All-in-One Excel Model, Argus Alternative
Hey guys, I know many people ask about modeling for CRE, Argus and possible alternatives for Argus.

I want to give credit to Spencer Burton for creating this beast of an excel model. The model is available via a "Pay What You Can" transaction and you can choose $0 or up to whatever you want. I have been experimenting with it and it seems great. I hope you guys can spare some $$ for this model.

I am not affiliated with Spencer or his company, I just wanted to shout him out and give people this awesome tool that I know was extremely difficult and time consuming to make (I would know, I made a similar "All-In-One" model, albeit with far less features and an overall ugly user interface).

Enjoy! Let me know what you guys think.
-P.S. I imagine I will be using this more as stupid Argus does not recognize my product key anymore since they want to transition everyone to Enterprise.

LINK: https://www.adventuresincre.com/all-in-one-underwriting-model-for-real-estate-development-and-acquisition/
[{"id": "dk7zmwb", "text": "Man, a number of downvotes and no replies. ", "replies": [], "depth": 1}, {"id": "dk89pyn", "text": "The file adventuresincre.com sends is an .xlsb file.  This could be the reason for the many downvotes...  \n\n\"It's possible for an XLSB file to have macros embedded in it, which have the potential to store malicious code.\n\n\nIt's important to take great care when opening executable file formats like this that you may have received via email or downloaded from websites you're not familiar with.\"\nhttps://www.lifewire.com/xlsb-file-2622534", "replies": [{"id": "dk8dfvu", "text": "Ah, I had no idea. Sorry guys. Maybe I can save as a different file format and upload it if it someone wants it? No biggie either way.", "replies": [], "depth": 2}], "depth": 1}, {"id": "dkdmvun", "text": "Very valuable post. Can't wait to play around with this. Usually these things have too many quirks that make them unusable for me, but I'm always looking to try out a new model.\n\nMy current Argus&gt;Excel workflow has been hell.", "replies": [], "depth": 1}, {"id": "dl7reqa", "text": "I just stumbled upon this thread, and thought I'd chime in. I'm the author of this model and so thank you u/SonaCruz for the shoutout. This is a pet project I started years ago during graduate school, and it continues to this day. It came about because one of my real estate financial modeling professors at the time told us that it was impossible to do what ARGUS (DCF at that time) does in Excel, so I thought I'd take a crack at proving him wrong. And while it certainly doesn't do everything the non-Excel alternatives do, it goes further than any Excel model I've seen - for better or for worse!\n\nIn terms of the model being a 'Macro-enabled\" model or .XLSB file, that is correct. I use VBA to size the interest reserve when using the Development module, automatically hide/show tabs depending on what type of deal you're modeling, and solve for a given return metric to calculate residual land value. I assure you, I have not written any malicious code into the model, and certainly have no incentive to do so. So, download and open the model with confidence.\n\nFeel free to contact me if you have questions, comments, or are in Texas and want to talk shop. I don't check my Reddit account much, so you can find my contact information here: https://www.adventuresincre.com/about-contributors/", "replies": [], "depth": 1}]