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209: A Beginner's Guide to Analyzing Big Deals & Building a “Bulletproof” w/Kenneth Donis

209: A Beginner's Guide to Analyzing Big Deals & Building a “Bulletproof” w/Kenneth Donis

FromReal Estate Rookie


209: A Beginner's Guide to Analyzing Big Deals & Building a “Bulletproof” w/Kenneth Donis

FromReal Estate Rookie

ratings:
Length:
61 minutes
Released:
Aug 17, 2022
Format:
Podcast episode

Description

As an investor, finding and closing on a deal is only the beginning, and it sets the tone for how the rest of the deal will go. So what criteria should you have to make finding a profitable deal easier? Once you find a deal that's promising, how do you do your due diligence before submitting an offer? In today’s episode, Kenneth Donis shares his bulletproof process for finding and underwriting profitable deals.Kenneth is the Head of Marketing and Acquisitions in the Donis Brothers’ operation. The Donis Brothers have a little more than 1,000 units under their belt and show no signs of slowing down. Kenneth is responsible for finding those deals, underwriting them, and meeting with brokers. With a growing portfolio, Kenneth’s process has become more efficient, and the proof is in their success.Kenneth breaks down his process into three parts—creating criteria, analyzing the deal before submitting the offer, and submitting a letter of intent. He explains how to create a buy box based on your budget and the importance of ensuring your overhead is covered. Taking to heart just a few of the tips that Kenneth shares today could put you on the fast track to closing on your next big investment property!In This Episode We CoverCreating criteria to find great deals based on your goals and budgetDefining your ”buy box” and what you should include in yoursMultifamily deal analysis and the quotes you’ll need before submitting an offer Drafting the letter of intent and the key elements to a perfect offerHow to build lasting and beneficial relationships with mortgage brokersRaising capital from outside sources and using creative financing to fund your dealsAnd So Much More!Links from the ShowAshley's InstagramTony's InstagramReal Estate Rookie PodcastMLSApartments.comBPCON22Real Estate Rookie PodcastChanging Their Family’s Fate by Building a 600+ Unit Portfolio (At Age 20!)How a College Dropout Got a Seat at the Millionaire Investor TablePost, Invest, Profit: A Step-by-Step Guide to Content Creating for InvestorsBiggerPockets CalculatorsConnect with Kenneth:The Donis Brothers’s WebsiteThe Donis Brothers’s InstagramThe Donis Brothers’s Facebook PageThe Donis Brothers’s TwitterThe Donis Brothers’s Tiktok The Donis Brothers’s Youtube ChannelThe Donis Brothers’s PodcastCheck out the full show notes here: https://biggerpockets.com/blog/rookie-209Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 17, 2022
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.