Confessions of a Real Estate Entrepreneur: What It Takes to Win in High-Stakes Commercial Real Estate

Confessions of a Real Estate Entrepreneur: What It Takes to Win in High-Stakes Commercial Real Estate

Confessions of a Real Estate Entrepreneur: What It Takes to Win in High-Stakes Commercial Real Estate

A front row seat into the world of high-stakes commercial real estate investing

“A must-read book … one of the best real estate investment books I have ever read. On my scale of 1 to 10, this unique book rates an off-the-charts 12.” —Robert Bruss

Confessions of a Real Estate Entrepreneur is for the individual who is ready to get serious about investing. Not a rah-rah or get-rich-quick book, this book is for someone who is prepared to think about what he or she wants to accomplish. James Randel provides the how and why.

James Randel has been a successful investor and educator for 25 years. He teaches investing through stories and anecdotes – bringing to the limelight not just his successes (and there are some amazing stories of these) but also his mistakes. His candor is instructive and entertaining.

It is said that “those who can, do, and those who can’t, teach.” James Randel is a rare exception as he is both a highly successful investor as well as an excellent teacher. As said by Jeff Dunne, Vice Chairman of the largest real estate company in the world, CB Richard Ellis:

“I’ve tracked Jimmy’s incredible run of successful real estate investments for 20 years and more recently invested very profitably with him. His new book is a must read for anyone interested in real estate investing.”

If you are tired of the “same old, same old” and prepared to play in the big leagues, this book is calling your name. (20061208)

List Price: $ 21.95

Price: $ 11.06

Mastering Real Estate Investment: Examples, Metrics And Case Studies

Mastering Real Estate Investment: Examples, Metrics And Case Studies

  • ISBN13: 9780981813806
  • Condition: New
  • Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

By the author of the bestselling guide, “What Every Real Estate Investor Needs to Know about Cash Flow… ” (McGraw-Hill, 2004) Develop a command of the essential formulas and concepts that underlie income-property investing: * Capitalization Rate * Net Operating Income * Present Value * Debt Coverage Ratio * Internal Rate of Return and much more Here Gallinelli revisits the 37 key metrics from his “Cash Flow” book and guides you through examples that will lead you to mastery of those concepts. He then takes you beyond those formulas to the next level, with detailed case studies of four different properties: * Single-Family Rental * Renovation Project * Apartment Building * Strip Shopping Center You’ll analyze these properties with him and learn to look behind the numbers, to think like a successful investor and to recognize both the opportunities and the perils you might encounter when you invest in real estate.

List Price: $ 21.95

Price: $ 13.56

6 comments

  • Glenn D. Mcdonald "gmcdonald"
    32 of 33 people found the following review helpful
    5.0 out of 5 stars
    Great book for begining and intermediate investors, August 14, 2006
    By 
    Glenn D. Mcdonald “gmcdonald” (New York, NY USA) –
    (REAL NAME)
      

    This review is from: Confessions of a Real Estate Entrepreneur: What It Takes to Win in High-Stakes Commercial Real Estate (Paperback)

    I have over 100 RE books in my library and I would rank this in the top 5. It’s very different from most books you will read – how many authors admit to, and document their mistakes? I have a Master’s in RE, done some development projects and I still learned alot from this book.

    Note: It’s not a book for a pure beginner. For them I recommend one of the non-no money down books to learn the basics of LTV, cap rates, etc. Then study this book over and over.

    Doing that will save you years in your real estate education. It’s cost me over $100,000 in life “lessons” to learn what you will learn in this book.

    Thanks Mr Randel.

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  • Kevin Kingston
    19 of 22 people found the following review helpful
    5.0 out of 5 stars
    25 Years Worth of Real Estate Experience in 256 Pages, April 20, 2006
    By 
    Kevin Kingston (ny) –
    (VINE VOICE)
      
    (REAL NAME)
      

    This review is from: Confessions of a Real Estate Entrepreneur: What It Takes to Win in High-Stakes Commercial Real Estate (Paperback)

    James Randel shares great concepts that were acquired over 25 years of deal making that are well worth anyone’s time who has any interest in real estate. I’ve been on Wall St. for 11 years and doing real estate deals for 6 and must say I agree with 100% of what is in this book. He gives you the play by play on a few multi million dollar deals that have worked out well and surprisingly enough on some that have not. A few great lines:

    “Never believe your own press clippings”

    “Never take anything for granted”

    He lists 13 “Success Skills” and says, “I do not believe success is an accident” The 1st skill is PASSION, where he says, “A small difference in energy can sometimes be the difference between success and failure.”

