Evaluating a Multifamily Property can be a little intimidating. I'm going give you some great tools today to help you with that.

You'll get what's called an OM a "broker's offering memorandum", and it's going to typically have a T12. The trailing 12 months income and expenses. Now some brokers know what they're doing and some don't, so that's why you have to do what's called normalizing the expenses.

You have to go line by line and make your own determinations on what you should be allocating and projecting for these different line items when you do an analysis of a property.

In this video I'll go deep into that process.

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