Real Estate Financial Modeling

All | Argus | All-in-One | Excel Models | Excel Tips | Stochastic Modeling

real estate financial modeling courses

, , ,

Real Estate Financial Modeling Accelerator (Updated Jan 2025)

Before launching the Accelerator program, Michael and I received countless emails requesting a more structured, step-by-step real estate financial modeling training program. Over the years, we've covered hundreds of real estate modeling…
, ,

Multifamily Metrics and Strategies in a Post-COVID World

Commercial real estate is the business of building, leasing, managing and selling space. And the demand for and how that space is used is largely a function of human psychology and behavior. With the human-psyche turned on its head due to COVID-19,…
,

Real Estate Financial Modeling Using Google Sheets

Virtually every real estate firm in the world uses Microsoft Excel to analyze real estate. It's the industry standard and if you work in real estate you better know how to model real estate in Excel. So regardless of whether you love Excel or…
,

Permanently Remove “Update Links” Alert in Real Estate Excel Models

There are few Excel experiences more frustrating than getting that "this workbook contains links to one or more external sources" alert and not being able to find/break the external links causing it. In this tutorial, I teach you five steps…
,

Excel Tips: Index Match Match

In this post, I'm going to go over Index Match Match, which is a very useful Excel formula that is used in both the Hotel Valuation Model and the Hotel Acquisition Model - The Basic Model.  This formula allows you to hone in on a specific target…
, , , , , , , , ,

Watch Me Build a Tenant Rollover Analysis Model

The feedback has been positive on the ‘Watch Me Build a Multifamily Model’ video I recorded earlier this year. So I thought I’d follow that up with another. This time I build a Real Estate Tenant Rollover Analysis Model and talk through…
, ,

All-in-One (Ai1) Walkthrough #2 – Office, Retail, Industrial Rent Roll Tab

This walkthrough, our second in the series, will detail how to use the office/retail/industrial rent roll (see ORI-RR Tab). The rent roll tab is arguably the most important, and most complex, tab in the All-in-One model. Below we post a video…
, , ,

LIHTC (Low Income Housing Tax Credits) Overview and Calculator

Below is an overview of how LIHTC (low income housing tax credits) are calculated and applied to affordable housing projects. At the bottom of the post you will find downloadable excel files that correspond with the videos. LIHTC - An Overview LIHTC…
, , , , , , , ,

Watch Me Build a Multifamily Real Estate Model (Updated Feb 2020)

One way to become a better real estate financial modeling professional, is to watch other professionals model. I know in my career being able to physically see how others tackle different modeling problems has shaped my methods and made me better…
, ,

Create Dynamic Sub-Property Type Drop-Down Menus in Excel

A few years ago, I created a tutorial on building smart drop-down menus in Excel using dynamic named ranges and data validation lists. This offered a great way to have drop-down menus in your model that could be easily changed by the user to…
, , ,

Dynamic Amortization Schedule (Updated 2.06.2020)

This is a dynamic amortization schedule for debt that gives the user the capability to model a loan with an interest only period up front and an amortizing floating rate debt repayment period once the interest only period is over. This module…
, ,

Using VBA to Hide Rows in Excel

Over the next few minutes, I will show you two techniques for automatically hiding and showing rows in Excel using VBA code. These techniques I use regularly in my real estate financial models to make for a more intuitive user experience. In…
, , , , ,

Watch Me Build Data Tables For Real Estate Sensitivity Analysis

This is a 3 part mini-series on using data tables in Excel to perform real estate sensitivity analysis. In this series, I'll walk you through how to build both one-variable and two-variable data tables in parts 1 and 2. And in Part 3, I'll walk…
,

Modeling a Mortgage Loan Assumption Using the All-in-One

I recently had a discussion in the All-in-One support forum about how to model a mortgage loan assumption using my All-in-One Model for Underwriting Acquisitions and Development. Prior to version 0.77, this required manually overriding various…
, , , , , ,

Watch Me Build A Construction Draw Schedule (Updated Jan 2020)

In the following video, I record my screen and narrative my steps as I build a basic construction draw schedule. I've also included the template and completed worksheets from this Watch Me Build exercise. Are you an Accelerator member? See…
, , ,

How to Create Dynamic, In-Cell Buttons and Toggles in Microsoft Excel

Creating intuitive, user-friendly, visually appealing models is one aspect of mastering real estate financial modeling. One way to make your models easy for people to use and more attractive in general is to use dynamic, theme-appropriate, in-cell…