JF379: Commercial Crowdfunding Part 2 of 4

<p><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">Welcome back Best Ever listeners to episode 2 of the 4 part Commercial Crowdfunding series! Today we hear from Patch of Land’s Mark Slowman, who has extensive history in commercial real estate. He covers EVERYTHING from underwriting to multifamily deal analysis. Think you know how to buy an apartment complex? Are you aware of the owner’s performance or the DSCR? In that case you better tune in…also, hear why Mark shares that “cap rates” don’t tell you everything! </span></p> <p> </p> <p> </p> <p style="margin: 0in 0in 0pt;"><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">Best Ever Tweet:</span></p> <p> </p> <p style="margin: 0in 0in 0pt;"><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;"> </span></p> <p> </p> <p style="margin: 0in 0in 0pt;"><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">You have to make sure the property is appropriate for the market.</span></p> <p> </p> <p style="margin: 0in 0in 0pt;"><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;"> </span></p> <p> </p> <p style="margin: 0in 0in 0pt;"><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">Mark Slowmann’s real estate background:</span></p> <ul> <li><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">Started in public accounting </span></li> <li><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">Worked with a couple large real estate groups </span></li> <li><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black; background: white;">Sourcing and negotiating loans from the borrower standpoint </span></li> <li><span style="font-size: 9.0pt; font-family: 'Arial',sans-serif; color: black