand the perspective of a bank   [07:53 - 15:32] Calculating a Five-Minute Back of the Envelope for a Townhouse Development Project • Cap rate is calculated by dividing the NOI by the property value • Debt to yield is calculated by dividing the income by the debt given • The art of evaluating properties comes with experience and understanding of the market • Calculating a five minute BOE involves seven steps such as purchase price, NOI, debt, equity, free cash flow, ROI and principle paydown   [15:33 - 23:09] Understanding the Impact of Leverage on Returns • Small changes in interest rates, cap rates and rents can affect the valuation significantly • Run the numbers first before buying land to understand how much you can pay for it   [23:10 - 28:55] Taking the Next Step in Commercial Real Estate Investing • Understand return expectations and risks associated with the project • Engage a contractor, lender, commercial broker and leasing agent • Use financial calculator or app to calculate costs and revenue • Build a team of professionals who are committed to the project • Test assumptions and understand risk profile • Get clarity on cash on cash basic metrics • Understand discount rates and IRRs   You can connect with me on LinkedIn, follow me on Twitter, and watch my videos on YouTube. If you want to go even deeper into the world of commercial real estate, head over to Shane Melanson, a roadmap to investing in commercial real estate! Get my book Club Syndication - How The Wealthy Invest Their Money     LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or clicking here to listen to our previous episodes.         Follow The Game for Real Estate Developers & Investors Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel.       Tweetable Quotes: "There's like a science and an art. Today I'm really just focused on the science which is just the numbers. The art is evaluating the assumptions because as you'll see there's many assumptions. I'm only pointing out a few because literally this is something that takes years to really master." - Shane Melanson

  What are we reviewing when we Underwrite and Loan?  Being familiar with the following will be your key to homeownership.1.  Credit2.  Debt3.  Income4.  Collateral  *******Eligibility refers to meeting the necessary criteria or requirements to qualify for a particular benefit, opportunity, or service. For example, when applying for a home loan or a credit card, there are specific eligibility criteria that individuals must meet to be considered for approval.  On the other hand, Affordability refers to the ability to afford or comfortably pay for something. It takes into account an individual's or household's financial resources, income, expenses, and overall financial situation.Subscribe to my new Youtube channel, "The Mortgage Motivation Podcast"https://www.youtube.com/@TheMortgageMotivationPodcastClick the link below to getGary's Digital Business CardGary Taylor | Co-Founder | Mortgage BrokerAffluent Mortgage LLCD:302-469-0709gary@affluentmtg.comwww.affluentmtg.com

On today's episode, Jake breaks down how DoveHill Capital Management underwrites Hospitality Deals. He details how they evaluate both the qualitative & quantitative factors of a potential asset, including price, historical performance, revenue trends, and expenses. He also explains how they model deals, identify Capex issues, how they structure deals, and their investment committee process. Finally, he wraps up with mistakes they've made in the past and how you can avoid them. Enjoy! Links: Smith Travel Research FRED (Federal Reserve Economic Data) CoStar Connect & Invest with Jake: Follow Jake on Twitter Take the Hospitality Investing Masterclass Learn How to Invest with DoveHill Topics: (00:01:02) - Introducing our first solo show! (00:02:19) - Defining Underwriting (00:03:32) - What happens when a deal comes into DoveHill: Evaluating the qualitative factors of a potential asset (00:11:11) - Quantitative Factors: Price, historical performance, revenue trends, and expenses (00:20:17) - Modeling: Back of Napkin method (00:23:02) - Implementing the in-house management team & identifying Capex issues (00:30:14) - Underwriting the Capital Structure (00:32:57) - The Exit Scenario & Stating Risks (00:35:40) - Easy mistakes to make (00:40:29) - The investment committee process (00:42:53) - The importance of timing (00:44:35) - Closing thoughts & Call to action

