Turns out that it pays to run a mobile home park / community. There are a lot of reason to buy an existing community rather than build your own, but if you really have a vision than go for it. The cap rates on these things are healthy for those looking to exit, but still offer buyers plenty of room to make a return on their investment. Overall, it is a very interesting prospect for those willing to dive in.
Jan 1, 2017
So yes this month I did hit a new high in my financial consulting endeavors. It has taken many years out of college to get here, but the point is that it is possible. You will see the numbers in the video, but now that my numbers are starting to back up my ideas, I want to focus more on that part of this whole thing.
Dec 31, 2016
The goal of this model is to allow owners/managers to develop a model that they want to use in order to incentivize their salesmen with a bonus based on hitting quarterly sales numbers. It allows for the user to put in all assumptions related to the sales/revenue generated by the salesmen, what sales hurdles they have to beat to get a certain bonus, and all the costs related to their activity/maintaining their accounts.
at 1:59 PM
Dec 21, 2016
This is one of the primary ways that you can analyze raw data correlation and by using the least squares model, it makes the data much cleaner and allows the user to plug in their own range of inputs in order to see what the output set looks like based on the raw input/output (x/y) values of your raw information.
at 2:23 PM
Dec 16, 2016
This is an Accounting template to deal with the tracking of what money you are owed and what money you owe out. It's pretty simple, but when you go to build an excel template that is able to handle all of this in a user friend way, there are some complexities that come up and so a clean structure is key.
at 11:26 PM
Dec 12, 2016
I have been super busy and was unable to build a financial model here for the past two weeks. However, to get back into the swing of things today I developed a risk assessment excel template. It's not the most complex piece of work, but still would provide a good way for managers/executives to quickly see where their opportunities are and how risky they are.
at 3:51 PM
Dec 5, 2016
Man it sucks being sick. I have had a fairly strong month of work for November, relatively speaking. It is looking like I will have some decent financial positioning for the house purchase at the first of the year, and there does seem to be some progress coming from the passive income areas at a fundamental level.
at 10:10 PM
Nov 30, 2016
This is a highly dynamic and useful way to track the performance of your salesmen / reps and invoices over time. There are a lot of in-depth analytics/visuals put into this KPI dashboard to make it as insightful as possible for the user as well as easy to enter data and use.
Nov 24, 2016
One of the biggest sellers for a business is if they offer insurance on a given product or service. The hard part is figuring out how much you should charge each customer in order to cover your tail end. That is what the following excel actuary model is going to do based on a few inputs.
at 7:56 PM
Nov 19, 2016
This is one of the most common types of financial models needed for all kinds of uses. I have made this one to tailor to an eCommerce scenario. There have been a lot of nice integrations for visual and ease of use. That is the beauty of excel. Note the source for this was SBA.gov.
at 6:00 PM