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Updated almost 2 years ago,

User Stats

65
Posts
64
Votes
Kyle Kovats
  • Rental Property Investor
  • Hoboken, NJ
64
Votes |
65
Posts

Hiring a Full-Time Underwriter

Kyle Kovats
  • Rental Property Investor
  • Hoboken, NJ
Posted

Has anyone here hired a full-time underwriter for their team? I don't mean a VA from the Philippines to plug some numbers but rather a truly experienced skilled underwriter who understands how to

A) underwrite multi-family using a syndicate structure whether it be straight split or preferred return 

B)  has the acumen/knowledge to research submarkets to properly underwrite other income projections for things such as perhaps bulk wifi or smart home tech penetration 

If you have, can you share where you had the most success finding them and what is a proper compensation package? Underwriting is just a very time consuming task and something I am looking to delegate for at least the first draft so that I can come in and just do tweaks. Any help is appreciated. 

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