Day 1 & 2 Homework: Reply to this post with your deal
Put the link from the crexi.com as a reply this post and that's your day 1 homework Day 2 Homework: run the numbers on your listing Find the NOl for your subject property (or a new one) from crexi.com Calculate the cap rate and run the bank test Determine what the whisper offer would be... If they provide the NOI, estimate using NOI = rents * units * 12 * (1- vacancy rate) * (1 - expense ratio) common vacancy rates are 5-10% common expense ratios are 40-45% The whisper offer is what purchase price will give you a ROI >= 15% Use this tool: https://chatgpt.com/canvas/shared/693db12e7350819193b4ddb90daf7986