The Real Estate Investor's Handbook: The Complete Guide for the Individual Investor, Tom 978,Wydania 0-910666The Real Estate Investor's Handbook is a must-have for beginning investors, real estate veterans, commercial brokers, sellers, and buyers. Real estate investing has created more millionaires than any other investment vehicle in this country. This comprehensive step-by-step proven program shows beginners and seasoned veterans alike the ins and outs of real estate investing. This book is a road map to successful investing in real estate. You do not need to re-invent the wheel, and you won't have to make the same mistakes others have. |
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Spis treści
Commercial Property Lease Options | 161 |
Common Area Maintenance Charges | 162 |
Which Type of Lease Is Best? | 163 |
Comparable Sales Market Data Method | 164 |
The Cost Approach | 165 |
Reconciliation | 167 |
Advanced Valuation Techniques | 168 |
All the Research Is Done Now What? | 169 |
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FLIPPING | 69 |
CommonSense Flipping Guidelines | 70 |
Form a Team | 71 |
Dealers | 72 |
Retailers | 73 |
FORECLOSURES AND REOS | 79 |
Type of State Foreclosures | 81 |
The Four Steps to Foreclosure | 82 |
The Foreclosure Sale | 83 |
Redemption Period | 84 |
REO Opportunities | 85 |
The Lease Option Strategy | 86 |
Advantages for Buyers | 87 |
Real Estate Auction and Probate Sale Opportunities | 89 |
Probate Sales | 90 |
THE TEAM APPROACH | 95 |
The Tax Advisor | 97 |
The Lender or Mortgage Broker | 98 |
Mortgage Brokers | 99 |
The Real Estate Broker and Agent | 100 |
Compensating the Broker or Agent | 101 |
Finding a Great Broker or Agent | 102 |
The Appraiser | 104 |
The Real Estate Attorney | 106 |
FINDING AND EVALUATING PROPERTIES | 115 |
The Region | 116 |
Population Growth | 117 |
Type | 118 |
Property Worth | 119 |
Population | 120 |
The Local Area | 122 |
Building Permits | 123 |
Cost of Renting Versus Cost of Buying | 124 |
Rental Rates | 126 |
The Benefit of Problems | 127 |
The Governmental Climate | 128 |
Neighborhood Comparisons | 129 |
The Real Estate Market To Time or Not To Time | 133 |
UNDERSTANDING LEASES AND VALUE | 137 |
Transferability of Leases | 138 |
Residential and Commercial Leases | 139 |
The Principles of Real Estate Valuation | 142 |
The Highest and BestUse Concept | 144 |
Standard Value Guidelines | 146 |
Replacement Cost | 150 |
ENSURING A RETURN ON YOUR INVESTMENT | 151 |
Net Operating Income | 152 |
Get Real Numbers | 155 |
Vacancies | 156 |
Delinquencies and Collection Losses | 157 |
Utilities | 158 |
Additional Operating Costs | 159 |
Debt Servicing | 160 |
NEGOTIATIONS | 173 |
Common Sense Guidelines for Negotiation | 174 |
Determine the Sellers Motivations | 176 |
Bring the Power of Facts to the Negotiation Process | 177 |
Create a WinWin Atmosphere | 178 |
Contract Basics | 179 |
The Purchase Agreement | 185 |
More on Contingencies | 188 |
Presenting the Purchase Agreement in an Effective Manner | 192 |
ESCROW DUE DILIGENCE AND OTHER VITAL MATTERS | 193 |
Formal Due Diligence | 196 |
Property Inspections | 200 |
Different Forms of Inspection | 202 |
Getting a Qualified Inspector | 209 |
Credit Negotiation | 210 |
The Title Holding | 211 |
Sole Proprietorship | 212 |
Tenancy in Common | 215 |
Partnerships | 216 |
Limited Liability Companies | 219 |
Corporations | 221 |
Closing Escrow | 223 |
Closing Statement | 226 |
Recording of the Deed | 227 |
THE LANDLORD PATH | 233 |
CHOOSING THE RIGHT LANDLORD PATH | 235 |
The Professional Management Option | 237 |
The Landlording Option | 241 |
Types of Housing | 242 |
Advertising for Tenants | 248 |
Finding Good Tenants | 253 |
Moving In Your Tenants | 257 |
Retaining Good Tenants | 258 |
Collecting Rent | 262 |
Eviction Procedures | 265 |
Maintenance and Repair | 267 |
Protecting Your Investments | 268 |
Landlord Forms | 271 |
KEEPING RECORDS | 287 |
Record Keeping | 288 |
Overall Accounting Skills | 290 |
Accounting at the Rental Level | 292 |
Accounting Software | 294 |
TAX ADVANTAGES AND EXIT STRATEGIES | 297 |
Optimizing Tax Advantages | 298 |
Passive and Active Activity | 301 |
The Active Path Qualifying as a Real Estate Professional | 303 |
Exit Strategies | 304 |
The Installment Sale | 309 |
Boot | 312 |
Capital Gains Exclusion | 317 |
Lease Options | 320 |
Gifts and Bequests | 322 |
THE SECRET TO BUILDING REAL ESTATE WEALTH | 327 |
Choose an Investment Strategy | 333 |
Action Plan | 335 |
GLOSSARY | 341 |
RECOMMENDED READING | 381 |
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FIABCIUSA MEMBERSHIP | 390 |