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3 reviews for:
The Real Estate Game: The Intelligent Guide to Decisionmaking and Investment
William J. Poorvu, Jeffrey L. Cruikshank
3 reviews for:
The Real Estate Game: The Intelligent Guide to Decisionmaking and Investment
William J. Poorvu, Jeffrey L. Cruikshank
informative
slow-paced
A useful read for learning about investing in real estate with good cases, but definitely a bit dry
Although dated, the Real Estate Game is a solid introductory read for those interested in the industry. However, I'd recommend skipping around to the chapters you find interesting. I almost gave up on the book in the envelope math section. I work in finance, so I found the numbers section, which I've always found the most straightforward aspect of real estate, mind-numbingly dull. I'd imagine it'll have some value for those less versed in finance than myself. The REIT discussion is also incredibly dated and irrelevant in 2020 (the book was initially published in 2000).
The book's real value came from the sections detailing development to asset management. Poorvu walks through characteristics that apply to almost every deal and sheds light on the less well-known development side of real estate. I learned plenty from these sections and gained a greater appreciation for the type of thinking and creativity necessary to succeed as a developer.
The book's real value came from the sections detailing development to asset management. Poorvu walks through characteristics that apply to almost every deal and sheds light on the less well-known development side of real estate. I learned plenty from these sections and gained a greater appreciation for the type of thinking and creativity necessary to succeed as a developer.