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★ Join Our Investor Club ★ https://forms.gle/AEpWgPg7krd8YzPU8Want investment opportunities that align with your goals? At Birch Prosper, our team considers your unique criteria to identify the best opportunities. Let's start the conversation! Just go to: https://calendly.com/birch-prosper/intro-meeting-15-min-clone--Don't miss this episode where guest Wakefield Li and I unpack the benefits to understanding deal analysis and deal structure! --About the guest:Wakefield is the Principal of Meridian Real Estate Partners. He has 11 years of experience in commercial real estate at the institutional level having worked with large firms, such as PwC, CBRE, and Marcus and Millichap. Wakefield has direct industry experience across all major property types including multifamily, industrial, office, and retail. He's been involved in the acquisition, disposition, and asset management of properties valued at several billion dollars. Wakefield's MBA from the USC Marshall School of Business has furthered his capabilities and knowledge in real estate, strategy, and leadership.Connect with Wakefield:Email: wakefield@meridianrepartners.comWebsite: https://meridianrepartners.com/ Episode Highlights:✔️ The impact of the availability of financing on CRE asset classes✔️ The 3 most common valuation/appraisal methodologies used in real estate: (1) cost approach, (2) sales comp approach, (3) income approach✔️ Why forced appreciation is the “secret sauce” behind the multi-family investing industry✔️ Underwriting metrics that characterize the quality of an investment✔️ Common examples of investment waterfall structures
Dave Spooner is a co-founder of Innago, a property management software designed to simplify life for small to mid-sized landlords. He has been involved in the real estate technology space since 2013, working to enhance the way landlords and tenants communicate. In 2018, he purchased his first rental property. He utilizes his experience with entrepreneurship and management to help landlords achieve sustained success. HIGHLIGHTS IN THIS EPISODE: 00:00 - Intro 02:27 - Dave's Background 03:18 - everyreitool.com 06:50 - Getting Started 07:28 - FHA 203k Loan 10:46 - Partnering With Family 12:08 - Innago 14:34 - 1031 Exchange 21:33 - Favorite Success Story and Tips For Success 23:16 - Defining Success 24:45 - Balancing Family, Real Estate, and a 9 to 5 27:04 - Key To Success 28:08 - Advice For Taking Action 30:11 - Dave Recommends 32:10 - Connect With Dave CONNECT WITH OUR GUEST: ig: https://www.instagram.com/innagosoftware/ LinkedIn: https://www.linkedin.com/in/dave-spooner-a9a54762 CONNECT WITH OUR HOST: Nathan Murith https://www.readyforrealestatechecklist.com/start MENTIONED IN THE SHOW: What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli https://amzn.to/3PdHepj Range: Why Generalists Triumph in a Specialized World by David Eptein https://amzn.to/3X6gMQm innago https://everyreitool.com/go/innago ---------------------------------------------------------------------------------------------------------------------------- Follow us on social media @the.gentle.art.of.crushing.itListen, like, subscribe, comment: http://thegentleartofcrushingit.com/
Today's Flash Back Friday Episode is from Episode #224, which originally aired on April 9, 2019. In this episode of the Real Estate Investing for Cash Flow podcast, Kevin talks to real estate investment expert Frank Gallinelli. Frank is a writer and author of the book "What Every Real Estate Investor Needs To Know About Cashflow." He has also served as assistant professor of real estate development at Columbia University and is the founder and president of Real Data, a real estate software firm with a focus on income property and cash flow analysis. Kevin and Frank talk about what metric commercial income property investors should focus on as they're learning and navigating the business. Frank shows how metrics are interconnected and there's something to be learned from approaching things in a linear manner. Frank talks about his software Real Data and gives essential tips and perspectives on real estate metrics that can surely help any real estate investor. Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Today's Flash Back Friday Episode is from Episode #9, which originally aired on February 23, 2014. Frank Gallinelli is a nationally recognized real estate expert, bestselling author of multiple books on the subject of Real Estate, a professor in real estate analysis at the prestigious Columbia University and the founder of Real Data, Inc. – a software solutions provider to real estate investors and developers. In this interview, Frank walks us methodically through the process of how to effectively analyze and evaluate your real estate deals with laser accuracy. And as an added bonus – Frank will be giving away an autographed copy of his bestselling book “What Every Real Estate Investor Needs to Know About Cash Flow” to one very lucky listener. To find out how to enter into the contest, you'll have to listen to our interview with Frank. Learn About Investment and Partnership Opportunities with Kevin and His Team Recommended Resources: Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
Outside of an in-depth understanding of your market, thorough property analysis is key to your real estate investing success. In this episode, Frank Gallinelli, Columbia University professor and author of the best selling book, What Every Real Estate Investor Needs to Know about Cash Flow, clearly explains effective property analysis, as well as identifying which key metrics are most important. For complete show notes go to http://olddawgsreinetwork.com/rental-property-analysis-simplified-2/ IF YOU LIKED THIS PODCAST, we would love if you would go iTunes or Apple Podcasts and Subscribe, Rate & Review our podcast. This will greatly help in sharing this podcast with others seeking to learn.
