Synopses & Reviews
How to build wealth and achieve your dreams by investing in apartment buildings
Investing in real estate is a tried-and-true way to build assets, increase income, and prepare for retirement or the expense of college. With the proper guidance, a well-defined plan, and a little capital, anyone can profit by buying and selling rental properties.
For first-time investors, this handy, straightforward guide will help you map out your future, find apartment buildings at a fair price, finance purchases, and manage your properties. If you are an active real estate investor focused on single family properties, you can graduate to multifamily apartment complexes using Steve Berges step-by-step plan for increasing the number of units you hold from a handful to hundreds.
The Complete Guide to Buying and Selling Apartment Buildings includes tax planning advice, case studies of real acquisitions, and appendixes that add detail to the big picture. Topics include:
- Ten ways to create value
- Six ways to locate multifamily properties
- Four key ratios every investor should know
- Two crucial techniques that will help any investor save thousands
- Three ways to determine how much a piece of property is really worth
- Five cardinal rules of successful negotiations
- Six reasons sellers sell their property
- Four effective exit strategies
- Five keys to your success
- And much more
Synopsis
Whether youre a first-time real estate investor or a seasoned professional, The Complete Guide to Buying and Selling Apartment Buildingshelps you map out your future, find apartment buildings at a fair price, finance purchases, and manage your properties. Now revised and expanded, this Second Editionincludes tax planning advice, case studies of real acquisitions, and appendixes that add detail to the big picture. Plus, it includes a handy glossary of all the terms investors need to know, helpful sample forms that make paperwork quick and easy, and updated real estate forecasts. With this comprehensive guide at hand youll find profits easy to come by.
About the Author
'STEVE BERGES is a real estate investment professional with over twenty-five years of experience. As principal of Symphony Homes, he is an active investor specializing in creating value through various real estate mechanisms, including single-family houses, multifamily apartment complexes, and the development and construction of single-family and condominium housing communities. He holds an MBA in finance and marketing from Rice University. His other books include The Complete Guide to Real Estate Finance for Investment Properties and The Complete Guide to Flipping Properties, both from Wiley. '
Table of Contents
Acknowledgment.
Introduction.
The Value Play.
Establishing Your Niche and Locating Properties.
Financial Analysis.
Case Study Analysis.
Negotiation Strategies and the Due Deligence Process.
Financing Your Acquisition.
Closing the Deal and Managing Your Property.
Exit Strategies.
Five Keys to Your Success.
Appendix A: Investors Associations.
Appendix B: Exchange Groups.
Appendix C: thevalueplay.com.
Index