{"id":7688,"date":"2022-02-15T00:00:00","date_gmt":"2022-02-15T08:00:00","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=141755"},"modified":"2022-02-15T00:00:00","modified_gmt":"2022-02-15T08:00:00","slug":"biggerpockets-podcast-571-is-this-deal-worth-my-time-the-6-crucial-steps-to-vet-a-multifamily-deal","status":"publish","type":"post","link":"https:\/\/www.jerrybice.com\/wordpress\/biggerpockets-podcast-571-is-this-deal-worth-my-time-the-6-crucial-steps-to-vet-a-multifamily-deal\/","title":{"rendered":"BiggerPockets Podcast 571: Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Deal"},"content":{"rendered":"<p>Real estate underwriting isn\u2019t a commonly used term within the residential world. If you\u2019re used to dealing with single-family homes, duplexes, triplexes, or quadplexes, you\u2019ve probably done real estate underwriting to some degree, but you\u2019ve called it \u201creal estate analysis\u201d. In both scenarios, investors are looking at what they\u2019ll make on a deal, how much they need to invest, and what exit strategies they have.<\/p>\n<p>But, in a hot housing market, like we\u2019re in today, by the time you analyze a deal, a deal may already be gone. You need a way to quickly sort deals into the \u201cpursue\u201d or \u201cdump\u201d piles, and Andrew Cushman, expert multifamily investor, may have just the solution for you. Andrew has been on the BiggerPockets podcast before and manages over 2,600 units, so he definitely knows what he\u2019s talking about!<\/p>\n<p>Today, Andrew showcases the phase one underwriting he uses to decide quickly on deals, as well as the four levers to look at before even getting into underwriting. His system can save you hours, or even days, if you\u2019re a full-time investor, and it helps rookie investors quickly analyze deals so they can get into the game. Now, residential owners can transition into commercial real estate with better scale and bigger profits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate underwriting isn\u2019t a commonly used term within the residential world. If you\u2019re used to dealing with single-family homes, duplexes, triplexes, or quadplexes, you\u2019ve probably done real estate underwriting to some degree, but you\u2019ve called it&#8230;<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[2301],"tags":[],"_links":{"self":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/7688"}],"collection":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/comments?post=7688"}],"version-history":[{"count":2,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/7688\/revisions"}],"predecessor-version":[{"id":7694,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/7688\/revisions\/7694"}],"wp:attachment":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/media?parent=7688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/categories?post=7688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/tags?post=7688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}