On 2008-12-02 Victor L. Nazaire, Ontario, Canada wrote: Real Estate Math Demystified by Steven P. Mooney will help prepare you to do an ANALYSIS of your real estate investment.
The author , a university profesor with a doctorate, used to be a real estate agent, a real estate broker, and a real estate student/investor.
Right in the preface,before page 1, he says ´ ...find a great place, some paper, a pencil AND A FINANCIAL CALCULATOR ´
He then goes on in a short description of the FIRST CHAPTER to say ´ the first chapter ... we close the chapter with a brief discussion of the FINANCIAL CALCULATOR and how that WILL BE USED IN FUTURE CHAPTERS.´
Very practical mathematical book, no pure theory.Language easy to understand.. And summed up by saying Good tool to help you ANALYZE your real estate investment .. Currently Real Estate Math Demystified has an overall rating of 6 over 10.
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McGraw-Hill claimed Real estate math ESSENTIALS that really ADD up! Interested in becoming a real estate agent but you´re not a math whiz? Are you a real estate investor looking for investment analysis techniques? No problem! Understand and handle real estate transactions and analysis with confidence using this well-organized guide. Real Estate Math Demystified will provide you with the knowledge to analyze real estate from a variety of perspectives, including that of the buyer, seller, lender, and appraiser.You´ll start with an overview of basic math principles to refresh your memory and improve your overall math proficiency. More challenging material will help you obtain your broker´s license and prepare for actual real estate practice and investment. Other topics covered include commissions, mortgages, calculations, appreciation and depreciation, property taxes, appraisal methods, and much more. This fast and easy guide offers:An explanation of the importance and use of Time Value of MoneyExercises for calculating mortgage paymentsVarious methods for appraising propertyBreakdowns of closing statements from purchase/sale transactionsDiscussions of various lease scenarios and rent typesReal estate investment and cash flow analysisDrawings and tables to enhance understanding of required real estate math calculationsSimple enough for a beginner, but challenging enough for a more advanced student, this book is your shortcut to success in the lucrative field of real estate.
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