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Underwrite a Unit Renovation Strategy That Actually Works

Underwrite a Unit Renovation Strategy That Actually Works — Bancaverse video tutorial

Unit upgrades only pay off if the rent premium shows up and units are not sitting empty too long. Here is how to underwrite that honestly. This video runs about 8 min.

In this video

  • Estimating cost per unit
  • Renovation downtime and lost rent
  • Rent premiums you can actually achieve
  • Tenant turnover and the pace of the program

Who it is for

Multifamily owners planning an interior renovation program.

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Research and explainers from the Bancaverse™ team, an Austin, Texas private credit brokerage arranging DSCR, bridge, fix-and-flip, construction, multifamily and commercial loans for real estate investors across 32 states.