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Updated about 6 years ago, 10/28/2018
Requesting Feedback On Excel Model Created
Greetings BP community.
I was requesting your expertise. Like most real estate newbies I am eager and interested to learn all I can about the real estate business and the best way i learn is by understanding the analytics and understand how a property cashflows. With that being said, I created a Excel model and like to get your input if the fields captured are accurate and my formula assumptions are correct.
If someone is interested in reviewing the file please contact me and happy to pass on.
Thanks in advance for your time and support.
Michael
Quick summary about me and next steps: I am currently a W2 earner woks in Chicago and live in the suburbs, Dupage county, we pay very high property taxes. We're starting to explore deals daily with my spreadsheet to see if we can find a good deal . We want to sell our current home and buy a duplex or town home since the kids moved out no need for bigger home. The plan is with the extra dollars we can invest into a multi family or sfh in a surrounding county that has lower taxes.