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| ~ Real Estate Investment and Development Software since 1981 ~ | ||||||
Not a bunch of fluff like other real estate books, but hardcore financial analysis , January 15, 2007Reviewer: Keith Lundy This is book that has taught me a great deal about evaluating my investments through reading and understanding financial statements. This is one of the only books that I know of that takes such a mathematical approach. Numbers don't lie. Evaluating financial statements is one area that neophyte investors attempt to ignore, and often with dire results. This book will make reading financial statements seem less of a chore and more of a powerful investing tool. Learn some math for your business, November 10, 2006Reviewer: Jim Huntz "Gamer Man" This is an essential component to any real estate investor and I'll tell you why. Frank teaches you the math, so you can setup metrics on how well your investments are doing, otherwise, you're doing this blind. A good buy. Also a good combination for this book: Investing Without Losing (ISBN 0978834607 NOT on amazn, other stores) Eliminates the Guesswork, October 9, 2006Reviewer: Darin Searcy "Searcy Property Management, LLC" This book provides an essential foundation for real estate analysis and investing. It is true that this book may challenge those who aren't familiar with reading financial statements. But, don't let that disourage you. Be patient and do your best to understand how financials work. Understanding financial statements is a vital skill for any business owner - and a real estate investor is a business owner. Many real estate books focus on motivation and "creative" financing techniques. There is a place for that kind of book but this book does not contain that kind of material. You'll learn that you are not buying a house or building. You are buying an income stream. Understanding the four sources of that income stream and how the stream flows is essential to gaining the most from your investments. Removing the emotion from an investment decision and understanding the numbers will ultimately lead to clearer picture and better real estate deals. I highly recommend this book as a foundation to your real estate education. |
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| ~ Creating Real Estate Investment and Development Software since 1981 ~ |