Frank Gallinelli founded RealData, Inc. (realdata.com) in 1981 to provide analysis software for real estate investors and developers. He is the author of "What Every Real Estate Investor Needs to Know About Cash Flow..." (McGraw-Hill, 2004; 2nd Edition, 2008, 3rd Edition, 2015), "Mastering Real Estate Investment - Examples, Metrics and Case Studies," (RealData, 2008), "10 Commandment for Real Estate Investors," (RealData, 2012) and "Insider Secrets To Financing Your Real Estate Investments" (Mc-Graw-Hill, 2004). In this episode, we talked about how he started in real estate, how real estate analysis and interpreting metrics can help real estate investors, the idea behind the software Realdata, Inc., cap rate, income stream, internal rate of return and cash flow and MANY MORE! Quotes: “Income-producing property is its value to an investor is a function of its ability to cash flow. So if you can increase the cash flow of a property, you can increase the value of the property.” “But if you're an investor, maybe you want to be thinking not about a point in time, but about the long-term building of wealth and have to look at not only the performance of the property currently but what is the potential performance of the property over time.” Resources and Links: https://www.realdata.com/ What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures
The real estate industry can be quite overwhelming, especially when you're presented with data and numbers. If that's your problem, Frank Gallinelli is here for you. Frank is the Founder of Real Data, a real estate software products company for investors who are looking to grow their wealth. In this episode, he talks with Athena […]
The Real Estate CPA podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax dvice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Always consult your own tax, legal, and accounting advisors before engaging in any transaction. -- On today's show, we're joined by Frank Gallinelli, author of the bestselling book "What Every Real Estate Investor Needs To Know About Cash Flow and 36 Other Key Financial Measures" and the founder and president of www.realdata.com, a leading real estate investment software firm. Frank also teaches real estate investment analysis at Columbia University. In this episode, we will discuss investment analysis and key financial metrics real estate investors need to be aware of including NOI, cap rate, cash flow, IRR, and more. Visit the show notes to view Frank's promo code for his video course: https://www.therealestatecpa.com/podcasts/81.-investment-analysis-and-key-metrics-every-real-estate-investor-should-know-with-frank-gallinelli To learn more about The Tax and Legal Summit visit www.taxandlegalsummit.com and use promo code RECPA to get a 50% discount on your ticket! For more education about optimizing your tax position, use this guide as a resource for just about every topic that applies to you as a real estate investor: www.therealestatecpa.com/the-ultimate…te-investors To sign up for our Virtual Workshops visit: www.therealestatecpa.com/virtual-workshop/ Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Like us on Facebook www.facebook.com/realestatecpa/
Outside of an in-depth understanding of your market, thorough property analysis is key to your real estate investing success. In this episode, Frank Gallinelli, Columbia University professor and author of the best selling book, What Every Real Estate Investor Needs to Know about Cash Flow, clearly explains effective property analysis, as well as identifying which key metrics are most important. For complete show notes go to http://olddawgsreinetwork.com/rental-property-analysis-simplified/ IF YOU LIKED THIS PODCAST, we would love if you would go iTunes and Subscribe, Rate & Review our podcast. This will greatly help in sharing this podcast with others seeking to learn.
