Customer Reviews

Real Estate Finance & Investments (Real Estate Finance and Investments)

5 star:		(5)
4 star:		(4)
3 star:		(0)
2 star:		(0)
1 star:		(1)

 

 

This book was required for my RE class at school, so I had to buy it. But unlike many college text books, which will sit on the shelf unused 90% of the time, this one actually proved to be very, very useful. It covers financial and some legal aspects of all major categories of real estate. It helps to be familiar with DCF, TVM and other basic accounting concepts before starting this book.

For serious investors pondering whether to indulge in real estate, this book provides an indepth look at the factors you should be aware of. It explains the main types of real estate - residential, commercial, industrial. Each has its quirks, with its own pricing, investment history and tax considerations.

For example, there is consideration of foreclosed homes. Giving an analysis of the costs of buying this REO from a bank and then fixing it up for resale. The different types of acquisition fees you are likely to encounter are given. Along related lines, there is a study of a personal residence. Should you rent or own this? The conclusions can and will vary with market conditions and geography. Unlike what a realtor might tell you, the book has no automatic bias towards owning a home.

On a larger scale, the book tells how to evaluate many types of property for income streams. Along with possible financial leverages schemes, to bootstrap your portfolio.

This is a detailed text that is easy to read. It should be noted, however, that due to the vastness of the subject there's lots of similar terms that can be easily confused. This isn't a book you read and pass along, keep it on the shelf for reference. Absolutely love the web site links that have Excel sheets ready to analyze.

This is by far one of the worse text books I have encountered so far in my three years of higher education.

The authors do a horrible job summarizing points and one must read paragraphs multiple times to understand something as simple as a fixed rate mortgage. The book also has poor illustrations and confusing graphs.

The book has paragraph headings but after reading the entire paragraph 3 or 4 times I find it difficult to write in words what the paragraph title actually means. There are no bold terms or summarized definitions on the side margins which makes studying nearly impossible. For the amount of math in the book the authors also do a poor job explaining how to work the problems and show little work.

It is solid book.

Starts off with present values and future values to explaim mortgage payments.

Has some economics, explains different loan types, property valuation etc...

Good introduction to real estate fundamentals.

If you are a real estate professional (banker, fund manager or investor), than that's all you need. The book is great.

This is a good reference for anyone who wants a property investment methodological approach, sustained by economic principles and good examples,
good for students and professionals related to the property market.

The book was in good condition as discribed and arrive on time. , great job

I needed my text book fast because the class I was in had already started before I ordered the book, and this seller had the book to me in 2 or 3 days. I was very happy about the quick shipping and the condition they described the book to be in was right on. No surprises which is a good thing.

ordered on Aug 28 night with standard shipping fee,as I thought it was not worth to pay premium shipping fee as Labor day was coming. books were actually sent out on Sep 1 and received on Sep 4.