We projected $55,100 on the pro forma with our actual collections now post-rehab at $57,390, so over a 21% increase in gross receipts was attained in a 6-month period.

We could use the meetings to discuss deal sourcing, investment criteria, running pro-forma's on current opportunities etc.

So should i A) pay the reinstatment fee, past due annual fees and make an amendment  to the name of the llc under the current FEID on Sunbizor should i just form a new LLC and obtain a new federal employment identification number .

Should I just let this go and form a new company or should I try to save it and the EIN/credit?

I built my pro-forma for my multi-family property around the management fee of 8% that they agreed to and this will obviously impact my monthly cash-flow.Thanks in advance for your thoughts.

Howdy @Jason MaAs @Brent Coombs said the 30 minute analysis idea that Brandon refers to is the initial Pro forma analysis.  

All pro forma numbers. 26 door apartment complex in Lakewood, WA.

Brenton Vandenbosch If income is tight, but you have other skills that you bring to the table, you could look to form a partnership with others who do have capital.

Monthly Income: Monthly Expenses: Monthly Cash Flow: Pro Forma Cap Rate: $2,875.00 $2,468.65 $406.35 8.84% NOI Total Cash Needed Cash on Cash ROI Purchase Cap Rate $18,485.75 $0.00 Inf% 9.99% Property Information Purchase Price: $185,000.00 Purchase Closing Costs: $5,000.00 Estimated Repair Costs: $2,000.00 Total Cost of Project: $192,000.00 After Repair Value $209,000.00 Down Payment: $0 Loan Amount: $193,920.00 Loan Points: $1,920.00 Loan Fees: Amortized Over: 30 years Loan Interest Rate: 5.770% Monthly P&I: $1,134.13

Greetings all, Looking to form a multi-member LLC in Texas.