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Live Webinar

90-minute live streaming program
  • May 22
  • 1:00 - 2:30 pm EST

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Audio & Reference Manual

Creating Real Estate Financial Models in Excel

May 22

Learn how to break down the real estate pro forma in Excel®

In this topic, the information, will bring prior commercial real estate experience to the forefront and walk you through creating a simplified real estate proforma. The information will cover worksheet functions, such as SUMIF for looking up numbers from Excel® profit & loss reports and other sources; contrasting IRR and XIRR; and using CUMIPMT and CUMPRINC to eliminate building and referencing amortization tables when calculating debt service. Other techniques will include using the conditional formatting feature to color code lease expirations and heat map rental rates. You’ll learn how to build a waterfall chart to illustrate NOI (net operating income) for a given year, and how to use keyboard shortcuts, including the F4 key for toggling absolute references and Ctrl-R for copying formulas to the right. The information will cover such nuances as opening CSV files in Excel® as well as managing the protected view prompt, which can slow you down when you open reports exported from cloud-based software.

Learning Objectives

  • You will be able to iIllustrate financial statements with a Waterfall chart in Excel® 2016 and later.
  • You will be able to cite which character signifies an absolute reference within a formula.
  • You will be able to recognize the keyboard shortcut that enables you to transfer the contents of a cell across a row of adjacent cells that you’ve selected.
  • You will be able to identify the worksheet function that enables you to calculate a return for a series of cash flows distributed at irregular dates.

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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Building a Simplified Real Estate Proforma Model for Determining the Internal Rate of Return (IRR) on a Given Investment

Contrasting Sending Reports to Excel® vs. Exporting to Comma-Separated Value (CSV) Files

Opening CSV Files vs. Opening Excel® Workbooks

Understanding How to Manage the Protected View Prompt in Excel® 2010 and Later

Overcoming VLOOKUP's Quirks by Using the SUMIF Function to Look up Numeric Values

Calculating the Principal Portion of a Loan Paid During a Specific Time Period by Way of the CUMPRINC Function

Maximizing Space in Spreadsheets by Using Custom Number Formats to Incorporate Words Into Cells That Contain Numeric Values

Jump-Starting Spreadsheet Projects Using Free, Prebuilt Templates in Excel®

Computing the Internal Rate of Return for a Series of Cash Flows With the IRR Function

Understanding How XIRR Provides More Accurate Return Calculations Than IRR

Computing Returns on Irregular Cash Flow Distributions When Needed

Heat-Mapping Rental Rates With the Conditional Formatting Feature

Color-Coding Cells Between a Range of Amounts

Building an Instant Vacancy Schedule by Year via Excel's® Pivottable Feature

Illustrating Financial Statements With a Waterfall Chart in Excel® 2016 and Later

Using a Keyboard Shortcut so You'll Never Have to Manually Type $ Signs in a Formula Again

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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • CPE 1.8 including Specialized Knowledge 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 1.8 hours. Prerequisite: basic knowledge of real estate law. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.5 hours.
     

Audio & Reference Manual

  • CAC 0.5
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for presidents, vice presidents, property managers, real estate professionals, developers, landlords, building owners and managers, accountants, CFOs and controllers.

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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

David H. Ringstrom, CPA

David H. Ringstrom, CPA

Accounting Advisors, Inc.

  • Acclaimed Microsoft® Excel® expert, he is the president and owner of Accounting Advisors, Inc. based in Atlanta, Georgia
  • Founded Accounting Advisors in 1991 as a consulting services business, but in 2007, he began teaching for continuing education providers as well; his mission since then has been to offer quality training on Excel® and additional accounting software via live webcasts, on-demand self-study webcasts, and in-house engagements
  • Widely sought after as a webinar speaker on Microsoft® Excel® for both public and in-house engagements
  • His Excel® courses cover the gamut of the Microsoft® Excel®’s features and functions to provide professionals the knowledge they need to work more efficiently and effectively
  • Coined the phrase, Either you work Excel®, or it works you; training sessions focuses on what users often don’t know but should know about Microsoft® Excel®
  • His comprehensive yet easy to understand presentations cover Excel® 2016, 2013, 2010, and 2007
  • His webcasts are fast paced, and he welcomes attendees’ questions; in addition, his detailed handouts and slides serve as handy reference tools students can fall back on after participating in his webcasts or taking his self-study courses
  • Co-wrote Idiot’s Guides: Introductory Accounting
  • Current and previous articles include "AccountingWeb" (Staff Writer); "Sleeter Report" (Blog Columnist); "Microsoft’s Professional Accountants’ Network”; “The Successful California Accountant”; “New Jersey Society of CPAs”; “Microsoft Office and VBA Developer”; “Microsoft Small Business Accounting”; “Inside Lotus 1-2-3”; “Inside Quattro Pro”; “Inside FileMaker Pro”; “Inside Peachtree” and “Inside QuickBooks”
  • Technical editor of more than 34 books, many in the For Dummies series, including QuickBooks® Simple Start for Dummies; QuickBooks® for Dummies; QuickBooks® All-in-One Desk Reference for Dummies; Quicken for Dummies; Quicken All-in-One Desk Reference for Dummies; Peachtree for Dummies and .com for Dummies
  • Public speaking includes American Woman’s Society of Certified Public Accountants Atlanta Chapter; Georgia Government Finance Officers Association; Georgia Society of CPAs, North Perimeter Chapter; Georgia Society of CPAs, Southeastern Accounting Show; Georgia Tech’s Center for Manufacturing Information Technology; South Carolina Society of CPAs; Dozens of webinar providers
  • B.B.A. degree in accounting, Georgia State University
  • Can be contacted on Twitter® @excelwriter
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 405501
Published 2016, 2019
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