    Next is “Work Ethic” I love this one, “If you’re not willing to work hard at the real estate game, do not come out of the dugout.”

    Also key for people to understand is how NOI (Net Operating Income) affects the price of a property, and how improvements in the net can boost the price of a property even if nothing else has changed.

    Interestingly he talks about South Florida where my partner and I have also had tremendous success. He’s hot on “North Beach” which is just north of South Beach in Miami. We are a bit further North in Hollywood Beach, but none the less our premise is the same as his; the wave of growth is heading north.

    By Kevin Kingston author of, A 20,000% Gain in Real Estate

    My Blog bloglines.com/blog/KevinKingston

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  • A. Shepard "A. Shepard"
    31 of 38 people found the following review helpful
    2.0 out of 5 stars
    Same old Rhetoric, April 8, 2006
    This review is from: Confessions of a Real Estate Entrepreneur: What It Takes to Win in High-Stakes Commercial Real Estate (Paperback)

    It would appear as though I am in the minority as the previous reviews all seem to tout this book as the go-to guide for for anyone with an interest in real estate investing. I have my doubts that Randel’s sophisticated guide to making money in the real estate business will leave any serious Investor scratching his head asking “Why didn’t I think of that?” For someone who is so internationally acclaimed I found it odd that in my 34+ years in the real estate business I have never once heard of him, but then I have never lectured at Harvard either.
    While I have no doubt there are a select few that may be able to glean some useful information from Randel’s book, I’m afraid the “Priceless Lessons” that the book description provides are little more than common sense. Spend the extra 2 cents and pick up a copy of Real Estate Investing for Dummies.

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  • Waseem
    28 of 28 people found the following review helpful
    4.0 out of 5 stars
    If you’re just buying one get the “cash flow” book instead., April 16, 2009
    By 
    Waseem (Chicago) –

    This review is from: Mastering Real Estate Investment: Examples, Metrics And Case Studies (Paperback)

    I was trying to decide whether to buy this book or the “cash flow” one, since my library had the cash flow book I purchased this one. However, the cash flow book turned out to be superior and much of this book simply rehashes it but with less detail. Basically, the cash flow book as a section on valuation then details on the 37 calculations he uses; this book has the 37 calculations again, but in less detail, then has a section on example valuations.

    Overall, this book is okay, but stand-alone the cash flow book is superior.

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  • John Shipley "Lead Real Estate Instructor, Wa...
    8 of 8 people found the following review helpful
    5.0 out of 5 stars
    Frank You’ve Hit Another Home Run!, March 6, 2009
    This review is from: Mastering Real Estate Investment: Examples, Metrics And Case Studies (Paperback)

    Congratulations Frank, you’ve hit another one out of the park. The third in your series is another addition to my reference library. As an instructor who teaches post secondary real estate investment courses, I’ve added this excellent analysis to my “must read” list of reference texts. Frank’s 37 baseline chapters provide clarity and insight into basic investment measures. His examples demonstrate uncluttered applications of complex ideas in a logical and ‘makes sense’ manner. The sequence of chapters builds on basic concepts of measurement and carries the reader through reversion. The case studies provide concrete examples of investment scenarios which are applicable in real life real estate investing. Candidly,I feel that if novice real estate investors had read Frank’s books prior to “pulling the trigger”, I truly believe they would have made more prudent decisions and saved themselves a lot of money and anxiety. This book is definitely a good read and a must for every real estate investor’s library!

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  • Jorge L. Rivera
    13 of 15 people found the following review helpful
    5.0 out of 5 stars
    There is a lot of opportunity out there right now and educating yourself should be your first step!, October 5, 2008
    By 
    Jorge L. Rivera (Southport, CT) –
    (REAL NAME)
      

    This review is from: Mastering Real Estate Investment: Examples, Metrics And Case Studies (Paperback)

    “You should recognize that investing is a program for the long-term building of wealth, and it has little or nothing to do with speculation.”

    The above quote, directly from the book, instantly resonated with me. Frank Gallinelli wants to help you become the (unassuming) ‘millionaire next door.’ Not with get-rich-quick, info-mercial jargon, but by prodiving the reader with real, wealth-building knowledge. The book spills over with pearls of analytical wisdom specific to real estate investing. The current market is ripe with opportunity and this book does a great job of simply explaining complex calculations that should be part of every real estate investor’s evaluation process. All the best to you.

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