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17 September 2019 | 2 replies
At this point I immediately need someone to form a few LLCs.
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19 September 2017 | 13 replies
The only thing I wouldn't recommend is running off to invest in the Akron's of the world because some company markets pro-forma cash-on-cash return rates to you.
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1 October 2017 | 10 replies
.- So i have built a fairly basic "pro forma" model and attempted to calculate CoC for certain loans etc with sensitivity tables on rates etc.
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12 February 2017 | 2 replies
They weren't aware of doing cap rate analyses on the market, nor did they fully understand pro formas.
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10 October 2016 | 2 replies
Thanks Michael, I know I need to form a company to protect my personal assets.
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7 March 2017 | 2 replies
I'm happy to provide a pro forma for a serious inquiry.
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8 January 2017 | 40 replies
The pro forma is the turnkeys show you are a complete joke and are so dishonest and when you put real numbers in and account for all the real expenses you end up making nothing Also they are selling you a property for way above market value and you will never get that money back it's an automatic loss any property they try to sell you look at the houses in the neighborhood I guarantee you they are tens of thousands of dollars cheaper They are just a business they are selling you the dream of real estate but really they are the ones making all the money by flipping properties and selling them at a huge profit margin to naive new investors The companys that show decent numbers are in crappy neighborhoods and are mostly section 8.
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6 September 2014 | 1 reply
Since my partner and I are on the deed and are operating currently as sole proprietors, I don't think it makes sense to "form a business" with a separate tax id number just to open a bank account with the PM company.
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21 November 2023 | 77 replies
Here's a good starting place to build a pro forma.
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30 January 2023 | 22 replies
Make sure their pro forma is conservative and includes increased cap rates.