BIWS Real Estate and REIT Modeling feedback

I used this package. I thought it was a good intro to RE modeling. Well worth the time and money in my opinion.

I'd like to know as well. I'm currently trying to transition to analyst role from a research role in a different industry. I have the Real Estate Finance & Investments book by Bruggeman & Fisher and am working my way through that, but am thinking about buying the BIWS RE package to put on my resume as well. Has anyone had success finding a gig with that package? Would it be enough to gain consideration for an entry-level analyst role?

I really want to try this out, but first I need to get a PC.

Biws is great if ur in reib since it is dealing with REIT valuation. Id say 60% of the course is reit related. If ur looking for a more real estate oriented course I recommend refm.

I personally use REFM and find it really helpful. I chose the self-study material but don't plan on working towards any certification. Additionally, they are/were running a 50% off deal on many of their models recently so it might be worth checking out their site.

I bought BIWS and the REFM basic courses. Highly recommend buying both and working through them. The different perspectives complement each other nicely. Between both courses and the models you will work with on the job you can become a competent modeler quickly.

For some context, I work for a developer but also model out acquisitions of income-producing assets. Building a model or two from scratch for a hypothetical acquisition or development, leaning on the programs as you go, and showing it to someone in the business for feedback is the best way to go.

Thanks for the input everyone. Very helpful and starting to consider REFM a little bit more for what I'd like to do.

The course has a good outline for JV waterfalls

I don’t know if it’s illicit thing to say it on here, but does anyone want to sign up/grant me access for REFM or BIWS courses to save some money? Please feel free to pm to discuss.

Bump.

I'm wiling to trade REFM Courses (Apartment/Multi-Family Building Acquisition Financial Modeling OR Single Transaction Equity Joint Venture Partnership and Waterfall Modeling Bootcamp) for BIWS REIT Modeling course OR REFM Development course. PM me if interested.

I took the REFM. I've been on Wall Street in fixed income sales for a decade, switching to CRE, capital advisory. Basically finding equity/mezz/debt for commercial deals: matching institutional capital sources (PE, Life Insurance, CMBS conduits) with developer/sponsors. I need some basic modeling skills to be conversant on both the developer pro-forma and the equity/debt capital source side of a deal. I have some finance background, but not much in the past decade as selling bonds is mostly lighting cigars and buying beers. REFM was a nice little refresher, but pretty basic for anyone who has modeled anything and has a basic understanding of NPV, IRR, DCF etc. That said, I look at a alot of excel models and a few of these "basics" have enlightened me significantly as to what I am looking at. I would gladly swap out the files I have for the REFM self study (all 3 courses) to have a look at the BIWS REIT version. PM me if you want to swap.

What did you end up purchasing? Do you want to swap for Wall Street Prep's premium package?

I'm on the same track as also have done the 3 REFM and need to learn BIWS RE.