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E148: The Art of Underwriting - Robert Beardsley

E148: The Art of Underwriting - Robert Beardsley

FromThe Investor Mindset - Name Your Number Show [$]


E148: The Art of Underwriting - Robert Beardsley

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
35 minutes
Released:
Sep 10, 2020
Format:
Podcast episode

Description

KEY TAKEAWAYS1. To get started you should research and become familiar with income statements and rent rolls. 2.  Take the above information and plug it into a model that will provide you with vital financial data.3. Underwriting is the financial aspect of evaluating an opportunity. It will also allow you to determine your return hurdles and risks. 4. A key contributor to risk is debt. The more debt, the more risk, and we also want to look at the maturity of the debt. For example bridge loans are more risky vs permanent financing.5. Look at business plans and ask: How much are we changing the revenue? We can demand a higher return for more potential risk. 6. The number one way people lose out in real estate is because they can't afford to cover the debt service. 7. The main assumptions that you want to get right are the pro forma rents, rent comps, rent growth and exit cap rate.  BOOKSStart With Why - Simon Sinek https://amzn.to/3bl2IdF LINKShttps://www.linkedin.com/in/rob-beardsley/https://www.instagram.com/rob_beardsleyhttps://www.facebook.com/RobBeardsleyLSChttps://lonestarcapgroup.com/
Released:
Sep 10, 2020
Format:
Podcast episode

Titles in the series (100)

What does it take to succeed when others fail? We explore the stories on Investing that you don’t often hear: The trials and challenges that lead to success and the Mindset it takes to make it. We’ll learn from some of the best investors and entrepreneurs, learning through fire-walking their experiences so we can each setup up our game and be our best self. We focus 80% on the motivation & mindset that leads to success, and 20% on the investing strategies & tactics that get us there. About The Host: Steven Pesavento Real Estate Investors & Entrepreneur has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He fought against those limiting beliefs, that held him back and jumped in to Real Estate with no experience. By modeling the mindset & actions of leaders he looked up to, his Real Estate investing his business exploded, buying 150 houses in his first two years, over $22 Million in real estate transactions. Personal development for real estate investors. Model the top real estate investors, house flippers, multifamily syndicators, wholesalers and landlords. We invite guests from all industries to share their mindset with our incredible community. Join the insider club at: https://TheInvestorMindset.com IG @Investormindset https://Facebook.com/theinvestormindset