Multifamily and Commerical Property Analyzing

[Patrick Thomas Dickinson]

I have a simple straightforward question for you bp folks:

If you wanted to become an expert at analyzing small, medium and large multifamily properties as well as commercial property potential investments what would be your path to getting there from beginning to end. 

Thanks

[Matthew Masoud]

Practice. Get your reps in.

First, pick what kind of real estate you want to do then practice underwriting. Grab deals off the MLS and just keep running the numbers on them.

You'll learn different things every time you underwrite (run the numbers)

Things like estimating tax, insurance, cap-ex, vacancies. Check out how other people estimate those numbers.

Like everything, you just need to keep practicing and learning. 

Watch videos, and do some yourself.

I underwrite 3-4 properties a day just to get my wreps in.