ASK MIKE MONDAYS - Michael, I'm a PASSIVE INVESTOR and I am reviewing someone else's underwriting; what should I be looking at?
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles · Paul Peebles
April 15, 201812m 30s
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Show Notes
IF you are a passive investor you want to review a realistic PROFORMA before you invest. Michael discusses line items on the operating statement such as rental rate growth, loss to lease, property tax step-up costs, and future labor costs. Are the assumptions from the SPONSOR too aggressive?