Noi of multi family properties

[Ken Mccarroll]

When evaluating a property how does one find all the info to properly input the info to figure up the noi. To get to the cap rate and so on??

[Rick Martin]

@Ken Mccarroll request to get the t12 (the trailing 12 months) and the rent roll (to verify rent figures on the t12) from the broker or seller. This will have the last 12 months' revenues and expenses to determine your NOI. You can also request the T3 for the most recent trends in income, but still, use the t12 for expenses.