Real Estate Investment A Value Based Approach
This book fills a gap in the existing resources available to students and professionals requiring an academically rigorous, but practically orientated source of knowledge about real estate finance. Written by a bank vice-president who for many years has p
- PDF / 7,396,604 Bytes
- 309 Pages / 439.37 x 666.142 pts Page_size
- 90 Downloads / 385 Views
For further volumes: http://www.springer.com/series/10099
Illustration by Susan Resko
As you walk about town real estate investment opportunities abound!
G. Jason Goddard • Bill Marcum
Real Estate Investment A Value Based Approach
Prof. G. Jason Goddard Wells Fargo Investor Real Estate Winston-Salem, NC, USA
Prof. Bill Marcum Wake Forest University Wake Forest Road Winston-Salem, NC, USA
Additional material to this book can be downloaded from http://extra.springer.com. ISSN 2192-4333 e-ISSN 2192-4341 ISBN 978-3-642-23526-9 e-ISBN 978-3-642-23527-6 DOI 10.1007/978-3-642-23527-6 Springer Heidelberg Dordrecht London New York Library of Congress Control Number: 2012935227 # Springer-Verlag Berlin Heidelberg 2012 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Preface
Our inspiration for writing this book is our students. After teaching real estate finance courses for the last few years, students have complained that the text books that were being used were not up to the standards of the rest of the course. The authors contend that there is a gap in the existing publications for real estate finance. Currently there are two types of real estate books on the market: the first is highly academic with little practical relevance, the second is highly practical with little of the academic rigor that is required to truly understand the fundamentals of making a sound real estate investment decision. The first type of existing real estate publication is a lengthy textbook that reads like a dictionary of terms with mathematical problems for use in a college setting. These books are typically very lengthy, and educators have to pick and choose the chapters that they plan to cover in a given semester. Covering the entire book is usually not possible during a traditional 16 week semester. Additionally, these books are usually written with residential real estate as the primary objective. Commercial real estate is often left for the chapters in the second half of the book. For classes geared toward commercial real estate, the text books available in the marketplace today do not allow for a smooth transition from topic to topic, as stude
Data Loading...
