Tag Archives: real estate investors

Ten Commandments for Real Estate Investors: Commandment #9

Commandment #9:  Thou shalt not expect something for nothing. “There is no such thing as a free lunch.” “If it looks too good to be true…, etc.” You have heard these truisms many times. I’ve reserved a place of honor … Continue reading

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Ten Commandments for Real Estate Investors: Commandment #8

… Investors generally possess an independent and entrepreneurial spirit, so it is not surprising that they are at times reluctant to rely on brokers or lawyers to handle matters that they believe they can manage on their own – and at a lesser cost. Indeed, there are some situations you can take care of yourself, while others are best left to specialists. The trick is recognizing the difference. Continue reading

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Ten Commandments for Real Estate Investors: Commandment #5

If property owners and managers could adopt one rule as golden, it should be this: “Treat your property as you would have your tenants treat it.” You really can’t expect your tenants to show greater concern about the welfare of your property than you yourself show. If you set high standards for yourself as the owner, then you set the tone for everyone and should be entitled to expect that your tenants will meet those same standards of care. Continue reading

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Ten Commandments for Real Estate Investors: Commandment #3

Commandment #3: Thou shalt invest for the long term. I have no problem with the idea of getting rich quickly. If you can do it, ethically, legally and honorably, then please go right ahead. However, there are a number of … Continue reading

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Ten Commandments for Real Estate Investors: Commandment #1

Ten Commandments for Real Estate Investors: Commandment #1 Thou shalt take nothing for granted. There is a witticism attributed to American humorist Finley Peter Dunne, “You trust your mother but you cut the cards.” In real estate, of course, the parallel concept is due diligence. If you assume that things are as they appear and if you fail to vet your potential deals independently, you’re setting yourself up for unwelcome and expensive surprises. Continue reading

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Frank Gallinelli to Speak at BiggerPockets Real Estate Investing Summit and Expo, March 23-24, 2012

BiggerPockets — an 85,000-member community of real estate investors — is having its first Real Estate Investing Summit in Denver, March 2012, and has invited Frank Gallinelli as a featured speaker. Frank is the founder of RealData Software and the … Continue reading

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Refi Existing Investment Property to Purchase Another?

One of our Facebook fans, Tony Margiotta, posed this question, which I’m happy to try my hand at answering here: “Could you talk about refinancing an income property in order to purchase a second income property? I’m trying to understand … Continue reading

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5 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 … Continue reading

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For 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 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.” Continue reading

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New Mac-Compatible Releases of RealData Software

We’ve supported the Macintosh with Excel-based products since the Mac first came out in 1984.  (In fact, way back then we received an award as one of “100 Most Important Companies on the Macintosh.”) But a few years ago, Microsoft … Continue reading

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