The Complete Guide to Buying and Selling Apartment Buildings
A revised and expanded edition of the bestselling guide to investing in apartment buildingsInvesting 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.Whether you're a first-time investor or a seasoned professional, this straightforward guide helps you map out your future, find apartment buildings at a fair price, finance purchases, and manage your properties. If you're an active real estate investor focused on single-family properties, Steve Berges's step-by-step plan shows you how to make the jump to multifamily units.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. This new Second Edition also 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 market forecasts. Inside you'll find:Ten ways to create valueSix ways to locate multifamily propertiesFive key ratios every investor should knowTwo crucial techniques that will help any investor save thousandsThree ways to determine how much a piece of property is really worthFive cardinal rules of successful negotiationsSix reasons sellers sell their propertyFour effective exit strategiesFive keys to your successAnd much more