Proforma vs. P&L -- Which do I rely on for valuation? (Part 3 of 3) - 08/15/08 07:21 AM
Continuing ...
So we've qualified for the loan, or at least got all of the documentation in place to do so. And, we've established our basic criteria for Building, Location, and Demographics (BLD) Now what?
We examine P&L's, Proforma, or both. For properties that look like they will meet our BLD criteria, we will request … (0 comments)
Proforma vs. P&L -- Which do I rely on for valuation? (Part 2 of 3) - 08/15/08 06:47 AM
Continuing, we are now in a position to focus on the property.
Because you're astute, you'll know that Building, Location, and Demographics are three criteria about the prospective investment we'll use to evaluate the property but, you ask, where does the Proforma vs. P&L question come in? And because I'm astute, I reply, as an element of … (2 comments)
Proforma vs. P&L -- Which do I rely on for valuation? (Part 1 of 3) - 08/15/08 06:29 AM
Depending on whether you're representing the Seller or Buyer, when it comes to establishing value, having access to at least two years of P&L statements is what a Realtor wants to set price.
With that said, there are frequently exceptions to that, yet what I typically find is that the Buyer has to feel like they are … (2 comments)
Do you buy the program, the book, or just learn from the school of hard knocks? - 08/14/08 08:36 AM
Some of us learn best by attending workshops, seminars, college length classes, and others just buy the book.
Unfortunately, the reality is that these are all just aides to help us narrow the extent, and quantity, of the number of mistakes we will make. That can be the good thing that results from education … (2 comments)
Obama vs. McCain and Wall Street Socialism -- Freddie and Fannie, and more. - 08/13/08 02:01 PM
In the Blog entry of Colleen Fischesser - Why Listen To Your Realtor? According to Glenn Beck, You Shouldn't!, I'm reminded of the how many Realtors seem to be in a quandary when it comes to being able to justify needed regulation in the financial industry -- needed to help stabalize … (0 comments)
What happens when your brain gets you off on the wrong track? - 08/06/08 01:17 PM
What happens when your brain gets you off on the wrong track, and it totally overpowers your heart?
Many times in business, we get so engrossed in the details of making sure we don't make any mistakes, we begin to have a lot less tolerance for others who can, and do, make mistakes. "They must be stupid!" … (1 comments)
Will Real Estate still be sold from cars? - 08/01/08 03:04 PM
"Any attempt to increase supply must be coupled with even heavier investment in energy efficiency and other methods to decrease oil demand - an approach that, to his credit, McCain has said will be a key part of his energy policy (although in the Senate he has skipped or voted against … (0 comments)
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