Over the past years, I’ve had the opportunity to speak with numerous investors, and a common theme has emerged: underwriting is their “kryptonite.” Many have tried various models and modules, but they often feel uncertain about the accuracy of their inputs and the validity of their results.
Recognizing this widespread issue, I developed a comprehensive underwriting course designed to break down every step with our 3-Pillar System. This system is designed to address these concerns head-on and transform your underwriting process.
Pillar 1: Hunting and Gathering
Precision Data Collection
The first step in any successful underwriting process is gathering accurate and relevant data. I guide you in sourcing the exact information you need to ensure accuracy and effectiveness. Knowing where and how to collect data can make a significant difference in your underwriting outcomes.
Networking for Success
Underwriting is not a solitary activity. Networking with the right people can provide you with critical information that you might not have access to otherwise. I teach you who to contact and how to build a network that supports your data collection efforts.
Pillar 2: Implementation – Diving into the Ironclad Underwriting Model
Detailed Analysis
Understanding and breaking down the T12 and Rent Roll is essential for any underwriting process. These documents provide a detailed view of a property’s financial health, and I help you analyze them thoroughly to extract the most valuable insights.
Efficient Data Input
Manual data entry can be time-consuming and prone to errors. I show you how to utilize programmatic data imports to save time and minimize errors, ensuring that your data input is both efficient and accurate.
Model Parameters
Inputting parameters into an underwriting model can be daunting. My model includes many pre-filled defaults to streamline the process, and I teach you how to input parameters correctly to ensure your model’s reliability.
Pillar 3: The Roadmap to Your Business Plan
Strategic Planning
Your underwriting model is not just a tool for analysis; it’s a roadmap for your business plan post-closing. I show you how to use the model strategically to plan your next steps and achieve your investment goals.
Investor Confidence
Aligning your underwriting with investor return projections is crucial for gaining and maintaining investor confidence. I teach you how to ensure your underwriting aligns with investor expectations, helping you stay on track and build trust with your investors.
