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The Best Ever CRE Show

JF1647: Apartment Financial Statements Part 6 of 6 | Syndication School with Theo Hicks

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 7 March 2019

⏱️ 28 minutes

🧾️ Download transcript

Summary

Final episode of the financial statements segment of the Syndication School series. Theo will be talking about more, you guessed it, financial documents. He’ll finish breaking down the OM today, and finish the episode with useful underwriting tips as it pertains to the entire financial statement series. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Compare their pro forma to their pro forma” Free document for this episode: http://bit.ly/offeringmemorandum 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

Compare their pro forma to your pro forma and then any discrepancies.

1:08.6

Identify you want to go ahead and ask that listing broker, hey, why are you making this assumption I'm making this

1:14.1

assumption because of A B C and D so then I'm missing something is there something you

1:17.8

shed light on so I know that I'm making the correct assumption

1:20.4

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

1:23.0

Dun-on-on-on-on-on-on-on-on-on.

1:24.0

How are you doing on tax season?

1:26.0

How's that treating you so far?

1:28.0

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

1:32.0

expenses and creating reports, and you're organizing things like your income and expenses and creating reports and

1:34.4

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

1:37.6

There's a lot of deductions that we can take to maximize return and there's a lot of strategies that we need to make sure

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