Real Estate Investment (with CD-ROM) / Edition 7

by John P. Wiedemer, Joseph E. Goeters, J. Edward Graham

Overview

While often combined, this well-known text separates the discussion of real estate investment and finance to focus on the investment factors and risk analysis that determine the evaluation of commercial and residential property. The authors use a concise and practical hands-on approach to explain the factors involved in making wise real estate investments. Using a free evaluation copy of ARGUS software provided on CD, students now gain real-life experience analyzing investment scenarios. ARGUS software is an industry-leading tool for analyzing commercial transactions, market risks, and leasing strategies and helps in calculating investment value and returns. Sample exercises utilizing this software can be found in the instructor's manual. Case studies provide additional real-world experience analyzing and building a real estate investment portfolio. Applicable tax laws and regulations are also discussed.

Product Details

ISBN-13:	9780324784688
Publisher:	Cengage Learning
Publication date:	05/05/2010
Pages:	340
Product dimensions:	7.40(w) x 9.20(h) x 1.00(d)

About the Author

John P. Wiedemer received his degree from Wharton School, University of Pennsylvania. Throuhgout his long and prestigious real estate career, John gained extensive experience in sales, owned businesses, brokered mortgage loans, sold real estate, taught real estate classes and authored numerous books.

Joseph E. Goeters is a CREI, REEA member, professor at Houston Community College, and author of real estate textbooks published by Cengage Learning. Joe holds a Real Estate Broker's License, a BA from the University of Toronto, and MBA from the University of Houston. He has over 22 years teaching experience built on more than three decades of industry experience.

J. Edward Graham, PhD is an Associate Professor of Finance in the Department of Economics and Finance at UNC Wilmington. He has been at UNCW since 1998, having earlier received his doctorate in finance at the University of South Carolina. He received his Bachelor of Science in Commerce at Washington and Lee University in 1978 and his MBA at the University of North Florida in 1979. He began investing in residential, commercial and industrial property in the Jacksonville, Florida area in 1981 and remains active there as an investor, with his home in North Carolina. His academic interests include real estate investment, corporate finance and the stock market. He has published in a number of finance, economics and real estate journals.

Table of Contents

1. Real Estate as an Investment. 2. Land Use Controls. 3. Environmental Constraints. 4. Ownership of Real Property. 5. Legal Documents. 6. Property Taxes and Income Taxes. 7. Special Income Tax Rules Applicable to Real Estate. 8. Single-Family Dwellings and Condominiums. 9. Business Organizations. 10. Financing Real Estate Investments. 11. Tools of Analysis. 12. Comparison Screening. 13. Discount Analysis. 14. Computer-Aided Analysis. 15. Examining Real Property Risk. 16. Marketing Investment Property. Glossary. Index.