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Updated over 1 year ago on . Most recent reply

User Stats

27
Posts
2
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Joel Polanco
  • New to Real Estate
  • Tampa, FL
2
Votes |
27
Posts

Commercial Multi-Family Investors: How Important is Excel Modeling?

Joel Polanco
  • New to Real Estate
  • Tampa, FL
Posted

For those who are investing in multi-family transactions of 10+ units, how important is it to know how to create a pro forma in excel? I assume that investors want to see this, just trying to determine if I should invest in some classes to learn how to complete this. 

  • Joel Polanco
  • Most Popular Reply

    User Stats

    306
    Posts
    122
    Votes
    John Karg
    • Lender
    • West Palm Beach, FL
    122
    Votes |
    306
    Posts
    John Karg
    • Lender
    • West Palm Beach, FL
    Replied

    Completing pro formas is important, however I don't think taking a class is necessary. There is no one right way to do it, and there are plenty of tutorials on Youtube that teach the basics that can be easily replicated in Google Sheets. 

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