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What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures |  | Author: Frank Gallinelli Publisher: McGraw-Hill Category: Book
List Price: $22.95 Buy New: $11.81 as of 9/8/2010 22:02 CDT details You Save: $11.14 (49%)
New (36) Used (22) from $11.81
Seller: supermoviedeals Rating: 67 reviews Sales Rank: 14757
Media: Paperback Edition: 2nd Pages: 312 Number Of Items: 1 Shipping Weight (lbs): 0.9 Dimensions (in): 8.9 x 5.9 x 0.8
ISBN: 0071603271 Dewey Decimal Number: 332.6324 EAN: 9780071603270 ASIN: 0071603271
Publication Date: September 8, 2008 Availability: Usually ships in 1-2 business days
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Product Description
Formulas that make the difference between making profits and losing equity The only way to win the real estate investing game is by mastering the numbers. This revised and updated edition of the popular reference shows how to target the best investments in the present market. It answers all your real estate questions, and provides new discussions of capital accumulation and internal rate of return. This book’s basic formulas will help you measure critical aspects of real estate investments, including - Discounted Cash Flow
- Net Present Value
- Capitalization Rate
- Cash-on-Cash Return
- Net Operating Income
- Internal Rate of Return
- Profitability Index
- Return on Equity
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| Customer Reviews:
Showing reviews 1-5 of 67
Perhaps a Good Investor, But Not a Good Teacher August 22, 2010 D 1 out of 1 found this review helpful
I definitely do not recommend this book to anyone who is trying to learn how to invest in real estate. I have worked in real estate and have a basic working knowledge of the industry, investing, etc., but I bought this book to gain more knowledge to use in my own investments. To put it simply, Gallinelli may be a good investor himself, but does not know how to communicate the, at times, terse subject of cash flow, for example. A good teacher is able to overcome his curse of knowledge and bring ideas that seem simple to him, yet are complex to the learner, to a level that conveys a happy medium. In other words, the teacher has to make the subject relatable and easy to understand, even if that means explaining in detail. Take the topic of discounting for instance. There are literally entire CLASSES devoted just to the notion of discounting and how it applies to investing, yet Gallinelli attempts to explain it in one paragraph and then apply it to real estate in another page or two. Save yourself the time, money, and opportunity cost by not buying this book. And let me know if you find something better, because I'm always yearning to learn more.
Thanks for reading.
use with caution July 12, 2010 Pamela 0 out of 2 found this review helpful
While the numbers look good you might want to approach real estate investment with a lot of caution. On paper my business can look good too, but the reality is, because of books like this, plus Robert Allen, and Carlton Sheets, I'll be in bankruptcy court soon. But hey it was an adventure. I got a great book out of my ups and downs in real estate investing in Akron Ohio. HOUSES OF CARDS recently won and IPPY award. If you want to follow the advise in this book I think you should read mine first! It shows a more realistic view. I own 12 single family homes, have a half a million in debt and it took me eight years!
Pamela Frost
Houses of Cards
A SUMMATION THAT EVERY REAL ESTATE INVESTOR SHOULD KNOW March 11, 2010 Michael J. Lindsey (Clarendon Hills, IL) 2 out of 2 found this review helpful
This book provides concise, to the point, explanations of important formulas that are critical in deciding important real estate investment decisions. The author masterfully takes you through each formula, providing you with simple examples,and demonstrates how these formulas are interconnected,and or utilized by themselves, in determing whether an income producing property meets an investors criteria. The first part of the book takes you through an example of the decisions and formulas that experienced real estate investors go through in determining real estate investment decisions using most of the key formulas. The second part of the book summarizes each formula, providing basic, easy to understand examples, allowing the reader to jump around and choose which formulas they want to focus on. Present Value, GRM, NOI, Cap Rates, Taxable Income, Cash on Cash Returns, DCF, Net Present Value, IRR, Debt Coverage Ratio and Depreciation calculations are but a few of the important concepts that are discussed in this book. For me it tied up a lot of loose ends and showed me how these formulas are interconnected and are great tools in analyzing commercial real estate. A definite must have for any serious real estate investor.
Great Book! Real Estate is such a great investment! February 22, 2010 Lisa A. Gergen (Bellevue, WA) 1 out of 2 found this review helpful
I purchased this book as a gift and have not finished reading it yet myself but have heard many good things and so far has been great!
Gallinelli Did His Home Work December 22, 2009 Mitch Stephen (Texas, USA) My Life & 1,000 Houses: Failing Forward to Financial Freedom
Good Book! Knowing your numbers is a must but don't forget...trusting your gut is just as important.
MS
Showing reviews 1-5 of 67
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