All Forum Posts by: Nick Peters

Excel remains my go-to to analyze rental deals in great detail. To get market data, the other names mentioned above are great tools.

As others have said, IRR (and MIRR) is the way to go. It's heavily used by professionals in most industries (I work in Investment Banking and this is by far the most important financial indicator) and there are good reasons for that (best proxy for profitability overall, taking into account a lot of aspects of a deal).

You can find spreadsheets online that can calculate that for you. Let me know if I can help!

@Maliq Hill

Welcome to BiggerPockets! You came to the right place to learn more about real estate and connect with other motivated investors. BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, you can go to your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators

Please let me know if I can help, and best of luck!

@Shawn Halder Welcome aboard! 

If you wish to network or ask specific questions about your local market, you can go to your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

Best of luck!

@Bryan Henry

Welcome to BiggerPockets! You came to the right place to learn more about real estate and connect with other motivated investors. BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, you can go to your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators

Please let me know if I can help, and best of luck!

Microsoft Excel all the way (more features than Google spreadsheets, and possibility to do basically anything in VBA). I use excel for analyzing deals (rentals or flips), managing my properties on a daily basis, listing my to-dos, basically keeping track of everything. So much can be done with Excel! With VBA, most of my workflow is already automated.

Hi there!

Nick Peters, founder of RealEstateSpreadsheets.com and provider of excel spreadsheets for real estate investors.

Investment Banker during the day, I'm passionate about real estate and financial modeling so I decided to combine both activities and create RealEstateSpreadsheets.com to help people find better real estate deals!

2 spreadsheets are currently available (but more are to come!):

- Ultimate Rental Property Analysis Spreadsheet (to analyze and review rental properties for a successful Buy & Hold strategy)

- Ultimate House Flipping & Rehab Spreadsheet (to analyze house flipping deals, estimate rehab costs, track expenses and manage deadlines like a pro)

These free spreadsheets are the result of countless hours of work, and will help you make well-informed decisions before pulling the trigger on a property. Whether you're into long-term rental property investments or house flips & rehabs, we've got you covered!

In Real Estate, money is made when you buy, not when you sell so it is important that you do the math before you close the deal.

These spreadsheets are all about that: running numbers for you so you can efficiently distinguish great deals from non-performing assets.

They have been built with everything you need to analyze potential deals very quickly so I hope they will be as useful to you as they have been to me for several years now!

The best part? it's completely free!

For more information about the spreadsheet: www.RealEstateSpreadsheets.com

Welcome on BP @Devin Dang

@Alex Wynn

Welcome to BiggerPockets! You came to the right place to learn more about real estate and connect with other motivated investors. BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, you can go to your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators

Please let me know if I can help, and best of luck!

@Aidan McGee

Welcome to BiggerPockets! You came to the right place to learn more about real estate and connect with other motivated investors. BP is full of great content, so I strongly recommend you to have a look at the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Then check out other online guides available here: https://www.biggerpockets.com/guides

3. Have a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you wish to network or ask specific questions about your local market, you can go to your local real estate forum and discuss with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings

6. Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators

Please let me know if I can help, and best of luck!