CRE-Underwriter
@Underwrite95872
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Real estate nerd with 15+ years of underwriting some of the largest CRE deals throughout the country
New York, USA
Joined May 2023
5 Businesses with the highest success rates: 1. Senior Care Facilities - 81% 2. Last-Mile Delivery - 82% 3. Vending Machines - 91% 4. Storage Facilities - 92% 5. Laundromats - 95% This is what I mean when I say pick a "safe, recession-proof" business. Which would you choose?
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I’ve repped Wingstop for 20 years in the Houston area Wingstop now does $2MM+ per location. That’s out of +/- 1500 sf, so call it $1,500/foot in sales Yet it has finally happened We offer on a site, and upon seeing the counter offer we have agreed we can’t pay their rent.
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Pillar 1: Mental Clarity Through Meditation Dalio practices Transcendental Meditation for 20 minutes every morning. Research shows this reduces cortisol levels by 30%. When everything feels overwhelming, mental clarity becomes your most valuable asset:
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HOW PRIVATE EQUITY FIRMS ANALYZE DEALS: Most important metrics:
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This guy literally dropped the ultimate AI guide in under 2 hours
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Warren Buffett shares what he would do if he had to start investing again w/ just $1 million Here was his valuable/timeless advice: "With just a million dollars, you could earn 50% a year... I don't know what the equivalent of Moody's manuals or anything would be now, but I
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When your DSCR doesn't hit the bank’s threshold (usually a ~1.25x DSCR), most people think banks don't give you any option but to lower the LTV But in reality, if you negotiate, you have 3 options: Option 1: Lower LTV Option 2: Schedule an earnout once 1.25x DSCR is hit at
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Warren Buffett is the best investor of all time. Berkshire Hathaway returned 5,502,284% since 1964 while S&P 500 returned just 39,054%. He has been giving free investing masterclass in Berkshire Hathaway annual meetings since 1970. Here's his 10 best nuggets: 🧵
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This ChatGPT prompt is literally a $20K growth consultant.
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Why Real Estate Private Equity is the Perfect Perpetual Income Machine You want to be in a business where the sale you made 5 years ago still pays you today. Real estate private equity is the perfect example of this Here’s how it works:
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I did Joe Rogan’s workout. Same weights. Same sets. Same suffering. 3 sets of 20 Squats 20 Push Ups 10 Swings 10 Presses 10 Windmills 10 Renegade Rows 2/10 x 4min Joe might be behind a mic most days, but make no mistake, the dude is built like a tank.
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This is Dr. Rhonda Patrick. A biomedical scientist who transformed how we think about aging. Her discovery? A 16-minute workout can make your heart look 20 YEARS younger. Let's break it down: (The 4x4 Norwegian protocol 🧵)
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This guy literally shows how to grow a business with AI in 30 mins https://t.co/E9QKAQ9xj4
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There are 3 main debt metrics in real estate: 1. Debt Service Coverage Ratio (DSCR) 2. Loan to Value (LTV) 3. Debt Yield Here’s how to view each from both a buyer’s perspective & a lender’s perspective:
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Commercial real estate developers can make A LOT of money. Anywhere from a couple hundred grand to 8 figures on a single deal. But how does it work exactly? Here’s how developers make millions: 🧵
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NVIDIA just declared war on traditional fast food service. Their AI technology just secured a deal with 61,000 restaurants... And they now have the ONE thing every food chain desperately needs. Here's why the way you order food is about to change forever: 🧵
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1. Go to tertiary market 2. Find a product type that’s profitable to build 3. Check zoning code and figure out the zoning that allows for that product type 4. Reach out to every property zoned for that use but currently operating as a *different* use 5. Buy, profit // THREAD //
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My partner and I raised $11 million in equity and took out a $33 million construction loan to build Akin. 204-units. 2 saunas! It was named best urban development in Minneapolis last year. Here’s how we were able to acquire the site for at a 50% discount to market value!👇🏻
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You're given $100,000. Would you invest it in $NVDA or $AMD?
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