Underwriting – Real Estate Investing Made Simple

**

Watch Grant Cardone explain what it means to underwrite a real estate deal. Find out why it’s important, who should do it and the calculations involved so you end up with the best deal that will make you the most money.

An underwriter determines how much risk the lender is willing to accept. In most real estate loans, the property itself is used as collateral against the borrowed funds.

Grant uses several underwriters on a deal so he can determine the WCS (worst case scenario) to make sure the deal will be profitable.

He looks at the GSI (gross schedule income), studies the EGI (effective gross income), deducts operating expenses to reveal the NOI (net operating income) and uses this data to calculate a capitalization rate so he can determine if the deal is worth pursuing.

Underwriting is another tool to learn when it comes to investing in real estate.

Think big. Go big. Play big and know what you’re doing.

—-
►Where to follow and listen to Uncle G:
Instagram: https://www.instagram.com/grantcardone
Facebook: https://www.facebook.com/grantcardonefan
SnapChat: https://www.snapchat.com/add/grantcardone.
Twitter: https://twitter.com/GrantCardone
Website: http://www.grantcardonetv.com
Advertising: http://grantcardonetv.com/brandyourself
Products: http://www.grantcardone.com
LinkedIn: https://www.linkedin.com/in/grantcardone/
iTunes: https://itunes.apple.com/us/podcast/cardone-zone/id825614458

—-
Thank you for watching this video—Please Share it. I like to read comments so please leave a comment and…
► Subscribe to My Channel: https://www.youtube.com/user/GrantCardone?sub_confirmation=1

Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the "25 Marketing Influencers to Watch in 2017". Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.

Our offerings under Rule 506(c) are for accredited investors only.

FOR OUR CURRENT REGULATION A OFFERING, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV.
For our anticipated Regulation A offering, until such time that the Offering Statement is qualified by the SEC, no money or consideration is being solicited, and if sent in response prior to qualification, such money will not be accepted. No offer to buy the securities can by accepted and no part of the purchase price can be received until the offering statement is qualified. Any offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. A person's indication of interest involves no obligation or commitment of any kind. Our Offering Circular, which is part of the Offering Statement, may be found at www.cardonecapital.com
#business #realestate #investing #GrantCardone #10XRule #SalesTraining #SalesMotivation

19 comments on “Underwriting – Real Estate Investing Made Simple

  1. David A Post author

    This is one of my favorites episodes of Uncle G, Underwrite is like having a detailed business plan or presentation for the bank.

    Reply
    1. Billionaire Ballers Club Post author

      David A damn strait this is th business plan all this info he just gives away is free college

      Reply
  2. Ciara MacMahon of Phase Two Management Consultants Post author

    What are the expected monthly returns on investing in the new Cardone Capital Fund? What %? Am interested in cashflowing property investments – but someone told me that the rate on this next fund, might be as low as a quarter to a half percent? Thank you!

    Reply
  3. Paul G. Potts Post author

    Fantastic content Grant. This information is not talked about anywhere but here. 10X fo life.

    Reply
  4. Adam Witek Post author

    Thanks Grant. This is gold. Would love to learn how to find good property managers along with the do’s and dont’s.

    Reply
  5. Anthony Dooley Post author

    GC is in love with this deal. The numbers are not too impressive compared to other deals he has done. Speculation?

    Reply
  6. Jonathan Lin Post author

    Signed up and awaiting! Can’t wait to join in the club with other like-minded 10x’ers

    Reply
  7. Dggfysejh Gfhbfy Post author

    After reading Frank Ganelli book on cash flow I’m finally understanding Grant 😂

    Reply
  8. Reza Tashakori Post author

    I’m an architect in Los Angeles and have worked with builders for more than 6 years I believe what Grant says about builders is correct because they do not know what goes into it. But If you know the process and your numbers you could make money. If you don”t have the knowledge don’t do it you will get busted!! I could help you only in Los Angeles and Orange county areas since I have completed buildings from start to finish and know what it take. not knowing the cycle applies to buying a building as well. you have to make sure you will make money even if you are in the worst cycle.

    Reply
  9. Empire Textbooks Post author

    “I’m hungry…let’s go build a farm”

    Love this analogy to real estate where people are asking if they should build themselves!

    Reply
  10. Andromeda Post author

    Hm I understand the concept of underwriting but I have discalculation (like handicapped with numbers haha).. I find it sooo difficult to understand. Do you also have it written somewhere down, or is that just in your book?

    Reply
  11. Jenny Bailey Post author

    Love your show and the value has been incredible to educating myself in MF real estate. At the moment I’m torn in whether to invest and do owner occupancy financing in my local market in Houston though I would be pushing my budget on a $250k property or look at a cheaper out of state market like Philly where I could potential buy a duplex in cash for $50k. What should I be looking at for long term numbers if my goal is to create passive income in comparing the two situations?

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *