• Create Account
  • Login
  • Open Valuate
  • REFM Affiliate Marketing
  • Product Chooser
  • Credentials Verification
Real Estate Financial Modeling Real Estate Financial Modeling Real Estate Financial Modeling Real Estate Financial Modeling
  • My Account
  • Credentials Verification
  • Open Valuate
  • REFM Affiliate Marketing
  • Product Chooser
  • Home
    • About
    • Why Real Estate and REFM
    • The REFM Story
    • Testimonials
  • REFAI Certification
    • About REFAI
    • Preview the Course
    • Buy Now
  • Textbook
    • Learn More
    • FREE Audiobook of Chapter 1
    • FREE Online Companion
    • Buy Now
  • Software & Tools
    • Software
      • SpreadsheetGrader
      • Valuate
    • Free Excel Tools
      • Multi-Family / Apartments
      • Condominiums and Townhomes
      • Office / Industrial / Retail
      • Hotel
      • Land and Housing
      • Self-Storage
      • Leasing
      • Excel Keyboard Shortcuts & e-Books
    • Excel Projection Models for Purchase
      • Multi-Family / Apartments
      • Condominiums and Townhomes
      • Office / Industrial / Retail / Leasing
      • Hotel
      • Land and Housing
      • Self-Storage
      • Private Equity Funds
      • Mortgage Notes
    • JV Database
      • Learn about the JV Deals Database
      • Submit a record to get free access
      • Search the Database
  • Training & Certification
    • REFAI Certification
    • Private Coaching
    • Corporate Solutions
      • Corporate Solutions Overview
      • Corporate Live Training
      • Corporate Self-Study Courses
      • Online Excel Skills Assessment Testing
    • Self-Study Programs
      • The New York Course
      • Foundations and Certification
        • Level 1, 2, 3 Bootcamp Bundle – Best Value!
        • Level 1 Excel for Real Estate Bootcamp
        • Level 2 Real Estate Finance Bootcamp
        • Level 3 JV Waterfall Modeling Bootcamp
        • Understanding IRR
        • Level 1, 2 Bootcamp Bundle
        • Level 2, 3 Bootcamp Bundle
      • Joint Ventures and Private Equity Funds
        • Level 1, 2, 3 Bootcamp Bundle – Best Value!
        • Level 3 JV Waterfall Modeling Bootcamp
        • Level 2, 3 Bootcamp Bundle
        • Private Equity Fund Modeling
      • Development Transactions
        • Condominiums/Townhomes
        • Apartment/Multi-family
        • Office/Industrial
      • Acquisition Transactions
        • Apartment/Multi-family
        • Office Property
    • Colleges and Universities
      • Colleges and Universities Overview
      • Live Training
      • Self-Study Courses
      • SpreadsheetGrader Software
    • Excel Certification
      • Certification Program In Excel For Real Estate
        • About the Certifications
        • Level 1 Sample Questions
        • Level 2 Sample Questions
        • Level 3 Sample Questions
        • View Certification Holders
      • HP 12c Skills For Real Estate Certification – Free!
    • Free e-Books and Excel Keyboard Shortcuts
  • Consulting & Auditing
  • Blog
    • Home
    • Education & Skills
      • Real Estate Finance 101 Mini-Quiz
      • Joint Venture Waterfall Modeling Mini-Quiz
      • Financial Modeling 101 Mini-Quiz
      • Principles of Commercial Real Estate Finance Course
      • Video Tutorials
      • 60-Second Skills
      • Peter Linneman Audio Interview Series
    • Cap Rates
    • Capital Markets
    • Crowdfunding
    • Development
    • Financing
    • Joint Venture Partnerships
    • Private Equity Funds
    • Valuate Software
    • Valuation
Real Estate Financial Modeling Real Estate Financial Modeling
  • My Account
  • Credentials Verification
  • Open Valuate
  • REFM Affiliate Marketing
  • Product Chooser
  • Home
    • About
    • Why Real Estate and REFM
    • The REFM Story
    • Testimonials
  • REFAI Certification
    • About REFAI
    • Preview the Course
    • Buy Now
  • Textbook
    • Learn More
    • FREE Audiobook of Chapter 1
    • FREE Online Companion
    • Buy Now
  • Software & Tools
    • Software
      • SpreadsheetGrader
      • Valuate
    • Free Excel Tools
      • Multi-Family / Apartments
      • Condominiums and Townhomes
      • Office / Industrial / Retail
      • Hotel
      • Land and Housing
      • Self-Storage
      • Leasing
      • Excel Keyboard Shortcuts & e-Books
    • Excel Projection Models for Purchase
      • Multi-Family / Apartments
      • Condominiums and Townhomes
      • Office / Industrial / Retail / Leasing
      • Hotel
      • Land and Housing
      • Self-Storage
      • Private Equity Funds
      • Mortgage Notes
    • JV Database
      • Learn about the JV Deals Database
      • Submit a record to get free access
      • Search the Database
  • Training & Certification
    • REFAI Certification
    • Private Coaching
    • Corporate Solutions
      • Corporate Solutions Overview
      • Corporate Live Training
      • Corporate Self-Study Courses
      • Online Excel Skills Assessment Testing
    • Self-Study Programs
      • The New York Course
      • Foundations and Certification
        • Level 1, 2, 3 Bootcamp Bundle – Best Value!
        • Level 1 Excel for Real Estate Bootcamp
        • Level 2 Real Estate Finance Bootcamp
        • Level 3 JV Waterfall Modeling Bootcamp
        • Understanding IRR
        • Level 1, 2 Bootcamp Bundle
        • Level 2, 3 Bootcamp Bundle
      • Joint Ventures and Private Equity Funds
        • Level 1, 2, 3 Bootcamp Bundle – Best Value!
        • Level 3 JV Waterfall Modeling Bootcamp
        • Level 2, 3 Bootcamp Bundle
        • Private Equity Fund Modeling
      • Development Transactions
        • Condominiums/Townhomes
        • Apartment/Multi-family
        • Office/Industrial
      • Acquisition Transactions
        • Apartment/Multi-family
        • Office Property
    • Colleges and Universities
      • Colleges and Universities Overview
      • Live Training
      • Self-Study Courses
      • SpreadsheetGrader Software
    • Excel Certification
      • Certification Program In Excel For Real Estate
        • About the Certifications
        • Level 1 Sample Questions
        • Level 2 Sample Questions
        • Level 3 Sample Questions
        • View Certification Holders
      • HP 12c Skills For Real Estate Certification – Free!
    • Free e-Books and Excel Keyboard Shortcuts
  • Consulting & Auditing
  • Blog
    • Home
    • Education & Skills
      • Real Estate Finance 101 Mini-Quiz
      • Joint Venture Waterfall Modeling Mini-Quiz
      • Financial Modeling 101 Mini-Quiz
      • Principles of Commercial Real Estate Finance Course
      • Video Tutorials
      • 60-Second Skills
      • Peter Linneman Audio Interview Series
    • Cap Rates
    • Capital Markets
    • Crowdfunding
    • Development
    • Financing
    • Joint Venture Partnerships
    • Private Equity Funds
    • Valuate Software
    • Valuation
Best Practices
Real Estate Financial Modeling / Best Practices / Page 2

9 Best Practices for auditing your Excel spreadsheets

It's not really possible to string together a more painfully boring term than "spreadsheet auditing". Auditing is a painstaking activity that requires intense concentration, an obsessive attention to detail, and its only... read more →
  • March 23, 2016
  • Bruce Kirsch

The most dangerous mistake you can make with Excel Data Tables [ Free Excel download ]

We have blogged before on data tables. Their power and efficiency for sensitivity analysis is impressive. But setting them up 100% correctly is critical, because if you do not, they... read more →
  • March 7, 2016
  • Bruce Kirsch

The top three categories of mistakes to avoid when modeling CRE investments

On this week's Invest Florida podcast I discuss the top three categories of mistakes we make when running financial models on transactions. Check out the 40-minute audio interview here, and... read more →
  • February 2, 2016
  • Bruce Kirsch

How To Build Awesome Sensitivity Analysis 2-Way Data Tables In Excel

Below is the Excel so you can practice (you will need to download it by clicking on the download icon in the bottom border). Don't forget to see our other... read more →
  • November 17, 2014
  • Bruce Kirsch

[Chart] Development Financial Modeling Comparison: Income-Producing Properties

Some of the many nuances across these various development analyses. See here for a similar chart on condominiums vs. housing subdivisions.
  • July 16, 2014
  • Bruce Kirsch

The Ten Commandments of Real Estate Financial Modeling

Thou shalt carry a contingency line item Thou shalt not be arrogant Thou shalt not be careless Thou shalt not hard code numbers into a formula Thou shalt not promise... read more →
  • May 5, 2014
  • Bruce Kirsch

What It Means To Do Good Financial Analysis On A Commercial Real Estate Deal

Read my thoughts on it here on the Fundrise Blog.
  • November 28, 2013
  • Bruce Kirsch

60-Second Skills: Saving A Partially-Constructed Formula, Or Inspecting A Formula Outside Of Its Cell

To save a partially-constructed formula, or to inspect a formula outside of the cell in which it resides, simply put a single quote mark ( ' ) in front of... read more →
  • March 3, 2013
  • Bruce Kirsch

