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Book Review for: The Real Estate Math Handbook: Simplified Solutions for the Real Estate Investor, by Jamaine Burrell |
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| Published by Atlantic Publishing Company (Online), amazon.com, barnesandnoble.com | | January 11, 2007 |
| “A Comprehensive, Mathematical Tour-de-Force” -
Book Review for: The Real Estate Math Handbook: Simplified Solutions for the Real Estate Investor
By Angela Eward-Mangione, MLA
Although published in 2007—a year during which the Real Estate Market took a significant nose dive— The Real Estate Math Handbook: Simplified Solutions for the Real Estate Investor proves effective for serious investors, including any current survivors of the recent slump who had enough capital to stay in the game. Others who may find this book useful: individuals who currently own or wish to purchase a home, amateur students of mid-level to advanced mathematics, and prospective graduate students preparing for the Graduate Record Examination (GRE).
A comprehensive, mathematical tour-de-force; this book explains the A, B, C’s of Basic Mathematics, Interest, Investment Mathematics, Real Estate Mathematics, Income Property Valuation, Financing Mathematics, and related Excel Functions. A stellar introduction by Ken Lee, a Real Estate Broker, Author and Guru, excites and informs the reader. Since Lee includes a detailed description of each chapter’s contents, readers can either opt to work through the book start to finish, or select and study certain chapters of interest.
Strong aspects of this book include: clear, detailed explanations of complex mathematical concepts; corresponding tables of information and data; demonstrations of how to apply some of the mathematical principles described; and the Appendices, which include excellent quick references. Readers will also find the chapter on Excel functions a useful and efficient time saver. Otherwise, each chapter of the book is significantly lengthy; readers should allot several hours to work through each of them. Also, the book does not contain any practice exercises (besides the examples, which already reveal step by step instructions and answers), which might have aided the reader in immediately applying the skills that he or she learned from the book. Nonetheless, The Real Estate Math Handbook: Simplified Solutions for the Real Estate Investor
is a must have for anyone serious about becoming a Real Estate Investor, and is highly recommended reading for anyone who currently owns or plans to purchase a home.
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