This recap episode with Sophie and Derek centers on the numerous takeaways from the conversation with Aaron, specifically all about underwriting and mindset. They discussed how most active investors are actively trying to get over into the passive side, including us! Underwriting is the cornerstone of the business plan. Start with market, criteria, and then business approach. Underwriting is an art form, and some sponsors can abuse this or twist this, so be careful! The underwriting and business plan says much about the sponsor. We also jumped into the fact that using underwriting as a benchmark for the execution of the property is a key hallmark of success, and is also a predictor of trends for rental growth.
We thank you so much Aaron Wong for coming on the show!
Unlock 3+1 degrees of freedom (time, location, financial + health) with our 5 Point Blueprint! https://elevateequity.org/podcastgift
If you really enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free!
- on our website for blogs & other podcast interviews! elevateequity.org
- our YouTube channel! youtube.com/channel/derekclifford
- our book/audiobook! amazon.com/dp/ebook
If you'd like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook
Unlock 3+1 degrees of freedom (time, location, financial + health) with our 5-Point Blueprint! https://elevateequity.org/podcastgift
If you really enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free!
- on our website for blogs & other podcast interviews! elevateequity.org
- our YouTube channel! youtube.com/channel/derekclifford
- our book/audiobook! amazon.com/dp/ebook
If you'd like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook
