@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
David Choi
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Region: US
Tuesday 02 July 2024 17:03:19 GMT
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leggomaeggoplz
Leggomaeggo :
David Choi, like the YouTuber comedian back in the day???
2024-07-02 19:45:49
1
_ian_007_
Ian :
5% management fee? Who?
2024-07-02 21:44:45
25
erick_hndzz
Erick :
$180/SF, are you building in the south?
2024-07-03 02:06:36
43
jimmylegz
Get apples :
lol 5.75 cap rate is keeping it safe in this rate environment???
2024-07-03 01:02:56
1
iser68ejosc
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
lampfather
Lampvader :
2250!!!
2024-07-02 20:11:02
4
spaceshipearth
Spaceship Earth :
$3500 for a two bedroom is wild
2024-07-03 00:53:04
4
whoknewin2022
joseph gomez969 :
Location location? Building costs keep rising and Holding costs?
2024-07-02 20:16:37
5
b.moore54
b.moore54 :
Well well well
2024-07-02 20:19:09
3
lairbearsteppa64th_nem
Moncler Mitts :
Goat
2024-07-02 18:58:45
3
letsgomets23
Nick :
You have to UW a reassessment of taxes
2024-07-02 23:46:26
2
louisjoseph938484
Patrick Morin :
LEGEND
2024-07-04 01:24:14
3
juicerofbeets
Jesus :
Wow this is something I wish I could buy a course on
2024-07-04 01:17:41
4
grayar3a
grayar3a :
3500 a month on any 3 bedroom is criminal
2024-07-04 05:02:16
11
fm_tok_radio
user3674670258236 :
52 /2 = …. 26 of each! Good job!
2024-07-03 02:40:05
8
michaelbroom660
michaelbroom660 :
That 5% management fee is low my boy.
2024-07-02 23:45:22
1
theinsurancegirl
Theinsurancegirl :
Insurance looking a little low because you’ll need property + builders risk for a buildout
2024-07-02 21:40:37
6
onetreetooproudtobend
Onetreetooproudtobend :
Who is getting 5.75 at the moment? No chance.
2024-07-13 13:18:47
0
abuyousef1947
AbuYousef1947 :
Amazing educational script . 😂
2024-07-04 02:16:13
2
hibluehipiper
HiBlueHiPiper :
I also play in my mind so many games where I am a billionaire
2024-07-03 00:02:31
19
driizydrake
DrizzyDrake :
that easy
2024-07-03 04:06:14
3
eagleny21
Eagle18 :
Show your screen 📺
2024-07-10 15:39:32
1
kyletieman
Kyle Tieman :
I have a deal in Palmdale CA I’d love to pitch you.
2024-07-02 19:18:50
3
n10c1ty
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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