- Master the nuances of real estate and REIT accounting, valuation, and financial modeling with detailed, step-by-step video training. The skills you'll acquire are NOT taught in undergraduate or MBA programs... but you MUST have these skills when you interview for real estate groups at banks, PE firms, and hedge funds, or even at a real estate development or investment firm or a REIT.
- Quickly grasp "real life" concepts and skills through a detailed case study and 3-statement model for Avalon Bay Communities, a leading REIT in the residential sector. You'll also learn via case studies on an office complex development, and a hotel acquisition and renovation. This is NOT "academic financial theory" but exactly what bankers do in real life.
- Dominate your interviews. For your convenience, we also provide 7 quick reference PDFs and 9 Overview lessons on the topics most likely to come up in interviews. Skip to exactly what you need and review all the concepts in short order – even if your interview is tomorrow and you just found out about it 5 minutes ago.
- Learn how to use REIT equity research and SEC filings like a pro. Everything in the program is integrated with real SEC filings and equity research from banks like JP Morgan and Citi. You'll discover precisely how to pull relevant information and align your numbers with Wall Street consensus estimates.
- Master the core real estate and REIT financial modeling concepts, including detailed models for an Office Development and Sale, a Hotel Acquisition and Renovation, and a REIT Operating Modeling and Valuation. You'll learn the most important real estate-specific metrics and methodologies, such as Funds from Operations (FFO), Adjusted Funds from Operations (AFFO), and the Net Asset Value (NAV) model.
- Pick everything up fast in 3 simple steps: 1) Understand the concept behind the model. 2) Watch a pro build the model. 3) Practice building the model yourself.
- Test Your Knowledge with Practice Exercises. You'll get "Before" and "After" Excel files for each lesson. Simply follow along with the lesson and check your answers afterward.
- Get Instant Access: Since everything is delivered online, you get immediate access to everything as soon as you sign up. No delays, scheduling conflicts, or bulky packages in the mail.
- Track Your Progress and Take Notes. Thanks to our custom-designed online learning platform, you can check off each module as you go and take notes on all the lessons for your future reference.
- Unlimited, 365-Day Per Year Support. We have a team of experienced bankers standing by 365 days per year to respond to your questions, comments and emails – for as long as you need.
- Unconditional Money-Back Guarantee. BIWS Real Estate and REIT Modeling is the only financial modeling training program of its kind to come with an unconditional 60-day money back guarantee.
What You Get... And What BIWS Real Estate and REIT Modeling Will Do For You...
This is advanced training, appropriate for both new and experienced professionals. The Real Estate and REIT Modeling course is perfect for you if:
- You already know the fundamentals of accounting, valuation, and financial modeling, and now you want to learn how the real estate industry works in-depth.
- You're interviewing with Real Estate groups – at banks, PE firms, hedge funds, real estate operating companies, real estate developers, REITs, or anything else.
- You're about to start working in a Real Estate group, or you've just transferred into one and need to get up to speed quickly.
- You're an experienced real estate professional and you're now transitioning into a finance-related role in investment banking, private equity, or anything else.
Whenever you're interviewing for these roles at investment banks, you'll always get a few questions over and over...
- How much do you know about accounting? Do you know how it's different for real estate?
- Can you walk me through how you would value a property, a portfolio of properties, or an entire REIT?
- What are the key factors that drive the value of a REIT?
- How would you describe your financial modeling skills?
Confidently answering all these questions and showing evidence of the case studies you completed will set you apart from everyone else in the interview room and put you in prime position to land lucrative internships and jobs at investment banks, private equity firms, and hedge funds.
We've designed the course from the ground up to help you gain functional mastery of this highly-specialized material in the shortest possible time.
Here's what you'll get, and everything you'll learn with hands-on practice via the case study of the REIT operating model and valuation for Avalon Bay Communities, and the case studies on property development and renovation. We use real SEC filings and equity research from banks like Citi and JP Morgan to support the numbers:
- Detailed 3-statement model for AvalonBay with support for their different real estate segments; full valuation including the usual methodologies as well as real estate-specific ones such as the Net Asset Value (NAV) model.
- Real Estate Development Lessons cover property development and acquisitions, key real estate terminology and metrics, and how to set up the construction timeline, funding sources, and analyze acquisitions and renovations.
- 63 videos total (24 hours of footage).
- 7 quick reference guide PDFs on key topics – from key terms and accounting through property modeling, REIT financial statements, and valuation.
