For today’s episode, we will be discussing what to do when you have multiple deals to compare.
This week we're covering something for those who are underwriting numbers fanatics.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
"we're always kind of wondering internally, like, what are they looking at on their ends? How are they making this work? Or do they have some sort of business plan that they're going to execute that we didn't even think of?" - Dan Kreuger
"what it was is a classic mistake that a lot of new underwriters make, which is they assumed from day one that they would be able to go and achieve one hundred percent occupancy and do their unit turns in the first quarter" - Anthony Vicino
"They didn't just add a line item in revenue for the bill back. They also decreased their expense line item. Hmm, right? So you're not supposed to double-dip." - Dan Krueger
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