Are you considering investing in commercial or residential real estate as part of your financial plan? If so, first-time investors will want to know how to prepare, read and understand a real estate proforma, which analyzes a property’s potential income and determines what you can expect for a property’s cash flow or net operating income (NOI).
Amy Chhom guides us through this introductory review of creating a simple real estate proforma for all types of real estate transactions and discusses how a proforma should be used by an investor when considering any real estate investment.
Amy founded The Chhom Group with the intent of supporting driven real estate entrepreneurs. She performs all functions of real estate to include Brokerage, Property Management, and Real Estate Development.
Slides can be accessed here: Building a Proforma – MFF.
A Journey to Personal Financial Success
Standards of Financial Literacy (SFL), MFF’s signature program, supports the concept of personal financial freedom by giving participants of all ages the insight to set goals, track net worth and apply acquired knowledge. This online, self-paced program is ideal for individuals and groups alike.
Upon successful completion of SFL’s six-module course, participants become an MFF Fellow. Becoming an MFF Fellow is the ticket to access additional MFF courses and opportunities for mentoring, networking, internships and hands-on projects. These are the opportunities which allow MFF Fellows to continue their journey to personal financial success.
To learn more about this exciting program, click here.