For the first time in decades, the CBD sees over 1 million square feet of office space under constructionResurgence well under wayfile:///C:/Users/Marisa/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/2L4EUZUM/detroit%20office%20market.pdf

In today’s episode, I’m going to go over the next asset class that I think will be the boom over the next few years.An asset class is the type of property you invest in, multifamily is an asset class, self storage, short term rentals, office space, strip malls…all of these are different asset classes and all have their pros and cons.Picking an asset class should be a mixture of your comfortability with that class, the opportunity, and the market cycle for that asset class.The next big asset class I think we’ll start to see is data centers.Data centers are projected to continue growing with the huge expansion of AI, in the last year alone demand shot up 61% for high end data centers and that’s just for the large companies, the Amazons, Facebooks, and Microsofts of the world.That doesn’t include emerging companies or anybody else that needs data centers for non AI related ventures.With supply chain issues data centers got enormously backed up, it was hard to get computer chips for cars let alone the extremely sophisticated computer chips and technology for running massive data centers.As AI and emerging technologies continue to grow at an exponential rate this demand will continue to push, and will likely continue outgrowing supply and the ability to create new, modern data centers.It’s an asset class we’re looking at and continuing to learn about and collect data on and it’s not something we’ve invested in yet, but I do think that could change as that industry becomes a bit more stable and predictable.

Easy....by using the "goal seek" function in Microsoft Excel, we can set our year 5 cash flow to $50,000 and ask the model to calculate how much needs to be invested each year to reach that target.The answer we arrive at is $123,274.

here's one i have posted here on BP in the file place. first is a PDF and the second is for Microsoft One Note, they are the same, just different format.https://www.biggerpockets.com/files/user/kidsalot/...https://www.biggerpockets.com/files/user/kidsalot/...

Setup your purchase and sale agreements, offer packages, and other paperwork you need to have completed as document templates and quickly merge and print so you can save time and get more deals closedQuickly create mailing, or document templates from Microsoft Word formatted documents!

While Excel might help you with the calculations, you are on your own because if you call Microsoft they know nothing about managing a property.  

Microsoft excel or Google docs loaded with J Scott's spreadsheet.

So if you are somewhat good with Microsoft office products, this could be a viable approach.Rod

Taking it to an extreme, anybody on this forum think Bill Gates or Warren Buffett need to put up their personal assets to secure financing for Microsoft or BH?

It's a pretty decent program and it gets the job done most of the time, but it's also a pretty old piece of software and it doesn't seem to work on a Mac - which is a little problematic.I know there are dozens of smart phone apps that can do the basic amortization calculations these days (mostly - generating amortization schedules and calculating loan payments) and I'm sure there are probably dozens of other highly sophisticated loan management software solutions out there (I know even Microsoft Excel has a standard amortization template), but I just need something that can do the following:- Generate a full amortization schedule based on loan amount, interest rate, number of payments, balloon payments, additional monthly fees, etc. - Generate payment coupons and/or reminders that can be mailed/emailed to the borrower each month.- Track loan payments and determine past due amounts and late payment fees, if needed. - Generate year end interest paid statements.I'm not a big loan servicing outfit, so it doesn't need to to be overly complex and have ALL the bells and whistles.