The real estate math handbook : simplified solutions for the real estate investor

286 Pages·2007·3.65 MB·English

THE REAL ESTATE MATH
HANDBOOK
Simplified Solutions for the Real
Estate Investor
Jamaine Burrell
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THE REAL ESTATE MATH HANDBOOK: SIMPLIFIED SOLUTIONS FOR THE REAL ESTATE
INVESTOR
Copyright © 2007 by Atlantic Publishing Group, Inc.
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ISBN-13: 978-0-910627-07-8 ISBN-10: 0910627-07-X
Burrell, Jamaine, 1958—
The real estate math handbook : simplified solutions for the real estate investor / by Jamaine
Burrell.
p. cm.
ISBN-13: 978-0-910627-07-8 (alk. paper)
ISBN-10: 0910627-07-X (alk. paper)
1. Real estate investment--Mathematics. 2. Investments--Mathematics. 3. Business mathematics.
I. Title.
HD1382.5.B86 2007
332.63’2401513--dc22
2007028926
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Foreword
Ken Lee
The Real Estate Math Handbook, which can be used for real estate, finance, and
investing, may call on your left brain to apply a bit of old-fashioned sweat
equity. But this is not a doctorate-level math book that will enable you to
calculate the velocity of your spinning head. This book is quite pragmatic. With
the knowledge obtained from all or even part of this book, readers can rest
assured they have invested in sound principles and old-fashioned, practical math
know-how.
Consumer interest in real estate, finance, and investing continues to grow due in
large part to a general level of past success by many consumers and a concern
about what lies ahead. For some who played the game with blind aggression,
fortunes were created by simply participating in past real estate and stock market
gold rushes.
That is all about to change … again. As newer, tougher markets cast aside blind
participants, savvy investors gear up for pending opportunities by embracing a
foundation of knowledge. The practiced investor understands that knowledge is
an investment that will pay handsomely while carrying little risk. Yet seeking
the right knowledge requires care. There is plenty of sound information
available, but it is often mixed with instant remedies for our millionaire status
shortfall, as hawked by a plethora of gold rush information vendors.
If you are seeking a spiritual swami to give you permission to attract multiple
streams of income, a life coach to redefine the meaning of wealth, or an
infomercial guru to help flip your investments like hotcakes, you will find one.
But not on planet Earth. Here, maybe all you need or want is a little edge in
knowledge, influence, and enlightenment as markets tighten. The Real Estate
Math Handbook is a well-rounded resource book based on truths, not
philosophies – that is math. The book is written in layers and organized well
enough to be an accompaniment to a college level course in real estate or
investing. It is also a fabulous reference book and an essential tool for one’s
ongoing journey of financial understanding.
Ken Lee is a top-producing real estate broker in Southern California, real estate
investor, and small business coach. He holds a Bachelor of Science degree in
Materials Engineering from the University of Pennsylvania and an MBA from
Carnegie Mellon University.
Contact Information:
Ken Lee
661-644-3967
[email protected]
Table of Contents
CONTENTS
Introduction
Chapter 1: Basic Mathematics
Chapter 2: Rate of Interest
Chapter 3: Investment Mathematics
Chapter 4: Real Estate Mathematics
Chapter 5: Income Property Valuation
Chapter 6: Financing Mathematics
Chapter 7: Excel Functions
Appendices
References
Author Dedication & Biography