Numbers Models Needed.

[Johnny Kula]

Looking to build models for a business plan.  The models I'm trying to figure out are more scientific vs. guestimate.  I was hoping to get some rock solid models from those that have done this for years.

1. Looking for a numbers/business model for single families (local and distant)

2. Looking for a numbers/business model for multi-families 4 or less units (local/distant)

3. Looking for a numbers/business model for larger multi-families, 5+ and apartment buildings (local/distant)

Also, in your opinion, would starting small with smaller down payments be better than just going in bigger for the first couple deals?  I don't want to eff up and blow the first deal and screw myself out of the business....so i'm thinking #1 & 2 first, and because they are residential still so easier to make the initial deals...

Been calculating using the 50% rule, but haven't had much luck working what I think is a deal...Trying the NOI model, but again, having a difficult time getting the numbers right in my head and on paper.

Do the seasoned folks just have a certain criteria, such as, if the NOI is under X, it's a NO GO. Or if the 50% rule is X or better, lets make a deal, etc?

Figuring the numbers out is the toughest part other than figuring out the FMV and where I should be offering...Once I get these models and pricing points down, I have just taken the next level and can start making offers, etc...

Thanks everyone,

Johnny