
Course Start. What is Real Estate? In specific, what does it mean to invest in real estate? By the end of this lecture you should understand the emotional, or unemotional decisions you will make as an investor when thinking about investing in real estate.
By the end of this lecture you should understand the emotional, or unemotional decisions you will make as an investor when thinking about investing in real estate. You should also understand the need for advanced tools such as financial models that help you judge investments side by side.
The assumptions you build into your model will shape the projections you receive from the actual inputs.
In this unit we will organize different tabs to show different financials. We will learn how to reference cells back to our assumptions main tab. Basically, we will learn how to connect everything.
With the use of Macros we will be able to direct which type of cost we will incur (New Development or Re-Sale). We will also be able to activate our mortgage calculator.
In this unit we will create a short version of our financial statements sheet. We will use this sheet to present to investors, or print for ourselves.
Welcome to this finance course! What you can expect from this course is building the necessary tool to assess real estate investments. I will build the financial model with you, and explain the math behind the equations, and the meaning of every financial metric (Ex. CapRate). This is a hands-on course meaning I will provide the excel sheet for you to practice on your own time. This tool can be adapted to any real estate market. I will teach you common sense behind “complicated decision making". What is good about this is that you will not only build a financial model, but you will learn what makes up a good investment. We will take into account future values of a property, or equity, by measuring economic factors through a powerful excel financial metric named Monte Carlo Simulation.
Please send me a message for any question you may have. I look forward for us to enjoy.
My Best,
Marco