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25 January 2024 | 35 replies
There is a quick back of the napkin analyzer that they have for free linked here (https://www.sharplineequity.com/napkin) as well.
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10 February 2023 | 47 replies
Nice post this is why spread sheet calculators that use % can lead you into trouble. folks need to just use napkin math to start.. 50% of gross rents for all expenses and cap ex then deduct mortgage..
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28 March 2017 | 10 replies
This makes the normal rules or back of the napkin tests fail.
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23 November 2023 | 16 replies
I know you don’t need or even care about the money but I want you to have it because our community is forever and I’m so forever grateful for those super bulletproof legal contracts and disclosures that you sent me that are 100 napkins long.
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22 December 2023 | 6 replies
Back-of-napkin projections, $150-250k renovation, $1000-2000/month LTR, $150-250/day STR.D2) New construction of 1-2 additional small cabins for the same purposes as D1. $90-250k to build, $850-2000/month LTR, $80-250/day STR.D3) Establish 4-12 primitive camp sites (potential for future improved sites). $25-50/day per site STR.Nothing is owed on property other than negligible taxes each year.
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13 April 2023 | 9 replies
The back of napkin numbers seems to work out, and from what I've read online it could be a healthy value add to the property.
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1 January 2024 | 9 replies
Let's draft up the agreement between you and me on a napkin.
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30 March 2018 | 1 reply
Reviews of upflush toilets talk about pump issues when non-toilet waste (bobby pins, dental floss, sanitary napkins, etc) gets sucked into the pump.
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30 December 2023 | 35 replies
If yes, that's great, that's what one wants. yea.... additional income doesn't really matter, napkin calculator: value add apartment biz can only add value maximum 0.50 bps so only add from 4 to 3.5 cap........
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29 December 2023 | 7 replies
In one text to me they claimed it was my responsibility to fix what they did because in the lease it states that THEY are responsible to keep the premises in a clean and sanitary condition.