JF1639: Breaking Down the T-12: Apartment Financial Statements Part 3 of 6 | Syndication School with Theo Hicks

Published: Feb. 27, 2019, 2:22 p.m.

Last week\u2019s syndication school episodes were all about the rent roll. This week, Theo is talking about the T-12 (trailing 12, profit & loss statement) it has different names sometimes, but we\u2019ll refer to it as simply the T-12. We\u2019ve provided a free T-12 from an actual deal in the notes below. You\u2019ll need to know how to read this statement for your apartment syndication business. If you never plan to buy larger apartment buildings, you\u2019ll still need this skill for smaller properties if you want to accurately perform your due diligence. If you enjoyed today\u2019s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

\u201cGross potential rent on the T-12 and the rent roll should be pretty close\u201d

Free Document (Real T-12 from a deal):

http://bit.ly/trailing12

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