Excel will always carry out your commands perfectly, and in so doing, it will betray you. Here are the top 6 ways to debug and quality check. Happy auditing! 1.... read more →
1. How did you get started in the business? I interned with a land brokerage company during the summer before my... read more →
How do you determine the discount rate for your analysis? An easy question to ask and a somewhat tricky one to answer. What is the discount rate? The discount rate... read more →
Sometimes we want to copy a formula that contains relative cell references exactly as it is and paste those same relative cell references into another cell. The problem is that... read more →
A note from an REFM Customer: Hi Bruce, Nice chatting with you earlier today. In the final semester of my finance undergrad a couple of years back, I enrolled into... read more →
This is the first in a series of 7-question interviews with REFM customers who are rising stars in their fields. Craig Berberian, Founder and CEO of Empire Property Group [caption... read more →
The #1 mistake with running the NPV calculation for an acquisition of an existing property is to accidentally discount the Time Zero investment amount. By definition, at Time Zero, the... read more →
The differences between levered (with debt) and unlevered (without debt) deals appear in lines C and J. Note that both deals return a Year 1 5% cash-on-cash return to equity,... read more →