Real Estate Financial Modeling Accelerator (Updated Nov 2024)
Prior to launching the Accelerator program, Michael and I fielded email after email requesting a more structured real estate financial modeling training program on the site.
Over the years, we've covered hundreds of real estate modeling…
Watch Me Build a Residential Land Development Model (Updated Sept 2024)
Over the years, we've created a sizable library of Watch Me Build videos covering Excel models for various real estate investment and property types. However, we've yet to create a Watch Me Build involving for-sale product. So this weekend,…
Land Development Model – Multi-Scenario (Updated Jun 2024)
Over the years, we've shared eight development-focused real estate financial models and numerous development-specific tools to the A.CRE Library of Excel Models. Nevertheless, there's been a hole in the development offerings in our library.…
Excel Pro Forma for Flipping Houses (Updated Apr 2024)
Before moving to the principal side of the business, I began my career as a self-described real estate investment specialist, largely working as a land broker but dabbling in other areas including the popular "single-family flip" space. In all…
Residential Land Development Pro Forma (Updated Feb 2024)
As many of you know, I started my career in residential land development first as a broker and later as a principal. During that time I built my fair share of residential land development Excel pro formas, modeling returns and forecasting cash…
Single Family Home Construction Pro Forma for Home Builders (Updated Jan 2024)
I'm often asked to share models centered around residential development and home building. This is an area of real estate I'm completely comfortable in, since I spent the first 10 years of my career in new residential development.
Not surprisingly,…
Single Family Residential Investment Analysis Model (Updated Apr 2023)
Pre-2008, I bought and sold my fair share of single family homes - both for investment purposes (rental or flips) and to live in. In those days, almost everyone was "investing" in residential real estate - hence the market crash. I personally…
Single Family Rental Proforma (Updated Apr 2023)
With all the continued and growing interest in single family rentals these past few years, I decided to spend some time these past few days diving into building a single family rental proforma.
Prior to getting underway, and what we encourage…
Watch Me Build – Capital Stack with Mezzanine Debt
One of the more difficult aspects of modeling a real estate development is figuring out how to handle equity and debt cash flows. This becomes all the more difficult when a second tranche of debt is introduced. In this Watch Me Build video,…
Watch Me Expand the Home Construction Pro Forma
I'm regularly asked to expand my single family home construction pro forma to analyze the construction of more than one home. I've contemplated adding that functionality to the model, but it is such a custom task that no template could really…