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Multifamily Legacy Podcast

May 22, 2018

Take what’s complicated and make it simple. For example, multifamily investing is easier than you think. You can find deals, and make your money grow. But you need a tool to underwrite those deals.

So, I am officially introducing the Kahuna Cashflow Calculator. It’s simple to use, and it works! I want to share with you how I underwrite because I want to be a roadmap to help you make it to the top, too.  

Topics on Today’s Episode:

  • I share a story about my dad, who taught me everything about life and who you should be: Help others
  • I describe how my cashflow calculator works
  • Broker sends you an operating memorandum (OM), which should include a rent roll to get the gross potential rents
  • Subtract the physical vacancy at the property
  • Determine the utility reimbursement fee (residential utility bill-back system, or RUBS)
  • Calculate other income, including vending machines, laundry facilities, and any fees, to receive the affective gross income (AGI)
  • Start calculating the expenses, such as insurance, security, and salaries (theirs and ours) on a per unit/door basis
  • Net operating income (NOI): You can control or manipulate the value of a property
  • Who wants to overpay for things? Wall Street wants a nice, steady, rising income
  • The higher the cap rate you buy at, the better; the lower the cap rate you sell at, the better (but when you underwrite, be conservative)
  • Make cashflow, a ton of money, and live a sunset and palm trees kind of lifestyle that will set you free

Links and Resources Mentioned:


“The great thing about this calculator, it’s simple to use, and more importantly, it works.” Corey Peterson

“When you have a certain amount of’s what you do to help others that really counts.” Corey Peterson

“The higher the cap rate that you buy at, the better; the lower the cap rate that you sell at, the better.” Corey Peterson

Don’t forget to download my Free Workshop Quickstart Video Series, and if you like what you have heard please leave a review on iTunes.

Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.