on March 24, 2008
Mark has really put everything in one small book, I am going to give one of these books to each of my clients and have them sign and date it and keep a photo copy of the cover for each of my closed transactions. This not only informs my client of Investing, market strategy and market timing but also keeps me safe if ever we go to court.
on March 28, 2008
Cap rates, net operating income, cash on cash, absorption, rental surveys, internal rate of return, job trends & demographics, etc. -- all important measures. However, in this book Mark simplifies WHERE YOU SHOULD START and enables you to quickly determine the "temperature" of the market before wasting unnecessary time on the other formulas.
on March 25, 2008
"Marketopoly" shares what should be a fundamental of real estate investing: All real estate markets are local. Even though the overall, so-called national market may be in a downturn, that does not mean that the ALL of the markets are bad places to invest. Mark shows a formula to determine which way individual local markets are trending. That way investors know where to put their money. I truly enjoyed this book and the no-nonsense perspective.
on June 22, 2008
Marketopoly is an excellent primer to real estate investing. Consider it an antidote to the ubiquitous information out there in the form of books and seminars on real estate speculation, dependant on unrealistic appreciation. Mr. Mackenzie has provided in an easy to read and understand form, the basic metrics for analyzing a piece of investment real estate. For this he should be applauded. Will this turn the masses into successful real estate investors? No, but it will give the reader a leg up on the competition. Read this if you are considering becoming a real estate investor instead of a real estate speculator.