All Forum Posts by: Matthew Cartwright

Friend of mine is in a similar situation.  He is looking purchasing mobile home operation with 10 older units on the land.  He is going to donate them to a company, take the write off, and buy new ones.  The charitable giving will keep his NI down for years along with depreciation and interest expense.  It will be a while before he shows a paper profit. So no taxes paid on his cash flow 

 Thanks Justin!  I’ll take a look at them. 

Does anyone know if any good business plan  templates out there for real estate portfolios?  I am looking to do joint ventures and would like something professional looking for investors to look at. 

What are you seeing sellers reactions are when approached with statistical analysis that there properties are not worth what they say they are worth by wide margins?  

 I am looking at MFH only.  

I have been looking to start a partnership over the past two months for real estate investing. What I am seeing is that properties appear to be way overvalued, i.e. properties that are only generating $7-8k in rents per month are priced approximately $200-300k over what they should be to generate a 10% CoC ROI Y1. My question is am I setting my return goals too high or are properties just that overvalued? I have read that the price listed is just the owner's opinion, but surely they are basing the price on some sort of data. If a businesses true value is derived from all of its future cash flows discounted to present value, then how can some of these owner's be so far off?