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All Forum Posts by: Nick Peters

Nick Peters has started 7 posts and replied 379 times.

Post: Rental property expense tracking

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

I use a spreadsheet for that just because it’s easy to customize and free. It just takes some time to build but once you have it, you can keep it for years!

Post: Quick Method to dismiss or look into rental property

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

Having an optimized, powerful and easy to use spreadsheet is probably the best tool you can get to quickly analyse rental properties online and offline. I’ve been using mine for years and I’ve reviewed countless deals and made better decisions because of it

I’m obviously biased but overall spreadsheets still remain the best way to understand in detail if a property can be a home run or is an overpriced asset.

Let me know if I can help!

Post: How can I tell if a property will do well on Airbnb?

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

Look at similar comps in the area to check the offering and prices. Otherwise there’s a website called Airdna that can give you very good market intelligence but it’s not free though.


Best of luck!

Post: New member to bigger pockets

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

Welcome aboard Lais!

Post: Newbie from Charlotte, NC

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

Welcome on BP Shiwei !

Post: Ultimate Rental Property Analysis Spreadsheet - Free!

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

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!

This Rental Property Spreadsheet is the result of countless hours of work, and will help you make well-informed decisions before pulling the trigger on a property.

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.

This spreadsheet is all about that: running numbers for you so you can efficiently distinguish great deals from non-performing assets.

With this prebuilt spreadsheet, you get everything you need to review rental properties in less than a minute and get a comprehensive understanding of their potentials. It includes the calculation and forecast of operating performances over 30 years (including net operating income, unlevered & levered cash flow, etc.), debt repayment profile, full profitability analysis with detailed financial ratios (Cash on Cash, Cap Rate, IRR, MIRR, DSCR, etc.) and much more. The spreadsheet includes multiple reports that can easily be printed and shared and also comes with a User Guide with instructions on using the product.

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

The best part? it's completely free!

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

Post: Expense Tracking+systems for multiple properties

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

Same as others, I use my own spreadsheets to keep track of my rentals

Post: Newbie looking to network

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

Welcome to BP! You came to the right place to connect with investors!

Post: New Subscriber Intro

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

Welcome aboard Jake!

Post: Introduction from New Investor

Nick PetersPosted
  • Specialist
  • New York City, NY
  • Posts 399
  • Votes 167

Welcome Matt and best of luck in building your investment portfolio.