Frank Gallinelli – Real Estate Investment Case Studies

Real estate investing is a numbers game, and the only way to win is by understanding how the numbers work. How do I use a building’s current rents to estimate its value? What kind of cash flow and return on investment can I expect? Real estate expert Frank Gallinelli, ivy-league professor, best-selling author, and founder of RealData Software, teaches this master class. You will learn how to make smart income-property investments, and how to separate the winners from the losers.

In this excerpt from his complete course, Frank takes you through a series of virtual case studies that deal with five different property types:

• Apartment Building
• Mixed-Use
• Triple-Net-Leased
• Retail Strip Center
• Single-family property

These cases are “invented” properties, similar to those he has covered in his grad-school course at Columbia, and he has designed them with several purposes in mind:

• One is to give you practice working through comprehensive analyses of income-property investments — a complete deal analysis, looking at the revenue stream, expenses, financing, cash flow, and resale. On what terms does each deal makes sense to you?
• A second is to introduce special situations that you need to understand, such as expense recoveries and triple-net leases.
• And finally, to give you an opportunity you to put yourself inside the deal as if you were a real participant, to think as an investor thinks — beyond the numbers, beyond the surface data — looking at each opportunity as if you were a buyer or seller in a real situation, with real money on the table.

Master the metrics, formulas, vocabulary, and techniques used by experienced investors.

If you choose later to enroll in the complete course, you’ll discover a wealth of important topics:

• The Four Basic Returns
• The Vocabulary of Real Estate Investing
• The APOD and Income Capitalization
• Time Value of Money
• Real Estate Pro Formas
• Discounted Cash Flow Analysis
• Real Estate Investment Metrics
• Mortgage Financing and Underwriting
• Case Studies: Apartment, Mixed-Use, Triple-Net
• Real Estate Partnerships
• Real Estate Development
• Value-Add Investments

Learn How Successful Real Estate Investors Choose Which Rental Properties to Buy, How Much to Pay

Based on the writings and teaching of Frank Gallinelli, best-selling author, and grad-school adjunct professor at Columbia University, this comprehensive course will show you how to perform a complete analysis of an income property so you can make smart and profitable investment choices.From due diligence to extended cash flow and resale analysis, you’ll learn the techniques that successful investors use when they explore a potential acquisition.

• How do you estimate current market value?
• How do you calculate and interpret key rate-of-return metrics? Which ones matter most?
• What will your lender look for when you ask for financing? How much can you expect?
• How do you evaluate a property’s long-term potential to meet your investment goals? What are possible warning signs to look out for?
• How do you plan out and evaluate a development project?

In this excerpt, you’ll find fifteen videos covering the five case studies. The complete course provides you with 60 video lectures that are packed with information. There you’ll also find additional resources, such as practice problems to help you master common calculations, and simple spreadsheet tools.When you complete the course, you’ll know how to look at a potential real estate investment with a critical eye. You’ll know how to “run the numbers” like a professional and decide at what price and on what terms a particular property makes good sense to you. Success belongs to those who take the time to learn to do things the right way.

“The Real Data Intro to Real Estate Investment Analysis is an outstanding course for all real estate professionals! The course is thorough, clear, concise, and professionally delivered. The content is very relevant to actual real life real estate investing. The case studies are particularly valuable as Frank Gallinelli walks you through the thought process of an investor when making high level decisions. I highly recommend this course to anyone working in fields related to real estate and especially for those looking to invest themselves.”

Brad Trauth
Owner/Investor/Developer/REALTOR
Trauth Property Group

Who Should Take This Course?

• Real estate professionals — Experienced investors and brokers recognize the benefit of updating, refreshing, and perhaps even enhancing their core skills. You should never stop learning.
• Real estate investing novices — Learn the techniques used by seasoned, successful investors so you can decide what to buy, how much to pay— and learn to avoid common, costly mistakes made by beginners
• Math-o-phobes — If you’ve avoided studying investment analysis because you’re afraid of the math, this is definitely the course for you. Clear and simple explanations, examples, and practice exercises will take you over that hurdle.
• Students in a real estate or finance curriculum — For more than a decade, the instructor has taught material like this in his graduate school classes at Columbia University. You’ll access quality education in this course.