Just dropped a brand new underwriting model for traditional real estate deals. You can now: • Model full P&L • Compare using your own equity vs raising GAP capital • See Cash-on-Cash (COC) instantly • Calculate PML IRR + Overall IRR • Run Pro Forma projections • Model both Refinance AND Sale exits This lays the foundation for integrating these features into future models. If you're buying deals with traditional financing, this will help you run the numbers and kill bad deals faster. Scale smarter.

LOI Template - Now for LOIs being sent out of Buy Box Club, you can customize your signature on the LOI to include either an image that contains your signature or you can hand draw it yourself in the software. Additionally you can toggle whether or not you want your name and phone number displayed and can customize it for each type of Asset Class / Strategy Buy Box. So if you end up wanting to have different signatures for Multi Family vs. Single Family you can do that now Email - Along with customizing the email body content, you can now add your own signature to the email. I am using blinq and it has a blinq capability where you can copy and paste your blinq signature into the template. This is huge because its going make LOIs being sent out to people seem a lot less spammy and appear as if you sent it yourself from your own email manually.

Redesigned the bulk underwriting experience, providing more direct user feedback of what data is missing. Remember, if poor is uploaded, expect poor data to be your ouput. For Founders Club, I will be doing a breakdown later this month on each data platform and the quality of data that is provided with pro's and con's of each. For data sources that dont have rental estimates, you can now override this with your own estimates if you would like to ensure they move forward to the next stage of underwriting.

Previously, users were confused when building their buy box on what values to put because the "Targets" and "Maximum" fields were combined into one field. These should have been separated from the beginning into separate fields. This has now been separated to make this experience better and more clear. For each category you can now enter, Target values, Minimums, and Maximums. Setting up your buy box in its entirety is definitely the number one culprit of why bulk underwriting doesnt work. With this release I also put in a lot more error messages to help you know what is wrong with the buy box and what is missing.

Check the calendar for weekly support calls to help you out with anything you need. I will keep this calendar updated each week This week: Wednesday 6pm EST Friday 2pm EST