BiggerPockets

Hi Adam,

I've attached the one I use.

I can help if you want to do a more comprehensive analysis or if you want to send one you have completed for a second opinion.

My contact information is on my site.

sorry it has taken so long to reply, I'm kind of blown away by how many messages I've gotten asking about more detail. Instead of replying individually, I'm going to try to answer them all at once. I don't know what I've gotten myself into :shock:

1) what do you personally use him for? Well starting about 3 weeks ago I actually signed a " contract" with him. I was so amazed at what he did for me that I now use him on everything I do. For small prospect projects he does basic reports and helps me analysis the location, property, market etc. I have him run numbers to see if they are even feasible. These are not real indepth, I only use the comprehensive one's once I've decided to go forth or if I am deciding between two good projects, or if I am talking to investors.

2) what can he do? I've yet to figure out what he Can't do. Everything I've said " that would be great" he has done. It is hard to explain but everything is really custom. We spoke at lengths about what I was looking for and the next day he has a report that fit the bill. It was really amazing.

I was so impressed (I'm really critical so it doesnt happen often) that I flew him out to give a presentation to some potential investors. He has changed my business and for that I am very grateful. I use to do very small deals now I am doing mid size ($3-$12mil) and almost twice as many. Even the recent economic slow down has had no effect on my business.

3) What does he charge? that is another hard question to answer. He charges a " fair" price, but it is really fair. Please do not relay any of this infomation to him if you speak but I pay him a flat fee on each project and then give him a bonus. Because of what he has done for me I pay him a large amount, but he tells me that he charges fees depending on how much TIME & EFFORT the work requires. For basic number crunching, it sounds like he charges any where from $50-$150. I really don't know. For reports that I use in my presentations, lender apps etc it's a lot more.

4) Is it worth the money? ABSOLUTELY. for less than an appraisal he saves/makes me a huge amount of money. That is why I have him work on everything I do. Any huge deal he is now a part of period. We now compete with the big boys and to me that makes all the difference in the world.

5) Can you email me his contact info? Like I said before no! Give me your contact info and I will pass it along. With his services, there is absolutely no way that you can possible do everything by email unless you have lots of patience. It really helps to just get on the phone with this kid for a few minutes and talk about what you need, fees timeline etc.

6) what do the reports consist of? The reports are like nothing I have ever seen, even from the top analysts I have run across. There are proformas, cash flow analysis, sale/valuation sheets, IRR/NPV analysis (absolutely wild stuff!), expense anaylsis, monte carlo and sensitivity analysis and lots more.

Some of it is above my head, but he clearly explains the importance in his write ups. The thing I like best is " Investor profile" where he describes the ideal investor for a particular project. I found this to be so effective for raising capital, investors love it!

I don't have time to answer anymore right now, I need some sleep badly.

Email me his contact info anyone that has not done so yet. I will not send you his.

I will try to answer the rest of the questions later, but you guys are kind of overwhelming me right now. I'd rather he tells you about his business than me.

- OPM

Always interested in meeting a whiz kid with a reasonable menu...! Haxton by the way I have your info I'll contact you for a possible project...Im in b/w guys with your skills at the moment.....take care and thanks for the posting!