Telling the story from the pro forma? 🤔⁣

[Kyle Curtin]

Good morning guys! I have been reading the Multifamily Millionaire Volume 2 from Brian Murray and Brandon Turner and absolutely loving it!⁣

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I just learned a really cool concept regarding evaluating the pro forma for bigger properties and finding the spots where the expenses may look “off” to be able to tell the story with the property.

There are a lot of tricks that sellers can use to alter the expenses in the pro forma to make the deal look like it will grant higher returns that it actually will sustainably. The pro forma is definitely something to take with a grain of salt when other folks give you their numbers!⁣

Absolutely awesome value here, it is explained that every pro forma tells a story, and it is up to us investors to figure it out and see where we can add value!⁣

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What do you think about this? Share below!⁣

#Lowell #Boston #Worcester #Massachusetts