Ep. 90: The Basics of Underwriting: What Quality and Numbers Can Tell You About a Potential Investment

HIGHLIGHTS OF THE EPISODE

00:19 - Episode overview

00:37 - Episode sponsor - Airbnb Kickstart course

01:09 - Guest introduction: Rob Beardsley

02:56 - How Robert got into multifamily and how he ended up where he is today.

06:53 - Rob’s parents and how their mindset has changed

09:27 - Rob’s first multifamily deal

12:32 - Getting help on the first deal.

13:14 - Rob tells us about Lone Star Capital

16:19 - Rob’s fundamentals of underwriting

18:54 - Favorite markets in the country today

20:38 - Adjusting the numbers

22:49 - Rob’s underwriting process and how it had to evolve in 2021

26:58 - Red flags or things to be aware of when underwriting to invest

31:31 - Interest rates, inflation and how they factor in the underwriting process

35:51 - Rob’s website, book, and how to learn about his underwriting model

36:45 - One piece of advice Rob would give himself today

 

CONNECTING WITH THE GUEST

Website: https://lonestarcapgroup.com/

Linkedin: https://www.linkedin.com/company/lone-star-capital-group

Rob Beardsley

Linkedin: https://www.linkedin.com/in/rob-beardsley

Podcast: https://lonestarcapgroup.com/capital-spotlight-podcast

 

If you enjoyed this episode and want to learn more on how to raise your income, investments, and life to the Next-Level visit our website at Next-Level Income (nextlevelincome.com)

 

#underwriting

#investing

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