Podcasts about underwrite

Financial practice supporting a contract's value

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underwrite

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Best podcasts about underwrite

Latest podcast episodes about underwrite

Multifamily Real Estate Investing
Simple Underwriting presented by Mara Poling

Multifamily Real Estate Investing

Play Episode Listen Later Feb 25, 2025 32:55


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.

The Commercial Real Estate Investor Podcast
300. How to Make Deals Pencil with Today's Interest Rates | Investors Round Table

The Commercial Real Estate Investor Podcast

Play Episode Listen Later Feb 20, 2025 28:00


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.

Burn Your Boats Wealth
Episode 62: Timely 10 - Foreclosure Goldmine: The Deals are Coming. Seize Your Opportunity NOW

Burn Your Boats Wealth

Play Episode Listen Later Feb 14, 2025 26:39


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.

Denver Real Estate Investing Podcast
#550: How To Underwrite A 65-Unit Ground-Up Development | Denver Real Estate Analysis

Denver Real Estate Investing Podcast

Play Episode Listen Later Feb 11, 2025 52:36


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.

Smart Humans with Slava Rubin
Smart Humans: Nectar co-founder and CEO Derrick Barker on investing into real estate debt, how to underwrite multifamily buildings and picking the next hot real estate markets.

Smart Humans with Slava Rubin

Play Episode Listen Later Dec 11, 2024 47:03


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.

First Responders Wealth Network
Module 3 - How to Underwrite 10 unit building example

First Responders Wealth Network

Play Episode Listen Later Dec 9, 2024 51:30


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

Heather du Plessis-Allan Drive
John Carnegie: Energy Resources Aotearoa CEO urges the Government to underwrite oil and gas exploration risks

Heather du Plessis-Allan Drive

Play Episode Listen Later Dec 3, 2024 8:50 Transcription Available


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.

RNZ: Morning Report
Oil and gas lobby group ask govt to underwrite risk of fossil fuel exploration

RNZ: Morning Report

Play Episode Listen Later Dec 1, 2024 4:12


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.

RNZ: Morning Report
Greens on request from oil and gas lobby group for govt to underwrite risk of oil exploration

RNZ: Morning Report

Play Episode Listen Later Dec 1, 2024 5:37


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.

The Multifamily Wealth Podcast
#257: How To Effectively Pitch Deals, Quickly Underwrite Investments, and Navigate Rent Control Laws + How '08 Was Different Than This Cycle with Andrew Jeffery

The Multifamily Wealth Podcast

Play Episode Listen Later Oct 1, 2024 54:43


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

Behind the Stays
How to Finance and Underwrite Unique Stays: Navigating Investment Opportunities in a New Hospitality Landscape

Behind the Stays

Play Episode Listen Later Sep 17, 2024 31:01


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. 

The Multifamily Millionaire: Real Income From Real Estate
Ep. 212 - How to Underwrite Multifamily Properties in a Few Minutes (CRE Broker Training #27)

The Multifamily Millionaire: Real Income From Real Estate

Play Episode Listen Later Aug 22, 2024 18:08


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! 

Pillars Of Wealth Creation
POWC # 695 - Attention Passive Investors - Underwrite Your Deals!

Pillars Of Wealth Creation

Play Episode Listen Later Jun 5, 2024 20:51


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...

The Multifamily Wealth Podcast
#232: Friday Feedback! The Highest ROI Multifamily Renovations, How To Underwrite Deals Today, and Avoiding PM Burnout

The Multifamily Wealth Podcast

Play Episode Listen Later May 17, 2024 18:33


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

burnout roi deals highest jv multifamily renovations underwrite friday feedback aligned real estate partners
Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing

>>> 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.

Bannon's War Room
Episode 3557: Billionaires Underwrite The Protests On College Campuses

Bannon's War Room

Play Episode Listen Later Apr 23, 2024


Episode 3557: Billionaires Underwrite The Protests On College Campuses

STR Unfiltered
Marketing with StayFi

STR Unfiltered

Play Episode Listen Later Mar 8, 2024 18:10


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

STR Unfiltered
Targeting Your Ideal Guest From The Start

STR Unfiltered

Play Episode Listen Later Mar 5, 2024 15:41


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

Small Axe Podcast
187. How to Underwrite Deals in Today's Market

Small Axe Podcast

Play Episode Listen Later Mar 4, 2024 25:51


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

STR Unfiltered
4 Skills You Must Have To Be A Successful STR Investor

STR Unfiltered

Play Episode Listen Later Mar 1, 2024 35:15


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

Thanks For Visiting
337. Broken Motel Dreams: Behind the Scenes of a Failed Real Estate Deal

Thanks For Visiting

Play Episode Listen Later Feb 29, 2024 65:16


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

Multifamily Legacy Podcast
EP266: Win Property Bids Without Breaking the Bank

Multifamily Legacy Podcast

Play Episode Listen Later Jan 31, 2024 28:07


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.

