Mastering Real Estate Investment: Examples, Metrics And Case Studies [Paperback]

Frank Gallinelli (Author)

Editorial Reviews

Product Description

By the author of the bestselling guide, "What Every Real Estate Investor Needs to Know about Cash Flow... " (McGraw-Hill, 2004)

Develop a command of the essential formulas and concepts that underlie income-property investing:

* Capitalization Rate * Net Operating Income * Present Value * Debt Coverage Ratio * Internal Rate of Return and much more

Here Gallinelli revisits the 37 key metrics from his "Cash Flow" book and guides you through examples that will lead you to mastery of those concepts. He then takes you beyond those formulas to the next level, with detailed case studies of four different properties:

* Single-Family Rental * Renovation Project * Apartment Building * Strip Shopping Center

You'll analyze these properties with him and learn to look behind the numbers, to think like a successful investor and to recognize both the opportunities and the perils you might encounter when you invest in real estate.

From the Back Cover

By the author of the bestselling guide, What Every Real Estate Investor Needs to Know about Cash Flow... and 36 Other Key Financial Measures (McGraw-Hill, 2004)

When you invest in real estate, you have too much at stake to make decisions blindly. You need to develop a command of the essential formulas and concepts that underlie income-property investing:

Capitalization Rate - Net Operating Income - Present Value Debt Coverage Ratio - Internal Rate of Return - Gain on Sale and much more

Here Gallinelli revisits the 37 key metrics from his "Cash Flow" book and guides you through examples that will lead you to mastery of those concepts. He then takes you beyond those formulas to the next level, with detailed case studies of four different properties:

Single-Family Rental - Renovation Project Apartment Building - Strip Shopping Center

You'll analyze these investment properties with him. In the process you'll learn to look behind the numbers, to think like a successful investor and to recognize both the opportunities and the perils you might encounter when you invest in real estate.

Frank Gallinelli is the founder and President of RealData, Inc., since 1982 one of the real estate industry's leading software firms. He has written numerous articles on real estate investing, and teaches income-property analysis in Columbia University's Master of Science in Real Estate Development program.

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Product Details

• Paperback: 258 pages
• Publisher: RealData, Inc. (September 12, 2008)
• Language: English
• ISBN-10: 0981813801
• ISBN-13: 978-0981813806
• Product Dimensions: 9 x 6 x 0.7 inches
• Shipping Weight: 12.8 ounces (View shipping rates and policies)
• Average Customer Review: 4.8 out of 5 stars  See all reviews (11 customer reviews)
• Amazon Bestsellers Rank: #29,876 in Books (See Top 100 in Books)

  #68 in	Books > Business & Investing > Investing > Introduction
  #13 in	Books > Business & Investing > Real Estate > Investments

Customer Reviews

Most Helpful Customer Reviews

17 of 17 people found the following review helpful:

4.0 out of 5 stars If you're just buying one get the "cash flow" book instead., April 16, 2009

By	Waseem (Chicago) - See all my reviews

This review is from: Mastering Real Estate Investment: Examples, Metrics And Case Studies (Paperback)

I was trying to decide whether to buy this book or the "cash flow" one, since my library had the cash flow book I purchased this one. However, the cash flow book turned out to be superior and much of this book simply rehashes it but with less detail. Basically, the cash flow book as a section on valuation then details on the 37 calculations he uses; this book has the 37 calculations again, but in less detail, then has a section on example valuations.

Overall, this book is okay, but stand-alone the cash flow book is superior.

12 of 13 people found the following review helpful:

5.0 out of 5 stars There is a lot of opportunity out there right now and educating yourself should be your first step!, October 5, 2008

By	Jorge L. Rivera (Southport, CT) - See all my reviews (REAL NAME)

This review is from: Mastering Real Estate Investment: Examples, Metrics And Case Studies (Paperback)

"You should recognize that investing is a program for the long-term building of wealth, and it has little or nothing to do with speculation."

The above quote, directly from the book, instantly resonated with me. Frank Gallinelli wants to help you become the (unassuming) 'millionaire next door.' Not with get-rich-quick, info-mercial jargon, but by prodiving the reader with real, wealth-building knowledge. The book spills over with pearls of analytical wisdom specific to real estate investing. The current market is ripe with opportunity and this book does a great job of simply explaining complex calculations that should be part of every real estate investor's evaluation process. All the best to you.

8 of 8 people found the following review helpful:

5.0 out of 5 stars Frank You've Hit Another Home Run!, March 6, 2009

By	John Shipley "Lead Real Estate Instructor, Wa... (Waukesha, WI) - See all my reviews

This review is from: Mastering Real Estate Investment: Examples, Metrics And Case Studies (Paperback)

Congratulations Frank, you've hit another one out of the park. The third in your series is another addition to my reference library. As an instructor who teaches post secondary real estate investment courses, I've added this excellent analysis to my "must read" list of reference texts. Frank's 37 baseline chapters provide clarity and insight into basic investment measures. His examples demonstrate uncluttered applications of complex ideas in a logical and 'makes sense' manner. The sequence of chapters builds on basic concepts of measurement and carries the reader through reversion. The case studies provide concrete examples of investment scenarios which are applicable in real life real estate investing. Candidly,I feel that if novice real estate investors had read Frank's books prior to "pulling the trigger", I truly believe they would have made more prudent decisions and saved themselves a lot of money and anxiety. This book is definitely a good read and a must for every real estate investor's library!