The updated edition of the bestselling, essential guide to real estate financial calculations Every real estate investor needs to know how to calculate cash flow, long-term gain, net operating income, and other basic financial formulas. Real estate investment expert Frank Gallinelli has been helping investors understand these important aspects of real estate and navigate the complicated market for decades. The updated, revised third edition of his must-have guide What Every Real Estate Investor Needs to Know About Cash Flow . . . teaches you how to master the 37 most essential calculations that determine property worth, projected profits, and investment potential. The real estate industry has gone through a decade of upheaval, so it is now more important than ever for those who are engaged in it to understand and to apply the timeless financial methods and metrics used by successful investors. This new edition of Gallinelli's bestseller features calculations, figures, charts, tables, and fresh advice on critical aspects of real estate investing. Additionally, an entirely new section on property analysis shows you how to apply calculation-based skills to real-life transactions.

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. Frank Gallinelli is the founder and President of RealData, Inc., one of the real estate industry's leading software firms since 1982. He has written several books and numerous articles on real estate investing, and teaches income-property analysis in Columbia University's Master of Science in Real Estate Development program.

Your complete reference guide to finding, financing, and building a portfolio of exceptional investment properties. "Insider Secrets to Financing Your Real Estate Investments" is today's most comprehensive examination of financing alternatives for real estate investors. From types, terms, and sources of mortgage loans to tips for convincing even the most demanding lender, it provides everything you need to know to overcome one of real estate investing's most important hurdles - getting the money to buy the property. More than that, however, this no-nonsense guidebook supplies you with a wide-ranging introduction to virtually every aspect of real estate investing.Vital topics covered include: strategies for setting your real estate investing parameters, then finding and evaluating properties that meet those parameters; and, what lenders really want to see before they write you that check 'Rules of Thumb'. This book includes dozens of concise action items throughout the book that tell you what you need to know, now. Real estate investing has allowed thousands of average Americans to start with a modest investment and build exceptional, lifelong wealth. But before you can excel, you must learn the basics. "Insider Secrets to Financing Your Real Estate Investments" is a boot camp for real estate investing, revealing what you need to know to succeed, why you need to know it and, most important, how to convince lenders to give you the money to start.