WEBVTT - created by www.amberscript.com 1 00:00:00.419 --> 00:00:07.490 Apartment self-storage, mobile home parks, anytime you're grouping your revenue items 2 00:00:07.590 --> 00:00:12.529 together, then you're going to be doing the same kind of analysis. So here we're 3 00:00:12.630 --> 00:00:16.079 going to walk you through how you would enter that kind of financial analysis. The first 4 00:00:16.180 --> 00:00:23.700 to start a file select File/New assumptions. And you were put in the investment name, 5 00:00:24.129 --> 00:00:27.479 that's the name you want to top of the reports, the APOD purpose, proper location 6 00:00:27.579 --> 00:00:31.680 and proper type of her narrative only, and they only show up in the APOD and then 7 00:00:31.780 --> 00:00:36.060 a square feet of units. You want to put no less than 2000 equal to the number 8 00:00:36.159 --> 00:00:39.210 of units less than 2000. If you're going to be basing it off of the units. If you're doing 9 00:00:39.310 --> 00:00:43.810 apartments, you might have 20 apartments doing self-storage, you might have 400 10 00:00:44.049 --> 00:00:48.720 different units. Just fill that in. And when you click OK, or in this case, 11 00:00:48.819 --> 00:00:51.729 we're going to say cancel. You come back to the assumption edit screen. 12 00:00:52.779 --> 00:00:56.069 The investment page is the buy and sell the property from the day you buy it 13 00:00:56.169 --> 00:00:59.740 and how long are you going to hold it? If you go up to the movie menu item 14 00:01:00.009 --> 00:01:04.139 under investment or talk about using it for investments are going over the sales 15 00:01:04.239 --> 00:01:09.220 price methods and more detail. If we go to the investors page, this is a tax area 16 00:01:09.459 --> 00:01:13.380 again on a movie, it's going to show you all the different things you need to think 17 00:01:13.480 --> 00:01:18.620 about when it comes to taxes. Then we have depreciation of the building. Again, 18 00:01:18.720 --> 00:01:23.510 we have movies, but a no less than 100 percent of the price, if you're doing 19 00:01:23.610 --> 00:01:27.500 self-storage, you can be doing 39 years here. If you're doing apartments 20 00:01:27.599 --> 00:01:31.310 or multifamily, it's going to be twenty seven point five. You can have as many 21 00:01:31.410 --> 00:01:34.290 different capital spending items as you want here. We added refrigerators 22 00:01:34.769 --> 00:01:38.569 on the loan page. If you want more loans to go up to Edit and add a loan page, 23 00:01:38.669 --> 00:01:42.470 you can have as many as you want under movie showing it alone. It talks 24 00:01:42.569 --> 00:01:46.290 about the different areas amortizing basics. If you're not familiar with loans. 25 00:01:46.839 --> 00:01:50.540 Then we have revenue pages. If we were going to do a self-storage, we probably 26 00:01:50.639 --> 00:02:00.699 add a revenue page. We call this 10 by 10. Quickly, calculator. To say we have. 27 00:02:03.230 --> 00:02:08.119 Ninety six of these or twenty 20 of these and how much they're going to make per 28 00:02:08.220 --> 00:02:13.809 month. Click on paste a piece in there, we're going to have that growth three 29 00:02:13.910 --> 00:02:18.459 percent, that's just a glimpse of how you put in a revenue. But if you go up 30 00:02:18.559 --> 00:02:22.539 to the movie item under revenue, there's lots of movies showing you under your 31 00:02:22.639 --> 00:02:25.759 investment investment and other things showing you exactly how you do that. 32 00:02:26.389 --> 00:02:29.739 And then you have the different expenses. You had a page just like you did with 33 00:02:29.839 --> 00:02:34.639 the revenue expense add expense page and you just build up your pages like you're 34 00:02:34.639 --> 00:02:38.929 building up a notebook of your different assumptions for your apartment complex.