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The most current real estate law text specific to Kentucky! The book is a practical, straightforward explanation of Kentucky real estate law relating to real property ownership and real estate transactions. This book covers the many aspects of Kentucky real estate law that will be beneficial to practicing real estate agents, attorneys, educators, consumers those who want to learn about real estate in Kentucky. Practitioners will find it particularly useful in their day-to-day real estate practice. A clear explanation of the statutes and regulations that govern the practice of real estate in Kentucky and forms that are used in the industry are included in the book. An extensive glossary provides clear definitions for hundreds of terms used in real property law.

An arsenal of powerful calculations that can make the difference between winning and losing the real estate investment game Real estate investing is a numbers game, and the only way to win it is by mastering the numbers. In this indispensable guide, real estate investment pro Frank Gallinelli shows you how. What is a property really worth? How do I determine a building's value based on current rents? How much will I make if I hold onto a building for five, ten, fifteen years? Gallinelli arms you with the 34 basic formulas for calculating these and other critical aspects of potential real estate investments, including: Discounted Cash Flow Net Present Value Capitalization Rate Cash-on-Cash Return Debt Coverage Ratio Gross Operating Income Vacancy and Credit Loss Net Operating Income Internal Rate of Return Profitability Index Return on Equity Long-Term Gain Depreciation Mortgage Constants And Many More You don't have to be a rocket scientist to use the formulas in this book. For each formula, Gallinelli clearly explains its significance for real estate investors, walks you through it, and provides examples and sample problems to help you master it. On a companion website (www.realdata.com) he supplies useful forms and spreadsheet templates that you can use to simplify many of the calculations. With this handy reference, you'll quickly master the calculations you need to be a winner in the real estate investment game.

Points (real estate) - Points are a form of pre-paid interest. One point equals one percent of the loan amount.

Leasehold estate - A leasehold estate is an ownership interest in land in which a lessee or a tenant holds real property by some form of title from a lessor or landlord.

Real estate broker - A real estate broker is in the business of brokering real estate transactions; that is, finding sellers for those who want to buy real estate and finding buyers for those trying to sell real estate. Real estate brokers and their salespersons assist sellers in marketing their property and selling it for the highest possible price under the best terms and assist buyers by helping them purchase property for the best possible price under the best terms.

Real estate economics - Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of real estate prices, building production, and real estate consumption.

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