#292: Everyone Talks About Why Location Is Critical... But What Does That actually Mean When Underwriting Deals?
Description
We’ve all heard it: location, location, location. But what does that really mean when you’re underwriting multifamily deals—and how should it actually impact your numbers?
In this solo episode, I break down the real, tangible differences between buying in a good location versus a bad one—within the same asset class. Drawing from years of operating properties across varying submarkets, I share the operational, financial, and time-management impacts that location has, far beyond the cliché.
Join us as we explore:
- The operational realities of good vs. bad locations (even within the same class)
- Why vacancy, turnover, and repairs should change in your underwriting based on location
- The “ripple effect” location has on demand, resident retention, and NOI
- How location impacts your renovation scope and the rent premiums you can achieve
- Why better-located properties often deliver a higher dollar per hour return on your time—even with slightly lower projected IRRs
Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.
Connect with Axel:
Follow him on Instagram
Connect with him on Linkedin
Subscribe to our YouTube channel
Learn more about Aligned Real Estate Partners
United States
