What If Tools
Building a model is only the first step. Learn to use Goal Seek, Solver, Data Table, and Scenario Manager to make Excel work for you.
I've been building financial models for over 20 years, and I can tell you that no one wants to review your model.
Enjoy.
- Josh Kahr
What tools are discussed in this course?
Goal Seek is using to quickly give you the input you need to get the answer you want.
Data Tables are how you generate a sensitivity analysis. It'll let you analyze a deal or give a stellar presentation.
Scenario Manager is used for scenario analysis. It's the most powerful tool in Excel that almost no one uses.
Solver is used to solve problems that have negative feedback loops.
Example of Goal Seek
FREE PREVIEWThe Basics of Goal Seek
FREE PREVIEWGoal Seek and Precision
Example of Data Tables
The Basics of Data Table
Calculation Speed and Settings
Links and Circular Calculations in Data Tables
Many Output, One Input Data Table
Approach 1 - Many Output, One Input Data Table
Approach 2 - Many Output, One Input Data Table
Example of Scenario Manager
The Old Way of Comparing Scenarios
Scenario Manager
Solver, Basic Example
Turning On Solver
The Basics of Solver, Solving For A Value
Solver, A Better Example
Solver, A Better Example
Congrats! Here's what's next...
More resources for you
Before you go...
Joshua Kahr is the principal of Kahr Real Estate Services, a training and consulting company that he founded in 2002 and that serves the commercial real estate industry. In 2009, he founded Metropolitan America, a real estate investment company that owns and manages apartment buildings in New Jersey. In 2020, he started Essex Suites, a coworking company, that opened its first location in Verona, New Jersey.
Prior to this, he held positions in investment sales at a regional brokerage firm in New York City and in acquisitions at a fund that focused on environmentally contaminated real estate.
He was on the board of directors of two public companies, Monmouth Capital Corporation and Monmouth Real Estate. He was an advisory board member of Assess+RE which was sold to LightBox in 2021. He is currently on the advisory board of clik.ai.
Mr. Kahr has served as an adjunct associate professor since 2005 for Columbia University’s MS in Real Estate Development program where he has taught real estate finance, real estate capital markets, and related topics. He has also served as an adjunct professor at Northwestern, New York University, and Georgetown University. For corporations, he has taught over 200 two-day seminars on Excel modeling and Argus.
Publications include two books on real estate market analysis, Real Estate Market Valuation and Analysis (John Wiley and Sons: 2005) and Beyond the Bubble (Amacom Books: 2007).
He has a Master of Science in Real Estate from New York University (’97) and a Bachelor of Arts in Economics from Reed College (’92).
He is also licensed as a real estate broker in New York and New Jersey.