Jason Hartman and one of the network's Florida market specialists discuss the Jacksonville market and what kind of housing is currently available. The two break down a pro forma for one of the available new construction properties and examine why Florida has become such a hot spot for people fleeing both the East and West coast states. Then we have a segment from Real Data founder and president Frank Gallinelli about financial terminology. It's important when reading pro formas and doing your due diligence that you know what these metrics are. Frank breaks it down so that you're prepared when you go into your next property. Key Takeaways: [4:28] Florida is now drawing people from the East and West coast [6:28] Jacksonville market profile [10:27] Examining a pro forma of one of the new construction properties available in Florida [13:00] There are a couple properties available that you could take advantage of in a 1031 exchange [15:53] People are moving to Jacksonville to be near St Augustine, which is the 2nd busiest place for tourists in Florida behind Disneyworld [18:24] Frank Gallinelli on financial terminology Website: www.JasonHartman.com/Properties www.RealData.com
Jason Hartman and one of the network's Florida market specialists discuss the Jacksonville market and what kind of housing is currently available. The two break down a pro forma for one of the available new construction properties and examine why Florida has become such a hot spot for people fleeing both the East and West coast states. Then we have a segment from Real Data founder and president Frank Gallinelli about financial terminology. It's important when reading pro formas and doing your due diligence that you know what these metrics are. Frank breaks it down so that you're prepared when you go into your next property. Key Takeaways: [4:28] Florida is now drawing people from the East and West coast [6:28] Jacksonville market profile [10:27] Examining a pro forma of one of the new construction properties available in Florida [13:00] There are a couple properties available that you could take advantage of in a 1031 exchange [15:53] People are moving to Jacksonville to be near St Augustine, which is the 2nd busiest place for tourists in Florida behind Disneyworld [18:24] Frank Gallinelli on financial terminology Website: www.JasonHartman.com/Properties www.RealData.com
Jason Hartman and Adam start today's show with some more details about the exciting (and potentially very lucrative) contest that's going on called The Empowered Investor. You could potentially win a $3,000 cruise allowance and 2 tickets to Profits in Paradise! Then Jason plays a clip from Frank Gallinelli where Frank explores two things that real estate investors need to understand, even if you don't use them every day: Net Operating Income and Capitalization Rates. Finally Jason talks with Ray Hespen, co-founder and CEO of Property Meld, about how property owners can proactively close the problem areas that tenants and landlords have in order to retain the tenants longer. Learn how tenants like to be contacted in today's age, why they leave, and how Ray's software may be able to help you. Key Takeaways: [2:46] How to enter the Empowered Investor challenge and win free tickets to Profits in Paradise [5:55] Deadline for submissions is midnight EST, Monday September 23, 2019 [7:35] Frank Gallinelli presentation on Net Operating Income and Capitalization Rates Ray Hespen Interview: [21:33] What issues does Property Meld address to help the tenant? [23:27] Around 1/3 of all non-renewals are due to poor maintenance experiences [29:02] The strongest correlation between maintenance requests and renewals is speed, hands down [31:35] Renters nowadays want to be texted, not called Website: www.JasonHartman.com/Contest www.PropertyMeld.com www.RealData.com
Jason Hartman and Adam start today's show with some more details about the exciting (and potentially very lucrative) contest that's going on called The Empowered Investor. You could potentially win a $3,000 cruise allowance and 2 tickets to Profits in Paradise! Then Jason plays a clip from Frank Gallinelli where Frank explores two things that real estate investors need to understand, even if you don't use them every day: Net Operating Income and Capitalization Rates. Finally Jason talks with Ray Hespen, co-founder and CEO of Property Meld, about how property owners can proactively close the problem areas that tenants and landlords have in order to retain the tenants longer. Learn how tenants like to be contacted in today's age, why they leave, and how Ray's software may be able to help you. Key Takeaways: [2:46] How to enter the Empowered Investor challenge and win free tickets to Profits in Paradise [5:55] Deadline for submissions is midnight EST, Monday September 23, 2019 [7:35] Frank Gallinelli presentation on Net Operating Income and Capitalization Rates Ray Hespen Interview: [21:33] What issues does Property Meld address to help the tenant? [23:27] Around 1/3 of all non-renewals are due to poor maintenance experiences [29:02] The strongest correlation between maintenance requests and renewals is speed, hands down [31:35] Renters nowadays want to be texted, not called Website: www.JasonHartman.com/Contest www.PropertyMeld.com www.RealData.com