Welcome to the Managing CRE Risk podcast with Jeremy Goodrich. Our guest is Shannon Robnett, a real estate developer and syndicator with over 35 years of experience. Shannon shares his advice on becoming a successful syndicator, selecting top-notch service providers, and managing risk in the current market. You don't want to miss out on this episode!  Learn more about Shannon and his story at shineinsurance.com/managing-commercial-real-estate-risk! “I don't like paying taxes. I'm very patriotic, but to me, that's not a patriotic duty.“   01:13 Shannon is a fourth-generation realtor. For a while, he didn't want to work in real estate, however, after completing college, he recognized the immense financial potential within the industry.    Over the course of his 35-year career, Shannon has taken on various roles, including overseeing construction projects, working as a developer and multifamily asset manager, and investing in many deals. He started syndicating in the last few years. “The first thing that I try and do when I talk with an investor is make sure that they understand who they are.”   06:23 Shannon shares his best pieces of advice on how to become a successful syndicator. Find a mentor and work up to your goals slowly but steadily. Understand what kind of investor you are, how high your risk tolerance is, and what type of deals fit your lifestyle. If you've lost money, figure out why, and don't do that again.  “When you're underwriting correctly, if everybody's doing it, it's probably a really good time to not be doing it.”   20:40 Shannon shares his insights on selecting top-notch service providers while minimizing associated risks within your team. His advice is to prioritize expertise and experience over cost. Also, always think at a higher level about your business and look for the most dedicated service providers with good track records.   Towards the end of the episode, Shannon shares his risk mitigation strategies in the current market. He's always managed risk from an 8-cap standpoint. If he can't get an 8-cap on the investment, he won't pursue it. He's emphasizing not being influenced by the market and having a solid underwriting strategy. About our guest, Shannon Robnett Shannon is a Real Estate Developer and Syndicator with a principal focus on Multifamily and Industrial real estate in the greater Boise area. His accomplishments include: Involved in Boise Real Estate Market for 35+ years 2nd Generation Builder & Developer 4th Generation Realtor Involved in over $250MM in construction projects ranging from multi-family, office buildings, and municipal buildings to schools, industrial projects, and mini storage A history of over $140MM in successful developments Has under management over $100MM with a wide range of investors Mentioned in the show: shannonrobnett.com Robnett's Real Estate Rundown His LinkedIn Shineinsurance.com www.shineinsurance.com/managing-commercial-real-estate-risk Jeremy's LinkedIn Need an instant insurance ballpark for your next Multifamily deal?! Answer 9 simple questions and we'll give you a sense of what insurance should be. Visit us here for everything you need to know: https://www.shineinsurance.com/ballpark/    Special thanks to Shannon Robnett for taking the time to share so many great insights with us   If you enjoyed this podcast, there's a couple of things we need you to do right now:  ·   SUBSCRIBE to Managing Commercial Real Estate Risk on Apple Podcast, Spotify, or wherever you listen to podcasts  ·   While you there, please RATE & REVIEW the show  ·   SHARE with friends ·   Finally, please, JOIN the Managing Commercial Real Estate Risk Facebook Group Then, please share the show with whoever you think it will inspire. Until the next time, We truly appreciate you listening. Need the CRE Insurance Guy? More great stories & information at: Youtube – Blog – Podcast If you enjoyed this episode, then you'll love these ones: The Future Of Commercial Real Estate, With Shannon Robnett 112: Quadrant Of Risk 113: 1031 Exchange In Kansas City, With Alex Olson  

Do you ever wonder what it takes to bring a real estate deal to investors? In this episode, Justin explores the two-phase process of syndication and how operators need to carefully vet deals before finding a suitable property. He discusses the difficulty of sustaining rent growth when tenant incomes remain stagnant, and how only 1% of all deals meet an operator's criteria. He explains how he uses data such as crime rates, income levels and job growth to evaluate a potential deal. Plus, learn why it can take up to 30 days or more for legal teams to iron out all the details of the purchase and sale agreement. Tune in for an in-depth look at the process for bringing real estate deals to investors through syndication.Key Highlights:[00:01 - 02:05] Uncovering the Extensive Process Behind Syndication Deals: What Goes Into Bringing a Great Deal to Investors?• Process of bringing a deal before investors is extensive• Two phases: getting the deal under contract and contracted phase• Finding the deal is the biggest part• Underwrite a ton of deals to find great deals• Creating pro forma incomes, projecting expenses, bringing together insurance and taxes, operating expenses• Analyzing crime, income, job growth, and tenant baseKey Quotes:"By doing our physical inspections, that means we're bringing in more contractors, we're bringing inspectors, engineers, or anything else that the property needs." - Justin MoyDownload our FREE ebook, The Definitive Guide To Passive Real Estate Strategies.Check out our Multifamily Syndication Group, and sign up for our NEWSLETTER.Want to invest with us? Schedule a brief call here. Get in touch: Justin@arealminvestor.com and let me know what topics you'd like me to cover or what guests I should have on.If you like our content, please give us a rating on the platform you're listening on!

