Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

2
Posts
0
Votes
Rick M.
0
Votes |
2
Posts

Rent Roll - Underwriting Question

Rick M.
Posted

Hello,

I have been looking at T-12, rent rolls, etc for various properties for multifamily. One thing I did not understand on rent rolls in general is that there are unit types that are the same (same square ft), but charge separate rents (i.e. ranging from delta of $50-200 sometimes). I understand some are slightly better upgraded units that are noted which I understand, but sometimes they are $10-30 apart for the same unit). My question comes from underwriting purely. 

How do you classify it when you are underwriting a deal (meaning gross potential rents and subtracting the loss to leases and such)? I would think it would be cumbersome to list 5 Units A1 - $600, 6 Units - A1 - $610, 1 Unit A1 - $615 etc for each line item. Is there a more efficient way to go about it. 

I realize we have a T-12 and such, but when looking at the rent roll, I feel it does not make sense. Any advice? Thank you. 

Loading replies...