Real estate math is simple: add, subtract, multiply, divide. There’s no complex math like trigonometry, algebra or exponents. Frank Gallinelli, Ivy League Professor of Real Estate Development at Columbia University in New York City, joins me to talk real estate numbers. Net Operating Income (NOI) estimates current market value of a property. NOI is rent minus VIMTUM. It does not include Principal and Interest. Your Debt Coverage Ratio (DCR) had better be greater than 1. You typically need a minimum of 1.2 to 1.25 to qualify for a property. Loan-To-Value ratio discussed. Seller “asking price” is almost irrelevant. A property’s current market value is = Annual NOI / Cap Rate. Cap Rate = Annual NOI / Property Price or Value. Internal Rate Of Return (IRR) is more of a total return. Part of it is discounting your future cash flows. This considers your opportunity cost. I give an example of buying a new $20,000 heating system for an apartment building. This resulted in lower heating bills. This increased cash flow (and NOI) by $4,800 annually. Divide this by a 7% Cap Rate = $68,500 value increase. Therefore, a $20K investment both improved cash flow and increased building value by $68,500. I dislike GRM - Gross Rent Multiplier. Franks dislikes CCR - Cash-On-Cash Return. Return On Equity vs. Return From Equity. Don’t get too lost in numbers. No property exists in a vacuum. The vibrancy of the market is more important than the property. Get a 30% discount on Frank Gallinelli’s “Introduction To Real Estate Analysis” video course at learn.realdata.com with Discount Code: SAVE30 __________________ Want more wealth? 1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book 2) Your actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Resources mentioned: Frank Gallinelli’s “Introduction To Real Estate Analysis” video course: learn.realdata.com Use Promo Code SAVE30 for 30% off. GRE’s Tampa Field Trip: RealEstateFieldTrip.com Mortgage Loans: RidgeLendingGroup.com Turnkey Real Estate: NoradaRealEstate.com eQRP: Text “QRP” to 72000 or: TotalControlFinancial.com By texting QRP to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. JWB New Construction Turnkey: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Find Properties: GREturnkey.com Follow us on Instagram: @getricheducation
Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:53] What are the core metrics that real estate investors should be looking at? [6:39] You should try and forecast best case, worst case, and in-between case for your properties [8:02] What is discounted cash flow? [10:36] The holy grail metric is still IRR (Internal Rate of Return) [12:26] A different way to view Return on Equity [15:59] Is there a time where it doesn't make sense to acquire properties? [21:44] Education is absolutely vital to being a good investor Website: www.RealData.com
Jason Hartman and Adam start today's episode detailing the price history of a home in Port St. Lucie, FL. The effects of the financial crisis and the recovery afterward are truly astounding and it gives us an idea of where we might be in the housing recovery. Then Jason has a short clip of Frank Gallinelli's, a friend of the show, describing how to properly evaluate real estate deals to make sure you're getting a good deal. Finally Jason talks with Howard Jennings, Managing Partner at Stateside APM, about how entities can help foreign real estate investors, as well as how those same foreign investors can save themselves money in creating those entities and avoiding double taxation in certain areas. Key Takeaways: [3:23] The incredible price history of a home in Port St. Lucie, FL [8:32] Jason's been involved in somewhere around 10,000 real estate transactions either personally or through his companies [10:26] Frank Gallinelli on How to Evaluate a Real Estate Investment Howard Jennings Interview: [24:18] Do foreign investors need to have entities like an LLC? [27:12] Some states have higher fees than others, and Canada can even tax you twice [31:18] Services provided by Stateside APM [38:45] Nearly every decision in life comes down to instant gratification vs delayed gratification Website: www.StatesideAPM.com www.JasonHartman.com/Properties
Jason Hartman and Adam start today's episode detailing the price history of a home in Port St. Lucie, FL. The effects of the financial crisis and the recovery afterward are truly astounding and it gives us an idea of where we might be in the housing recovery. Then Jason has a short clip of Frank Gallinelli's, a friend of the show, describing how to properly evaluate real estate deals to make sure you're getting a good deal. Finally Jason talks with Howard Jennings, Managing Partner at Stateside APM, about how entities can help foreign real estate investors, as well as how those same foreign investors can save themselves money in creating those entities and avoiding double taxation in certain areas. Key Takeaways: [3:23] The incredible price history of a home in Port St. Lucie, FL [8:32] Jason's been involved in somewhere around 10,000 real estate transactions either personally or through his companies [10:26] Frank Gallinelli on How to Evaluate a Real Estate Investment Howard Jennings Interview: [24:18] Do foreign investors need to have entities like an LLC? [27:12] Some states have higher fees than others, and Canada can even tax you twice [31:18] Services provided by Stateside APM [38:45] Nearly every decision in life comes down to instant gratification vs delayed gratification Website: www.StatesideAPM.com www.JasonHartman.com/Properties
Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:53] What are the core metrics that real estate investors should be looking at? [6:39] You should try and forecast best case, worst case, and in-between case for your properties [8:02] What is discounted cash flow? [10:36] The holy grail metric is still IRR (Internal Rate of Return) [12:26] A different way to view Return on Equity [15:59] Is there a time where it doesn't make sense to acquire properties? [21:44] Education is absolutely vital to being a good investor Website: www.RealData.com
Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:56] What are the core metrics that real estate investors should be looking at? [6:41] You should try and forecast best case, worst case, and in-between case for your properties [8:04] What is discounted cash flow? [10:39] The holy grail metric is still IRR (Internal Rate of Return) [12:28] A different way to view Return on Equity [16:01] Is there a time where it doesn't make sense to acquire properties? [21:46] Education is absolutely vital to being a good investor Website: www.RealData.com www.VentureAllianceMastermind.com
In this episode of the Real Estate Investing for Cash Flow podcast, Kevin talks to real estate investment expert Frank Gallinelli. Frank is a writer and author of the book "What Every Real Estate Investor Needs To Know About Cashflow." He has also served as assistant professor of real estate development at Columbia University and is the founder and president of Real Data, a real estate software firm with a focus on income property and cash flow analysis. Kevin and Frank talk about what metric commercial income property investors should focus on as they’re learning and navigating the business. Frank shows how metrics are interconnected and there’s something to be learned from approaching things in a linear manner. Frank talks about his software Real Data and gives essential tips and perspectives on real estate metrics that can surely help any real estate investor. QUOTES: “When I teach my grad students at Columbia, I always tell them to think of an analysis in a linear way, kind of a step wise fashion where one thing more or less follows from another and so on.” “I would always start with NOI- net operating income because the logical place to begin the analysis of a property is to look at its current, and perhaps projected revenue and operating expenses.” “What’s a good cap rate? Well, there’s no such thing. A good cap rate is just an invention, market cap rate is very much like politics, it’s extremely local and also pertains to a specific property type.” “You’re more likely to encounter unexpected expenses than you’re going to encounter unexpected revenue.” “There’s present value and there’s mid-present value and I can tell you, from having taught this to grad students for fifteen years, that no one in this planet knows what the difference is, really.” HIGHLIGHTS 7:31 How Frank got into the software business 14:40 Frank’s approach to analyzing metrics 19:04 Kevin and Frank talk about cap rates 26:00 Debt service and debt coverage ratio 30:01 Frank gets in depth about the income stream, internal rate of return and cash flow 40:18 Frank’s advice to beginner investors 47:13 What is Real Data? Job Opportunities with my Team: Click Here Recommended Resources: Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar. Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them click here Visit Realdata.com Review and Subscribe
Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [4:30] One of the costliest mistakes Jason has made in his life Frank Gallinelli Interview: [6:23] What are the core metrics that real estate investors should be looking at? [11:09] You should try and forecast best case, worst case, and in-between case for your properties [12:32] What is discounted cash flow? [15:07] The holy grail metric is still IRR (Internal Rate of Return) [16:56] A different way to view Return on Equity [20:29] Is there a time where it doesn't make sense to acquire properties? [26:14] Education is absolutely vital to being a good investor Website: www.JasonHartman.com/Cruise www.RealData.com www.VentureAllianceMastermind.com
Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [4:30] One of the costliest mistakes Jason has made in his life Frank Gallinelli Interview: [6:23] What are the core metrics that real estate investors should be looking at? [11:09] You should try and forecast best case, worst case, and in-between case for your properties [12:32] What is discounted cash flow? [15:07] The holy grail metric is still IRR (Internal Rate of Return) [16:56] A different way to view Return on Equity [20:29] Is there a time where it doesn't make sense to acquire properties? [26:14] Education is absolutely vital to being a good investor Website: www.JasonHartman.com/Cruise www.RealData.com www.VentureAllianceMastermind.com
