The Complete Guide to Real Estate Finance for Investment Properties
How to Analyze Any Single-Family, Multifamily, or Commercial Property
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2.8 • 18 Ratings
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- $22.99
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- $22.99
Publisher Description
This practical, real-world guide gives investors all the tools they need to make wise decisions when weighing the value and potential of investment properties. Written for old pros as well as novice investors, this friendly, straightforward guide walks readers step by step through every stage of property analysis. Whether you're buying or selling, investing in big commercial properties or single-family rentals, you'll find expert guidance and handy resources on every aspect of real estate finance, including:
* Proven, effective valuation techniques
* Finance tips for all different kinds of property
* How various financing strategies affect investments
* Structuring financial instruments, including leverage, debt, equity, and partnerships
* Measurements and ratios for investment performance, including capitalization rates and gross rent multiplier ratios
* Future and present value analysis
* How the appraisal process works
* Primary appraisal methods-replacement cost, sales comparison, and income capitalization-and how to know which one to use
* How to understand financial statements, including income, balance, and cash flow
* Case studies for single-family rentals, multifamily conversions, apartment complexes, and commercial office space
* A detailed glossary of important real estate terminology
Customer Reviews
The Complete Guide to Real Estate Finance for Investment Properties
As an architect in the process of developing my first commercial project, I am well versed in the planning, design, construction, and operations of a project development. Yet, I am still trying to fill in gaps in my skill set, making sure that I cover all the bases. Commercial real estate financing is one of those skills I am lacking.
This book is like a treasure trove of financial information. You get "ooohhh, that's how it works" moments all the time. I just started reading it, and granted, if you are a pro in finance, you may not need this book, but if you are somebody like me trying get started in commercial Real Estate development, this book is fantastic.
I’m shocked at the 1-stars - This is an Essential Book for all Small-Medium Sized Investors
I can’t imagine why anyone would one-star this book. It was written in 2004, and while that may seem dated (there has been something of a correction to the market since then), the material in this book is timeless. Basic principles on how to understand the financial aspects of investment properties and how a small-to-medium size investor should focus on the structure of their financing to increase their profitability. Straight and honest material that is clearly discussed without the snake oil of most real estate investment books -