Balance sheet structure
I need to build a balance sheet for my properties. What I have so far... Assets, cash and the properties. Liabilities, balances owed on properties, credit cards and lines of credit. Am I missing anything there? Also, under the assets... how do I value the properties? I know they are all worth more then what I paid, but how do I figure this out for banking purposes? Local comps? Rents/expenses? Please help