It has been a while since we've sent out our Dispatch, but that doesn't
mean we haven't been busy writing. We have two new articles that we
would like to share with you, content that we hope will help you to
become more effective and successful real estate investors.
Real Estate Investors: A Lesson in Clarity
Recently, I was conducting the last class in my course on real estate
investment analysis that I teach in Columbia’s MSRED program. I had assigned my
55 students a series of case studies (much like those in my book, Mastering Real Estate Investment) and told them to
build financial pro forms and discuss the reasoning behind their
analyses. After reading and commenting on all those analyses, I felt
there was one overarching theme on which I wanted to focus my final
remarks to the troops: The theme was “clarity.”
Trying to reduce a course to a single word might seem unrealistic
(because it is), but I really had more than one angle on the notion of
clarity in mind. Even combined, those notions would not replace the
real content of a course in investment analysis, but they might express
some essential principles that are sine qua non — “without which,
nothing” — for investors. Continue
Mistakes Every Real Estate Investor Should Avoid
In my nearly 30 years of providing analysis software to real estate
investors, and almost a decade of writing books and teaching real
estate finance at Columbia University, I’ve had the opportunity to talk
with thousands of people who were analyzing potential real estate
investments. Some of these people were seasoned professionals, many
were beginners or students, but just about all were highly motivated to
analyze their deals to gain the maximum advantage.
I’ve seen some tremendous creativity in their analyses, but I’ve also
seen some huge missteps. Here are some of the pitfalls you will want to
be sure to avoid.
Continue Reading -->
What You've Learned, and Save 25%
Now that you've read our new articles and recognize how
important it is to produce clear and accurate analyses and
we want to be sure you have the tools to make these best practices
happen. As a followup to those articles, we have a
special discount for our Dispatch subscribers:
For 3 days only,
take 25% off your purchase of RealData software costing $100 or more.
This means you can purchase tools like Real Estate Investment Analysis, Express
Edition, Commercial /
Industrial Development, On Schedule, or Comparative Lease Analysis at
substantial savings. Use these programs to perform focused and reliable
analyses and to create the professional and powerful presentations like
those we describe in our educational content.
HOW TO GET
YOUR 25% DISCOUNT: Just place any software products totalling
$100 or more into your shopping cart. THEN before you check
out, you'll see a very prominent area to enter a promotional
code. Enter 2011education
and press the 'Submit' button. Your cart will update with the
This is an opportunity that you don't want to miss. This promo code is
valid just for three days, October
25-27, 2011, and applies only to purchases of new, full versions
of our software (not upgrades or other services).
Bright Spot for Real Estate Investors
If you're tired of hearing all the doom and gloom about real estate,
and don't want to take dramamine to help you keep your lunch down as
you watch the stock sticker, then there is a "sweet spot" you shouldn't
overlook: The multifamily housing market.
This will come as no surprise to seasoned real estate investors. When
anyone with a pulse can buy (and keep) a house, apartment demand
declines. When the pendulum swings the other way, then all those
potential buyers become renters, and the apartment market soars.
According to a report this month by the U.S. Commerce Department and
HUD, nationwide housing starts rose 15 percent in September, the
biggest gain in residential construction since April of 2010. Looking
behind the numbers reveals that most of that gain came from apartment
construction. This news is consistent with what we've been hearing for
several months about the strength of the multi-family sector.
With demand for apartments strong, this sector should be on your radar.
We noted this in an earlier blog post which we just updated with a comment linking to a Bloomberg
article noting the surge in apartment construction.
Our thanks to all of our new followers on LinkedIn,
If you don't already follow us on one of
these, we hope you'll consider doing so -- they are great for letting
you know immediately when we've discovered some important industry
news, or when we have new content or promotions that we believe you'll
on Social Media
For example, you can go anytime to our Facebook
page and find our education videos and articles. Look for these in
the items listed below our logo, on the left side of the page.
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 real estate investment blog.
a Friend about the RealData Dispatch
If you find our Dispatch newsletter worthwhile, why not tell a friend?
Send them this link to view past issues, or to subscribe: http://realdata.com/newsletter/newsletter.shtml
Your Software Now
Order online to get an
instant download or to have a CD shipped to you. Take
advantage of our free USPS shipping.
Estate Cash Flow Concepts Explained!
Learn by Example
Professional Edition, v15
- - build 1.10
On Schedule, v5
- - build 1.10
Commercial/Industrial Dev v6
- - build 1.06
all build information...
Help? RealData prides itself on its professional (and free) technical