- Overview lessons cover real estate key terms, how to model an apartment complex, how a REIT operates, and how to link properties and REITs.
- Office Development and Sale lessons teach you how to estimate building size, hard costs and soft costs, project the financial statements of a property, build debt and equity draw schedules, calculate the sale proceeds, and allocate investor returns using a waterfall schedule, factoring in developer promotes.
- Hotel Acquisition & Renovation lessons cover how to project a hotel's financial statements, estimate the impact of property renovation, and calculate returns based on the purchase price, selling cap rate, and capital structure.
- REIT Operating Model videos teach you how to project a REIT's rental income and net operating income (NOI) from same-store properties, development/redevelopment, acquisitions, and dispositions; you'll also learn how to create a complex debt schedule, link and project the statements, and calculate Funds From Operations (FFO), Adjusted Funds From Operations (AFFO), and dividends issued.
- REIT Valuation lessons cover public comps, precedent transactions, Discounted Cash Flow Analysis (DCF) and Dividend Discount Model (DDM) for REITs, as well as real estate-specific models such as the Net Asset Value (NAV) and Replacement Cost methods.
The information you'll find is so detailed and so thorough that our regular customers come from top-ranked universities, investment banks, and business schools.
Once you've completed the training, here's what you can immediately add to your resume / CV:
Real Estate & REIT Modeling (Breaking Into Wall Street)
Online Financial Modeling Training Program
- Completed real estate development model for office complex, with waterfall returns modeled for multiple equity investor classes and different developer promote levels
- Built model for hotel renovation and created sensitivity tables to determine optimal level of renovation funding relative to potential upside in IRR
- Created 3-statement projection model over 5 years for Avalon Bay [AVB], leading residential REIT; based model on segment-by-segment buildup for same-store, development/redevelopment, acquisitions, and dispositions
- Valued Avalon Bay [AVB] using public comps and precedent transactions and metrics and multiples such as FFO and AFFO, as well as Net Asset Value (NAV) model; also completed Levered DCF and Dividend Discount Model, and learned concept behind Replacement Value methodology
You can print out the models from this course and during the interview, you can describe exactly what you learned in the training – you know how important it is to set yourself apart, right?
Click here to access a detailed, 21-page course description with everything you get.
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Access Your Training Instantly
Everything in the BIWS Real Estate and REIT Modeling Course is delivered online – no packages to wait on and worry about: you get instant access when you sign up. You also get FREE updates as they're delivered, as well as Lifetime Access to the entire course content.
Once your order is complete, you'll receive an email with login instructions - follow the simple instructions and you'll be able to access all 63 videos and Quick Reference Guides immediately.
Hear What Customers Have to Say About Their Results
With The BIWS Real Estate and REIT Modeling Course
At last count, over 16,623 students, entry-level professionals, and career changers have used Breaking Into Wall Street to master modeling, win interviews, and break into high-paying jobs in investment banking, private equity, hedge funds, equity research, and more.
Take a look at what some of them have to say specifically about the Real Estate & REIT Modeling course (these are actual unedited email screenshots... a few details have been blacked out to protect customers' privacy).
"Thanks for offering such great courses and keep up the great effort!"
"All Models Are Comprehensive And Simple To Understand."
"Structured so that you can refer back to it quickly to recap
anything you forget."
"I took your real estate valuation course and it really set me apart from all the other candidates."
And here's just a small selection of schools and firms where students and professionals currently use our courses:
Plus Unlimited Support From Expert
Trainers, 365 Days A Year
When you enroll in BIWS Real Estate and REIT Modeling, you'll receive Instant Access to the entire course.
Everything is delivered online, so there's no waiting for materials to arrive by mail, and no expensive in-person training to worry about fitting into your schedule.
You can even download any of the videos or other resources to your preferred device (smartphone, tablet, or laptop / desktop) so you can review the materials whenever and wherever you like.
But the Real Estate and REIT package gets even better.
The best part is unlimited, 365-day-per-year support, whenever you need it.
So if there's anything at all you don't understand or anything you need to clarify, just go to the "Question/Comment" area below each and every lesson, and ask your question.
These comments are monitored and responded to by our expert support team - every one of whom has personal experience working on deals at investment banks, private equity firms, and other finance firms.
So you'll actually get responses from people with deep experience in the field.
