@davidchoi.biz: Whether it’s a $22,000 deal or a $22,000,000 deal, the foundations of underwriting are the same 💻 We have the opportunity to take down a 52 Unit new construction deal, so our underwriting has to be on point to make sure the deal pencils out Understanding comparable rents in the area, our loan to value percentage, taxes, insurance, management fees… These are the building blocks to real estate finance. This is what determines whether or not the investment is sound and the proposed project is a deal... And this one looks like a grand slam 🤑 . . . . . . #realestateinvesting #coldcalling #howtocoldcall #realestateinvestor #newarknj #realestateinvestor #wholesaling #wholesalerealestate #newjerseyrealestate #realestatenj #coldcalling
David Choi
Region: US
Tuesday 02 July 2024 17:03:19 GMT
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Leggomaeggo :
David Choi, like the YouTuber comedian back in the day???
2024-07-02 19:45:49
1
Ian :
5% management fee? Who?
2024-07-02 21:44:45
25
Erick :
$180/SF, are you building in the south?
2024-07-03 02:06:36
43
Get apples :
lol 5.75 cap rate is keeping it safe in this rate environment???
2024-07-03 01:02:56
1
Sjdbebejeb :
Financing, Site, C/S, interior fit out, and soft costs for $180/ft all in? Where is this unicorn field located? 😂
2024-07-02 21:49:11
108
Lampvader :
2250!!!
2024-07-02 20:11:02
4
Spaceship Earth :
$3500 for a two bedroom is wild
2024-07-03 00:53:04
4
joseph gomez969 :
Location location? Building costs keep rising and Holding costs?
2024-07-02 20:16:37
5
b.moore54 :
Well well well
2024-07-02 20:19:09
3
Moncler Mitts :
Goat
2024-07-02 18:58:45
3
Nick :
You have to UW a reassessment of taxes
2024-07-02 23:46:26
2
Patrick Morin :
LEGEND
2024-07-04 01:24:14
3
Jesus :
Wow this is something I wish I could buy a course on
2024-07-04 01:17:41
4
grayar3a :
3500 a month on any 3 bedroom is criminal
2024-07-04 05:02:16
11
user3674670258236 :
52 /2 = …. 26 of each! Good job!
2024-07-03 02:40:05
8
michaelbroom660 :
That 5% management fee is low my boy.
2024-07-02 23:45:22
1
Theinsurancegirl :
Insurance looking a little low because you’ll need property + builders risk for a buildout
2024-07-02 21:40:37
6
Onetreetooproudtobend :
Who is getting 5.75 at the moment? No chance.
2024-07-13 13:18:47
0
AbuYousef1947 :
Amazing educational script . 😂
2024-07-04 02:16:13
2
HiBlueHiPiper :
I also play in my mind so many games where I am a billionaire
2024-07-03 00:02:31
19
DrizzyDrake :
that easy
2024-07-03 04:06:14
3
Eagle18 :
Show your screen 📺
2024-07-10 15:39:32
1
Kyle Tieman :
I have a deal in Palmdale CA I’d love to pitch you.
2024-07-02 19:18:50
3
N10C1TY :
Idk where you building at that would cost $180 sq ft. Where I live, it’s costing around $300k a unit
2024-07-02 20:23:11
2
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