Underwriting Like A Pro: Tips And Tricks For Real Estate Investors

Learn how to build your first home / become a full-time developer:👇 https://go.buildupcommunity.com/bu-challenge-optin-yt?utm_source=buildup If you're new to my channel, my name is Arthur Ryapolov. I'm the founder of August Development, a ground-up residential development company in the Pacific Northwest. We buy dirt, entitle it, build on it, and sell it. I've developed, built, and sold over $80,000,000 in real estate and put roughly 250 residential units in the ground Today: We're building nationwide with the Buildup Community. I still underwrite every deal. I still walk sites. And I make content because the fastest way to get good builders around me is to make more good builders. How I got here… 15 yrs old: Saved up money from odd jobs and bought my first car to flip. Sold it. Did it again. 16 yrs old: Started selling cars at a dealership while still in high school. Learned that the person who controls the deal controls the money. 19 yrs old: Went to an entrepreneurial event and realized cars were a small game. Decided real estate was the big one. 20 yrs old: Cold-called, emailed, and showed up until a development firm gave me an internship. Got promoted to junior project manager. 21 yrs old: Ran development on ~1,000 residential lots and a stack of commercial projects — Starbucks, Chipotle, Trader Joe's, Dutch Bros. Learned the entire process on somebody else's balance sheet. 23 yrs old: Founded August Development. First project, my own capital, my own name on the loan. 26 yrs old: Built out three lanes — infill development, single-lot residential, and subdivisions — across the Portland and Vancouver markets. 28 yrs old: Crossed $80M developed, built, and sold. ~240 units delivered. 28 yrs old: Started the Buildup Community and began putting the process out for free, because the thing that took me a decade to learn fits in about 7 steps and nobody had written them down. What this channel is I show you how a project actually gets built — financing, land, en