how to get great at underwriting
Sunday, November 14
Underwriting is a crucial aspect of being an investor, as it lets you how much should you be willing to pay for a property based on performance. I had to struggle a lot with underwriting initially. However, the learning curve was cut short when I got a mentor for it. So, getting a mentor helps a ...
THE IMPORTANCE OF TEAM BUILDING
Sunday, November 14
As an entrepreneur, the scariest feeling is the fear of not knowing, or not knowing enough. It could be any kind of unknown. It could be the feeling of not knowing whether you should talk to a lawyer or not. It could be the feeling of not knowing whether that repair cost will come up just as exp...
The Importance of Analyzing Markets You Are Investing In
Friday, November 12
Certainly, it is crucial to know the market you are investing in; and one of the most important factors to analyze in a market is the population. This being said, you should only be investing in a market where the population is rising steadily. Quite recently, I decided to step back from a marke...
THE IMPORTANCE OF PRACTICING UNDERWRITING
Friday, November 05
Underwriting is one of the key pillars of Real Estate. Just as 'practice' is the key to mastering any skill, the same stands true for underwriting too! You can get real good at underwriting by consistent practice. Underwriting is a crucial aspect of being an investor since it lets you evaluate ho...
how to use inspection report
Thursday, November 04
With the help of an Inspection Report of a property you are planning to buy, you get a good idea about the true condition of the property. And guess what? It even saves you money! Let’s just assume you inspect a property on your own and analyze the rehab cost to be $10,000 per unit, based on the ...
It is crucial to analyze a market before you invest in it
Tuesday, November 02
It is crucial to analyze a market before you invest in it. There are various factors that you can analyze to have a thorough, multidimensional analysis of the market. These include population growth, job growth, median rent, and median income. Certainly, some of these factors are interlinked too....