Download This Awesome Podcast: http://bit.ly/2JgGQFj Happy Multifamily Monday and excited to be on week 4 of lets buy a Multifamily Property! This week we focus on learning the terms so we can become a pro at your craft! So grateful to you for listening! Thank you! If you enjoyed what you've listened to please leave us a five-star review on iTunes , subscribe to our YouTube Channel and like us on FaceBook!!! Your support is AWESOME! Find a full list of episodes at www.yarusiholdings.com. Two great books to use as resources: Frank Gallinelli's Book: What Every Real Estate Investor Needs to Know About Cash Flow! -and- Jake Stenziano and Gino Barbaro's Wheelbarrow Profits See acast.com/privacy for privacy and opt-out information.
You are in for a treat in Episode 7 as real estate investor, income-property analysis software developer, author and Columbia University Asst. Adj. Prof. Frank Gallinelli shares not only his Fave Five metrics every RE investor should know but how 3 other important concepts play into a prudent investor's game plan.
You are in for a treat in Episode 7 as real estate investor, income-property analysis software developer, author and Columbia University Asst. Adj. Prof. Frank Gallinelli shares not only his Fave Five metrics every RE investor should know but how 3 other important concepts play into a prudent investor's game plan.
Today’s Best Ever guest tells you about the importance of evaluating properties based on income streams. Then, he gives you actionable advice for making it happen on your deals. Frank Gallinelli’s real estate background: – Been involved in real estate since early 1970’s – Founder of , a software company that helps investors identify the profit potential of a real estate investment – Author of several books on real estate investing, the earliest of which – – has remained the top-selling real estate books on Amazon since 2004 – Adjunct Assistant Professor of Real Estate Finance at Columbia University for over 11 years
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Vegas.” — Paul Samuelson Many people dream of becoming millionaires, but aren’t sure how to build their fortunes. In this episode, Brian shares what he’s learned on his journey to becoming a millionaire, including the one decision he made when he set out to increase his wealth. You’ll learn why patience pays off, get five tips to help you get started on your journey to becoming a millionaire and receive timeless information that will help you invest in real estate, stocks and bonds, or other investments. Start building your fortune today by listening to this episode. Inspirational quotes from today’s interview: “Compound interest is the eighth wonder of the world. He who understands it, earns it…he who doesn’t, pays it.” — Albert Einstein “A poor person in America is considered rich by world standards.” — Brian Buffini “We’re spending money we don’t have on things we don’t need to impress people we don’t know.” — Brian Buffini “Wall Street is the only place people ride to in a Rolls Royce to get advice from those who take the subway.” — Warren Buffett “Know what you own and know why you own it.” — Peter Lynch “Never stop investing. Never stop improving. Never stop doing something new.” — Bob Parsons “When you focus on one, you can get the other.” — Brian Buffini “Don’t wait to buy real estate, buy real estate and wait.” — Will Rogers “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world.” — Franklin D. Roosevelt “Ninety percent of all millionaires become so from owning real estate. More money has been made in real estate than in all industrial investments combined.” — Andrew Carnegie “Buy land, they’re not making it anymore.” — Mark Twain “The best type of real estate in the world is owned free and clear.” — Brian Buffini “If a man empties his purse into his head, no one can take it from him.” — Benjamin Franklin “You can’t do a good deal with a bad person.” — Warren Buffett “You’re only as good as the people you do business with.” — Brian Buffini “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.” — Anonymous Mentioned in this episode: What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli “Compound interest is the eighth wonder of the world. He who understands it, earns it…he who doesn’t, pays it.” — Albert Einstein “A poor person in America is considered rich by world standards.” — Brian Buffini “We’re spending money we don’t have on things we don’t need to impress people we don’t know.” — Brian Buffini “Wall Street is the only place people ride to in a Rolls Royce to get advice from those who take the subway.” — Warren Buffett “Know what you own and know why you own it.” — Peter Lynch “Never stop investing. Never stop improving. Never stop doing something new.” — Bob Parsons “When you focus on one, you can get the other.” — Brian Buffini “Don’t wait to buy real estate, buy real estate and wait.” — Will Rogers “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world.” — Franklin D. Roosevelt “Ninety percent of all millionaires become so from owning real estate. More money has been made in real estate than in all industrial investments combined.” — Andrew Carnegie “Buy land, they’re not making it anymore.” — Mark Twain “The best type of real estate in the world is owned free and clear.” — Brian Buffini “If a man empties his purse into his head, no one can take it from him.” — Benjamin Franklin “You can’t do a good deal with a bad person.” — Warren Buffett “You’re only as good as the people you do business with.” — Brian Buffini “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.” — Anonymous
