What data points are you focusing on?

[Jay Ben]

when underwriting a multifam property what data points do you look at ei: population growth, job diversification.. how about historic data? Maybe like appreciation in the last 30 years?

[Romney Salanoa]

Hey Jay,

When looking at historic data I do take it into consideration but I personally like to add that information after all of the current data has been looked at and the deal works because even though past info can be an indicator I like to look at what caused it instead of the pure information itself so that I know if it will really continue (if that makes sense).

Hope this helps,

Romney