50% Rule for Analyzing

[James LaFarr]

When analyzing a property on a site like LoopNet, do you use their NOI that the seller has listed, or will you calculate your own NOI using the 50% rule or something similar to analyze it?

[Bjorn Ahlblad]

I never go by the numbers in a listing they are just Pro Forma which is Latin for "I am making this up". If I am interested in a property I plug in my own numbers and then do the calculations.