Hey BP Community, quick question for the lenders/operators deep in student housing:I’m underwriting a deal where the OM shows Operating Expenses at 28% of EGI.Looks amazing on paper.Great cap rate.

Once you pick those out, do a deep dive on them to confirm they are actually good for investments for you.

I use to binge and catch-up on16 hrs of BP podcasts on my drive to and from the Smokys every couple months.

A lot of Washingtonians are investing in places like Nevada, Arizona, Montana, Ohio, Indiana and the deep south.

I am rooting for ODC, I am.

W2 income = no write-offs.That’s the root problem.

Basically questions that the PM/co-host need to be able to answer without having to do any deep-dive analysis.Property-specific questions such as property improvement advice, revenue potential, etc. that involve deep-dive analysis might justifiably incur an up-front cost depending on the PM/co-hosts business model.

Population and job growth have been super strong, and big companies like Intel, Amazon, Google, Honda, and Microsoft are moving in or expanding, driving demand and appreciation.

Quote from @Corey Shimmel: Hey BiggerPockets community,Over the past couple of years, I’ve been deep in the trenches, building experience in multifamily.

But you gotta have some nerve to put your life savings on a USB drive, fly to New Zealand and hope that the USB drive is not broken when you plug it in.