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As the end of summer approaches, we've been working on our
own version of back-to-school for real estate investors. This
month's RealData Dispatch is all about educational resources
and content: New articles and videos, and an encore for our
popular book promo.
5
More Rules of Thumb for Real Estate Investors
In a previous article – 6
Rules of Thumb for Every Real Estate Investor – I
offered some guidance that might reasonably be held dear by
every income-property investor. Woe to him or to her who doesn't
take a property's vital signs, such as Debt Coverage Ratio,
Loan-to-Value, or Cap Rate, to heart before making an investment
decision.
Hidden below these very objective measures, however, is a
sub-stratum of more subjective issues to consider when you
invest. It would be a stretch to suggest that these considerations
apply to every investor or to every situation. Your mileage
may vary. Still, these are issues that should be worthy of
your attention whenever you invest in real estate.
Read
the rest of this artice here...
Educational
Videos
RealData founder Frank Gallinelli teaches real estate finance
at the Columbia grad school, as well as investment analysis
in public and professional seminars. For the benefit of visitors
to realdata.com
we will be posting a series of videos from some of his public
classes. Two
video clips are available now for you to view.
In the first segment, Frank talks about due diligence for
real estate investors; in the second he discusses the basic
and essential terminology that every income-property investor
needs to know. He then shows how those terms are used to build
the real estate equivalent of a Profit and Loss Statement,
called the Annual Property Operating Data (APOD) form.
Be sure to come back often to catch new clips as they become
available. If you would like to discuss having Frank address
or teach a seminar to your group, contact him directly via
email at seminar.realdata@gmail.com.
Recovering
from the Finanical Crisis
We're featuring what we think is an
exceptionally lucid article by Federal Reserve V.P. and
senior policy advisor John Duca. He discusses the four key
“shocks” suffered by the U.S. economy during the
financial crisis: As he states quite succinctly, “Home
construction plunged, wealth fell, credit standards tightened
and financial markets seized up.”
He discusses the relationship between home construction and
GDP, housing’s wealth effect, and the availability of
credit; and concludes with a balanced assessment of what may
lie ahead for both the U.S. and global economies. He cites
indicators that point to recovery, but tempers those with
a discussion of the downside risks that remain.
There are enough stats and charts here to satisfy number
crunchers like us, but the prose is clear and readable enough
to stand on its own.
We think this is material that anyone in real estate, construction
or mortgage finance should read.
Get
a Signed Copy of Mastering Real Estate Investment...
Free
RealData founder Frank Gallinelli's first book, What Every
Real Estate Investor Needs to Know About Cash Flow...,
has been one of the top-selling real estate books since its
release in 2004. He has written a popular sequel, Mastering
Real Estate Investment: Examples, Metrics and Case Studies.
Last year we offered a promotion with this book, and since
this is an all-education edition of the Dispatch, we're repeating
it now.
Here's the deal: Between now and September 1, purchase any
RealData software for $100 or more and we'll send you a free,
signed copy of Frank Gallinelli's latest book, Mastering
Real Estate Investment.
You can buy this book from Amazon or barnesandnoble.com.
Or you can get a signed copy at no charge if you purchase
any RealData software product of $100 or more. More good news:
When you place your software order, we'll ship your book via
USPS (under separate cover) also at no charge.
You can get more info about this and
Frank's other books on our website. You'll also find links
directly to the Amazon page for each book.
Speaking
of Books...
Visit the RealData
Bookstore, where we have a hand-picked selection of books
for real estate investors, developers, and agent.
Reminder:
Free Shipping on RealData Software
We're continuing our offer of free USPS first-class shipping
on any software order over $50. For details, check our blog.
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