16 min listen
JF1639: Breaking Down the T-12: Apartment Financial Statements Part 3 of 6 | Syndication School with Theo Hicks
JF1639: Breaking Down the T-12: Apartment Financial Statements Part 3 of 6 | Syndication School with Theo Hicks
ratings:
Length:
34 minutes
Released:
Feb 27, 2019
Format:
Podcast episode
Description
Last week’s syndication school episodes were all about the rent roll. This week, Theo is talking about the T-12 (trailing 12, profit & loss statement) it has different names sometimes, but we’ll refer to it as simply the T-12. We’ve provided a free T-12 from an actual deal in the notes below. You’ll need to know how to read this statement for your apartment syndication business. If you never plan to buy larger apartment buildings, you’ll still need this skill for smaller properties if you want to accurately perform your due diligence. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Gross potential rent on the T-12 and the rent roll should be pretty close” Free Document (Real T-12 from a deal): http://bit.ly/trailing12 Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.
Released:
Feb 27, 2019
Format:
Podcast episode
Titles in the series (100)
JF 18: Sneaky Small Stuff that Leads to Big Revelations: What do window tracks, outlet covers and the sides of dishwashers have in common? Mark Ahern is about to tell you and, more importantly, why knowing the answer will help you initially evaluate the condition of a property faster. by Best Real Estate Investing Advice Ever