No. 07 — The Investment Office

The Investment Office.

Real estate grounded in numbers, operations, and risk — wholesaling, rentals, flips, multifamily underwriting, mortgages, insurance, and deal analysis.

The book

Where the work has been.

AreaDetail
Multifamily underwritingUnderwriting experience on a 104-unit apartment syndication.
Rental & flip analysisCustom models for rehab budgets, financing, cash flow, cap rates, and returns.
Market knowledgeMortgages, insurance, property evaluation, and acquisition strategy.
The method

The line items that decide a deal.

Line itemWhat it tells me
Purchase & rehabAll-in basis before a dollar of income.
FinancingRate, term, and leverage — and what happens if they move.
Cash flowWhat's left after every real expense, not the pro-forma fantasy.
Cap rate & DSCRWhether the asset and the debt can both breathe.
Returns & exitCash-on-cash, and what the exit needs to look like to work.
Records

Property & renovation.