To get the free app, enter your mobile phone number.
Mastering Real Estate Investment: Examples, Metrics And Case Studies Paperback – September 12, 2008
|New from||Used from|
ITPro.TV Video Training
Take advantage of IT courses online anywhere, anytime with ITPro.TV. Learn more.
Frequently Bought Together
Customers Who Bought This Item Also Bought
From the Back Cover
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.
About the Author
If you buy a new print edition of this book (or purchased one in the past), you can buy the Kindle edition for only $2.99 (Save 70%). Print edition purchase must be sold by Amazon. Learn more.
For thousands of qualifying books, your past, present, and future print-edition purchases now lets you buy the Kindle edition for $2.99 or less. (Textbooks available for $9.99 or less.)
Top Customer Reviews
Overall, this book is okay, but stand-alone the cash flow book is superior.
The book is organized simply around two (2) interacting parts. Part One of the book contains all of the metrics, each presented separately, and each introduced metric builds logically upon those that preceded it. All of the examples in Part One are simple and straight-forward (the reader could use them to build more complicated examples), and each of the thirty-seven (37) chapters ends with at least three (3) worked problems and solutions. Subsequently, all that is learned in Part One is then put to rigorous work in Part Two, where the reader can see how all the metrics and the various statements come together.
Part One builds up to enabling the reader to set up an annual property operating data (APOD) sheet, and income and cash flow statements for each property under consideration for investment. The only thing that I found missing here was a work-up of detailed, initial and projected balance sheets for each property (so that one can keep track of one's all-important equity stake).Read more ›
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.
I appreciate that the author decided to write this book after getting comments and questions from readers about the book mentioned above. I am a big fan of this author, and I highly recommend all three of his books. They are not the get-rich-quick-schemes, and they provide good education.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Most Recent Customer Reviews
This is a fantastic book that covers all the angle and details on evaluating and understanding Real Estate Metrics . Read morePublished on July 29, 2014 by Francisco Y.
This is the 2nd book I have purchased of Frank Gallinelli. I'm using this one like a text book to learn from as time permits.Published on March 3, 2014 by David Snyder
Unfortunately I didn't find this book until I had learned all this on my own by researching deals and asking questions of my agents. Read morePublished on December 19, 2013 by Amazon Customer