Everything you'd ask on a call.

Sponsors and GPs raising equity, brokers who need pricing analytics, family offices doing their own diligence, lenders spot-checking a borrower's model, and LPs who want an independent read before wiring funds. Deal sizes typically run $2M to $150M.

Yes — often. First deals are where an independent model earns its fee fastest, because your first raise lives or dies on whether the numbers survive scrutiny. Expect the same rigor an institution gets, plus a little more explanation along the way.

Multifamily, build-to-rent, industrial, retail, office, self-storage, hospitality, and mixed-use, anywhere in the US. Market research is part of the work — local rent and sales comps get pulled and adjusted for every underwriting.

For acquisitions: the OM, trailing-12 financials, and rent roll. For development: land basis, budget, and plans at whatever stage exists. The full institutional checklist lives on the Process page — but messy broker PDFs are normal, and cleaning them up is part of the fee.

Yes. Your template, my template, or a hybrid — whatever your investors and lenders are used to seeing. If your template has structural problems, you'll get a quiet memo about it rather than inherited errors.

Because hiding them wastes your time and mine. The fees are benchmarked to what senior freelance CRE analysts bill ($125–$175/hr) and packaged as fixed fees so you can budget a deal before we ever speak.

50% deposit to begin, balance invoiced net-7 at delivery. Retainers invoice monthly in advance. ACH, check, or card. Deal Screen fees always credit toward a full underwriting of the same deal.

You pay for work performed, capped at 50% of the quoted fee — and that amount credits toward your next deal within 90 days. Dead deals shouldn't cost you twice.

Two full rounds on every fixed-fee engagement, open for 30 days — updated debt quotes, new assumptions, revised business plans. Additional rounds are a flat $150. Structural scope changes are quoted in writing before work continues.

Deal Screens: 48 hours from documents-in-hand, guaranteed. Full underwritings: 3–5 business days. Development models and market studies: 5–8. Retainer clients get 48-hour priority on everything. If a date can't be hit, you hear it before committing — not after.

A full underwriting in 48 hours runs +50% of the standard fee, capacity permitting. It's real — but the standard timeline exists because a second-day read of a model catches things a first-day read doesn't.

Every model passes a two-stage audit before delivery: a mechanical pass (formula integrity, precedent mapping, hard-code hunt, circularity check) and an assumption pass (every driver benchmarked against market data). It's the same checklist used in the Model Audit service — run on my own work first.

Completely. A mutual NDA is signed before any documents change hands — a standard form is ready, or we use yours. Files are stored encrypted, never shared, and purged after the engagement on request. And never both sides of the same deal.

You own the delivered workbook outright — use it, modify it, share it with your investors and lenders freely. The underlying generic template architecture (the skeleton that predates your deal) remains mine to reuse; your deal data, assumptions, and anything built specifically for you never appear in anyone else's work. It's all spelled out in the engagement letter.

Yes. Institutional paperwork is normal — NDAs, vendor onboarding, W-9s, insurance certificates. Send it with the deal documents and it comes back signed, usually same day.

Excel, natively — every deliverable is an unlocked workbook with transparent formulas and no required plug-ins. ARGUS Enterprise builds, audits, and reconciliations are available for institutional processes that run on AE.

Excel for almost everything: it's transparent, portable, and every partner can open it. ARGUS earns its keep on complex multi-tenant commercial rollover schedules and when an institutional counterparty requires it. When both exist, they get reconciled so they never tell different stories.

Good — that conversation is half the value. Every assumption is documented with its source, we argue it on the review call, and the model is built so changing any input flows cleanly through. The numbers stay yours to direct; my job is making sure you know exactly what each choice does to the returns.

Every engagement includes two revision rounds for 30 days. Custom model builds add a recorded 1:1 training session and 30 days of support. Past that, hourly advisory ($150/hr) or a retainer keeps the desk on call.