A large part of the initial advice I provide people potentially interested in buying a vacation home here in the Orlando area is built around pro forma statements that we have created based on actual rental incomes and expenses.Feel free to private message me if you feel that I can help you.Keith

If a number is a round number or looks to good to be true then you have to dig in and build out your own pro forma for expenses.

I'm seeing reasons to/to not form a corp - tax benefits and asset protection, basically.

The simple answer, you put together a pro forma that will outline all sources of income and expenses, CoC, ROI, etc.

I don't trust the agents pro forma.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

Confident that we can do this, I went ahead and persuaded him to form a holding company with me to buy real estate.

Large rental population, low taxes, affordable properties, and desirable pro-formas make STL a favorite amongst cash flow and BRRRR investors.

I'd be happy to send the pro forma tool along to you if you like to play with uses and the values they create for the land.

I haven’t seen it on any sellers pro forma yet. 2 cents.