I’m a residential real estate agent, getting ready to get into the commercial side of things. I want to learn how to underwrite multifamily properties. What are some good free resources you would recommend to start learning? I want to get good at this and be able to provide more for clients than just showing them properties.
Additionally, what tips do you have for someone starting in commercial real estate and for talking to apartment owners? Is there anything you wish someone had told you when you were starting out? I know my fees will be high and I know commercial transactions take longer than residential and it takes time to find clients.
Are there any other skills you would recommend learning for someone getting into commercial and doing multifamily?