@mannyawasom: Underwriting multifamily deals starts with saying no. In one year, our team at XSITE Capital: Screened 1,748 deals. Underwrote 229. Made offers on 63. Why the funnel matters: ✅ Only about 13% of screened deals got a full underwrite. Most deals die at the screen. ✅ Location can sink a deal that looks perfect on paper: stagnant job growth, a shrinking population or high crime. ✅ An offer isn't a promise to close. Every stage after it is another chance to walk away from the wrong deal. A perfect deal on paper can still walk your investors into a risky investment. 🏢 See how XSITE Capital underwrites its deals: 🔗 xsitecapital.com 📖 Full breakdown on the MSA blog 🔗 msadatainsights.com/blog/how-to-build-1000-unit-multifamily-portfolio 🎓 We break down concepts like this using real underwriting examples in the FREE MSA Deal Room every Saturday at 9:00 AM PT. 📍 For more underwriting tips, visit: 🔗 msadatainsights.com/dealroom #multifamily #underwriting #realestateinvesting #commercialrealestate #apartmentinvesting #dealflow #acquisitions