The only way to win the real estate investing game is by mastering the numbers. If you’re truly interested in real estate investing then you must first realize that investing in income properties is all about the numbers. It’s about discounted cash flow and rates of return and net operating income and cap rates. If you understand how these and other key concepts work, then you’re on your way to success – and that’s exciting. Our guest, Frank Gallinelli is the author of the best-selling book, “What Every Real Estate Investor Needs to Know About Cash Flow… ” now in its third edition, as well as other books and numerous articles on real estate investing and finance. A graduate of Yale University, he serves as Adjunct Assistant Professor of Real Estate Development at Columbia University. Frank has been involved in real estate for more than 40 years and is the founder president of RealData, a real estate software firm that has provided analysis and presentation tools for investors and developers since 1982. What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures can be purchased on Amazon.com. If you missed last week’s episode, be sure to listen to Increasing Cash-Flow, Deferring Taxes and Reducing Risk using a 1031 Exchange. Enjoy the show! – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here’s how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Learn more about your ad choices. Visit megaphone.fm/adchoices
REIClub.com interviews Frank Gallinelli, a graduate from Yale University, and a adjunct graduate professor for Columbia University. With over 40 years of experience in the commercial space, Frank dives into what real estate investors need to know about getting started in Commercial Real Estate...REIClub.com is a real estate investing educational and community website for real estate investors by real estate investors. We have thousands of real estate articles, investing videos, investor blog posts, and much more. Come check us out!
#70: Our guest teaches real estate investment analysis to graduate students at Columbia University. He wrote the popular book “What Every Real Estate Investor Needs To Know About Cash Flow.” His new video-based course is found at: learn.realdata.com. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:46 Novice investors have awful reasons for why they own rental property. 03:48 Assume that a seller pro forma is a lie. 04:17 Frank Gallinelli interview. 05:28 In RE investing, pretty buildings hardly matter. 10:52 How you evaluate a RE investment’s worthiness. 13:20 Your property is only fourth in importance to you. 14:12 Your income stream. 17:20 Emotions have no place in income property investing. 18:09 Lease structures influence on property values. 20:18 Common mistakes made by novice investors. 24:22 Snow removal, bookkeeping, HVAC maintenance. 28:28 Time value of money. 30:52 How much to offer for an income property. 33:25 Due diligence outside the raw numbers. 36:05 Projecting future property value. 39:45 Why are cap rates different across the U.S.? 43:05 Software to help investors make projections. Resources: RealData.com - Real Estate Investment Software by Frank Gallinelli Learn.RealData.com - Video-based course by Frank Gallinelli What Every RE Investor Needs To Know About Cash Flow - Frank’s popular book InternationalCoffeeFarms.com - Cash-Flowing Panama Coffee Farm parcels where you own the land. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that’s where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone’s home screen! We would be so grateful if you wrote a review! Here’s how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com
Today’s Best Ever guest tells you about the importance of evaluating properties based on income streams. Then, he gives you actionable advice for making it happen on your deals. Tweetable quote: Buy real estate based on future income stream. Frank Gallinelli’s real estate background: - Been involved in real estate since early 1970’s - Founder of , a software company that helps investors identify the profit potential of a real estate investment - Author of several books on real estate investing, the earliest of which – – has remained the top-selling real estate books on Amazon since 2004 - Adjunct Assistant Professor of Real Estate Finance at Columbia University for over 11 years Subscribe in and so you don't miss an episode! Sponsored by: Twenty Four Sound – visit and mention "bestever" for an exclusive 20% discount on your purchase.
