The Multifamily Wealth Podcast #86: The Importance of Operations, What Assumptions Drive Underwriting, and Growing in a Hot Market with Sandhya Seshadri
In this week’s episode, I’m speaking with Sandhya Seshadri, a former electrical engineer who is now acquiring large multifamily in the competitive Dallas/Fort Worth market. Throughout this episode, we discuss what separates mediocre sponsors from great ones, the importance of effective operations, and what Sandhya learned from investing in another sponsor’s deal that went sideways. Additionally, we also talk about which assumptions within a model are actually driving projected return and what questions you should be asking your sponsors/potential partners. This is a great episode!
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TIMESTAMPS:
8:50 - We discuss the importance of verifying the key expenses in your underwriting
12:29 - Sandhya discusses how she vets sponsors
15:27 - We learn what Sandhya believes is her skillset at the macro level and at the applied level
16:25 - We discuss the 3 KPI’s you need to evaluate when looking at a deal from a high-level perspective
18:55 - We learn about Sandhya's best and worst deals and their highlights
22:14 - The importance of getting to know your sponsors
23:52 - Sandhya shares what separates her from other operators
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