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I'm good at analyzing numbers and data to do the "first level" of analyzation.
For example, this bldg sold at this cap, this bldg sold at this cap, interest rates have moved a point today, apartment vacancies are up, etc. I can handle this level fine.
My issue is the next level of intrepretation. My boss, for example, can read data and see that "Cap rates are moving up, interest rates are stable, home prices are going down, employment is up" and immediately say, "Great, let's go buy some apartment buildings." (NOTE: THIS IS JUST AN EXAMPLE OF TERMS. IT MIGHT NOT AN 100% ACCURATE SCENARIO)
How does one learn to connect the dots like that? Simply through repetition?
We had a deal discussion today and we own a great piece of land on the SF Bay that we've just got approved for 84 condos, townhomes and cottages. We discussed access to capital, interest rates and immediately my boss's knew they would have a hard time unloading this site. I sat there thinking, "Okay, I understand why it's hard to get capital partners right now, why interest rates are where they are..." But then was lost on how they got the next level.
Any advice how to improve with this? :iamwithstupid:
For example, this bldg sold at this cap, this bldg sold at this cap, interest rates have moved a point today, apartment vacancies are up, etc. I can handle this level fine.
My issue is the next level of intrepretation. My boss, for example, can read data and see that "Cap rates are moving up, interest rates are stable, home prices are going down, employment is up" and immediately say, "Great, let's go buy some apartment buildings." (NOTE: THIS IS JUST AN EXAMPLE OF TERMS. IT MIGHT NOT AN 100% ACCURATE SCENARIO)
How does one learn to connect the dots like that? Simply through repetition?
We had a deal discussion today and we own a great piece of land on the SF Bay that we've just got approved for 84 condos, townhomes and cottages. We discussed access to capital, interest rates and immediately my boss's knew they would have a hard time unloading this site. I sat there thinking, "Okay, I understand why it's hard to get capital partners right now, why interest rates are where they are..." But then was lost on how they got the next level.
Any advice how to improve with this? :iamwithstupid:
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