REFM Level 3 Bootcamp Sample Clips
21:37
Present Value of a Dollar Explained
1:42
Пікірлер
@9yle.s
@9yle.s 3 ай бұрын
Hey Bruce, is Capitalized Value is the same meaning as the Exit Value/Exit EBITDA?
@refm
@refm 3 ай бұрын
It's the sale value.
@adamkalinda8032
@adamkalinda8032 9 ай бұрын
Thanks
@johnp999
@johnp999 Жыл бұрын
So how do you bridge the chasm? When you are starting out, you can't just raise $3 Billion, the big players obviously don't have any reason to trust your skills. It seems the way to start is by raising $3 million a few times and build a portfolio of properties at that size, then graduate to raising $30 million-sized funds and build a big portfolio and reputation as a great business person at that level, and then eventually work your way up to the multi-billion dollar level. Presumably this would take many years. Or decades. The only shortcut I can imagine is -- if you have say $3 million or so to start -- is to *hire* (or partner with) people with the multi-billion-dollar experience and reputation, and get busy raising money at their level, and hire all the similarly-experienced operations and analysis folks, etc. I WOULD PAY YOU LOTS OF MONEY if you could guide me to the multi-billion-dollar level as efficiently as possible! Reviewing your course materials, I'm not certain this is what you offer. Is it? Please let me know.
@marcosgarza007
@marcosgarza007 Жыл бұрын
Lit 🔥
@cascounty
@cascounty Жыл бұрын
Does anyone know what the "j' in cfj stands for???? I know what is does I just want to know what the 'j" word is. Like CFo stands for "Cash Flow Original" what does J stand for as I know cfj is Cash Flow something.... please help. thanks in advance.
@musasibeko9216
@musasibeko9216 Жыл бұрын
😭😭😭😭😭need this course!!!!!!!!!!!
@Protector1993
@Protector1993 Жыл бұрын
Is audiobook available at all? If yes then where we can buy it ?
@yisun4476
@yisun4476 2 жыл бұрын
can you share this modeling excel spreadsheet?
@jeffreyramirez6263
@jeffreyramirez6263 2 жыл бұрын
great spread sheet but when I put in 15 months to test it out, Year 2 will not populate. It seems to only populate when you have 24 months up to 35 same true with the other years. Am I looking at this incorrectly? thanks
@mariajg6469
@mariajg6469 2 жыл бұрын
Excellent video. How can I get a copy of the spreadsheet?
@REFinancialModeling
@REFinancialModeling 2 жыл бұрын
Hi Maria, glad you found it helpful. Here is the link: getrefm.com/shop/free-refm-software/leasing/free-comparative-lease-analysis-from-both-landlord-and-tenant-perspectives-excel-model-template/
@LGoromonzi
@LGoromonzi 2 жыл бұрын
Thank you so much for your video
@neil_sol
@neil_sol 2 жыл бұрын
26:25 why do you have to do RCL n
@williamlundy8211
@williamlundy8211 2 жыл бұрын
Is this file still available for download?
@marcoam7507
@marcoam7507 2 жыл бұрын
its posible to habe the excel file thanks.
@hunternelson5809
@hunternelson5809 3 жыл бұрын
Great discussion and insight to ground leases!
@tsp8855
@tsp8855 3 жыл бұрын
appreciate the interview w/ Dr Linneman. Ive read through some parts of his book; it was overall pretty easy to read and the concepts were pretty well-explained, but the price was a little on the costly side
@kentheengineer592
@kentheengineer592 3 жыл бұрын
What if there are no comps and its in the middle of nowhere
@rophinemwakidimi4866
@rophinemwakidimi4866 3 жыл бұрын
How can I get a hard copy
@cyberla
@cyberla 3 жыл бұрын
Just learning of REFM today. Great program. Lot of basics and little slow but I am sure that the program will do a deep dive into the industry.
@Ice-qq1or
@Ice-qq1or 3 жыл бұрын
How much was it
@averyrustad7605
@averyrustad7605 3 жыл бұрын
@@Ice-qq1or the bundle for levels 1-3 is $229 for students and military or $399 for all else.
@Chris-fo9rf
@Chris-fo9rf 2 жыл бұрын
@@Ice-qq1or it’s on their website
@t-squared6406
@t-squared6406 3 жыл бұрын
the first big growth I saw was the mass exodus from Cal in about 91 or 92 and it hasn't stopped!!
@markfaraday9204
@markfaraday9204 Жыл бұрын
Cali didn't have a population decline in 90s
@Walina1001
@Walina1001 3 жыл бұрын
If it was a return and I am selling $100,000 NOI in Ohio for $1,000,000 and a seller has $100,000 NOI in CA and demands $2,000,000 at a 5% cap rate how do you explain to me that the CA investor is getting twice what I did for HALF the what you call "return"?
