Aloft’s Post

Exciting times ahead in the world of property management! 📣 Check out the latest article showcasing the August 2023 release on PropertyMe's blog: Read more: https://buff.ly/3PcabBn #PropertyManagement #RealEstate #PropertyTech #StayUpdated

When it comes to estimating costs, it is crucial to have a reliable and efficient solution. Look no further, as we present three exceptional options: Costabill, Merkel's, and Billcost. Each of these platforms offers unique features tailored to meet your specific needs. Whether you prefer user-friendly interfaces or advanced data analysis capabilities, our solutions have got you covered. Don't waste any more time struggling with inaccurate estimates; choose one of our outstanding options and experience the ease and accuracy of cost estimation today!

In all my years doing #cre #financialmodeling, it's become clear that the go-to resource for financial model templates is Adventures in CRE. They have an amazing library of free models that small and medium-size developers rely upon to underwrite their myriad product types at different stages of development. Rather than build a model from scratch each time, analysts can simply adapt these models to the project at hand after having developed a good enough understanding of the application design. Now, if I may put on my critic hat. The problem with this method of adapting financial models to the property at hand is that there is no practical way to ensure consistency across and within projects. Version control becomes a nightmare, and one cannot be certain that input data alone is driving differences in results. Bad version control leads to bad #datamanagement, which leads to bad #riskmanagement. While Adventures in CRE does offer an all-in-one model that can handle most kinds of projects, its key deficiency is that it doesn't connect to a database, so an analyst must create a new instantiation of the workbook each time there is a new project, or even a new scenario of a specific project. This might not be a big issue if the analyst never makes changes to the model's code, but this is seldom the case in my experience. The way around this is to use a universal model connected to a database. The corresponding facility of data management lends itself to proper risk management. The resulting peace of mind is noteworthy and may offer as much value as the significantly more robust #underwriting system itself. #commercialrealestate #realestatedevelopment #realestateforecast https://lnkd.in/g_DxTeZx

Find out how to structure a dynamite review of past estimations by checking out our latest blog post - it's live now!

Backstory is a pocket items business owners must have. But many don’t know how to make it relatable. My solution: use HOOK framework. Here’s how 👇

💫 Master Property Calculations with Extension Kit! 💫 In this video, you'll learn to work with Property Calculations module, enabling you to: - Count all related objects. - Summarize the properties of related objects. - Store the calculated result on the parent object. Automate tasks like invoicing or tracking projects effortlessly 🚀 #PropertyCalculations #ExtensionKitforMFiles #MFiles #ToolkitForMFiles

4 Reasons Excel is Holding you back in compiling Bar Bending Schedule (BBS) https://lnkd.in/gUPyptXD #tmt #bbs #barbendingschedule #software #reinforcedconcrete #reinforcement #construction #buildingconstruction #estimation

I’ve seen 20 projects come across my desk from individuals and brokers this past month without…. Any financial models!! Projects that are so far along and have tons of DD on them and are still getting work done to them with NO FINANCIAL MODELS! HOW do you get that far along in a project without ever having asked yourself: What are the exact costs? How much is this going to return? How do I structure this to make room for Captial? Is this project worth spending money , time, headaches and resources on, is it going to pencil?! ETC ETC ETC I know there’s plenty of reasons/excuses for this believ me I get it. And I’m sure many have models but just don’t want to show them because they know it doesn’t pencil but there are definitely some who just didn’t have the know how or resources to do it. My inbox is open if I can help dial in your numbers, assumptions and projections I will.

If you are wondering what is discussed throughout the Estate Planning process, check out one of my favorite planning tools! This questionnaire is designed to identify critical considerations! Copy and paste this link to access fpPathfinders questionnaire- What Issues Should I Consider When Creating My Estate Plan? https://lnkd.in/ey3kzwfK #estateplanning #avoidprobate #certifiedestateplanner #CEP #trustsandwills #familyfirst

I prefer building financial models from scratch because each business or project presents unique challenges and nuances. This process allows me to gain a deeper understanding of the intricacies of the business or project and I even get to learn more in the process. I'd love to hear from you as well. Do you prefer building from scratch or utilizing templates?