Frank Gallinelli is a nationally recognized real estate expert, bestselling author of multiple books on the subject of Real Estate, a professor in real estate analysis at the prestigious Columbia University and the founder of Real Data, Inc. – a software solutions provider to real estate investors and developers. In this interview, Frank walks us methodically through the process of how to effectively analyze and evaluate your real estate deals with laser accuracy. And as an added bonus – Frank will be giving away an autographed copy of his bestselling book “What Every Real Estate Investor Needs to Know About Cash Flow” to one very lucky listener. To find out how to enter into the contest, you’ll have to listen to our interview with Frank. Here's what you'll learn in this interview with Frank: The key financial meausres to accurately avaluate any real estate deal How to gather are necessary market data to make an educated real estate acquisition How to become a "financial detective" and uncover the truth behind what the seller is telling you Wht the time value of money is so important in all real estate decisions And much more... · · ·
Commercial real estate is a powerful way to build and sustain wealth – yet is often feared or misunderstood by real estate investors. Luckily, on today’s podcast, we are excited to have a man who’s professional life is dedicated to teaching investors the ins and outs of commercial real estate investing, Frank Gallinelli. Frank is a best selling author, business owner, and real estate professor who definitely knows his stuff.This interview contains some powerful key metrics, data, and tools you’ll need if you ever plan on investing in anything more than a single family home. This interview, like all of our BiggerPockets Podcasts, is full of real-world, actionable content without all the hype.In This Week’s Podcast We’ll Explore:Why investors shouldn’t necessarily start with residential.When “Location, Location, Location” isn’t the most important.How to use “cap rates” with commercial properties.What a Triple Net Lease is and why it matters.How to use partners to finance investment properties.Lowering your tax assessment by challenging an assessor.Why chasing the “hot market” isn’t the way to build wealth.Why every commercial property is for saleLinks from the ShowRealData.comFrank’s LinkedIn AccountFrank’s BiggerPockets ProfileRealData.com BiggerPockets Company ProfileBiggerPockets SummitDefinitions:Equity PartnerCap RateNet Operating IncomeTriple Net LeaseTweetable Topics“When choosing your real estate path, there’s not a “right” answer – but a “best answer” for each person” Tweet This!“You don’t buy an income property cause it’s pretty; you buy it because it makes money.” Tweet This!“There are no absolutes in anything – especially real estate.” Tweet This!“As a real estate investor, become an expert in your local area.” Tweet This!“Know the vocabulary of your business.” Tweet This!“There is no substitute for Due Diligence.” Tweet This!Books Mentioned in the PodcastThe Big Short: Inside the Doomsday Machine by Michael LewisMastering Real Estate Investment: Examples, Metrics And Case Studies by Frank GallinelliWhat Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures by Frank GallinelliInsider Secrets to Financing Your Real Estate Investments: What Every Real Estate Investor Needs to Know About Finding and Financing Your Next Deal by Frank Gallinelli10 Commandments for Real Estate Investors by Frank Gallinelli – Download It Free!About FrankFrank Gallinelli is a best selling author and the President of RealData Inc, a software firm serving real estate investors and developers since 1982. Frank’s company is designed to help income-property investors analyze investment properties, structure partnerships, and produce presentations to buyers, sellers, lenders and equity partners.