@ryanrichard4614
@ryanrichard4614 3 жыл бұрын
I never thought I would get paid because the experience was tough and made me want to give up, I'm glad I met Mr Nicholas Myron , with his help and strategies I was able to get good returns on my investment after 7days of trading , I'm really grateful and I recommend him to everyone who wished to get paid also on Instagram @nicholas__fxtrade..
@leonpedro1135
@leonpedro1135 3 жыл бұрын
The rich get Richer because the poor thinks every opportunity is a scam. i took bitcoin investment as my part time job, investing with a legit platform and i 'm earning smoothly without any stress. i got paid of $30k after a week of investing, I really appreciate it and can't help but let others know about it because it is so suitable anyone can trade from anywhere and anytime Mr Nicholas is recommended on Instagram @nicholas__fxtrade. for more information. He is genius...
@ShaqAlon
@ShaqAlon 4 жыл бұрын
Are the other chapters also in audiobook? Just bought the textbook but due to dyslexia the combination of reading and listening at the same time works best.
@refm
@refm 3 жыл бұрын
Hi, no, sorry. My apologies for the late reply.
@refm
@refm 3 жыл бұрын
However, there are narrations on textbook.getrefm.com though for the chapter overviews and summaries.
@mohammedromanshaikh8025
@mohammedromanshaikh8025 4 жыл бұрын
Sir I had emailed u...no replies from u yet??
@mohammedromanshaikh8025
@mohammedromanshaikh8025 4 жыл бұрын
Hi Sir ...how can I avail ur courses..?
@refm
@refm 4 жыл бұрын
Courses.GetREFM.com
@mohammedromanshaikh8025
@mohammedromanshaikh8025 4 жыл бұрын
@@refm Hi Sir I want discuss u something .... could u send me ur email...so that I can contact u....
@refm
@refm 4 жыл бұрын
@@mohammedromanshaikh8025 [email protected]
@bigbrotherinlife1654
@bigbrotherinlife1654 4 жыл бұрын
Is this online training
@shakaguru1896
@shakaguru1896 4 жыл бұрын
One of the best, if not the best!
@refm
@refm 4 жыл бұрын
Yes, at Courses.GetREFM.com
@qwerty1945yt
@qwerty1945yt 4 жыл бұрын
Bruce, great tip that data table references will not work referenced to other tabs, that's how I would have initially thought to set it up, and it would not have worked. Thanks!
@refm
@refm 4 жыл бұрын
My pleasure. Yes, it's amazing that Excel doesn't warn us.
@simopro5238
@simopro5238 4 жыл бұрын
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@henripopa
@henripopa 4 жыл бұрын
Hi Bruce, I am trying to do a sensitivity analysis on the sale price by sensitizing the exist year NOI on row header and the exist year cap rate on the column header, and the value is the same. My workbook calculation is set to automatic except for data tables and outside the exist price which is being pulled from a different tab, the exist year NOI and exist year cap are hard coded in the sensitivity analysis tab. Could you provide some insight on why I am not getting the correct results?
@refm
@refm 4 жыл бұрын
Hi, if your calcs are set to "automatic except for data tables" then you need hit F9 on PC or Cmd+= on Mac to run the data tables. OK?
@refm
@refm 4 жыл бұрын
NOI is an output, not an input, thus it cannot be a header variable. Rent PSF could be, however.
@GReid-ol5gk
@GReid-ol5gk 4 жыл бұрын
Bruce, you're the man.
@Walina1001
@Walina1001 4 жыл бұрын
NO, you have it completely backwards. Cap rates come from an income approach to value called direct capitalization. V=I/r It means in a 10 cap market the market will only pay $10 for a possible $1 NOI but will pay double, $20 in a 5 cap market for the exact same dollar of NOI. A cap rate is not a return and there is no need for an investor to ever calculate a cap rate.
@REFinancialModeling
@REFinancialModeling 4 жыл бұрын
Hello Walin1001, thank you very much for your comment! I can understand how you feel that we have it backwards. It's a matter of perspective, however, as one can see the cap rate as both a measure of net income yield on price, and also the determinant of that price. In the case of a transaction that does not use debt, the cap rate (assuming it is net of reserves) is in fact the cash flow return to the equity, so its calculation is indeed relevant to an investor.
