Underwriting For Hire

  • Initial Consultation & Objective Assessment.

    We start with an in-depth discussion to understand your specific objectives, investment criteria, and any particular concerns about the self-storage property.

  • Market Analysis and Feasibility Study.

    Begin with an in-depth analysis of the local market and feasibility study to assess demand, competition, and potential revenue.

  • Verification of Income Sources.

    Thoroughly verify all current income sources associated with the property, including rental income, late fees, and other ancillary revenues.

  • Expense Analysis.

    Examine and validate all operating expenses, such as maintenance, staffing, utilities, insurance, and property taxes, to understand the property's net operating income (NOI).

  • Lease Audit & Occupancy Review.

    Conduct a detailed review of lease agreements and occupancy rates to assess rental stability and identify potential for rent increases or occupancy improvements.

  • Cash Flow Projections.

    Create detailed cash flow projections, incorporating revenue and expense trends, to forecast future financial performance.

  • Capital Expenditure Evaluation.

    Assess the need for capital expenditures, such as property improvements or upgrades, and their impact on the property's value and income potential.

  • Debt Service Analysis.

    Evaluate existing debt structures and terms, and explore refinancing options or new financing opportunities to optimize the property’s financial leverage.

  • Risk Assessment and Mitigation Strategies.

    Identify potential risks, including market fluctuations, regulatory changes, and environmental issues, and develop strategies to mitigate these risks.

  • Valuation and Investment Return Analysis.

    Provide a comprehensive valuation of the property using industry-standard methods and analyze the expected investment return, including cap rates and internal rate of return (IRR).

  • Report Preparation and Results Delivery.

    Compile all findings into a detailed, easy-to-understand report, providing actionable insights and recommendations, and deliver the results with a strategic consultation to guide decision-making.