Deliver to Hungary
IFor best experience Get the App
Full description not available
A**I
You have to figure out the calculations!
The book is full of math equations that you can apply to your business needs. But that's the problem ...you have to figure out the equations. You have to do all of the work. These are not calculations that are automatically computed for you once you plug in the numbers. Example: Here is a payback period calculation that is in the book. Instead of typing in a few numbers into a spreadsheet (the kind of calculators I thought I was getting with this book) this is the calculator you are given "DPP=-In{(IR./.C)}./.in(1+R)" Sorry, there are too many places to get automated calculators that make my job easier. If your a math major - have at it! For me, and I assume most of the people interested in this type of information, this book does not provide much help. There are a hand full of computer calculators mentioned in the book but you have to go to the various websites to work them. Save your money, this book is not going to save the average person any time or money.
C**L
Now THIS is the kind of math they should be teaching in school
And I don't just mean high school, but college, too. I majored in business for my undergrad and I can honestly say, hardly any of that education was as practically useful in terms of understanding finances as the information in this book. (Obviously a business major is different than studying real estate investment specifically, but the concepts are actually very similar and I think now, after reading "50 Calculations" that it should be included in the curriculum.)In addition to thorough and mostly easy-to-understand explanations about the various calculations necessary to track your own investment performance, the author provides the websites of several online "calculators" that will do some of the more involved calculations for you. I say "websites" and not "links" because in my ebook, the links were not active. This is certainly only an inconvenience, but considering the ease of activating links in digital media, I'm not sure why the author made this choice to not complete the process.Overall, what I took from this book is that the laws really are set up to encourage real estate investment. If you have money, you can make more money through real estate--not by good fortune but by tax-policy design. And the other thing is that if I ever do get into this business, I will be hiring a real estate tax specialist to advise me on sale/retenion of various properties and fill out my tax forms.
J**H
A shamelessly awful book
There is a reason there was virtually no preview to this book because even a cursory review would have revealed its true nature. The book says it's 190 pages. But given its large typeface and gaps between paragraphs and sections, I'd say its real length is about 70 pages. As for the content, the categories were good, but not the content within the categories, which seemed to be cut and pasted from other sources that I'm not sure the author even really understood let alone had the capacity to explain in a helpful way. In buying this book, I was far too gullible in accepting the positive reviews at face value.I bought this book for my young adult son because I thought it would help him learn to think through whether he should invest in a particular property. But the book is such an embarrassment--it reflects so poorly on my own judgment in buying it--that I won't give it to him and thus embarrass myself.
C**R
Not for the newbie
This book had quite a lot of information and I found it very informative. But the problem I ran into was that it became overwhelming, especially since I don't know that much about real estate investing (but have been trying to learn about it because of interest). The math was very complicated to follow. BUT I could see the benefit in understanding the equations and how useful they are. The math wasn't some random calculations but actually had a direct relationship with real estate and was very helpful once you took the time to figure it out. This is a great reference book that I will probably come back to but is definitely a book for someone who is really good at math and has some knowledge of real estate already.
E**R
If you invest in real estate, buy this book!
Every real estate investor needs to own a copy of this book. You will feel more confident investing in new properties after you have done these equations.You will look at your property in ways you probably have not thought of before, and you will have a better idea of what an investment property will cost you in the long run and what your earnings will be. You will be able to plan for the future and have better control over your money. You might even gain the upper hand over a competing investor.Calculating everything from Net Worth to Capital Expenses is covered. Appreciation, depreciation, interest, gains, taxes, and more are all explained in great detail.Yes, it's a lot of math problems, but they are all essential. Most of them are not hard, and there are links provided to online calculators that will help with the math.ConsIt's just too easy to create a downloadable spreadsheet, or website, that would allow us to go to one place and try out these calculations for ourselves to not mention the lack of one in a review.There are links to very capable third party calculators with every calculation, but a dedicated companion to this book would make it even more helpful while making it easier and more fun to use.In my reader, the links did not work, which left me typing in long web addresses.
A**J
This book offers amazing tools for those interested in Real Estate Investment!
Michael Lantrip offers an intricate look into the reality of real estate investment calculations. Regardless of your comprehension of them, these formulas affect you whether you own or desire to own any real estate investment. You can use this book as a great reference tool for numbers you are figuring out in your current or potential investments.As a non-finance person, this book was not an easy read for me. A lot of the terminology was new. The content seemed to circle back often. It felt repetitive at times. For a beginner like me, a Table of Contents would have been helpful! Michael Lantrip's knowledge is extensive. I respect how thorough he covered numerous aspects every investor will face. As a new investor myself, I will employ the formulas to support my future investment decisions!
C**I
Informative book
Michael Lantrip’s “50 real estate investing calculations” is a detailed explanation of calculations that are helpful to make decisions in certain business situations. I was unaware of the meanings of several of the terms that were mentioned but all the key terms were well defined. I found the depth of detail of the calculations overwhelming. I think that this book could be a useful guide for individuals that are looking to learn more about investments.
R**D
Total rip off
This book is written for children. All of the calculation are common sense and even spelling and grammar mistakes throughout. The first equation is appreciations as defined by how much your property has increased in value divided by what you paid for it. My investment in this book was 1921 yen and I think it is worth zero yen so my return on investment is zero.
Trustpilot
1 week ago
3 weeks ago