Multifamily Legacy Podcast 153: The Basics Of Multifamily Investing: How To Underwrite Properties (Part 4 of 5)
Today we are going to dive into a little bit more of the underwriting side of how to underwrite properties. We are going to give out tips and some rules of thumb on how we do underwriting at Kahuna Investments. We are going to share our insights on what conservative underwriting should look and feel like.
Topics on Today’s Episode:
- Why do we underwrite?
- How emotions play a significant role in buying decisions
- Putting numbers in your calculator
- Rules of thumb for your expense side
- What to underwrite your closing cost
Links and Resources Mentioned
- LoopNet: Commercial Real Estate for Sale, Lease, Auction
- 135: The Importance Of Having A Trusted Mortgage Banking Ally
- Kahuna Boardroom
- Kahuna HQ
- Multifamily Legacy Podcast on YouTube
- Multifamily Legacy Podcast on Facebook
- Join us for our Virtual Apartments To Millions Summit. text "A2M" to 480-500-1127.
Quotes:
“We underwrite to make sure the juice is worth the squeeze ” - Corey Peterson
“If you’re on the gas when you’re supposed to do it a little slower, then there could be some problems in Mexico ” - Corey Peterson
“If you’re sleeping like a baby, because chances are, you’re not.” – Corey Peterson
”live this lifestyle of sunsets and palm trees" - Corey Peterson
“You live and you learn” - Corey Peterson
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.
Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.