How Do You Practice Real Estate Financial Modeling for Interviews?

Hey everyone,

I’m currently preparing for a real estate financial modeling test and honestly feeling a bit stuck — it’s hard to tell if my model is correct or if I’ve missed something.

I’d love to hear how you guys practice:

  • Do you usually build models from scratch, or start from an existing template and modify it?
  • Do you use ChatGPT or other AI tools to help? If so, how — any examples?
  • How do you check your model for accuracy after finishing?
  • For different types of projects (construction, renovation, development, refinancing, waterfall, etc.), do you keep them all in one model or create separate tabs?

If anyone’s in a similar situation, I’d love to connect — maybe we can practice and learn together!

Thanks in advance for any tips or advice

2 Comments
 

A.CRE. Take one of their finished models. Put it on one screen. Build an identical model on another screen. Repeat 3X. Do this for a few different models. Then try and build some shit with no guide. Move on to interview modeling tests on youtube. This guy is kick ass -->

 

Ask AI to explain shit, audit formulas, etc. Quit trying to figure out how to learn and just start learning instead. 

 

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