Mastering Real Estate Investment Examples Metrics and Case Studies
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.
User Ratings and Reviews
5 Stars Great investment book
This is a great book for those just getting into real estate investing that do not have a financial background. The examples for each section really help you understand what the particular formula is supposed to tell you. Overall, I am glad I purchased this book.
4 Stars If you’re just buying one get the “cash flow” book instead.
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.
5 Stars Frank has got you covered with this one!
Way to go Mr Gallinelli with the volatility in real estate these days, it’s nice to know I can come to your latest book for the answers that un-candidly seem to hit the mark most every time.
Numbers crunching isn’t much fun for a lot of folks but you keep it understandable and in many cases quite entertaining, your examples, case histories, benchmarks and historical data applied to today’s environment will no doubt save more than a few from catastrophic implosions while leading others to sound long-term investment.
Thanks so much for taking the time to consider today’s tough challenges and putting it all into perspective in one value packed volume, it’s nice to be able to use this book again and again to cross-check moves to be made and adjust as necessary.
Dan Auito(Owner)www.magicbullets.com The home of over 5000 real estate investors on the web.
5 Stars Frank You’ve Hit Another Home Run!
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!
5 Stars Frank delivers again
This is the third book I’ve read from Frank and I keep learning from him. Frank provides an organized way of determining if a particular real estate property makes business sense. Frank reviews various types of real estate properties (single family, apartments, etc) and analyzes them in a very logical and easy to understand way.
Unlike other ‘get rich quick’ books, Frank isn’t out to convince the world that everyone should acquire real estate ‘with no money down’. Instead, Frank advocates a quantitative approach towards deciding to make an investment in real estate.
Frank goes well beyond the theory (e.g., why single family homes aren’t priced based on the revenue they generate) of investing in real estate. Very significantly, Frank provides numerous quantitative tools to help the investor understand and use in deciding whether a particular investment makes sense.
In fact, the book is devided into two main parts: the first part (37 chapters) consist of a series of formulas and examples such as simple interest, capitalization rate, amoritzation, etc. This part is more of a reference section.
The second part of the book applies the first part in a series of case studies, which are very easy to follow and interesting. You can see yourself wanting to ‘run your own numbers’ using his formats and tables to see if you are indeed acquiring profitable properties.
All in all, well worth reading and having handy as a reference book when looking to acquire real estate properties.
Mke
Related Websites -
Investing With Cash Flow Notes For many, purchasing cash flow notes is a good investment. It takes a lot of effort to be able to find cash flow notes as well as look for buyers and investors. However, because of the good return on investment, cash flow note business has become well known most especially...... -
Cash Flow Your Way To Wealth The days of buy, fix, and flip are over with for the most part. In these times of few buyers, high foreclosures, and surplus of properties, the market is in the perfect condition for investors to cash flow their way to wealth. Rental prices are holding steady and in some markets increasing. This provides the...... - Is It A Good Time To Invest In Real Estate? Even though I've experienced phenomenal returns in real estate, I think its getting exceedingly difficult to invest in that asset class. If you're flipping houses and you have a good buying and selling system in place, then the story is different, but thats probably your full-time job. If you a......
-
Things to Consider Before Investing in Real Estate This post was written by Tony. Real estate is a great investment, because as Teddy Roosovelt once said “you should buy land; they’ve stopped making it.” It’s a great uber-long term investment. But like any good investor, you need to realize a few important points before jumping into the...... - Know Your Real Estate Market A market analysis and foreseeing capability is the difference between large profits and negative cash earnings. Real estate market plays an important role in the process of property valuation, even more than the property itself. Therefore, next time when you are about to invest in some residential or commercial property, spending some......
You must log in to post a comment.