All Forum Posts by: Raheel Retiwalla

Hi @Mary P. thank you! I have included a link to the spreadsheet here. Before opening the spreadsheet, please make sure to read this BP post in details. The spreadsheet is a template that you can modify to personalize it to a property you are interested in. Anything highlighted in yellow in the sheet are numbers that you need to change for the property you are analyzing. In most cases properties listed on loopnet.com for instance will have a lot of the data that the spreadsheet needs (here is an example of such a listed property flyer), the financial data you will need to get from a mortgage provider or an amortization schedule from bankrate for example. If you are interested in a property and dont have the data in a flyer or in a listing, then you will need to contact the listing agent to get that data. Hope this helps. 

Good luck to you as well!

-Raheel

Thanks @Barry H. for your input. Yes, it is fully occupied and cashflowing. I was wondering for a property like this what should I expect to set aside for budgeted property management expenses?

I am trying very hard to know when to not get into the analysis paralysis state but it is my first time investing in real estate (apart from going through the process while owning a couple of personal homes). 

I feel a multi family unit is the best way in and have been reading the investing guide here at BP. The challenge is to focus on starting small (2-4 units) or is it OK to go in with a 12 unit first time. I don't mind getting right into it if the deal is good. I came across a particular 12 unit potential and based on the numbers (thanks to BP for walking through the deal analysis, I created my own spreadsheet from learning the analysis process), I was hoping to get the experts in this forum to weigh in and help me out. Would you invest in this (assuming the actuals hold the pro-forma) based on the attach deal analysis?

Thanks in advance!

-Raheel