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All Forum Posts by: Andrew Reyes

Andrew Reyes has started 13 posts and replied 52 times.

Post: How to estimate expenses on a multi-family

Andrew Reyes
Posted
  • Investor
  • New York, NY
  • Posts 52
  • Votes 15

Thanks, Rosston! In your experience have seller provided expenses been reliable? I feel like they have reason to fudge the numbers to make the property look more appealing and drive up the sales price.

Post: How to estimate expenses on a multi-family

Andrew Reyes
Posted
  • Investor
  • New York, NY
  • Posts 52
  • Votes 15

Hi All,

I am starting to save for my first rental property, hoping to find a suitable 3-4 unit asset that will cash-flow. As a little background on myself I am a tax consultant by trade (applying for my CPA license in January), and want to build my real estate portfolio that will provide solid cash-flows to supplement my earnings and accelerate my retirement.

How do you estimate operating ans capital expenditures on a month-by-month basis to determine NOI?