Managing a Construction Budget
This article is to help entrepreneurs learn how to manage a construction budget in order to avoid surprises. Budget over-runs in construction can be fatal to a start-up or small company with limited resources. Learn how to manage the budget and avoid some of that uncertainty.
Basics of Valuing and Acquiring Commercial Real Estate
This article teaches the budding real estate entrepreneur the basics of valuing commercial real estate properties. Four methods of valuation -- direct cap value, discounted cash flow, cost per square foot, and replacement cost -- are discussed to provide the entrepreneur with a balanced approach to valuation.
The Hidden Expenses of Real Estate Ownership
If you are considering owning commercial real estate, you should be aware of the hidden expenses of owning that real estate. Be on the look-out for these items, including capital expenditures, credit loss, tenant improvements, broker's fees, and general vacancy.
ARGUSS for Real Estate Entrepreneurs
If you are considering getting into the commercial real estate business, you need to be aware of a software program that is quickly becoming the industry standard: ARGUS. ARGUS is a program that helps you create complex cash-flow models with ready-made sensitivity analysis that will facilitate your decision making
Modeling Your Real Estate Loan in Excel
Whether you are buying a car or a piece of real estate, brokers are always trying to get you focused on your loan payments. Focusing on payments alone, however, is a mistake. In this article you will learn how to create an Excel model for your loan to help you understand what is going on.