Ben has been building his real estate portfolio since 2010, and is here today to walk us through his process for evaluating and underwriting a value-add syndication. As an aerospace engineer, Ben is very thorough and methodical in his approach to underwriting, which is a fantastic as a listener looking to learn more about the value-add apartment syndication process. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The cops were advised to stay away from the property” - Ben Risser

Ben Risser Real Estate Background:

Syndicator of commercial real estate and business consultant
Began building real estate business in 2010 and has syndicated $7 Million in commercial real estate
Based in Lititz, PA
Say hi to him on Facebook and LinkedIn as “Ben Risser”
Best Ever Book: Rich Dad, Poor Dad

A couple of notes from Ben:

“One thing I stated that I would clarify, regarding being conservative on rental upside. I underwrite to a lower upside until I have more experience in a given market, or have collected a sufficient quantity and quality of data to increase the statistical confidence in the rental upside estimate.”

His revised “Biggest Mistake Ever in Real Estate” answer:

"Buying a fixer upper house, under the condition with your wife, that you'll renovate it to what she wants, and then having two more kids."

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Learn more about your ad choices. Visit megaphone.fm/adchoices