Most courses give you concepts. Exit Basis gives you working deals — each with a complete data set, so you underwrite them the way you'd underwrite a real one that landed in your inbox.
Florida reassesses to your price on sale. Garden Court teaches you to see the ~$197K Year-1 tax step that the OM's trailing number never shows — and what it does to your real going-in.
Lease-up math is different from stabilized math. Heights teaches the bridge-to-agency capital structure, concession burn-off, and Georgia's 40%-of-FMV tax methodology.
Not every deal is a value-add. Riverbend teaches the modest-return profile of stabilized cash flow, Texas's highest-in-the-country commercial tax rates, and agency 7-year interest-only debt.
A complete, realistic data set — not a toy example. Here's a slice of one deal's rent roll, in-place rents against market.
| Unit | Type | In-place | Market |
|---|---|---|---|
| 204 | 1x1 | $1,395 | $1,520 |
| 211 | 1x1 | $1,360 | $1,520 |
| 302 | 2x2 | $1,795 | $1,940 |
| 318 | 2x2 | $1,910 | $1,940 |
| 405 | 3x2 | $2,240 | $2,350 |