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The Best Ever CRE Show

JF1632: Breaking Down the Rent: Apartment Financial Statements Part 1 of 6 | Syndication School with Theo Hicks

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 20 February 2019

⏱️ 25 minutes

🧾️ Download transcript

Summary

This episode is all about the Rent Roll. What is it? How do you get it? Why do you need it? All of these questions and more are answered in this episode of Syndication School. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “By the end of these two episodes, you’re going to learn what a rent roll is, how to obtain it, why you need it, and other important things to look for” Free document for this episode: http://bit.ly/rentroll Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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1:05.0

It's important to break apart these different types of units because they're all going to have

1:09.2

different current rents.

1:10.8

They're all going to have different rents once you actually stabilize the property,

1:14.7

and they're all going to cost a different amount of money to actually renovate.

1:18.0

They didn't know all of that in order to have the most accurate underwriting as possible.

1:21.9

It's that time of year again, tax season.

1:25.0

Dun-an-an-an-an.

1:26.0

How are you doing on tax season?

1:27.0

How's that treating you so far?

1:29.0

Well, if you have a lot of receipts and you're organizing things like your income and expenses and creating reports.

1:35.0

And you're also trying to keep up to date with a new tax reform this year.

...

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