Bryan Underwood

Real Estate Developer | Christ ✝️ Follower | Husband & Father x 4 | Galatians 5:13 | CA ➡️ ID

[Bryan Underwood @bwood]

I have the same complaint.

[Chris Pronger @chrispronger]

Hey @Uber when I order a Black SUV I expect and am paying for something that is large and an SUV! Not trying to book a crossover vehicle! If I was I would choose that option. This has happened quite a bit recently. What are you doing about this?

[Bryan Underwood @bwood]

Same here in Idaho.

[SIVART ⚡️☂️ @sivart]

Santee Costco out of toilet paper and paper towels… fyi

[Elon Musk @elonmusk]

Exactly

[Bryan Underwood @bwood]

Last night, we had the pleasure of hosting our inaugural company Christmas party for Responsible Builders, our general contracting firm. Despite being only six months old, our team is already making waves with their exceptional work on our first multifamily project in Boise, Idaho. Their seamless collaboration and expertise make it seem like they have been working together for years. Here's to an incredible 2024 ahead! #Realestate #realestatedevelopment #realestateinvestor #realestatedevelopment #boise #boiserealestate #sandiego #sandiegorealestate #apartment #multifamily #engineer #healthcare #lawyer #contractor #construction #bible #christianinvestors

[Bryan Underwood @bwood]

So good! 😂

[Shawn Walchef @shawnpwalchef]

That one time when @thecookingguy rebranded @CaliComfort during a content shoot 🤣

[Bryan Underwood @bwood]

😂

[President Biden Archived @POTUS46Archive]

Folks, no matter where you're headed this holiday season, you'll be heading there for less.

Gas prices are down $1.70 from their peak, airfares are down 13%, and car rental prices are down about 10%.

And we're not done taking action to get those prices down even more.

[Bryan Underwood @bwood]

@sivart @POTUS Indeed, to be more precise, utterly delusional.

[Bryan Underwood @bwood]

Value-Add Strategy

Purchase: $5,000,000
Going in Rate of Return: 5.0%
Net Operating Income: $250,000
Hold Period: 3 years
Capital Improvements: $750,000
Carry: $250,000
Cost: $6,000,000
*Need 20% higher rents to break even
*Need 32% higher rents to create 50bps spread
Sell: $6,600,000 @ 5% CAP Rate
IRR: 11%
Equity Multiple 1.24

Development

All in Cost: $5,000,000
Return on Cost: 6.0%
Net Operating Income: $300,000
Hold Period: 3 years
Sale Price: $6,556,362 @ 5% CAP Rate
IRR: 27%
Equity Multiple: 1.60

This is why we focus on development!

#realestate #realestatedevelopment #boise #construction #multifamily #realestateinvesting #sandiegorealestate #boiserealestate #housing #investinassets #syndications

[Bryan Underwood @bwood]

@DevineGospel Oops

[Bryan Underwood @bwood]

@Padres $246mm payroll vs @Pirates $76mm. Guess which one looks like a baseball team?

[Bryan Underwood @bwood]

@sivart

[O-Town @OTownOfficial]

Come vacation with the Pop 2000 crew in Playa Del Carmen, Mexico for an ALL-INCLUSIVE fan experience!

https://t.co/cr77NAkgnl

#otown #Boyband #nsync #pop2000 #nostalgia #trl #Mexico #livemusic

[The Babylon Bee @TheBabylonBee]

Feinstein Says A Recent Jedi Attempt On Her Life Has Left Her Scarred And Deformed https://t.co/kgmRQXVUqs

[Bryan Underwood @bwood]

This.

[Tim Urban @waitbutwhy]

I’m at the exact discipline level where I refrain from actively seeking out unhealthy food but I can’t not eat it when someone puts it in front of me.

i.e. I don’t buy cookies at the grocery store but can’t not eat the trash ass cookie that comes with the airplane meal.

[Bryan Underwood @bwood]

Do Hard Things.

Sometimes it feels like you won’t make it through.

But you will, and it’s always worth it.

#perseverance #realestate #realestatedevelopment #residentialrealestate #residentialdevelopment #boise #sandiego #boisecre #sandiegocre #diligence #motivation

[Bryan Underwood @bwood]

@ColinParent @YIMBYDemsSD I wish you the best…but no matter what you do, no housing will get built unless it can get through plan check. *cough* @CityofSanDiego *cough*

[Bryan Underwood @bwood]

@TheFriarWire @DonOrsillo @Mudcat55 @Padres Honestly, I don’t get it. I subscribe to the MLB and only want to watch one team and it’s blacked out. Sometimes it’s @AppleTV , sometimes it’s @ESPNPlus , sometimes it’s @YouTubeTV . It’s ludicrous. @MLB just charge me whatever you want, but let me watch all the @Padres games!

[Bryan Underwood @bwood]

Are @LAClippers games always this good?! Holy moly. Some serious action in the 4th quarter.

[Bryan Underwood @bwood]

😂🙌🏼

[Ben Shapiro @benshapiro]

More like balls of steel

[Bryan Underwood @bwood]

Epic! 🙌🏼

[Shawn Walchef @shawnpwalchef]

The moment that madness breaks out all over San Diego 🤯🏀🔥