Multi-family LOI & NOI

[Kenyon Berry]

Hi everyone looking to get started with Multifamily investing in Houston. I was curious if anyone would be willing to share a template of what a formal LOI, NOI, and/or offer email looks like for multi family investing?

[Don Spafford]

@Kenyon Berry The LOI is the letter of intent used basically as a pre-offer to see if a general offer price will even be accepted before submitting a formal offer. The NOI is your Net Operating Income. You should read the book The Best Ever Apartment Syndication Book by Joe Fairless. I think it may even include a LOI example, I can't remember for sure, but it would have some other resources that can help.