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What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures, Updated Edition, 2nd Edition by Frank Gallinelli

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CHAPTER 42Calculation 36: Land Measurements

What It Means

Anyone who gets involved in real estate, whether as an investor or just a homeowner, needs to understand the basics of land measurement. You will almost always describe a parcel’s size in terms of its area. If the parcel is a perfect rectangle, you calculate the area by multiplying length times width. If the land is in the form of anything but a perfect rectangle, you might need to get into some serious geometry in order to come up with an accurate measurement. That’s a job better left to a professional. Unless you are trying to subdivide a larger piece, it is also a job that probably has been completed already by the local tax assessor; you should be able to find out the size of any existing ...

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