The Employment Law Counselor Podcast
How Insurers Underwrite EPLI Policies

The Employment Law Counselor Podcast

Play Episode Listen Later Jan 18, 2024 18:28


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.

The Wealth Flow
EP64: This is How You Underwrite Multifamily Deals Like a Pro - Vessi Kapoulian

The Wealth Flow

Play Episode Listen Later Jan 11, 2024 43:19


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

Cash Flow Connections - Real Estate Podcast
Lessons Learned After Raising $4.2BN - E765 - CFC

Cash Flow Connections - Real Estate Podcast

Play Episode Listen Later Dec 6, 2023 35:42


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

The Action Academy | Millionaire Mentorship for Your Life & Business
How To Analyze / Underwrite A Small Business To Buy (Lecture Series) w/ James Richardson

The Action Academy | Millionaire Mentorship for Your Life & Business

Play Episode Listen Later Nov 9, 2023 59:13


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

Multifamily Real Estate Investing
The Owen Acquisition Underwrite presented by Mara Poling

Multifamily Real Estate Investing

Play Episode Play 34 sec Highlight Listen Later Oct 24, 2023 29:29


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.

Living the Dream
Buying $179,000 Annual Cash Flow for Just $25,000 - How It's Done

Living the Dream

Play Episode Listen Later Oct 4, 2023 10:12


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

Living the Dream
Buying $179,000 Annual Cash Flow for Just $25,000 - How It's Done

Living the Dream

Play Episode Listen Later Oct 4, 2023 10:12


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

Lifetime Cash Flow Through Real Estate Investing
Ep #836 - You Don't Have Underwrite Your Own Deals Anymore

Lifetime Cash Flow Through Real Estate Investing

Play Episode Listen Later Jun 16, 2023 21:30


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  

The Fundraising Masterminds Podcast
16. Rethinking Event Sponsors: Is There a Better Way to Underwrite Events?

The Fundraising Masterminds Podcast

Play Episode Listen Later Jun 14, 2023 19:54


In this episode of the Fundraising Masterminds Podcast, we'll delve into the world of event underwriting, and explore exactly how you can best use your event sponsors to achieve your fundraising goals! Prepare to have your preconceptions challenged as we debunk common myths surrounding event sponsorship and underwriting. While the idea of having your dinner underwritten may seem appealing, we'll unveil the surprising ways underwriters can inadvertently hinder your fundraising efforts. But don't worry, because we're also going to be exploring solutions to the underwriter problem. It's time to rethink the role of your event sponsors! Get ready to revolutionize your approach to underwriting events as we guide you through a better strategy of utilizing your event sponsors effectively. Whether you're a seasoned event organizer or just starting out, this episode is for you! Tune in to discover exactly how you can leverage your event sponsors to elevate your events to new heights and maximize your fundraising potential. Subscribe to our channel to stay updated on our latest content! ASK US A QUESTION: ⁠⁠⁠https://www.speakpipe.com/fundraisingmasterminds⁠⁠⁠ STOP FUNDRAISING.  Get back to basics with....DEVELOPMENT BASICS The Biblical Basis for Development for Nonprofit Leaders ⁠⁠⁠https://www.fundraisingmasterminds.net/development-basics⁠⁠⁠ NEED HELP WITH YOUR NONPROFIT? Most nonprofits are under-funded.  Even if you think your nonprofit is doing well, we've found you could be doing much better.   However, most nonprofits don't have a clear development strategy that keeps them grounded.  As a result, they "get creative" and "try new things" based on what is popular or trending, or they get comfortable with where they are at and don't realize the dangers they will be facing in just a few short years. The Perfect Vision Dinner Course is a 20-week "live video" course that addresses this problem head on.  The course was developed by Jim Dempsey after 38+ years as a Senior Development Director at Cru.  After Jim had personally done over 2,500 vision dinners in his lifetime and raised over $1 billion worldwide, Jim and Jason have partnered together to bring you Fundraising Masterminds.   Our first course, The Perfect Vision Dinner is a time-tested proven formula that will introduce our development system and grow your nonprofit to its maximum potential. The course includes 20-hours of personalized development coaching from Jim Dempsey and Jason Galicinski and also includes a real-time community group where you have access to everyone attending the course and also our Masterminds throughout the course. The goal for this course is to fully equip you with a Biblical basis for Development so that you can Win, Keep and Lift new partners to higher levels of involvement with your nonprofit. → ⁠⁠⁠https://FundraisingMasterminds.net⁠⁠⁠ FOLLOW US ON SOCIAL MEDIA: → Instagram: ⁠⁠⁠https://instagram.com/fundraising.masterminds⁠⁠ ⁠⁠⁠⁠⁠→ Facebook: ⁠⁠⁠https://facebook.com/fundraising.masterminds⁠ Episode Keywords: partner, sponsor, underwriter, supporter, qualified supporters, benefits, free table, cost of meals, event speaker, negative impacts, giving, testimonies, music, videos, fundraising tool, model, matching gift, fundraising event, corporate sponsors, monthly gifts, fundraising goal, event sponsors, underwriter, event sponsorship, event sponsorship strategy, getting event sponsors, types of event sponsorship, event underwriting, fundraising goals, common myths surrounding event sponsorship, underwriting events, strategies for utilizing event sponsors, event sponsorship strategies, maximize your fundraising potential, rethinking event sponsors, event sponsorship myths, fundraising efforts, utilizing event sponsors, nonprofit tips, event sponsorship startegys. --- Send in a voice message: https://podcasters.spotify.com/pod/show/fundraising-masterminds/message Support this podcast: https://podcasters.spotify.com/pod/show/fundraising-masterminds/support

