Multi family Analysis

[Austin Carr]

I am new in the Charlotte, NC area. Want to start practicing analyzing multifamily deals. Is there anyone or any group locally that analyzes a bunch of deals or have any old analysis sheets I can see for practice?

[Charles Seaman]

@Austin Carr I don't know of any local groups who analyze deals in person, but I host a free session each Saturday at 4:00 P.M. EDT that involves underwriting a single multifamily deal each time.  I'd be glad to send you the registration link if this might be helpful for you.

[Austin Carr]

Ok yes, please do 

[Justin Moy]

Charles' sessions are great and really in depth. I went to them for a while so do recommend those. If you want more local things, I'd check out meetup.com and find a local charlotte group, I'm positive you'll find some

[Greg Kasmer]

@Austin Carr - After you attend Charles's underwriting session I'm sure there would be folks in the community that would be able to provide you some feedback on your analysis. I always like looking at underwriting models and what others are looking at, so I'd be happy to review if you have any interest. Good Luck!

[Steve Seger]

@Austin Carr I've found a lot of great free resources on YouTube helping with this. One page I highly recommend is Break Into CRE (https://www.youtube.com/@BreakIntoCRE). The host, Justin Kivel, breaks down the terms and underwriting in a way that is easy to digest and in bite size videos. I've found it helpful reinforcing certain things I've struggled to grasp. 

Also, Lone Star Capital has a model that you can download for free (https://www.lscre.com/resource/underwriting-model). It may be a bit complex at first glance, but with reps and time it will make more sense. I hope these are helpful!