On today’s show we are talking about how to model a project. I often hear people advocating for a simple spreadsheet to perform quick calculations. There was a time when I used these simple tools to make fast decisions.
There is a trade-off in any project where speed is a component of a quality outcome.
However, as time has progressed, I’m less inclined to rely on quick math for anything. The reason is that when bank leverage is involved, which it often is, the analysis becomes increasingly sensitive to small changes. A small change can cause a project to flip from attractive to upside down.
Real Estate Espresso Podcast:
Spotify: The Real Estate Espresso Podcast
iTunes: The Real Estate Espresso Podcast
Website: www.victorjm.com
LinkedIn: Victor Menasce
YouTube: The Real Estate Espresso Podcast
Facebook: www.facebook.com/realestateespresso
Email: podcast@victorjm.com
Y Street Capital:
Website: www.ystreetcapital.com
Facebook: www.facebook.com/YStreetCapital
Instagram: @ystreetcapital