Here's A Sample Of The Personalized Support
You Can Access Inside The Members' Area:
This personal, unlimited, when-you-need-it support is one of the things that sets the BIWS courses apart and gets you to your goals faster.
You can often learn just as much from reading other customers' questions, and our responses, as you will from the lessons themselves!
Our personal phone-based coaching rate is currently $200 per hour. But when you access this course, personal support is included for FREE, for as long as you need it.
What's Your Investment In The
BIWS Real Estate and REIT Modeling Course??
To put this in context, let's consider your Return on Investment in this Program...
The pay for entry-level investment banking jobs varies from year to year, but it's safe to say that even entry-level Analysts would make at least $100,000+ USD right out of university.
At the MBA level, that climbs to $200,000 USD. And as you progress, your salary only gets higher and higher.
By investing in this highly-specialized program, you're doing several things, all at the same time:
- Gaining extremely specialized knowledge in a field in which there is always high demand for people who know what they're doing.
- Learning practical real-world skills you can apply right now.
- Differentiating yourself from other IB professionals and students at top schools – even those with the best academic pedigrees and the highest GPAs.
- Proving beyond a doubt to current or potential employers that you're someone who is prepared to go "above and beyond" to be the best and get results… which is exactly the type of person banks love to hire, reward and promote.
So the value you stand to receive is substantial.
And your investment? Just $247 for the entire program.
With this very modest investment, you're setting yourself up for a job that pays a minimum of $100,000 – that's a 400x return on investment. (Good luck getting that in the stock market!)
Or another way to look at it is that with this course, you're acquiring highly-specialized skills for which there is a ton of demand, but very limited supply... and that can only be a very good thing for you.
Other training firms charge much more for less content and value - and in some cases, for programs that aren't even designed specifically for online learning.
Sign Up Now100% Unconditional Money Back Guarantee
And just in case you're not absolutely convinced the BIWS Real Estate and REIT Modeling Course is right for you, let me remove any last shred of doubt. You're completely covered by our unconditional 60-Day Money Back Guarantee:
The No-Hassle Money-Back Guarantee
Just like every one of the BIWS products and courses, this comes with our unconditional 60-day money back guarantee.
That’s right - take a full 60 days to evaluate everything inside the Program, and if you’re not 100% satisfied, simply contact us via the “Contact” link displayed on every page of the site and ask for your money back.
You’ll receive a prompt and courteous refund. There are no strings attached, no special terms or conditions, and no fine print.
Here’s What Happens Within Minutes Of You Signing Up
Once you sign up, you'll immediately have access to the 63 instructional videos and 7 PDF Quick Start Guides.
And you'll have access to our expert support team to ask whatever questions you need, 365 days a year. With that comes lifetime access to the site, free upgrades, new content as we add it, and support.
Decision And Action Time
This is the most comprehensive and most practical Real Estate and REIT industry-specific financial modeling training around, at the best price, and with the best guarantee. This is as risk-free as an offer can possibly get.
Click the orange "Add To Cart" button to finalize your order and create your username and password, and I'll see you on the other side:
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To YOUR success,
Breaking Into Wall Street Founder
P.S. There is no faster way to master the skills required for real estate and REIT modeling... and no faster way to prove to potential employers or HR departments that you're an A-grade professional who is prepared to go "above and beyond" to stand out.
P.P.S. Advance Warning: A price rise is coming soon. The price of the BIWS Real Estate & REIT Modeling Course will increase to at least $397 in the near future. Even at that price, this course would still be more cost-effective than all the other alternatives... but please don't miss this opportunity to get in at $247, and then come back later only to find that you have to pay more.
If you've been watching us from the beginning, you know that prices have been increasing since the site first launched - and they will continue to do so in the future as the courses get even better and we add additional material and features.
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Pssst! Here's An "Even Better" Offer
What's an even better value than this industry-specific financial modeling course? The Industry-Specific Financial Modeling Course Bundle.
With the bundle, you get the following three Courses at a deep discount to the regular prices:
- Bank & Financial Institution Modeling Course
- Oil & Gas Modeling Course
- Real Estate & REIT Modeling Course
(Including all bonuses, expert support, immediate access, and a 60-Day Money-Back Guarantee on everything...) all for just $497 (savings of $244).
Knowledge and skill in these three specialized disciplines will truly set you apart from the pack, and I promise you: they will never be offered at a lower price than this.
Click Here To Sign Up Now For
The Industry-Specific Financial Modeling Course Bundle