26 min listen
JF3438: Underwriting & Financing in Today’s Market | Multifamily Fundamentals
JF3438: Underwriting & Financing in Today’s Market | Multifamily Fundamentals
ratings:
Length:
54 minutes
Released:
Feb 2, 2024
Format:
Podcast episode
Description
Multifamily Fundamentals is a 10-part series hosted by multifamily investor and syndicator Matt Faircloth of the DeRosa Group. In each episode, Matt and his guests dive deep into the fundamentals of not just investing in multifamily, but in building a real estate business. They dissect everything from choosing the right market, to underwriting and financing multifamily properties, to mastering investor relations — all the way to building out your multifamily dream team. Matt Faircloth and Herve Francois discuss multifamily underwriting, emphasizing its importance in the real estate business. They explore the roles within their company, DeRosa, highlighting the hunter's role in identifying investment opportunities and the underwriter's role in analyzing and implementing business plans. The discussion includes strategies for scaling a business, the significance of market selection, and the intricacies of underwriting, such as assessing market attractiveness, building relationships, and detailed property analysis. Key Takeaways: Multifamily underwriting is crucial for real estate success: This takeaway highlights the importance of thorough financial analysis and risk assessment in multifamily real estate investments. Underwriting involves evaluating the property's financial performance, market conditions, and potential for future growth to ensure a profitable investment. Different roles, like hunters and underwriters, are essential in a real estate team: This point underscores the collaborative nature of real estate investing. Hunters are responsible for finding potential investment opportunities, while underwriters analyze these opportunities' viability. Both roles are critical for identifying and executing successful real estate deals. Effective market selection and detailed property analysis are key for investment decisions: This takeaway stresses the importance of choosing the right market based on economic indicators, demographic trends, and real estate market conditions. Additionally, conducting a comprehensive analysis of the property, including its condition, location, and potential for appreciation or cash flow, is crucial for making informed investment decisions. Sponsors BAM Capital
Released:
Feb 2, 2024
Format:
Podcast episode
Titles in the series (100)
JF13: Learn the REAL Story Behind a Property: Justin Bajema founded a property management company that now manages over 1,000 units. Hes a Marine who received a Purple Heart and is a leading expert on the topic of veterans and entrepreneurship. It was an honor to speak with him for many reasons. by Best Real Estate Investing Advice Ever