Which RE modeling program is for me?

Landed a gig in development. Doing a fair amount of modeling/underwriting.

Excel skills are decent. I understand equity research in theory through the CFA program in which I’m a candidate. I’ve never worked IB so the modeling skills lag.

I want to EXCEL in my current role and set myself up for my next gig, ideally REPE. I’m craving the finance side of things.

For me, development was always something I wanted to learn, but it won’t be my career. I view this as a way to get exposure to the construction side. Pursuing the CFA is going to get me through the finance side.

I purchased WSP, did some, but got tied up with grad + Level 2. I didn’t, however, purchase the RE pack. So now is my chance to get something RE dedicated.

Thanks in advance for any input!

4 Comments
 
Most Helpful

BIWS is best, or just use adventures in CRE. I generally like ACRE models the best, they have blank templates you can rebuild with a tutorial as well. Im trying to get better at modeling now too (1st year analyst) and will just go through and build out an adventures in CRE model if I have some down time at work.

Personally, would not recommend REFM. I hate the way they build their models, make it very hard to follow

 

I agree with Adventures in CRE. I've used a couple different programs. ACRE + Linneman's textbook (depending on your knowledge base of RE Finance and Development modeling) is a great combo.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

how much of a finance base did you need for linneman? I know they have supplemental chapters but didn't know how much they helped.

 

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“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb

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