50 Real Estate Investing Calculations: Cash Flow, IRR, Value, Profit, Equity, Income, ROI, Depreciation, More
M**.
A great Book for a Newbie
This book will help me in my new career in the area of Math calculations, thank you
E**Y
What I needed in my life right now as a realtor and investor
This book is gold!
E**R
If you invest in real estate, buy this book!
Every real estate investor needs to own a copy of this book. You will feel more confident investing in new properties after you have done these equations.You will look at your property in ways you probably have not thought of before, and you will have a better idea of what an investment property will cost you in the long run and what your earnings will be. You will be able to plan for the future and have better control over your money. You might even gain the upper hand over a competing investor.Calculating everything from Net Worth to Capital Expenses is covered. Appreciation, depreciation, interest, gains, taxes, and more are all explained in great detail.Yes, it's a lot of math problems, but they are all essential. Most of them are not hard, and there are links provided to online calculators that will help with the math.ConsIt's just too easy to create a downloadable spreadsheet, or website, that would allow us to go to one place and try out these calculations for ourselves to not mention the lack of one in a review.There are links to very capable third party calculators with every calculation, but a dedicated companion to this book would make it even more helpful while making it easier and more fun to use.In my reader, the links did not work, which left me typing in long web addresses.
P**S
Recommend
The product arrived on time and in good condition. It works well and has a nice design. The seller was responsive and helpful when I had a question. I would recommend this product and this seller to anyone.
A**N
Great Resource
For both current investors and those looking to invest in rental real estate this is a go to reference book!
Q**L
Good content, redundant material
This book had a lot of useful information, and accomplished exactly what it set out to do. Lantrip says in the beginning the book is not a "how-to" on investment, but an overview of the mechanics of the calculations involved in investing. He meets his goal head on and shares valuable information about different ways to depreciate properties, calculate Basis, and so on. In this it was extremely informative, but the organization of the text was distracting. Chapters were both extremely short and extremely redundant, and instead of combining like chapters on a topic like Equity, they were often spread through the book. Many chapters appeared to have significant amounts of material copied-and-pasted from each other, and each chapter on a topic usually referenced all of the other chapters or sections in which that topic was discussed (which often took several lines of text), so it would have been more helpful to simply include an index at the end of the book. Great information, but the text needs cleaned up a bit.
A**R
Extremely Useful!!
This book provides calculations that are very useful for evaluating properties and balance sheets. It's written in an easy to understand format. I highly recommend it!
C**L
Now THIS is the kind of math they should be teaching in school
And I don't just mean high school, but college, too. I majored in business for my undergrad and I can honestly say, hardly any of that education was as practically useful in terms of understanding finances as the information in this book. (Obviously a business major is different than studying real estate investment specifically, but the concepts are actually very similar and I think now, after reading "50 Calculations" that it should be included in the curriculum.)In addition to thorough and mostly easy-to-understand explanations about the various calculations necessary to track your own investment performance, the author provides the websites of several online "calculators" that will do some of the more involved calculations for you. I say "websites" and not "links" because in my ebook, the links were not active. This is certainly only an inconvenience, but considering the ease of activating links in digital media, I'm not sure why the author made this choice to not complete the process.Overall, what I took from this book is that the laws really are set up to encourage real estate investment. If you have money, you can make more money through real estate--not by good fortune but by tax-policy design. And the other thing is that if I ever do get into this business, I will be hiring a real estate tax specialist to advise me on sale/retenion of various properties and fill out my tax forms.
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