Why Your Real Estate Deal Isn’t as Good as You Think (Deal Analysis Explained) - EP 11

Host Pam Litton sits down with Vessi Kapoulian, founder of DBA Capital Group, to discuss the reality of building wealth through multi-family real estate. Vessi shares her journey from a career in commercial lending to investing in 150+ unit apartment buildings, providing an incredible behind-the-scenes look at how lenders and investors evaluate deals differently.Vessi breaks down exactly how passive investors can protect their capital by properly vetting sponsors, verifying exit cap rates, and understanding the dangers of variable-rate bridge debt. If you are looking to invest in apartment syndications but want to ensure you are making "risk-smart" decisions, this episode is packed with actionable advice from a true underwriting expert.🎧 Hosted by: Pam Litton🎤 Featuring: Vessi Kapoulian, Founder of DBA Capital GroupVessi Kapoulian is a lending professional and multifamily real estate investor who is the founder of DBA Capital Group. She transitioned from a career in commercial lending into real estate investing, applying her lending and underwriting experience to the acquisition and management of multifamily properties.💡 What You’ll Learn in This Episode:✔️ Vessi’s transition from a commercial lender to investing in 150+ unit apartment buildings✔️ How a lender evaluates risk vs. how an investor evaluates upside✔️ Why the "sponsor" (or operator) is the most critical component of any syndication✔️ The biggest red flags to look for in a Private Placement Memorandum (PPM)✔️ Why you should verify exit cap rates and rent growth assumptions before wiring any funds✔️ The danger of high-leverage, variable-rate bridge loans in the current market✔️ Why proper operating and capital expenditure reserves are crucial to surviving market downturns🎙 Connect with Vessi Kapoulian:🌎 Website → https://dbacapitalgroup.com/🔗 LinkedIn → https://www.linkedin.com/in/vessi-kapoulian/📷 Instagram → https://www.instagram.com/vessikapoulian/📘 Facebook → https://www.facebook.com/vessik11🎙 Follow Pam Flitton:🌐 Website → http://www.platinumpropertygroup.net/📘 Facebook → https://www.facebook.com/pflitton📷 Instagram → https://www.instagram.com/flittonpam/🔗 LinkedIn → https://www.linkedin.com/in/pamflitton/🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below! ⭐ Produced by Icons of Real Estate - https://iconsofrealestate.com/