Underwriting data points and metrics

[Jay Ben]

how can I use data to help me with apartment underwriting For example maybe population growth, poverty rate, unemployment rate, median household income. What other Data points are you looking at?

[Taylor L.]

Those are all good to look at for evaluating the market, but when you're underwriting an individual deal it's important to look at comparable rentals. Both in current condition and improved condition, if you are planning on adding value. You'll also need to look at general availability of rentals in the area. Are they sitting on the market for a long time or no? That can be a good way to gauge the balance of supply and demand.