Podcast 267: Multi family Underwriting and Due Diligence with Sonya Rocvil

Sonya Rocvil is the Principal and Founder of Bedrock Real Estate Investors, a privately-owned real estate company, specializing in the acquisitions and asset management of multifamily apartments in the United States. She has syndicated and operated multifamily deals totaling 422 units and valued at over $21.5m. She has also been an equity partner for multifamily investments totaling 438 units and valued at $28.7m.

Sonya began her career as an auditor and later transitioned to finance at a Fortune 500 Company. Her depth of knowledge in business analytics and strategic implementations that drive growth, has made her successful in acquiring and operating multifamily properties.

Sonya is an Adjunct Instructor for the NYU School of Professional Studies and serves as Treasurer of the Council of Urban Real Estate. Sonya holds a Master of Business Administration from Baruch College, Zicklin School of Business and a Bachelor of Science in Accounting from Rutgers University. Sonya is a Certified Public Accountant and Licensed Real Estate Agent in the State of New York.

 

*DISCLAIMER – We are not giving any financial advice. Please DYOR*

 

(00:00 – 02:21) Opening Segment

-Sonya is being introduced as the guest Host
-Sonya shares something interesting about herself

 

(02:21 – 31:44) Multi-family Underwriting and Due Diligence

-Sonya shares how she started in real estate
-Sonya shares her very first real estate investment
-Sonya explains the difference between underwriting and due diligence
-She shares her steps in the underwriting process
-And also she shares her process of due diligence
-Sonya shares her transition process from auditing to underwriting and due diligence
-How does her license as a CPA and Real estate license help with multi-family acquisitions
-She share an example of when good underwriting and due diligence helped save her deal
-Sonya shares if she ended up with bad deals
-She also shares her favorite real estate market right now
-She also shares her best real estate investment deal
-Sonya shares her challenges during the pandemic

 

(32:00 – 35:10) Fire round

-Sonya shares his investment strategy
-She also shares his favorite Finance, real estate book, or any related book
-She shares about the website and tools that he can recommend
-Sonya’s advice to beginner investors
-Also she shares how he gives back

 

(35:10 – 35:56) Closing Segment

-If you want to learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel and you can reach out to Alpesh using this link.