@Walina1001
@Walina1001 4 жыл бұрын
@@REFinancialModeling Bruce stated, "one can see the cap rate as both a measure of net income yield on price, and also the determinant of that price. In the case of a transaction that does not use debt, the cap rate " NO, all a cap rate does is tell you what the market is paying per $ of possible NOI. In a 5 cap market it sells for $20 and in a 10 cap market it sells for $10. If it was a "return" "yield" then wouldn't you think higher was better? Yet in a 5 cap market a seller won't sell his $1 of NOI unless the buyer gives him double what a 10 cap market seller will take for twice the "return". Hmmm See, cap rates are a valuation metric not a return. If a transaction does not use debt or if it is financed 100% the cap rate is EXACTLY the same. Hmmm Are you saying financing does NOT affect your return? I don't know any investor that would agree with that. Mull that over and get back to me if you still don't understand.
@AceHardy
@AceHardy 4 жыл бұрын
👑
@adamanderson225
@adamanderson225 4 жыл бұрын
Nicely done very succinct
@MrDaice
@MrDaice 5 жыл бұрын
how I can buy it?
@pariyateppitaksak7717
@pariyateppitaksak7717 5 жыл бұрын
Any discount for students?
@greigsanderson
@greigsanderson 5 жыл бұрын
Not with foreign names.
@BY-ty6mb
@BY-ty6mb 3 жыл бұрын
@@greigsanderson savage lol
@hoomanbeing4918
@hoomanbeing4918 Жыл бұрын
@@greigsanderson Foreign to whom?
@ottomobili2575
@ottomobili2575 5 жыл бұрын
Bruce, Excellent Video. I currently work as a property manager in Mutlifamily, but am in the process of onboarding with a firm that manages office and industrial. I have a modeling test for the position in one month, do you offer a program for these sectors specifically?
@gridmaster6866
@gridmaster6866 5 жыл бұрын
You might mention this later in the course but one great Excel feature for real estate is using hyperlinks in cells to link to online resources like listings or maps. This example gif shows how to add these links: gridmaster.io/spreadsheet-tips/how-to-add-hyperlink-excel
@BossChronicles
@BossChronicles 5 жыл бұрын
How does one become a real estate investor and developer
@samann95014
@samann95014 5 жыл бұрын
By first working in this industry & continuously learning from books, videos, interest groups & other. Finally, you gotta take bold steps, calculated risk. Made $10MM in 20 yrs. Wasn't an easy journey but now I'm set for life.
@jaromejordan7943
@jaromejordan7943 4 жыл бұрын
Sam Ann hey what part of the industry exactly did you start out in?
@Global_rm
@Global_rm 2 жыл бұрын
@@samann95014 can you refer to me some videos I can use and some books to read
@HelenoPaiva
@HelenoPaiva 5 жыл бұрын
the website appears to have been redisegned. where can i find the book he mentions by the end of the video?
@HelenoPaiva
@HelenoPaiva 5 жыл бұрын
found it: www.getrefm.com/training-and-certification/hp-12c-calculator-skills-for-real-estate-certification/
@refm
@refm 5 жыл бұрын
www.getrefm.com/training-and-certification/hp-12c-calculator-skills-for-real-estate-certification/
@lucybautista7723
@lucybautista7723 5 жыл бұрын
Thank you, so much. Your explanation is very helpful!
@reignmkr64
@reignmkr64 6 жыл бұрын
This was short yet very informative! Thank you.
@Matt-vd3xv
@Matt-vd3xv 6 жыл бұрын
Thanks for sharing. Have you got any publisher/distributor here in the UK? The delivery cost of $60 is way to high. Are you planning to issue an ebook?
@refm
@refm 6 жыл бұрын
My pleasure. We appreciate the concern about the high cost of shipping to Europe. It is an understandable deterrent. We have looked in to having a distributor on that end but thus far, have not found a situation that works. Also we’ve gone back and forth about the E-book issue but for now, do not have any plans to produce the book in that format.
@eugeneshilow
@eugeneshilow 6 жыл бұрын
Awesome, thank you!
@radbcc
@radbcc 6 жыл бұрын
Interesting, but wish he would have answered the question....
@bigbrotherinlife1654
@bigbrotherinlife1654 6 жыл бұрын
I ordered this bootcamp, I wonder if I could this download it. I bought it some time ago.
@jellebosmans1435
@jellebosmans1435 4 жыл бұрын
Have you already received it?
@newhen2
@newhen2 6 жыл бұрын
Can we get the model download?
@balab7680
@balab7680 6 жыл бұрын
Hi, Can you share us excel format which your explain in this video.
@tomr1107
@tomr1107 7 жыл бұрын
Thank you for uploading these videos. Very helpful.
@baloney_sandwich
@baloney_sandwich 7 жыл бұрын
very good lecture, thanks.