
Real Estate Financial Modeling Accelerator (Updated September 2026)
Before launching the Accelerator program, Michael and I received countless emails requesting a more structured, step-by-step real estate financial modeling training program.
Over the years, we've covered hundreds of real estate modeling…

3 Tiered Waterfall Module Added to the Condo Development Model
After receiving a few requests, I've finally gotten around to adding an equity waterfall module to the Condominium Development Model. This module allows you to model partnership splits up to three tiers using either equity multiple hurdles or…

Real Estate Waterfall Model – Equity Multiple Hurdles
I've created a companion to my real estate equity waterfall model to work with equity multiple hurdles, rather than IRR hurdles. It took me longer than I expected to build this, largely because I was over thinking it. I messed around with…

How to Use My Real Estate Equity Waterfall Model
I took a few minutes this weekend, and created a video to help you use my real estate equity waterfall (IRR hurdle technique) model that I built in Excel. Again, keep in mind that the model is not standalone, but can be used with any of the…

