A 20% projected return looks great… until the debt resets and reality hits.
I’ve seen this too many times investors chase the biggest number on the pitch deck.
15%, 18%, even 20% IRR sounds exciting…
But if the debt isn’t fixed and the underwriting is fantasy, that “deal” turns into a liability fast.
Great operators don’t chase numbers they hedge debt, stay conservative, and build for the long game.
They underpromise. They overdeliver.
That’s how you stay in the game when the market shifts.
If you’re trusting a spreadsheet more than the operator’s track record, you’re already taking on more risk than you think.
Comment #Apt and I’ll send you exactly what MC Companies looks for in an apartment deal.
#UnderwriteSmart
#CashFlowIsKing
#MultifamilyDeals
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