Analysis of A Manny Koshbin Property - Performance of Building 333
From time to time, I like finding examples of other people's success from CRE deals and trying to reverse engineer the details, trying to figure out the other pieces to the puzzle.  I'm not sure if what I've come up with here is 100% true, but I believe it fits within the parameters and details of what was shared about this building in the original post, linked below with my notes.

[https://imgur.com/a/SLjyJZY](https://imgur.com/a/SLjyJZY)

It goes to show that being able to see the value in a property that is not occupied/stabilized, properly leased up, can be very rewarding.  Also a great example of how leverage helps produce those returns and keep the cash flowing!

Best,

\-HYD-
[{"id": "glc3y5c", "text": "I am a big fan of Manny. However, I don't think its of much use to look at the properties he speaks about on his youtube channel or instagram. He never gives enough information. It mostly seems like bragging.\n\nI want to know how he goes about identifying these properties and what leads him to believe that they are going to be worth X after an X investment of money and time. Properties like this one seem to always be for sale for an amount based on a pro forma rather than current financials. 9 out of the 10 pieces to figure this our are missing and I don't feel there is any learning to be done. Buy Low and Sell High is just an obvious thing to say with nothing attached.\n\nI am trying to transition away from a business that I founded that I am no longer in love with. I have 2MM liquid that I want to put to work in commercial real estate.\n\nI actually contacted some of Manny's \"staff\" to inquire about the masterclass that he offers. The cost of enrollment is $12,000 which in the grand scheme of things is not a lot of money to learn how to do what he does. HOWEVER, nothing would piss me off more than throwing away 12K. Think \"Trump University\". I would really love to know if anybody has actually used his masterclass and gained anything from it that helped them launch a career or helped them invest in capital appreciation assets from what they have learned from him.", "replies": [], "depth": 1}, {"id": "ihx5xnc", "text": "Great insight. I\u2019d love to pick your brain a bit, it\u2019s not letting me dm you. Anyway you can send me a message?", "replies": [], "depth": 1}]