Small Axe Podcast

Episode 253. Underwrite Like a Pro: The Metrics, Mindset, and Mistakes That Make or Break Your Deal


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Think you know how to underwrite? Think again.

In Episode 253, I’m breaking down the real fundamentals of multifamily underwriting—what actually matters, what most people miss, and how to stop being emotional and start being objective.

You’ll learn:

  • The key metrics that matter most (and why)

  • How to build a realistic pro forma (not just a fairy tale)

  • Why most deals don’t pencil—and how to spot the ones that do

  • How I underwrite deals using my own proprietary model

Whether you’re still fumbling with napkin math or already analyzing deals weekly, this episode will sharpen your underwriting game—fast.

💻 Want my free Credibility Kit? Go to www.smallaxecommunities.com

And my deal analyzer will be there too! If it's not ready for some reason, DM me and I will send you a Beta version!

🪓 Let’s sharpen your axe together.

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Small Axe PodcastBy Nico Salgado

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