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MSA Digest

Multifamily investing tutorials, market analysis & underwriting deep-dives.

Underwriting ·

How to Underwrite a Multifamily Deal in Excel in 15 Minutes

Most multifamily underwriting does not take hours because the math is hard. It takes hours because the workflow is broken. This guide shows how to screen a deal in Excel using a structured 15-minute first-pass workflow t

Underwriting ·

How to Analyze a Rent Roll Like an Underwriter (2026 Guide)

A rent roll is more than an occupancy report. It is one of the clearest ways to understand the real revenue quality of a multifamily property. This guide breaks down how experienced underwriters analyze lease-level data,