Leveraged breakdowns offers 9 great products!
The Complete Bundle
$349 ​
(One-time purchase for 3 months course access + guides download)
- Best value, includes all 9 of our products as one bundle
- Modeling course subscription does not automatically renew after 3 months
- You get to keep each guide forever once downloaded
Modeling Course Subscription
$49
(per month)
- Necessary skills for any undergraduate or junior professional interviewing for ANL/ASO roles in REPE
- Monthly access to ever-expanding catalogue of educational video lectures
- Learn from industry veterans with >$15B direct asset-level acquisition and public M&A experience
- Model from scratch, develop fluency with must-know corporate finance fundamentals
- Learn Excel tips, tricks, and shortcuts to move lightning fast through any case study or investment model
- Develop an investment thesis from raw data used by true REPE professionals
- Access to the “crash course” REPE Starter Kit (~2hrs video content)
- Access to the “deep dive” Breaking Down REPE Course (~7hrs video content)
Technical Interview Guide
$99
(one-time purchase)
- 41-page technical interview guide, learn to:
- Demonstrate fluency with each major sector and their core strengths and weaknesses
- Thoroughly explain the relationship between cap rates and risk
- Quickly compare and contrast two investment opportunities regardless of sector or geography
- Manipulate accounting and financial metrics common in real estate private equity
- Convincingly highlight the merits of investing in real estate
- Analyze and recommend the appropriate credit strategy for any particular deal
- Intelligibly discuss the intricacies of development underwriting
- Unique PDF download that you keep forever, purchase grants access to updates and revisions for one year
Mental Math Guide
$30
(one-time purchase)
- 10-page Mental Math Guide with 20 real estate finance questions that are commonly asked in technical interviews for real estate firms
- Detailed explanations that show you how to approach these questions and explain the underlying concepts
- Supplement to our Technical Interview Guide, which covers real estate interview questions more broadly
- Material includes unlevered and levered IRR, cash-on-cash return, multiple on capital, comparing risk and return across deals, etc.
- Guide also comes with a useful real estate returns calculator in Excel so that you can easily check your work
- After working through this guide you’ll be fully prepared you to ace any technical question that requires quick thinking or mental math
ANALYST CASE STUDY
$30
(one-time purchase)
- Real Life Analyst Case Study adapted from case studies at actual real estate firms
- Case focuses on the acquisition of a hypothetical apartment building in the San Francisco Bay Area
- Case has two sections: Section 1 tests your model building / knowledge of real estate return metrics and Section 2 tests your analytical/critical thinking around an investment decision
- The answer key includes both a completed acquisition model in Excel(with some extra modeling tips) and a written answer key with suggested answers
- After completing this case you’ll be very well prepared for any case study that is part of your interview process!
ANALYST EXCEL TEST​
$30
(one-time purchase)
- Real Life Analyst Excel Test with 47 questions across three sections that takes roughly two hours to complete
- Sections include Rent Roll Analysis, Deal Analysis, and Cash Flow Modeling
- Practice the top ways that firms test analyst candidates during interviews (covers both Excel knowledge and real estate knowledge)
- Comes with two Excel files:1 with questions and 1 with questions & answers; practice on the first one and then check your work with the second
- Test follows UK real estate modeling conventions/industry terms , but the differences between UK and U.S. real estate terms are noted (most concepts are the same)
- After spending time with this resource you’ll be ready for any Excel test that comes your way!
UK Analyst Case Study
$30
(one-time purchase)
- The UK Analyst Case Study is adapted from an actual deal reviewed by UK-based real estate private equity firm
- The case focuses on the redevelopment of a prime office building in London, using UK real estate modeling conventions, which vary from US modeling norms
- The case has two sections: Section 1 tests your ability to construct a complex real estate redevelopment model and Section 2 tests your ability to manipulate the model and assess the investment opportunity
- The answer key includes both a completed acquisition model in Excel and a written answer key with suggested answers to the questions
- After completing this case you’ll be very well prepared for any case study that is part of your interview process!
Sector Series Guides
$30
(one-time purchase)
- Three guides (5-10 pages each): detailing the following sectors — Multifamily, Single-Family Rental, and Office (more coming soon…)
- Each guide is part sector primer and part sector update, detailing the fundamentals and the latest trends in the sector
- Data-First Philosophy: all narrative themes supported by data from industry-leading sources
REAL ESTATE LENDING GUIDE
$79
(one-time purchase)
- 36-page guide on commercial real estate lending, written by industry insiders with decades of experience
- Guide follows the prototypical life of a real estate loan, from origination, to deal underwriting, to asset management
- Detailed overview of the capital stack, including the risk and return profiles of each component
- Overview of senior debt characteristics and common types of senior lenders
- Description of the loan origination process, including a review of the key lender roles: relationship manager, underwriter, credit officer, and loan operations
- Review of the loan underwriting process in detail, including a framework for evaluating risk
- Overview of the loan asset management function after a loan has been closed, including potential remedies if a loan defaults
Construction Loan Guide
$79
(one-time purchase)
- 53 pages step-by-step detail on how a lender originates, underwrites, and administers a large scale construction loan
- Real-world case study with self-study quizzes for each section, with additional 11-page answer key
- The capital stack, its typical components, and repayment priority
- Typical construction lenders, including commercial banks and government sponsored entities
- What a lender looks for in a borrower, including who they are, their experience, and their finances
- What a guarantor is, why they are required, typical guarantee structures, and their importance
- The typical sources of repayment in a construction loan and how they are evaluated
- How a lender evaluates loan collateral including location, absorption, finishes, and pre-sales/pre-leases
- Loan covenants, what they are and why they matter