The Least Flashy And Most Important Real Estate Investing Activity – Dr. Peter Linneman

Why careful due diligence is so incredibly critical to being a responsible, smart investor, explained by Wharton Emeritus Professor Peter Linneman.
  • December 23, 2012
  • Bruce Kirsch

“Measure Twice And Cut Once” With Financial Model Formula Writing

We have old saws like this because they are timeless in their validity. Here are REFM's recommendations for writing and testing formulas in Excel before deploying them in your models:... read more →
  • October 30, 2012
  • Bruce Kirsch
  • 1
  • 2
  • 3

« Previous Page — Next Page »

Categories

  • 60-Second Skills
  • Analysis Framework Series
  • Apartments
  • Asset Management
  • Back Of The Envelope
  • Bankruptcy
  • Best Practices
  • Cap Rates
  • Capital Markets
  • Careers
  • Certification
  • CMBS
  • Commercial Leases
  • Company News
  • Construction
  • Consulting & Auditing
  • CRE JV
  • Crowdfunding
  • Deal of the Day
  • Debt
  • Development
  • Discount Rates
  • Disruption
  • Disruptive Innovation
  • Distressed Debt
  • Distressed Projects
  • Due Diligence
  • Entrepreneurship
  • Equity JV Partnerships
  • Executive Interview
  • Feasibility
  • Financial Model Audit
  • Financing
  • Hotel
  • Housing
  • HP 12c Financial Calculator
  • In Plain English
  • Investment Analysis Demand Monitor
  • Investment Sales
  • Job Hunting and Interviewing
  • Jobs
  • Joint Venture Partnerships
  • Knowledge Assessment Mini-Quiz
  • Leasing
  • Lenders
  • Linneman Audio Interview Series
  • Macroeconomics
  • Market Demand
  • Market Supply
  • Model for Success
  • Mortgage Notes
  • New York Real Estate
  • News
  • Online Calculator
  • Online Innovations
  • Partnerships
  • Present Value and Net Present Value
  • Principles of Commercial Real Estate Finance
  • Private Equity Funds
  • Project Leadership
  • Promotions
  • Property Management
  • Real Estate Companies
  • Real Estate Cycle
  • Real Estate Education
  • Real Estate Education and Students
  • Real Estate Market
  • Real Estate Private Equity
  • REFM Best Practices
  • REFM Certification
  • REITs
  • Retail
  • Sunday Weigh-In
  • The IRR Files
  • Training
  • Transactions
  • Trends
  • Valuate Software
  • Valuation
  • Value Add
  • Video Tutorial
  • Weigh-In
  • Wise Words

Learn About REFAI Certification

Get REFM blog posts, news and exclusive promotions by email!

The Best Book On The Business

Looking for the future of investment analysis?

Click the logo below to check out Valuate, our web-based software platform, free.

Learn about Valuate’s benefits in 30 seconds

Register for Valuate >
RegisterWithLinkedIn
Login to Valuate Now

Popular Blog Posts

  • The IRR Files: What Constitutes A Good IRR?   An REFM customer asks three terrific question...
  • 60-Second Skills: Annual IRR vs. Monthly IRR Formula And Other Non-Annual Cash Flow Increments   As a follow-on to last week's post on NPV, we n...
  • 60-Second Skills: Annual vs. Monthly NPV Formulas   There is a fundamental difference between solvi...
  • How To Select A Discount Rate For A Commercial Real Estate Investment How do you determine the discount rate for your analysi...
  • In Plain English: Apartment Property Loss to Lease and Downtime   Here are definitions of two sometimes misunders...

try Valuate instantly here

Guide: Getting started with Valuate

click me
Follow @BruceREFM

Get Free Tools from REFM

Download the world's best real estate resources directly to your computer. Click here to join the 1,000's of other real estate professionals who have already done so.

REFM Training Course Catalog

Other Blogs to Visit

  • A Student of the Real Estate Game
  • CREOutsider.com
  • Golden Group Real Estate
  • Select Leaders (RE Job Board)
  • theBrokerList
  • The Fundrise Blog
  • The Tenant Advisor
  • SquareFoot
Register for Valuate >
RegisterWithLinkedIn
Login to Valuate Now

Legal

  • Terms and Conditions
  • Privacy Policy

Valuate

  • Learn more
  • Create account
  • Login

Customer Support

  • Support Center
  • Contact Us
  • Become an Affiliate
  • Credentials Verification
  • Product Chooser
  • Subscribe to our Newsletter
© 2009 – 2022 Real Estate Financial Modeling, LLC. All rights reserved | Trademarks