Vallejo, CA (PRWEB) October 1, 2008
The Real Estate Investment Press has published the New Edition of Real Numbers - Analyzing Income Property for a Profitable Investment (ISBN: 978-1-886907-00-3) by author Joseph T. Sinclair. The original edition, written for real estate professionals, was published by Richard D. Irwin Inc. in 1993. Sinclair has edited the New Edition extensively to make it easy for ordinary investors to understand, but the content remains essentially the same.
It's a classic book because it's the only book in print that thoroughly (480 pages) covers the classic method for analyzing real estate investments, a method now almost a century old and used worldwide. The original edition (list price $65) now out of print has been offered for sale by used bookstores online routinely for as much as $145. Consequently, Sinclair decided to publish a New Edition.
The New Edition provides comprehensive coverage of income and expenses, taxable income, cash flow, and sale proceeds. The first 27 chapters of the book correlate to the 27 line items in the standard analysis for the convenience of investors. In addition, the book explains discounted cash flow analysis (time value of money), net present value, internal rate of return, and a host of real estate investment indicators such as capitalization rate, equity dividend rate, and underwriting analysis. It presents five comprehensive property analyses as examples.
The publication date is October 15, 2008. The book is available now for review in PDF form at Real Estate Investment Center dot Com. The price for the printed version is $79.95. The PDF version is free.
Real Estate Investment Press is an imprint of Caithness Multimedia Publishing. The author has over 25 years experience in real estate investment brokerage, commercial real estate, property management, asset management, consulting, RTC and FDIC contracting regarding real estate assets, university instruction, professional seminar instruction, and writing as well as personal investing. His experience includes small properties as well as large.