economics

The Real Estate Game is well written, using simple easy to understand terms. It's a must read for the professional, the amateur, the investor and anyone else thinking of buying and selling either commercial or residential property. Most enjoyable is the view of the real estate process from all angles. You get to see how all those involved, the buyer, seller, contractor, manager, attorney and lender fit into the picture. The real life examples and case studies help explain what can be very complicated situations. As primarily a residential realtor I gained new insight into the commercial end of the field. It always amazes me how the entrepreneurs in real estate often took great chances on a hunch that what were bargain basement deals would eventually turn into gems. The stories about these men and women are particularly fascinating. The authors, Poorvu and Cruikshank, offer a world of advice and first-hand knowledge to anyone involved in any way in Real estate. This should be required reading for all brokers, realtors and advisors to anyone getting into the real estate game.

First, no one real estate book is going to give you all the information you need. You have to buy a couple for reference and instruction. Second, there are two general types of real estate books on the market: the hype "real estate made me rich books and the practical, formula driven books for the professions. The book takes about 20-30/70-80 ratio between the two extremes. If you know that people are making money in real estate and need to kn0ow how you want a more practical book. This strikes a nice balance without being too dry. The writer is graduate business real estate professor who uses real life examples (case studies) to teach. The book is full of them and they are interesting without being dry and academic. Furthermore, this book shows you the meat and potatos: how to do the (simple) math to see if the property is good investment!! If you are looking at real estate, you don't need a book telling the somehow, somewhere people are making money in real estate! I don't care how much others are making. How can I get started. Yes, the book does focus on larger transactions. But remember, the principles are the same. Just the scale is different. I have brought seven copies of this book for my friends a family. I recommond two books:this one and William Pivar's book Real Estate Investing A to Z(more catergory one) for the more fluff and chatty background. Buy this book for more of the practical. Just two books and you are well on your way. And no, I am not a former student of the author.

The vast majority of real estate investment books to be found in the Barnes & Noble investment section offer variations of Mark Twain's stock market advice: "making money in stocks is easy. Only buy a stock if it goes up; if it doesn't go up, don't buy it." By contrast, Poorvu walks readers through myriad real estate investment situations, fleshing out the risks and rewards, and the mindsets of the various players. While written in an anecdotal style replete with real-life examples, the book also presents an encyclopedic overview of investment opportunities (direct, REIT, syndicates, etc.) and asset categories (residential, commercial, industrial, etc.). This is a real estate investment book written by an adult, for adults -- in contrast to all the other get-rich-quick-no-money-down titles targeting gullible novices.