Offer Price
I am a Real Estate accountant so I am very familiar with booking real estate activity throughout the year and producing Balance Sheet and Profit & Loss statements however I am unfamiliar with how to analyze properties for investment purposes. I am a numbers guy so my question is how do I come up with a number, a specific number, to propose to a seller. I know there are other factors involved besides for the numbers such as location and where you think that market is headed in the future however, from a numbers and financial statement standpoint alone, how does one come up with a offer price?