The Value-Add Thesis For Multi-family

The value-add thesis is not “renovate and hope.” It is:

Multifamily Investing Template Deep Dive: Let's Start with Rent Roll

A rent roll is one of the best places to analyze value-add potential because it shows the deal at the unit level, where the value-add plan actually happens.

A T12 tells you what the property produced historically. A broker pro forma tells you what someone hopes it can produce. The rent roll sits between those two: it shows who is paying what, for which unit, under which lease, and when that rent can realistically change.

Hotels Are Valued Differently Than Traditional Real Estate

Hotels are valued differently than most traditional real estate assets because they are both real estate investments and operating businesses similar to assisted living facilities. While properties like apartments / multifamily, office buildings, or retail centers are typically valued based on long-term lease income, hotels generate revenue one night at a time. This makes hotel valuation more dynamic, more operationally sensitive, and often more dependent on market conditions.

Maximizing Net Rental Income, Not Occupancy or Rent Amount

For many long-term landlords, the best risk-adjusted strategy is slightly below the absolute top of market, because it reduces vacancy, improves tenant selection, and lowers turnover.

Multifamily Modeling - How to Figure Out What Market Rents Should be for Underwriting Purposes

To calculate market rent, the core reasoning is: first define exactly what you are pricing, then compare it to the most similar rental evidence available.

Personal Wealth Builder Template

I normally don't do a ton of personal finance stuff as most of the work and clients I deal with are of the commercial nature. However, that doesn't mean my spreadsheet skills are lost on helping the individual. This is a great discipline and wealth building helper that gives anyone a savings and investment structure for the long term.

Financial Model Template for Loan Brokerage (or deal advisor)

I've done a few financial models for loan brokerage clients, and I've decided to build a public-facing custom version that I think fits the most types of scenarios and strategies. This includes three main types of loans, and the fourth channel is deal volume for investment banking / capital advisory strategies. They are similar but have some differences in logic that are relevant.

Preferred Return - Investor Thresholds - Dynamic Capital Repayment

I've done about a dozen joint venture waterfall frameworks and this most recent one is different enough from the rest that it deserves its own version. The way capital is repaid and the pref. works is unique to any other template I've done.

Advanced Warehouse Fulfillment Financial Model (Pallet & Cubic Foot Versions)

I've done more critical research in warehouse logistics than I thought I'd ever do in my life after building this financial model. We are talking about 3rd party logistics (3PL). The template does a great job at capturing seasonality, warehouse sizing economics, activity-driven revenues / expenses, and showing a financial projection based on bottom-up assumptions.

Financial Model Sensitivity Analysis: LCOE ($/MWh)

LCOE is a way to measure the total lifetime cost to produce energy by a power plant, denominated in MWh. It could be solar, wind, nuclear, or what have you. The calculation stands for levelized cost of energy and the idea is to calculate the present value of all costs against the present value of all future energy production. The goal is to find out how much it cost to produce a MWh of energy in today's dollars.