Phillip Rhegness
Apartment Building Cashflow Estimator
10 July 2007 | 4 replies
The spreadsheet was very basic but it would eliminate the need to write out the formula on paper and then refigure it each time you changed a value.There are only seven variables you can manipulate but the final cashflow value is recalculated with each change.
Justin Lowe
getting started in commercial RE
22 July 2007 | 5 replies
If for no other reason, I think that you can get easily pigeonholed as either/or.
N/A N/A
207 Unit Apartment Building Deal
4 April 2012 | 6 replies
However, even if we use your numbers, this is a very poor deal.Gross Operating Income $1,519,291 $1,559,291 Less Expenses $518,179 $472,297 Net Operating Income $1,001,112 $1,086,994 Debt: ($9,975,000, 20 year, 7.5%) $964,296Cash Flow: $3,086 per month ($36, 816 per year) or $14.82 per unit per month.If anything is not as you hope or anything changes (like your debt adjusting), this could easily lose a lot of money.Using more realistic operating expenses, this deal is even uglier:Here's how I would evaluate this deal:Gross Operating Income $126, 608 per monthOperating Expenses: $63,304 per monthNOI: $63,304Debt: $80,358Monthly LOSS: $17,054I would suggest contacting the National Apartment Association or another apartment/landlord association and researching the operating expenses issues.
Joshua Hill
vacancy time period
13 August 2007 | 4 replies
If you have digital pics, you can easily package a simple PowerPoint presentation to email prospects.
Greg` D
Westchester County NY
13 December 2009 | 6 replies
You can much more easily keep track of changes in the market, new laws that are coming and other things that are hard to track as a 1 man band.Be less concerned about going to a new meeting.
Mike C
Question about Terminating contract
21 July 2007 | 1 reply
Okay.If you aren't using it in Texas, I wouldn't recommend using the actual form, but you can retype it pretty easily.
Joshua Dorkin
What stocks are you guys watching?
4 November 2007 | 16 replies
in order to eliminate "single stock" risk.
Joshua Dorkin
Forum Avatars (Member Photos)
24 January 2008 | 5 replies
This post is now outdated, as members can use their DASHBOARD control panel to upload an avatar quickly and easily.
Ed Melo
3 hole outlet on ungrounded line
10 March 2013 | 28 replies
If you are lucky and the wiring is in conduit, you can easily convert, but generally you will only see that in a multi-unit or concrete construction.
John Voorhis
Any advice in investing in real estate in Turkey
23 October 2007 | 2 replies
Some countries do not disclose transfers so you can not easily comp a property.MLS like facilities?