What Exactly is Adjusted EBITDA? - EP.21

Today we’re going to talk about Adjusted EBITDA — or in Brad’s
world, Adjusted NOI; Net Operating Income. So what is it? First
off, it depends who the player is. Are they legit? 


It’s a super critical number and important to get right — so tune
in for today’s short and sweet episode all about Adjusted EBITDA!


Key Takeaways:


[:13] About our topic today: Adjusted EBITDA!


[:22] What is Adjusted EBITDA?


[2:42] A simple example of Adjusted EBITDA.


[3:32] Non-valid Adjustments in the real estate world to Net
Operating Income (NOI).


[5:23] Valid Adjustments Brad has seen in the real estate world.


[9:35] A couple examples of valid Adjustments we see in the
private equity world.


[13:00] Wrapping up today’s episode!


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