Andrew I second Bryan Hancock.Sellers typically sell pro-forma numbers.

Don't just take "pro forma" numbers (or the Listing Agents' word) as gospel.

I'm looking at their properties listed online and the cash flow numbers are incredible, many are cash flowing 500-550 a month (pro forma).

He has developed a high quality portfolio explaining the details of the investment, and pro forma numbers.

Their first purchase would be cash so would all they need to buy be that they form a US LLC and transfer funds into that LLC?

As an example, calculate what would happen to your income if you hand tenant turnover that last 1 or 2 months for each of your units.In addition, just a suggestion: look up how to build a pro-forma and identify what your investments' Internal Rate of Return looks like.

The principal payback isn't a hard expense on a pro forma however it is a negative cashflow.

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.

Town & Country can be purchased at a 9.50% cap rate on in-place financials, adjusted for taxes and replacement reserves above the line and an 11.55% cap rate based on pro forma NOI.

I'm in a similar boat with Britney and I'm very curious about getting in on Wholesaling.I got a few questions as you seem like a pretty invested and  knowledgeable person on the topic, and I'd like to take some tips form a professional.Do you do mentoring by chance?