Hi Jamie, could you go into detail on how you got your average rental rate. I look forward to your response.
@Trachtedotcom
2 жыл бұрын
At 21:17 on the video we are talking about rates per sq ft. The math in the example shown starts with a 10x10 unit (100sq ft) for 77.25 per month. To convert that to a rate per sq ft, you would take monthly rate/sq feet of that unit and then multiply by 12 months. So, (77.25/100)*12 = 9.27 In Trachte's basic investment calculator we use an average of the rates for a 10x10 and 10x15 to develop a ballpark income number for rough projections on basic drive up sites. When looking at management reports for a property this is usually a provided figure. Rate per sq (average for the whole property) is a helpful metric for broad comparisons and rough cash flow.
@natethetoe386
2 жыл бұрын
The place down the road rents a 10x10 for $158 a month. So [$158 x 12 Months] / (100 Sqr feet) = $18.96 a Sqr foot. Am I doing my math correctly for the >$8 sqr foot analysis?
@Trachtedotcom
2 жыл бұрын
The calculation is correct, although you may want to use the 10x15 rate for a more conservative estimate, especially if you are in an area with some larger average unit sizes. The smaller units tend to rent for more per sq ft.
@bearsmouth5722
3 жыл бұрын
Do you have a list of Feasibility people i could use in Indiana
@Trachtedotcom
3 жыл бұрын
We have a list of consultants here on our web site: www.trachte.com/resources/industry-specialists/#feasibility-consultants
@derekroberts47
3 жыл бұрын
Hi Jamie, Thank you for the videos! I would love to discuss my project with your team. I've emailed and called a few times, but I haven't received a response in a few weeks. I Look forward to hearing from you. Thank you
@Trachtedotcom
3 жыл бұрын
Hi Derek, it's been a crazy spring of building activity, sorry for any missed or delayed response. Try contacting our Regional Manager for CA (Mike Larson) directly at 608-327-3128 mlarson@trachte.com
Пікірлер: 9