RESHEETS

Argus Software: What’s It Take to Provide Superb Analysis?

Posted on 04. Apr, 2011 by Brandon in Brokerage, General

photo credit: jbloughphoto

In Commercial Real Estate Analysis, it’s simple, Argus Software leads the way to industry standard.

It’s not that Argus is necessarily the best analysis provider, or the easiest to use, but Argus commands a certain respect in the Commercial Real Estate Analysis industry not to be overlooked.

So what are the drawbacks of Argus Software? Age, simple as that. Although improving, Argus runs on a bit of an outdated platform, offering a less than maximized workflow associated with complex input structures. Also, the price tag is considerably more expensive than alternative methods.

However, the drawbacks are nothing compared to the advantage of Argus: respect. The Argus brand associated with an Argus Software analysis adds instant value and credibility to any analysis performed. Brokers will often specifically request an Argus software cash flow analysis over general alternatives.

So what are some misconceptions often associated with an Argus Software analysis?

It’s Argus Software, it’s accurate. Just because it’s Argus, doesn’t mean it’s credible. (more…)

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.

(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

Positive vs. Negative Leverage: Arbitrage, Walmart, and Sir Isaac Newton

Posted on 27. Oct, 2010 by Perry in Brokerage, Resources

You’ve made it to CRE Financial Analysis 201!  Congratulations, Sir Walter Capital would be proud… not too proud… not even proud enough to pat your back… but proud enough not to crush you where you stand.  There is still much to learn and cover, much to make Walter proud.

In fact, there’s no better way to make Walter proud than to flash through a page of his book:

Sir Walter Capital was a man of few faults, no faults if you’re counting, and his investment record reflects that.  During his investment career, he lost money once – to himself, and both he and his betting counterpart came out on top.  Long term planning, diligence and meticulous analysis keep his winning legacy expanding: he’s had a hand in every major discovery since dinosaurs; and he’s capitalized… where do you think the Wal in Walmart comes from? (more…)

There’s Music in Absence and the Perfect Salesman

Posted on 05. Oct, 2010 by Brandon in Brokerage, General

Photo Credit: .neha.

I recently heard Pink on the radio, not exactly my pop-rock preference, however, she did something I rather enjoyed.  In her song “sober” she says, I don’t wanna be the girl that has to fill the silence… and the song ends for a measure, only to resume as normal.

It was a silly point, but it worked.

It reinforced her lyrics and you’re literally stricken by the absence of sound, adding perspective to the sound’s reemergence.  There’s a great musical quality in that particular withholding, and I was forced to appreciate the presence of the music thereafter (whether I liked it or not).

There’s my perfect salesman.  (more…)