JF1926: How To Underwrite A Highly Distressed Apartment Deal | Syndication School with Theo Hicks

<p><span style="font-weight: 400;">We’ve covered underwriting for more “normal” value add apartment syndication deals. Now we’re going to hear the differences between underwriting those deals, and underwriting highly distressed apartment communities. Theo will cover how you should underwrite highly distressed deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!</span></p> <p><strong>Best Ever Tweet:</strong></p> <p><span style="font-weight: 400;">“The point is to have a contingency budget and have it be at least 10% of the deferred maintenance cost”</span></p> <p><strong>Definitions & Example Deal:</strong></p> <p><a href="http://bit.ly/highlydistressed"><span style= "font-weight: 400;">http://bit.ly/highlydistressed</span></a></p> <p><span style="font-weight: 400;">The Best Ever Conference is approaching quickly and you could earn your ticket for free.</span></p> <p><span style="font-weight: 400;">Simply visit</span> <a href= "https://www.bec20.com/affiliates/"><span style= "font-weight: 400;">https://www.bec20.com/affiliates/</span></a> <span style="font-weight: 400;">and sign up to be an affiliate to start earning 15% of every ticket you sell. </span></p> <p><span style="font-weight: 400;">Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.</span></p>