Book Description
An updated edition of the most reliable guide to commercial real estate for small investors
Commercial real estate investing is easier and cheaper to get into than you probably think it is. But if you're a novice investor or an investor who wants to make the switch from residential to commercial properties, how do you know where to begin? This Second Edition of How to Make Money in Commercial Real Estate shows you how to make the move to commercial real estate and wring the most profit from your investments. Successful investor and former accounting professor Nicholas Masters explains all the math and gives you all the expert guidance you need to successfully invest in commercial properties.
You'll learn how to:
* Prepare yourself before you start investing
* Evaluate different types of real estate and undeveloped land
* Read economic cycles and indicators so you know when to invest
* Calculate the long-term potential profits from properties
* Understand tax issues that impact your profits
* Form an investment club to share the risks and costs of getting started
* Find and evaluate individual properties with great potential
* Negotiate, finance, and close your deals
* Manage your properties yourself or through a management company
From the Inside Flap
Now in an updated second edition, How to Make Money in Commercial Real Estate helps small investors just like you get started building a profitable real estate portfolio. Focused on the high profit potential in commercial real estatebut packed with unbeatable advice for residential investing as wellthe book's step-by-step approach simplifies the real estate game for beginners and explains complicated subjects in terms anyone can understand.
Written by former accounting professor and successful real estate investor Nicholas Masters, this practical guide won't show you how to get rich overnight, but it will show you how to build a profitable, successful portfolio over time. Real estate is the key to long-term wealth building, and this reliable guide gives you all the tools you need to succeed.
Point by point, Masters explains the various types of real estate, including family homes, residential complexes, shopping centers, office buildings, and undeveloped land. He explores the relative advantages and disadvantages of each type of real estate, including tax benefits and other factors that need to be considered. He shows you how to get started even without a big down payment and walks you through every step of investing in and owning property, including basic management.
If you think investing in real estate is beyond your means or skills, think again! How to Make Money in Commercial Real Estate, Second Edition shows you how to find the right properties, take advantage of auctions and foreclosures, properly value homes and buildings, negotiate the best deal possible, get great mortgage terms, and manage property profitably. With new case studies and up-to-date information, this is the ultimate resource for new investors and those who want to make the move from residential to commercial properties.
If you've ever dreamed of attaining financial security, real estate is the best way to establish a steady, reliable source of income for years to come. You don't have to be Donald Trump to succeed. All you need is the right guidance and information you can trust. Full of reliable, time-tested advice, How to Make Money in Commercial Real Estate, Second Edition takes the mystery out of buying real estate and helps you make your dream a reality.