The Complete Guide to Real Estate Finance for Investment Properties: How to Analyze Any Single-Family, Multifamily, or Commercial Property - Hardcover

Berges, Steve

Hardcover

ISBN 10: 0471647128 ISBN 13: 9780471647126

Verlag: Wiley, 2004

Inhaltsangabe

Páginas:288Géneros:12:KFFR:Property&realestate12:KFFH:CorporatefinanceSinopsis:

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Reseña del editor

This practical, real--world guide gives investors all the tools they need to make wise decisions when weighing the value and potential of investment properties. Written for old pros as well as novice investors, this friendly, straightforward guide walks readers step by step through every stage of property analysis. Whether youa re buying or selling, investing in big commercial properties or single--family rentals, youa ll find expert guidance and handy resources on every aspect of real estate finance, including: aeo Proven, effective valuation techniques aeo Finance tips for all different kinds of property aeo How various financing strategies affect investments aeo Structuring financial instruments, including leverage, debt, equity, and partnerships aeo Measurements and ratios for investment performance, including capitalization rates and gross rent multiplier ratios aeo Future and present value analysis aeo How the appraisal process works aeo Primary appraisal methods--replacement cost, sales comparison, and income capitalization--and how to know which one to use aeo How to understand financial statements, including income, balance, and cash flow aeo Case studies for single--family rentals, multifamily conversions, apartment complexes, and commercial office space aeo A detailed glossary of important real estate terminology

Nota de la solapa

More and more Americans are getting out of the stock market for the relative safety and predictability of real estate. But buying real estate willy-nilly is a recipe for disaster. If you dont do your homework, you could lose your shirtjust like you would in the stock market.

For novice investors and old hands alike, The Complete Guide to Real Estate Finance for Investment Properties focuses on the fundamentals of financial analysis and the key principles in property valuation as they apply to real estate investing. This practical guide provides all the tools and tactics investors need to accurately gauge both the present and future value of properties.

Whether theyre buying or selling, investors must base their decisions on the fundamental principles of real estate finance. Failing to do so will definitely mean failing to make a profit. This handy guide doesnt offer long-winded theories on finance or quick schemes for making a bundle in real estate, but proven real-world knowledge every investor needs to feel secure that theyve made a wise investment.

This is not another real estate book about how to creatively finance a purchase or get a nothing-down deal. Instead, author Steve Berges explains the basic theories of real estate finance, simplifies them for the average investor, and demonstrates how to use them in real-world situations. Using case studies and examples to illustrate these principles, Berges shows investors how to use traditional property valuation methodologies and how to understand such concepts as cash flow, rate of return, and return on investment. Investors will find everything they need to know about financial statements and schedules, investment performance measurements, the structure of financial instruments, and valuation techniques for any kind of property.

Real estate is only a smart investment if youre a smart investor. In this book, Steve Berges walks readers step by step through all the financial analysis techniques needed to get the most out of their real estate investments.

Über diese Auflage

• Verlag: Wiley
• Erscheinungsdatum: 2004
• ISBN 10: 0471647128
• ISBN 13: 9780471647126
• Einband: Tapa dura
• Sprache: Englisch
• Anzahl der Seiten: 288