Deal Underwriting Challenges

[Kyle Joseph]

What are the biggest challenges people face when underwriting a deal? Is it to find and support your deal inputs (i.e. market data, lending terms, operating expense budget, etc.)? The nuts and bolts of putting together an Excel model? Having confidence in your ability to evaluate the deal and that your numbers are accurate? Something else?

[Arn Cenedella]

@Kyle Joseph

There are plenty of models out there.

Many are free or low cost.

The real issue is knowing your market - rents, vacancy rate, expenses etc.

The magic is NOT in the model but rather the data one enters into the model.

Agree with @Chris Seveney