Investment Real Estate: Finance And Asset Management
by Fred Prassas /
2013 / English / EPUB
20.6 MB Download
Investment Real Estate: Finance and Asset Management differs from
other real estate investment and financial analysis publications by
focusing on the real estate manager's role to ensure that the real
estate management company's clients realize their investment goals
for any given property. Real estate managers today are more than
property overseers who must manage the day-to-day operations of
their clients' properties-they are often asset managers. This book
provides insight into the real estate management company and
manager's role in the financial analysis and asset management of a
property. It also provides an inside look into the details of how
to budget, forecast, and analyze cash flow. Even if some real
estate managers are not actively performing the financial analysis
and management of a portfolio of investment real estate, they must
have a basic understanding of the impact that various decisions
about a property have on the cash flow and value of a property.
Today, owners have high expectations of their real estate
management professionals. A strong knowledge of finance is an
advantage that can enhance a real estate manager's relationships
with clients and the professionals that turn to them for their
expertise. Real estate managers play a key role in preserving and
enhancing the earning power of a real estate investment, and
ultimately the investment's value. Experience, knowledge, and
skills that are kept up to date are critical to being competitive
and respected. "How you perform as a real estate manager-NOI
increases, vacancy decreases, and really looking at your budget
fundamentals-has a direct impact on the value of your property. I
would rather take a mediocre property and a top notch manager
(preferably a CPM) than a top notch property and a mediocre manager
any day." -John D. Clayton, CPM, Little Rock, Arkansas
Investment Real Estate: Finance and Asset Management differs from
other real estate investment and financial analysis publications by
focusing on the real estate manager's role to ensure that the real
estate management company's clients realize their investment goals
for any given property. Real estate managers today are more than
property overseers who must manage the day-to-day operations of
their clients' properties-they are often asset managers. This book
provides insight into the real estate management company and
manager's role in the financial analysis and asset management of a
property. It also provides an inside look into the details of how
to budget, forecast, and analyze cash flow. Even if some real
estate managers are not actively performing the financial analysis
and management of a portfolio of investment real estate, they must
have a basic understanding of the impact that various decisions
about a property have on the cash flow and value of a property.
Today, owners have high expectations of their real estate
management professionals. A strong knowledge of finance is an
advantage that can enhance a real estate manager's relationships
with clients and the professionals that turn to them for their
expertise. Real estate managers play a key role in preserving and
enhancing the earning power of a real estate investment, and
ultimately the investment's value. Experience, knowledge, and
skills that are kept up to date are critical to being competitive
and respected. "How you perform as a real estate manager-NOI
increases, vacancy decreases, and really looking at your budget
fundamentals-has a direct impact on the value of your property. I
would rather take a mediocre property and a top notch manager
(preferably a CPM) than a top notch property and a mediocre manager
any day." -John D. Clayton, CPM, Little Rock, Arkansas