The Multifamily Wealth Podcast
#154: Underwrite Deals in 60 Seconds Using This Simple Metric + Our Newest Offering is Live!

The Multifamily Wealth Podcast

Play Episode Listen Later May 26, 2023 12:05


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

The Investing Advantage Podcast
How to Underwrite a Townhouse Development in 5 Minutes

The Investing Advantage Podcast

Play Episode Listen Later May 19, 2023 29:04


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

The Mortgage Motivation Podcast
Episode 27: Eligibility VS Affordabilty

The Mortgage Motivation Podcast

Play Episode Listen Later May 19, 2023 9:03


  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

Masters of Moments
#10: Jake Wurzak - How We Underwrite Deals

Masters of Moments

Play Episode Listen Later Apr 26, 2023 49:22


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

REI Clarity
Always Underwrite to an 8 CAP, with Shannon Robnett

REI Clarity

Play Episode Listen Later Apr 25, 2023 33:11


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  

Building Passive Income & Wealth (Through Real Estate)
Behind The Scenes: What Happens Before A Deal Makes Its Way To A Passive Investor

Building Passive Income & Wealth (Through Real Estate)

Play Episode Listen Later Mar 13, 2023 6:06


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!

Chrisman Commentary - Daily Mortgage News
1.18.23 The MBS Basis, Candor's Tom Booker and Tom Showalter on How Every Underwrite is an Anomaly

Chrisman Commentary - Daily Mortgage News

Play Episode Listen Later Jan 18, 2023 18:33 Transcription Available


Candor's patented automated underwriting decision engine, CogniTech™, is a state-of-the-art, 100% machine platform that can handle infinite loan scenarios.  The portability allows clients to plug in the technology wherever an underwrite happens during the loan lifecycle, from point of sale to servicing. Clients can instantly scale to match loan volumes, improve quality to mitigate repurchase risk, & boost liquidity. Candor Can Do

Straight Up Chicago Investor
Episode 189: How To Underwrite Chicago Multifamily Buildings with Essex Director Rick Ofman

Straight Up Chicago Investor

Play Episode Listen Later Dec 29, 2022 58:50


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.

The Action Academy | Millionaire Mentorship for Your Life & Business
How To Underwrite & Scale A Multifamily Portfolio (600 Units+) w/ Mike Taravella

The Action Academy | Millionaire Mentorship for Your Life & Business

Play Episode Listen Later Dec 8, 2022 51:35


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

The Multifamily Wealth Podcast
#112: Use This Metric To Underwrite Any Multifamily Deal in 60 Seconds

The Multifamily Wealth Podcast

Play Episode Listen Later Nov 22, 2022 8:05


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/

Diary of an Apartment Investor
MFB - Why I Underwrite, The Way I Underwrite.

Diary of an Apartment Investor

Play Episode Listen Later Oct 5, 2022 11:14


Taking some time to talk about planning ahead and understanding of what could happen while doing the underwriting.Join our multifamily investing community for FREE for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitansLink to subscribe to YouTube channel: https://tinyurl.com/SubYouTubeDiaryPodcastApple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv Instagram: https://bit.ly/3zvlcWCThis episode originally aired on October 5, 2022---Your host, Brian Briscoe, has been a general partner in 655 units worth $50 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He has developed a multifamily education community called the Tribe of Titans that helps aspiring investors learn the game, network with other like-minded professionals, and get their apartment investing business to the next level. He is founder of Streamline Capital Group, which will continue to acquire multifamily assets well into the future. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021.Connect with him on LinkedIn

Creative Capital
Creative Capital Podcast 194: How To Deeply Understand Your Market & Underwrite Deals In Less Than 10 Minutes

Creative Capital

Play Episode Listen Later Sep 6, 2022 14:59 Transcription Available


Understanding your target market will help you in almost every facet of your business... But helping your investors understand the market as well in a clear and consice format... That will revolutionize your business.  Tune in today to learn more!

