Advice

6. Build your own model

I am a bit of a math nerd, so in my mind, the next step is the “fun part”. It is now time to build your own financial model. Each OM you have will likely include operating projections — also called a proforma — for the asset as well as a rent roll. Do not copy their model, but using the information, build out your own functioning proforma. Do not try and build a “master model” that you can re-use in the future and will apply to all different types of investments…

There is a lot of uncertainty now in everything, including the real estate industry, but as a student there is one thing I know for certain: the opportunity cost of your time will never be lower. Here are some things you can do NOW to put you in the best position to get a job as an analyst upon graduation…