Tag Archives: real estate

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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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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Real estate finance and investment education

A number of colleges and universities have been using my books as well as my company’s Real Estate Investment Analysis software for instructional purposes in their classes on real estate finance and investment (as have I at Columbia). The “Express … Continue reading

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Six Rules of Thumb for Every Real Estate Investor

Whether you’re scrutinizing a piece of property you already own, one you want to sell, or one you may choose to buy or develop, you need to master the metrics. The numbers always matter. Here are six basic rules to keep in mind. Continue reading

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Real Estate Partnerships and Preferred Return

Q. Can you explain more about how preferred return works in a real estate partnership? Does it always have to go only to the limited partner or non-managing partner? A. The first point to make about real estate partnerships – … Continue reading

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Investing in Real Estate: Should You Buy Residential or Commercial Property?

We hear this often: “What’s the smarter move? Residential or commercial investment property?” It should come as no surprise that there isn’t a one-word answer to this question. You’ll arrive at your best choice – the one that maximizes your chances for success – by working through a decision process that includes some “global” issues, some local and some that are entirely personal. Continue reading

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Making the Case for Your Commercial Refinance, Part 2

In Part 1 of this article, you learned what information you need to assemble to get started with the process of refinancing your commercial property — information about your property’s income, expenses and loan balance, and about the prevailing cap … Continue reading

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Making the Case for Your Commercial Refinance, Part 1

Since we released the original version of our Real Estate Investment Analysis software in 1982, our focus has been on pro forma financial analysis of real estate investments and of development properties – projecting the numbers out over time to … Continue reading

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Cash Flow Analysis — Annual or Monthly?

A reader of one of my books wrote to me recently with a very worthwhile question.  When we build a pro-forma analysis of future cash flows from a real estate investment, why do we annualize those cash flows instead dealing … Continue reading

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New investment analysis service — and data form

If you subscribe to our e-newsletter, the RealData Dispatch, then you know that we just launched a new service where we will run a property analysis for you, using your data and our software. All you do is download a … Continue reading

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