The Real Estate Recipe: Make Millions by Buying Small Apartment Properties in Your Spare Time (Nuts & Bolts) FROM THE PUBLISHER
Investing in apartment properties is made simple in this comprehensive resource for prospective buyers on how to make smart decisions about real estate and reach financial independence. Instructions, sample cases, worksheets, and real-life examples illustrate how to find and buy good property. An introduction to the real estate market for novices complements sophisticated discussions of finding value-added properties, determining market rent, obtaining a mortgage, refinancing, and selling. The expert advice presented offers an analytical approach to assuring predictable and successful investment in an often uncertain market.
SYNOPSIS
Friedman, who is a real estate broker and property manager, shares his experience with buying, renovating, and renting apartment buildings of ten or more units. He offers inexperienced investors advice on finding properties, conducting a property inspection, determining its value, making an offer, and obtaining a mortgage. Sample worksheets illustrate the calculation of income, operating expenses, and cash flow. Distributed by IPG. Annotation ©2004 Book News, Inc., Portland, OR