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[@chernobelskiy](/creator/twitter/chernobelskiy)
"This continues to be one of the craziest real estate stories I've ever heard"  
[X Link](https://x.com/chernobelskiy/status/1981758917593194803) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-24T16:25Z 26.3K followers, 9031 engagements


"5. Financials & reality checks Year-by-year projections alongside T12 financials Rent and sale comps that are actually comparable Top X risks and how youre mitigating them None of this is surprising I hope yet youd be surprised how many decks skip half of it"  
[X Link](https://x.com/chernobelskiy/status/1980762543921713516) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-21T22:26Z 26.3K followers, 4073 engagements


"@barreiropm Yup my thoughts exactly. I'd also say it's worthwhile to put them front and center as opposed to dealing with the other stuff that's less unique (e.g. XX% irr)"  
[X Link](https://x.com/chernobelskiy/status/1981159504411873434) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-23T00:43Z 26.3K followers, XXX engagements


"Real estate version of this is GPs who buy everything with insane fees to LPs and then skip dd due to closing on too many deals - iykyk"  
[X Link](https://x.com/chernobelskiy/status/1981194062960218344) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-23T03:00Z 26.3K followers, 2681 engagements


"3. Deal structure Hold period and expected cash flows Sources & uses (dont bury fees in closing costs) Capital stack terms fees and co-invest Waterfall with clear return-of-capital language"  
[X Link](https://x.com/chernobelskiy/status/1980762541262623159) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-21T22:26Z 26.3K followers, 3149 engagements


"4. Market & exit Actual market narrative (not just pasted graphs) Exit strategy and assumptions including entry vs exit cap rates Sensitivity table showing how key variables impact net LP IRR"  
[X Link](https://x.com/chernobelskiy/status/1980762542608912709) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-21T22:26Z 26.3K followers, 3560 engagements


"@buyahause yes and no. yes because saving taxes leads people astray in terms of sound decision making no because it's somewhat standard to transact on STNL buildings with little visibility into the financials (many rely on size public financials or summary financials which are trash)"  
[X Link](https://x.com/chernobelskiy/status/1981780586940551581) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-24T17:51Z 26.3K followers, XX engagements


"@BillyBeluga actually happens more often than you think - e.g. how many people buy walgreens/starbucks/cvs buildings without knowing how good of a location they're buying"  
[X Link](https://x.com/chernobelskiy/status/1981781282091946112) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-24T17:54Z 26.3K followers, XX engagements


"Most multifamily decks miss the basics I dont mean the fancy pro forma or IRR targets - I mean the fundamentals that actually help an LP decide whether to invest. Heres what I think every multifamily (and frankly any private real estate) deck should include:"  
[X Link](https://x.com/chernobelskiy/status/1980762537085006019) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-21T22:26Z 26.3K followers, 31.9K engagements


"Most GPs think investors care first about numbers vintage net IRR CoC leverage geography etc. But in reality what most LPs want to understand first is the story because we all know that an IRR is fungible. Before diving into the deck and model LPs want to know:"  
[X Link](https://x.com/chernobelskiy/status/1981154533142360180) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-23T00:23Z 26.3K followers, 20.9K engagements


"I paused my free weekly digests for some time but I want to let you know that we're back up Google x CRE minimum multifamily due diligence investing for tax benefits and more in your inbox"  
[X Link](https://x.com/chernobelskiy/status/1981862657138594301) [@chernobelskiy](/creator/x/chernobelskiy) 2025-10-24T23:17Z 26.3K followers, 1283 engagements

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

@chernobelskiy "This continues to be one of the craziest real estate stories I've ever heard"
X Link @chernobelskiy 2025-10-24T16:25Z 26.3K followers, 9031 engagements

"5. Financials & reality checks Year-by-year projections alongside T12 financials Rent and sale comps that are actually comparable Top X risks and how youre mitigating them None of this is surprising I hope yet youd be surprised how many decks skip half of it"
X Link @chernobelskiy 2025-10-21T22:26Z 26.3K followers, 4073 engagements

"@barreiropm Yup my thoughts exactly. I'd also say it's worthwhile to put them front and center as opposed to dealing with the other stuff that's less unique (e.g. XX% irr)"
X Link @chernobelskiy 2025-10-23T00:43Z 26.3K followers, XXX engagements

"Real estate version of this is GPs who buy everything with insane fees to LPs and then skip dd due to closing on too many deals - iykyk"
X Link @chernobelskiy 2025-10-23T03:00Z 26.3K followers, 2681 engagements

"3. Deal structure Hold period and expected cash flows Sources & uses (dont bury fees in closing costs) Capital stack terms fees and co-invest Waterfall with clear return-of-capital language"
X Link @chernobelskiy 2025-10-21T22:26Z 26.3K followers, 3149 engagements

"4. Market & exit Actual market narrative (not just pasted graphs) Exit strategy and assumptions including entry vs exit cap rates Sensitivity table showing how key variables impact net LP IRR"
X Link @chernobelskiy 2025-10-21T22:26Z 26.3K followers, 3560 engagements

"@buyahause yes and no. yes because saving taxes leads people astray in terms of sound decision making no because it's somewhat standard to transact on STNL buildings with little visibility into the financials (many rely on size public financials or summary financials which are trash)"
X Link @chernobelskiy 2025-10-24T17:51Z 26.3K followers, XX engagements

"@BillyBeluga actually happens more often than you think - e.g. how many people buy walgreens/starbucks/cvs buildings without knowing how good of a location they're buying"
X Link @chernobelskiy 2025-10-24T17:54Z 26.3K followers, XX engagements

"Most multifamily decks miss the basics I dont mean the fancy pro forma or IRR targets - I mean the fundamentals that actually help an LP decide whether to invest. Heres what I think every multifamily (and frankly any private real estate) deck should include:"
X Link @chernobelskiy 2025-10-21T22:26Z 26.3K followers, 31.9K engagements

"Most GPs think investors care first about numbers vintage net IRR CoC leverage geography etc. But in reality what most LPs want to understand first is the story because we all know that an IRR is fungible. Before diving into the deck and model LPs want to know:"
X Link @chernobelskiy 2025-10-23T00:23Z 26.3K followers, 20.9K engagements

"I paused my free weekly digests for some time but I want to let you know that we're back up Google x CRE minimum multifamily due diligence investing for tax benefits and more in your inbox"
X Link @chernobelskiy 2025-10-24T23:17Z 26.3K followers, 1283 engagements

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/creator/twitter::1299174062896242689/posts