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THE REAL ESTATE INVESTOR'S POCKET CALCULATOR THOMSETT

THE REAL ESTATE INVESTOR'S POCKET CALCULATOR By THOMSETT

THE REAL ESTATE INVESTOR'S POCKET CALCULATOR by THOMSETT


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Summary

Your next real estate investment doesn't have to be so risky. Learn how to crunch the right numbers before you commit capital.

THE REAL ESTATE INVESTOR'S POCKET CALCULATOR Summary

THE REAL ESTATE INVESTOR'S POCKET CALCULATOR by THOMSETT

With real estate investing on the rebound, more and more people are jumping into the market. But not everyone is finding equal amounts of success. Why do some investments turn into gold mines and some into money pits? Oftentimes, the return on investment hinges less on the physical property and more on the math. If they had taken the right measures beforehand, they would've realized that the numbers just didn't add up. Before your next real estate investment, you need to ask things like: Have you measured every component of value, such as cash flow, income taxes, financing, and investment yield? Do you know which calculations to use on specific properties? Have you weighed all the risks? The Real Estate Investor's Pocket Calculator helps you analyze the financial picture before shoveling out the money. Simple explanations, worksheets, and more than 100 Excel formulas will have you crunching numbers like a pro. Just like the professionals, you will learn how to:* Gauge supply and demand* Project return on investment and equity* Analyze present and future value* Calculate cash flow* Make accurate tax projections* And more--before you commit capital!Fewer mistakes and less guess work. Larger returns and even more opportunities for additional investments . . . It's all possible now with the help of this invaluable resource!

About THOMSETT

MICHAEL C. THOMSETT is a financial writer whose books include Getting Started in Options and Getting Started in Real Estate Investing. An experienced investor, he has successfully owned and managed as many as 12 properties at a time.

Table of Contents

Contents

Introduction: Beyond the Basic Calculation vii

CHAPTER 1 Valuation of Property: The Starting Point 1

CHAPTER 2 How the Numbers Are Manipulated in Appraisals 29

CHAPTER 3 Your Mortgage: The Real Cost of Buying Property 47

CHAPTER 4 Investment Calculations: What Is Your Yield? 79

CHAPTER 5 The Lease Option: The Leveraged Approach 99

CHAPTER 6 Rental Income: Cash Flow Essentials 109

CHAPTER 7 Investment Alternatives: Equity and Debt 125

CHAPTER 8 Bookkeeping and Financial Statements: Debits, Credits, and More 139

CHAPTER 9 Prorated Values in Finance and Taxes: Important Guidelines 161

CHAPTER 10 Escrow and Closing: Getting Both Sides in Balance 179

CHAPTER 11 Tax Calculations in Real Estate: Reporting Rules 195

CHAPTER 12 Land, Lot, and Building Measurements: Calculating Down to the Foot 211

APPENDIX A Conversion: Simple Rules, Easy Answers 233

APPENDIX B Real Estate Formulas: Summarizing the Essentials 238

APPENDIX C Excel Formulas: Simplifying the Calculations 248

APPENDIX D Amortization Tables: Monthly Payments 256

APPENDIX E Remaining Balance Tables: What Is Left to Pay 258

Glossary 263

Index 271

Additional information

NLS9780814438893
9780814438893
081443889X
THE REAL ESTATE INVESTOR'S POCKET CALCULATOR by THOMSETT
New
Paperback
HarperCollins Focus
20171005
288
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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