Creative Capital Podcast 224: Strategic Commercial Underwriting with Brad Hreha

<p>In this week's episode, host Josh Ferrari chats with Brad Hreha about how to be strategic when underwriting commercial deals. We get to hear from Brad about how he underwrites his deals and what conservative underwriting means for him. He also shares some common mistakes he sees people make when underwriting, some general rules for <span style="font-weight: 400;">preliminarily underwriting a deal and more. Enjoy!!</span></p> <p> </p> <p><span style="font-weight: 400;">Brad's real estate career got started with wholesaling single-family homes. By using strategic marketing strategies to find off-market deals. Brad would find deals for his investors and negotiate a price with the seller. Once the deal was under contract, Brad would present the deal to his investors. Brad gained valuable experience with motivated sellers, negotiations, real estate contracts, rehab costs, running comparable sales, learning the market and different ways to structure deals for investors to maximize returns. Brad now works with a group of high net worth individuals who invest in multifamily properties.  Brad invests in value-add Class B & C multifamily properties with 30-200 units in emerging markets.</span></p> <p> </p> <div class="" data-block="true" data-editor="9dfsc" data-offset-key="dilr3-0-0"> <div class= "public-DraftStyleDefault-block public-DraftStyleDefault-ltr" data-offset-key="dilr3-0-0"><span data-offset-key="dilr3-0-0">How to connect with Brad:</span></div> <div class= "public-DraftStyleDefault-block public-DraftStyleDefault-ltr" data-offset-key="dilr3-0-0"><a title= "https://www.avalar3capital.com/" href= "https://www.avalar3capital.com/">https://www.avalar3capital.com/</a></div> <div class= "public-DraftStyleDefault-block public-DraftStyleDefault-ltr" data-offset-key="dilr3-0-0">Email: Brad@avalar3capital.com</div> <div class= "public-DraftStyleDefault-block public-DraftStyleDefault-ltr" data-offset-key="dilr3-0-0">Social Media: @Brad_Hreha</div> </div> <div class="" data-block="true" data-editor="9dfsc" data-offset-k