Step 5: Initiate the Underwriting Process

This week's episode is a continuation of my series that coincides with my upcoming book and name of the podcast, The Insider's Edge to Real Estate Investing. In this show, the sixth of the 12-part series, I lay out some of the beginning financial considerations that will arise as you evaluate a piece of property. What type of return can you expect from a property? Who should you bring in to look at the financial statements? How do you make sure you don't get overleveraged? My writing partner, Rachel Hartman, asks me about these topics and more as I share the techniques that I've developed to understand the costs and returns related to an investment, which is a key component when initiating the bidding process. In addition to helping me with the book, Rachel pens content for Fortune 500 companies and is a regular contributor for U.S. News & World Report (connect with her at LinkedIn).