The Real Estate Syndication Show
WS1414: How to Underwrite Like an Expert | #Highlights

The Real Estate Syndication Show

Play Episode Listen Later Sep 4, 2022 18:32


Underwriting is such an essential part of any real estate deal. Effective underwriting can be a tool to find deals that may seem insane at first glance but are actually once-in-a-lifetime opportunities. In today's #Highlights episode, we share our conversations again with real estate entrepreneurs Walker Meadows and Mason Moreland. They give valuable tips on how to underwrite a deal like an expert.Walker shares their pre-underwriting work and insights into the underwriting process itself. Meanwhile, Mason shares tips on how he underwrites using Excel and his answers highlight the need for quality over quantity and the power of YouTube learning. Click the play button now!

The Multifamily Real Estate Experiment Podcast
MFREE 009: How do you underwrite multifamily real estate deals? with John Fortes

The Multifamily Real Estate Experiment Podcast

Play Episode Listen Later Jul 21, 2022 43:55 Transcription Available


Given the state of where we are today, the need to underwrite deals conservatively is more crucial now than ever. But how do you know you're being conservative? Listen in as we talk with John Fortes about the metrics you should be evaluating and how to stress test your underwriting in order to move forward with a deal confidently. Our guest today co-founded the Community First Investment Group because he wanted to help others achieve financial freedom. He is passionate about investor relations, education, empowering individuals through self-development, consulting, and officiating basketball games. He has become one of the multifamily thought leaders as he stays current with market trends and continues to build on his expertise in the commercial multifamily space. He is an Advisor on Michael Blank's Deal Maker Mastermind forum on the Slack app. He hosts the podcast, The Passive Investor Show, available on all your favorite podcasting platforms. You can find out more about him, his podcast, and how you can invest with him on his website:Published: Apr. 01, 2020

Jake and Gino Multifamily Investing Entrepreneurs
How To Underwrite A Multifamily Deal Quickly

Jake and Gino Multifamily Investing Entrepreneurs

Play Episode Listen Later May 2, 2022 11:27


On this video, Jake and Gino share their tips and insights to underwrite a multifamily real estate deal quickly. Key Insights: 00:00 Introduction 00:50 How to underwrite a Multifamily Real Estate deal quickly 01:15 Know your market 01:30 Buy Right, Manage Right & Finance Right framework 04:08 Understand market cycles 06:42 Define your buying criteria 08:08 Run it as a process 10:45 Recommended book: Wheelbarrow Profits Get the Jake & Gino books now: https://jakeandgino.com/wheelbarrow-profits-book/ Step up your investing carer, attend our Live Events: https://jakeandgino.com/live-events/ About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $175,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ Henson Flooring: https://www.greatertennessee.com/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.com

Bannon's War Room
Episode 1,797 -The German Governments Involvement And Takedown Of The Libs TikTok; Fink Pushes Military Families To Underwrite The Chinese Communist Party; Robert Reich Meltdown Over Precinct Strategy

Bannon's War Room

Play Episode Listen Later Apr 20, 2022 56:18 Very Popular


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 

Bannon's War Room
Episode 1,797 -The German Governments Involvement And Takedown Of The Libs TikTok; Fink Pushes Military Families To Underwrite The Chinese Communist Party; Robert Reich Meltdown Over Precinct Strategy

Bannon's War Room

Play Episode Listen Later Apr 20, 2022 56:18


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 

Bannon's War Room
Episode 1,763 - Epic Rant On Hunter Biden Laptop From Hell;THE German “Greens” Underwrite Putin's Ukraine War; UN Human Rights Council Approached On 6 Jan. Political Prisoners; The Coming World Famine

Bannon's War Room

Play Episode Listen Later Apr 6, 2022 51:49 Very Popular


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 

Bannon's War Room
Episode 1,763 - Epic Rant On Hunter Biden Laptop From Hell;THE German “Greens” Underwrite Putin's Ukraine War; UN Human Rights Council Approached On 6 Jan. Political Prisoners; The Coming World Famine

Bannon's War Room

Play Episode Listen Later Apr 6, 2022 51:49


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