Bruce Kirsch, REFAI®

Founder of REFM, Author of RE Finance and Investments textbook and REFAI® Certification program

View articles by Bruce Kirsch, REFAI®

60-Second Skills: Annual IRR vs. Monthly IRR Formula And Other Non-Annual Cash Flow Increments

60-Second Skills: Annual IRR vs. Monthly IRR…

December 4, 2024

4 likes

Improve Your Formula Bar Viewing Experience in Excel: Two Simple Methods to Enlarge It Visually

Improve Your Formula Bar Viewing Experience…

November 13, 2024

5 likes

Using SUMPRODUCT and SUMIF to do quick analysis of an apartment unit mix

Using SUMPRODUCT and SUMIF to do quick…

November 11, 2024

10 likes2 comments

The Practical Shortcomings of the IRR

The Practical Shortcomings of the IRR

February 8, 2023

38 likes2 comments

At What IRR Is An Investment Worthwhile?

At What IRR Is An Investment Worthwhile?

August 9, 2022

82 likes7 comments

The New, Improved Co-Authored 5th Edition of The Linneman Textbook Is Here

The New, Improved Co-Authored 5th Edition of…

June 5, 2018

26 likes8 comments

The most efficient way to underwrite a value-add apartment acquisition and renovation deal

The most efficient way to underwrite a…

November 16, 2017

30 likes5 comments

How to do a back of the envelope analysis for developing a commercial office building

How to do a back of the envelope analysis…

July 12, 2017

13 likes1 comment

What does “value add” mean and how do you model it?

What does “value add” mean and how do you…

July 5, 2017

12 likes1 comment

What’s a good equity multiple for a real estate deal?

What’s a good equity multiple for a real…

May 31, 2017

4 likes

In Plain English: the IRR look-back mechanism used in JV cash flow waterfalls

In Plain English: the IRR look-back…

May 8, 2017

14 likes

How to use the PMT and CUMPRINC functions instead of building out a full amortization table

How to use the PMT and CUMPRINC functions…

April 27, 2017

2 likes

Negotiating the best equity joint venture structure in today’s market

Negotiating the best equity joint venture…

April 13, 2017

12 likes

Using conditional formatting to keep your Excel reports clean and elegant

Using conditional formatting to keep your…

March 25, 2017

13 likes

Real Estate Job Interview Technical Excel Modeling Test Tips

Real Estate Job Interview Technical Excel…

March 2, 2017

10 likes

3 Ways to Avoid Deal Fever When Investing in Real Estate

3 Ways to Avoid Deal Fever When Investing in…

February 16, 2017

4 likes

3 Ways Financial Modeling Can Help You Stand Out

3 Ways Financial Modeling Can Help You Stand…

January 25, 2017

8 likes

4 CRE Sectors and Their Biggest Trends to Watch in 2017

4 CRE Sectors and Their Biggest Trends to…

January 5, 2017

9 likes

How to run a back of the envelope analysis for multi-family using Valuate

How to run a back of the envelope analysis…

December 21, 2016

15 likes

3 Ways Better Financial Modeling Can Add Value to Your CRE Business

3 Ways Better Financial Modeling Can Add…

December 12, 2016

2 likes