“Conservative UW is Dead”

[Justin Goodin]

“Conservative underwriting is dead.”

Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting techniques.

📈Values are inflated and deals are being listed for crazy prices. But yet, deals are still being bought and sold all around.

There are times deals do not pencil out to provide our required return metrics but then months later, I will see that deal being closed on LinkedIn and the buyers are projecting a 19% IRR. 🤔

📌Anyone else have thoughts on this? How is your team adapting to this competitive market and underwriting deals? 👇

Check out Rob’s video HERE