Commercial Real Estate Analysis: Find Your Roots
Posted on 30. Mar, 2011 by Brandon in Brokerage, General
photo credit: idle_a_while
Sometimes we forget that an entire industry revolves around a very basic technique: valuing property.
From Commercial Real Estate Analysis stems Commercial Real Estate Investors, REITS, Commercial Real Estate Agents, Brokerage Firms, etc.
When considering the lure of the Commercial Real Estate Industry, that sizeable transaction fee, the large scale property ownership and coinciding rents, whether purchaser or transactioneer, all too often we’ll skip ahead and forget our foundation: Commercial Real Estate Analysis.
So here’s a reminder, an ode to that ancient technique that brought us here, Commercial Real Estate Analysis.
Step back almost four thousand years to the Ten Commandments, an original champion of private property. Thou Shalt not Steal, is not only moral but implicative, implicative of private property. As it’s not always been the case, and due a number of influential voices, most notably Aristotle’s Politics, our entire professional careers, and many of our lives’ ambitions, are owed to a disputed philosophy.
However, in every instance of accepted private property law, the next step is a very artificial process called property valuation. It’s a human creation. It’s not necessarily natural, but neither is clothing, and sometimes it seems to make sense.
How to Spot 4 Commercial Real Estate Billionaires: Belief (Part 2 of 4)
Posted on 24. Mar, 2011 by Brandon in 4 Billionaires, General
photo credit: designldg
The second installment of Commercial Real Estate Billionaires features the 90th Richest American and the 5th Richest Real Estate Billionaire, a man who runs headstrong against the supposition that Real Estate Billionaires ‘cherish privacy’, and who also ran for presidency (twice), at $3.4B, Henry Ross Perot Sr. has accumulated plenty of wealth and public advice on Real Estate and Life.
Despite his lack of success in two presidential runs (though the most successful third-party presidential candidate in terms of the popular vote since Theodore Roosevelt), you can hardly consider Ross Perot a failure. In fact, I’d be hard pressed to find anyone that does. (more…)
Present Value: Welcome to Redundantland
Posted on 16. Mar, 2011 by Perry in Brokerage, Excel
Photo Credit: pixelmama
Welcome to Redundantland where financial terms overlap, things seemindistinguishable, and everything makes perfect relatable sense. Right?
In two of our previous resource pages, Time Value of Money and Discount Rates, Present Value plays a significant role, and it’s about time it received its own post.
Let’s recap two very important concepts… (more…)
10 Ways to Achieve 10%: An Unconventional Guide to being your Best #CRE Self
Posted on 09. Mar, 2011 by Perry in Brokerage, General, Resources
So we’ve released our first e-book, do we feel changed somehow? accomplished? brazen even?
All of the above, and I might add, shameless. “An Unconventional Guide to being your Best #CRE Self” is a mini-conglomeration of best received advice and industry experience wrapped in a mini-attitude.
Download Here: 10 Ways to Achieve 10%
Take a shower, snub a friend, let someone else suffer through the tie; just take-to-heart ten surefire steps to rise above the average… and no one wants to be average.
So do what the average wouldn’t do, read the mini e-book, and remember it’s free (rising about the average is generally cost-effective, but still, we’re here to highlight the book: it’s free).
And to celebrate the release of the mini e-book we’re offering a mini-discount on all REsheets products and services (5% off, use coupon code: mini05). That’s $10 off the REsheets ToolBelt, $25 dollars off the Apartment Cash Flow Model.
Wow, that’s quite generous of you guys
If you’re of a different opinion, continue to suffer through your spreadsheet artifact, and the rest of us will be certain to recognize REsheets’ price points are reasonable to begin with.
Let the mini e-book be a guide to quickly reconfigure the mind. Everyone needs a tune up now and again.
We’d love to hear your thoughts below.
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IF Statements: Becoming an Excel Bully
Posted on 01. Mar, 2011 by Perry in Excel
Photo Credit: goulao
“Alright you little ninny, give me your lunch money!” I heard that a lot growing up… frankly, I got tired of saying it.
Telling people what to do can be an invigorating experience, and as I’ve found over several years of building financial models for commercial real estate analysis, Excel was built to bully. Excel does as it’s told, and never tells on you. So what’s the best way to become an Excel Bully? The IF Statement.
We strongly suggest before you continue reading, download the sample spreadsheet by clicking here. It includes practical application, examples, and a prove-you-know-it section! (more…)