Real Estate Investment and Finance

Real Estate Investment and Finance is about understanding real estate investments and the financial value they give to a business. To achieve this understanding, you must learn about such financial statistics as net present values and internal rates of return, among others. The concepts behind capitalization, discounting, lifecycle costing, and value are equally vital. This course will provide you with the basic knowledge necessary to evaluate investment opportunities and to maximize the value of your current properties. To do this, you will learn the basics of investment mathematics.

You will need a financial calculator to apply what you learn. Therefore, as you study, the chapters will walk you through many calculations using the HP 10bII.* The last chapter of this coursebook contains a case study, with additional practical exercises, so that you can further apply what you have learned.

Upon successful completion of this course, learners will be able to:

• Understand physical value and market value
• Determine a property’s economic value
• Finance investments and increase value
• Demonstrate a working knowledge of current tax laws, including capital gains and depreciation