Rent Roll Analysis: Fill & Download for Free

Mny people have run this regression analysis, in the hopes that, as people earn more, rents go up in an area.Housing prices and rent rolls are not dependent variables upon wages, salaries, or stock bonuses.Any correlation would be non-causal.The closest variable upon which these things would depend would be the wage floor, rather than wages, salaries, and stock bonuses.In other words: what the least amount is that people in the area are paid.This sets a labor cost floor which drives up housing prices, and concurrently, rents.There is not a direct causal relationship on rent rolls, again, if there’s rent control in a given area, constraining the available rental housing inventory.To run this properly, you would need a very, very large data set, and you would need to identify all possible variables on which dependent variables might depend, and then you’d need to perform an independent regression analysis on each factorial combination of possible variables driving the dependent variables.Good luck prying that data set out of anyone, short of using an army of graduate students to do the research in a given geographic area for you.

I can only speak to the more “institutional” world of brokerage, but the process generally goes as follows:Owner/seller provides basic information about the property including current rent roll, leasing prospects, current operating budget, pro-forma projection of operations and a few years of operating historyBroker prepares a “Broker Opinion of Value” (BOV) which is basically a report on the strengths and weaknesses of an asset, projected cash flows, the asset’s perception in the market, availability of debt for the property, potential buyers (or at least buyer profiles), and concludes with a range of potential sales value and a time frame to run an effective marketing and sales processOften there is an in-person or telephone “pitch”. The seller often invites more than one broker to pitch their opinion of value and marketing strategy for the asset.Seller selects a broker to represent them in the sale. Negotiate listing agreement.Seller provides additional information on the property and the broker creates an Offering Memorandum (OM) which is a full-blown book detailing things about the property including location, tenant profile, physical attributes, financial projections, etc.Broker runs a sale process. Typically with 2 rounds of bidding. First there is an indicative bid stage to narrow the field. The second round is where potential buyers get much more detailed in their underwriting.Offers are accepted and evaluated. Potential buyers are qualified on their ability and track record to close, price of offer and closing conditions/contract issues. Highest offer price alone does not always prevail.Typically there is a due diligence period for the potential buyer to conduct physical and environmental analysis, prove-out the rent roll, etc.Assuming due diligence is clean, both sides move toward closing.

If you are looking for an accountant for your real estate business, then you have several ways to choose best accountant for your business. But these all the ways are very tough and time spending and it's not having a guarantee for getting right accountant for your real estate business.MAC provides professional Real Estate bookkeeping services to property managers and real estate companies. Our real estate bookkeeper team can help your business with essential accounting for real estate investors such as getting set up in QuickBooks or with advanced consulting on forecasting and strategy. Our High-experienced property management bookkeeper can help your real estate business with real estate accounting services such as getting worked on QuickBooks Online/Desktop or with advanced consulting on forecasting and strategy.What's Included in Real Estate Accounting ?Tenant Accounting – Lease setup, move-ins, move-outs etc.Accounts Payable – Entry of invoices including 2/3 way matching with POs, utilities and payments to the vendor and agentsAccounts Receivable – Monthly rent run, processing rental receipts and section rent receipting etc.General & Month End Accounting Activities – Bank Reconciliation, Mortgage and insurance escrow reconciliations, month end accruals and schedules of paymentsBudgeting Forecasting Support & Analysis – Prepare budgets, financial analysis and cash flow forecasting support.Investor Support Activities – Real Estate, Property Investor reports and dashboardsSoftware Upgrade Services – Prepare software transition plans, Set-up chart of accounts and handle accounting data migration from old to new.Rent Roll Analysis – Comprehensive rent roll analysis of a property for buyers financial analysis, tenant analysis.Lender Reporting – Financials, land leasing reports, property management executive summaries and other reports with respect to the property.