New WSO Real Estate Modeling Course - Version One is Now Complete

Dearest WSO primates, version one of our Real Estate Modeling Course is now complete!

This course includes 60+ lessons, six RE case studies and modeling tests sourced from interviews, covering fundamental knowledge of RE modeling practices across different asset types and investment strategies.

This course also includes video walkthroughs and excel files available for practice. Content ranges from inputting data from an Offering Memorandum into a pre-built model, and advances to building a development model from scratch, including forecasting cash flow, levered cash flow, and more.

Here’s just some of what you’ll get in this course:

  • Multifamily Modeling Basics (12 video lessons)
  • Commercial Modeling Basics (9 video lessons)
  • Advanced Concepts (7 video lessons)
  • Simple Multifamily Underwriting Test (11 video lessons)
  • Modeling Office Cash Flows Test (13 video lessons)
  • Multifamily Acquisition Modeling Case (10 video lessons)
  • Development Modeling Case (10 video lessons)
  • NY Office Metrics Case (6 video lessons)
  • Office Lease-Up Case (6 video lessons)

More content will be added to this course over the next year.

MORE INFO / PURCHASE NOW

 

WSO Real Estate Modeling Course - Video Preview

1) Growth Assumptions and Scenarios

2) Multi-family Modeling Test

3) Sample Interview Questions from Case

 

MORE INFO / PURCHASE NOW

 

6 Comments
 

A lot of the underlying math and modeling is the same, for multifamily you are just generally dealing with different debt terms, more tenants, and different operating expenses, but understanding how to model your purchase, cap-ex, expected income, op-ex, debt, equity (if you go in with partners), etc. should be very similar. It would definitely be useful if you graduate from investing in SFH rentals to small apartment buildings, like a 5-8 plex, since lenders see anything over 4 units as "commercial multifamily" and underwrite loans differently. SFH lending (standard 30 yr mortgage) looks at your income but as far as the asset goes they only look at LTV, commercial lenders look at LTV and debt service (DSCR) since they know you won't be paying the mortgage out of your own income but the rental income. 

 

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