Rent Roll + T-12 Deep Dive
A fast, practical checklist: how to spot what matters in 5–10 minutes (and sound sharp in interviews).
Rent roll: what to scan first
Rollover + concentration
- Lease expirations by month/quarter
- Top tenants (office/retail/industrial)
- Credit + sales (retail)
Effective rent reality
- Free rent + concessions
- TI/LC obligations
- Blended vs new/renewal spreads
Collections
- Delinquencies
- Bad debt trends
- A/R aging
T-12: the red flags
What interviewers love to hear
- Normalize one-time repairs, legal, and non-recurring items
- Watch taxes/insurance (trend + reassessment risk)
- Check utilities and payroll inflation
- Sanity-check “other income” and fee add-backs