Posted on August 7, 2011.
This book covers The Mathematics of time value of money and mortgages by développement Both elegant and easy to follow mathematical models. It Breaches the Gap Between the derivation and application of the Time Value of Money Formula by Exploring common applications in real estate, resource allocation (capital budgeting), and commercial loans. In MOST instances, a concept IS a formula derived and Introduced With The Help Of A timeline diagram has a simple intuitive explanation gold. The general solution IS Immediately Followed By An application CLARIFIED Which was EXACTLY how the Numbers Sometimes Complicated Into the formula. Many in boxes, a slight twist IS Introduced to Enable the reader to learn how to Apply The Formula Actually Rather Than Just plugging in the Numbers.
Logan Coldsmith says...
I am a newbie in the REIT field, I read this book with a view to understand the market better and to understand the basic concepts involved in this field. While I must say I did pick up some basic concepts I don't think I understand the market much better than before. The concepts I did pick up was not being explained in detail by the author but he was using those factors and parameters to explain why market behaved in a particular way during, say, the 1985-1990 period.
Now, this is certainly not the book for the beginner, certainly not the book for somebody who wants to analyze how profitable a REIT would be... the mathematical formulas used in the books might be useful for the ones setting up the REIT, but for others, it's certainly not worth the money.
Posted on August 12, 2011
