Acquisitions Analyst at Bungalow (Remote)

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Bungalow is the largest and fastest-growing roommate living company in the United States. We’re on a mission to create a world where everyone can truly feel at home, wherever they want to live.

We work with homeowners across the US to take the hassle out of property management and maximize what they earn so we can provide renters with the best homes the market has to offer. 

And we know it can be challenging living with roommates, but we believe it’s worth it. We’re removing the hassle from moving and everyday living and providing an affordable product that helps people live in the cities where they have better access to opportunity.

Role Overview
Join our community! We’re looking for an Acquisitions Analyst who will be an integral hire to our Real Estate Strategy team. You will partner with our in-house brokerage team, investment partners, and real estate strategy team to deploy capital into our target markets. Our team is dedicated to underwriting and acquiring homes to be managed on the Bungalow platform. This role will work on a fast-paced acquisition pipeline, leveraging our proprietary, automated sourcing and underwriting technology to evaluate residential properties daily. 


What You Will Do

  • Analyze Single Family Residential (SFR) Real Estate properties, including calculating investment returns and maximum potential purchase price in Bungalow’s proprietary digital sourcing tool
  • Determine valuation by assessing revenue potential (leveraging Bungalow’s proprietary pricing model), operating expense forecasts, and renovation CAPEX planning
  • Recommend properties for purchase and partner with investment team to seek approval on acquisitions 
  • Work with Bungalow’s Renovation & Onboarding teams to evaluate densification potential of new homes, and incorporate this into ROI forecasts
  • Synthesize complex and diverse information from multiple data sources, spotting inaccurate data and auditing automated underwriting recommendations 
  • Analyze expansion markets for trends observed in current successful markets
  • Review the physical location characteristics of the home to ensure it meets standards
  • Communicate with Renovation, Property Management & Maintenance departments to complete due diligence and refinement on forecasted expenses and renovation cost assumptions 
  • Build and maintain a portfolio level proforma in Excel forecasting overall SFR acquisition pipeline performance
  • Collaborate with in-house brokerage agent and transaction management team to initiate purchase offers and track successful closings 
  • Additional Acquisitions and Asset Management special projects as warranted
  • Key Metrics include:
  • Properties underwritten week - target goal > 20 homes 
  • Estimated rent vs Contractual rent

Who Are You

  • Real Estate financial analysis competency
  • College degree in Finance, Economics, or Accounting preferred, or Real Estate finance course work
  • Must be a strong communicator with the ability to work in a team environment
  • Strong Excel skill set The ideal candidate would have a passion for real estate, an analytical mind, attention to detail, and a drive to exceed goals.

What We Value
1. Build better. Always challenge the status quo, constantly look for ways to improve across the entire organization.
2. Focus on impact. Ruthlessly prioritize and continue to ask: "Does it scale?"
3. Community first. We always look for ways to make our applicants, customers, and teammates feel more at home. We are the steady & trusted source for members new and old.
4. Feedback obsessed. We are constantly looking for feedback (from customers & teammates) in order to find ways to improve our experience across all facets of the organization. We never settle for the status quo, we consistently drive progress and growth by challenging our mindset and iterating our processes.
5. Move fast. We are less afraid of making mistakes than we are of losing opportunities by moving too slowly. We are a culture of builders & innovators.
6. Be an owner. You are the expert & ruler of your domain. If you see something broken, fix it or work with the team to make sure we are always at our best. Always look for ways to improve organizationally and personally.

Life at Bungalow
- Remote-first company culture
- Optional co-working hubs in San Francisco, Salt Lake City, Miami, and Ontario
- Competitive cash compensation and stock options
- Comprehensive medical, dental, vision, life, and disability benefits; employee premiums are 100% employer-paid
- 401(k) sponsored by Fidelity
- $200 monthly wellness stipend and weekly meditation and yoga classes
- Generous time-off policy + 11 company holidays
- Up to 16 weeks of fully paid parental leave for both caregivers

Additional Information
Founded in 2017 by Andrew Collins and Justin McCarty, Bungalow is the premier residential real estate marketplace. With leading investors, such as Atomic, Khosla Ventures, Coatue, Founders Fund, and Deer Park Road, Bungalow is rethinking the residential real estate market by providing renters with a more convenient, flexible, and communal living situation. To ensure our products and culture continue to incorporate everyone's perspectives and experience, we never discriminate on the basis of race, religion, national origin, gender identity or expression, sexual orientation, age, or marital, veteran, or disability status. For more information, visit and check out our Series-C funding coverage here!

Applicant Notice

The California Consumer Privacy Policy Act (the "CCPA") obligates covered businesses to disclose to consumers (including employees and job applicants), at or before the point of collecting personal information ("PI"), the categories of PI to be collected and the purposes for which the categories of PI shall be used. 

In the course of the job application process, we may collect the following categories of PI for the purposes of evaluating you as a job applicant:

- Identifiers such as a real name, alias, postal address, unique personal identifier, online identifier, Internet Protocol address, email address, account name, driver’s license number, passport number, social security number, or other similar identifiers;
- Professional, education, or employment-related information;
- Other information you voluntarily provide to us, including, without limitation, demographic information, benefits information, or family and dependent information. 

Currently, we are implementing procedures in order to reduce the risk of spreading the COVID-19 virus in and throughout the workplace. Therefore, we are notifying you that if you visit our physical offices and facilities for an interview, we also may collect the following additional category of PI: medical and health information. Specifically, we may collect your body temperature along with information about whether you have or display certain symptoms such as fatigue, cough, sneezing, aches and pains, runny or stuffy nose, sore throat, diarrhea, headaches, or shortness of breath, whether you have recently been in close contact with anyone who has exhibited any of these symptoms, and whether you have recently been in contact with anyone who has tested positive for COVID-19.

We will not collect any additional categories of personal information or use your personal information collected for any other purpose without providing you with additional notice consistent with the CCPA.

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