Founder's Insights E23 Underwriting R&M and CapEx

Are you forgetting about recurring CapEx in your underwriting?

How confident are you that your budget accounts for everything? The reality is, recurring CapEx expenses can sneak up on you, especially with older properties.

Things like appliance replacements, HVAC systems, and even roof repairs add up quickly. If you’re not factoring those in, your cash flow might take a hit. In this video, I’ll walk you through why these costs should be part of your plan from the beginning.

Rob oversees acquisitions and capital markets for Lone Star Capital and has acquired over $700M of multifamily real estate. He has evaluated thousands of opportunities using proprietary underwriting models and published the number one book on multifamily underwriting, The Definitive Guide to Underwriting Multifamily Acquisitions. He has written over 50 articles about underwriting, deal structures, and capital markets and hosts the Capital Spotlight podcast, which is focused on interviewing institutional investors.

Learn more about Lone Star Capital at www.lscre.com

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With over $700 million in acquisitions and 30%+ returns since 2018, Lone Star Capital is a fast-growing real estate investment firm owning and operating over 5,000 multifamily units in Texas. We deliver superior risk-adjusted returns through diligent sourcing and selection, vertically integrated property management, and rigorous reporting.

Видео Founder's Insights E23 Underwriting R&M and CapEx канала Rob Beardsley – Lone Star Capital