How to Underwrite a Real Estate Development Deal Stress-Free - Underwriting Real Estate Development
Learning how to properly navigate underwriting in real estate deals is absolutely crucial to ultimately finding success as a developer. There's an art to it, a balance between cultivating a deal that's conservative, but still makes good sense.
In this video, Scott Choppin, CEO and Founder of Urban Pacific, lays out his thinking when it comes to underwriting and gives developers a few tips to use on their own projects.
From this video:
Scott: I have a number I just underwrite to. And I think it's probably like overly conservative for most projects. But let me tell you this. What I do say is, you know, to sort of tell a little funny story, when I was a young project manager, there was no deal I couldn't save or I couldn't make work. Right. Any deal was possible. Every deal is possible right. Now. Like the total opposite. I like every deal is going to die, man. Like, fast, quick death. The faster it can die the better.
Thanks for watching today's video about underwriting real estate development deals stress-free! If you enjoyed today's video, be sure to leave a like rating and a comment, and also be sure to subscribe to the Urban Pacific Group of Companies YouTube channel for more videos like you just watched!
Subscribe to our regular newsletter and get exclusive access to our next investment opportunity.
The Diesel Crunch is Finally Causing Demand Destruction “Now signs have emerged that weaker demand in the past weeks may…Read More...
Housing Market Obliterated: Pending Home Sales Post Record Drop “Well, slowly but surely this epic collapse in sentiment is spreading…Read More...