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
I have read allot of real estate books, as I am involved in this industry, but there are not many books that go into the apartment building side like Steve Berges has done.This is an excellent book, if you are just getting involved in multi-units, as well as the experienced professional...there is information here that is beneficial to everyone involved in real estate.
A Must Read Book - I HIGHLY Recommend
Published by Thriftbooks.com User , 22 years ago
I can't tell you what a great book this is. I started reading it one day and couldn't put it down. It is an easy to read, information packed book for anyone who wants to invest in apartment buildngs. He tells you to exactly how to value the property and exactly what to look for when purchasing a building. I just sent a copy to my brother so he can enjoy it too!
Better than basic
Published by Thriftbooks.com User , 22 years ago
I don't know what BASICS (other review) is talking about. The financial models are explained, and it is not heavy on marketing his software. Outside of a financial textbook this is one of the better fundamentals books I have read. Stresses value play - in-out - approach, but the key financial ratios and it's points are very astute. If you are looking to get into the business this is a great introduction and, I would say, a must read.
Realistic Approach to Real Estate
Published by Thriftbooks.com User , 22 years ago
This is a terrific book for someone interested in approaching real estate investment in a serious way -- using analysis and sound business principles. But if you are only interested in the "no money down" & "get rich quick" schools of thought, pass on this book.
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.