Real Estate Addicts

In this episode, the guys break down the key metrics real estate investors and developers use to quickly evaluate deals, from cap rates and NOI to cash-on-cash return and IRR. They emphasize that while these formulas are useful shortcuts, the real value comes from using realistic assumptions and understanding the story behind the numbers. The conversation highlights how different strategies— rental vs. for sale —require different metrics and priorities when analyzing opportunities. At the end of the day, successful underwriting isn’t about complex spreadsheets, but about knowing your numbers, your market and your risk tolerance.