Financial Modeling in the Era of AI - Watch Me Build

For the last 13 years, Michael Belasco and I have been building real estate financial models in spreadsheets. Templates sped things up, but they never replaced the need to understand what you're actually building. AI is the next shift in that progression, and this video shows what it looks like in practice. Watch me load a real offering memorandum, T12, and rent roll into an AI Skill built for the A.CRE Apartment Acquisition Model, then work through first-pass underwriting on a 134-unit Phoenix apartment deal. The AI pulls live agency debt pricing from the A.CRE Intelligence Hub, populates inputs methodically, and flags what's broken at the asking price, including a significant gap between the OM's headline cap rate and what the actual in-place numbers support. This is not a shortcut for people who haven't learned to model. Learn the fundamentals first. Then use the skill as your calculator. 00:00 - Introduction and context 00:28 - Why financial modeling fundamentals still matter 02:35 - The long division analogy 05:00 - How AI changed the equation 07:16 - Inside the AI Skill: methodology and structure 08:20 - Loading the model and deal documents 13:40 - Selecting a role and setting underwriting approach 18:30 - AI queries the Intelligence Hub for live debt pricing 23:04 - Watching the model populate in real time 24:21 - What the AI flagged: the cap rate discrepancy 26:02 - What this means for deal volume and workflow 27:07 - The skill builder role and what comes next Read the companion post: https://www.adventuresincre.com/finan... Get the Apartment Acquisition Model AI Skill: https://www.adventuresincre.com/ai-sk... View all models in our library: https://www.adventuresincre.com/libra... Learn to build institutional-quality real estate models: https://www.adventuresincre.com/accel... SUBSCRIBE: https://www.youtube.com/user/sburtonh...