Rick Ofman has over six years of experience in commercial real estate and is a Director at Essex Realty Group. Rick kicks things off by defining underwriting and associated terminology. He provides a thorough breakdown of income, expenses, and necessary assumptions. Rick shares insight on forecasting variables such as rehab costs, rent increases, and tax increases to name a few. He explains some valuation terms such as gross rent multiplier (GRM) and cap rate and the impact that interest rates have on these metrics. Rick closes with a bullish outlook on projected rent growth in Chicago and emphasizes the importance of teaming up with a broker that is transparent and has your best interest in mind!  If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Rick Ofman, Essex Realty Group Link: And Then We Had Kids (Podcast Recommendation) Link: Matt Cohen (Network Recommendation) Sponsors: State Farm and Essex Realty Group ----------------- Guest Questions 04:40 Housing Provider Tip: Consider hiring a process server to best utilize your time! 07:34 Intro to our guest, Rick Ofman! 09:24 What is the definition of underwriting? 10:54 Rick discusses making assumptions and explains other variables during underwriting! 19:54 How are expenses underwritten? 23:18 What are some additional underwriting considerations when evaluating C/D class properties? 23:57 Rick explains “hard” and “soft” costs! 32:37 How can buyers accurately determine utility costs?  34:34 What is the next step in underwriting after determining income and expenses? 46:09 How have rental “seasons” varied over recent years in Chicago? 50:02 How is Rick forecasting expense increases for buyers/owners? Wrap Up Questions 52:42 What is Rick's competitive advantage?  54:02 One piece of advice for new investors. 54:26 What do you do for fun? 54:34 Good book, podcast, or self development activity that you would recommend?  55:30 Local Network Recommendation? 55:50 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Mike Taravella has been a Big 4 Accountant, a CFO to 10+ Startups, and now owns 600+ Multifamily Units.....at 31 Years old.Follow Mike!@valueaddmikehttps://www.youtube.com/@valueaddmikeNeed Help With Goal Setting, Vision Planning, or Strategy for 2023?Book a 15 Min Free CallFor Frameworks, Freedom Tips, and Millionaire Financial Breakdowns:Join Our Weekly Newsletter Twitter @theactionpodIG @brianluebbenTiktok @brianluebben

It's crazy how few investors use this metric! Listen to this episode if you want to quickly assess how good a prospective multifamily deal is. Also, stay tuned for an exciting announcement later this week! CONNECT WITH AXEL https://www.instagram.com/multifamilywealth/?hl=en https://www.linkedin.com/in/axelragnarsson/

We discuss China, WAPO attacking private citizens, helping veterans, and more.  Our Guests are: Darren Beattie, Frank Gaffney, Shannon Killian, Ben Harnwell Stay ahead of the censors - Join us warroom.org/join Aired On: 4/20/2022 Watch: On the Web: http://www.warroom.org On Podcast: http://warroom.ctcin.bio On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews 

We discuss China, WAPO attacking private citizens, helping veterans, and more.  Our Guests are: Darren Beattie, Frank Gaffney, Shannon Killian, Ben Harnwell Stay ahead of the censors - Join us warroom.org/join Aired On: 4/20/2022 Watch: On the Web: http://www.warroom.org On Podcast: http://warroom.ctcin.bio On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews 

We discuss Ukraine, food shortages, and more.  Our guests are: Christine Anderson, Noor Bin Ladin, Dave Ramaswamy, Ben Harnwell Stay ahead of the censors - Join us warroom.org/join Aired On: 4/06/2022 Watch: On the Web: http://www.warroom.org On Podcast: http://warroom.ctcin.bio On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews 

We discuss Ukraine, food shortages, and more.  Our guests are: Christine Anderson, Noor Bin Ladin, Dave Ramaswamy, Ben Harnwell Stay ahead of the censors - Join us warroom.org/join Aired On: 4/06/2022 Watch: On the Web: http://www.warroom.org On Podcast: http://warroom.ctcin.bio On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews