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Title: Sound information. Good for experienced or beginners.
Review: This is a good book with lots of good information. The book is great for persons without any knowledge of commercial real estate and is a good reference book for persons with experience in commercial real estate.It is worth noting, however, that the much of the author's experience with investment real estate seemed to be during the 1970's decade. During that period of time there was hyper inflation in the real estate market. Often values and prices paid for real estate did not make much sense.Some of the examples in the book refer to properties indicated to be worth several million dollars - and not exactly what you would call a small investment property.However, the financial scenarios in this book are based on reasonably sound financial and economic theory. And the reasoning for the mathematical financial calculations seem to be fairly sound.The book is a good buy for the price.<...
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