Real Estate Financial Analyst / Land Appraiser - Land Development & JV Modeling
Confidential employer
Real Estate Financial Analyst / Land Appraiser — Land Development & JV Modeling
Fully Remote · Philippines-Based · Full-Time · US Central Time Shift · Reports Directly to the VP of Operations
Why This Role Exists
We are a Central Texas land development and investment firm doing what most of our competitors cannot: turning raw acreage tracts of varying sizes into fully platted, revenue-generating subdivisions. We move fast, we structure JVs directly with landowners, and we deploy real capital on real deals every month.
The problem: our deal flow is outrunning our modeling capacity. Feasibility studies, absorption schedules, and JV waterfalls are stacking up on the VP of Operations' desk — and every day one sits there is a day a deal moves slower. That is where you come in.
What Success Looks Like in 90 Days
- You have taken 3+ live deals from raw acreage to landowner-ready JV pitch — independently.
- The VP of Operations and Founder review your models at the assumption layer, not the formula layer.
- Landowners see your work directly. Your name is on the pro forma at the meeting.
What You Will Actually Do
- Turn raw land into revenue models. Take a raw acreage tract — size depends on the project — decide the lot cut, allocate infrastructure cost, phase the release, and build the per-lot P&L.
- Model absorption like a real one. Monthly ramp schedules by phase — no flat annual averages, no divide-by-12.
- Run Sales Comparable Analyses on land and lots using aged, expired, and active comps to establish real value and defensible days-on-market.
- Build JV waterfalls that hold up under an attorney's audit — preferred returns, pari-passu tiers, IRR hurdles, promote splits, land-contribution structures.
- Produce investor-facing return summaries (IRR, equity multiple, cash-on-cash) for our own JV investment deals — reviewed by ownership and counsel prior to distribution.
- Package landowner-ready decks and spreadsheets that need no revisions before they hit a Zoom call.
- Sit in on live deal calls with US ownership and iterate on assumptions in real time.
Required — Non-Negotiable
- 3–5 years institutional real estate underwriting at Colliers, JLL, Leechiu, Santos Knight Frank, Cushman & Wakefield, CBRE PH, Ayala Land, Megaworld, SMDC, or equivalent.
- Portfolio of at least 2 land or JV models you personally built (anonymized acceptable).
- Demonstrated absorption rate modeling — you must be able to show a live sample ramped monthly schedule during the interview.
- Working knowledge of JV waterfall structures — preferred returns, pari-passu tiers, IRR hurdles, promote splits.
- Advanced Excel — dynamic formulas, sensitivity/data tables, scenario toggles, INDEX/MATCH, XIRR.
- Fluent business English — written and spoken, for direct communication with US ownership and occasional landowner presentations.
- Willing and able to work US Central Time business hours — 7:00 AM to 5:00 PM US Central Time (approximately 8:00 PM to 6:00 AM Philippine Time). This is a hard requirement: our deals happen on Texas time, and you sit on the Texas team.
Preferred (Not Required)
- MLS-based comp research experience (Highly Preferred). Comfort pulling and interpreting US MLS data is a big edge.
- Financial modeling certification: REFM (Levels 2–3), REFAI, CFI FMVA, Wall Street Prep REFM, or BIWS Real Estate Modeling. REFM Level 3 With Distinction is a strong plus but not required — reps beat certs.
- Prior exposure to US real estate — CoStar, LandVision, Redfin, MRICS, or US brokerage/PE experience.
- Civil engineering, surveying, or platting familiarity.
Compensation
Starting pay: $400 – $500 USD per week based on experience and demonstrated skill. Paid weekly via wire or approved remote-payment platform.
How to Apply
Send all three items to ---------- with subject line: "RE Analyst — [Your Name]", or message us and include the link to the requested files.
1. A sample land or JV waterfall model you personally built (anonymized OK).
2. Proof of any financial modeling certifications held (if applicable — not required to apply).
3. Availability windows for a 30-minute screening call within the next 10 business days.
Shortlisted candidates receive a 2-hour take-home underwriting test. Final round is a live screen-share with ownership. Serious applicants only — we read every submission personally.
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