Investing in income properties The Big Six formula for achieving wealth in real estate
Book - 2017
Investing in Income Properties is a cogent and well organized presentation of the principles of real estate analysis, financing, and investment. With his 'Big Six Formula, ' Ken Rosen shares his knowledge and experiences on how to analyze and take advantage of commercial real estate investment opportunities. This book should be required reading in all real estate investment courses.
Saved in:
- Subjects
- Published
-
Hoboken :
Wiley
[2017]
- Language
- English
- Main Author
- Edition
- Second edition
- Item Description
- Revised edition of the author's Investing in income properties, c2008.
Includes index. - Physical Description
- xii, 242 pages : illustrations ; 24 cm
- ISBN
- 9781119390572
- Acknowledgments
- Introduction
- Part 1. The Basics
- Chapter 1. Why Commercial Real Estate?
- Real Value, Real Ownership, Real Estate
- The Control Factor
- Financing Options
- The Leverage Edge
- Tax Benefits
- Access to Information
- Easy Troubleshooting
- Overcoming Fear
- The Bottom Line
- Chapter 2. Real Estate 101
- What Is Real Estate?
- Types of Income Properties
- What Real Estate Can Do for You
- The Search Begins
- Purchase and Sale Contracts
- Closing
- Education
- Real Estate Lingo
- The Bottom Line
- Chapter 3. Assembling the Team
- The Broker
- The Attorney
- The Certified Public Accountant
- The Bottom Line
- Chapter 4. Getting the Money
- Obtaining a Home Equity Loan
- IRA Accounts
- Cash Value of Life insurance
- Customized Creativity
- The Use of Options
- OPM
- Present Sacrifice for Future Benefits
- The Bottom Line
- Part 2. The Big Six Formula
- Chapter 5. Location: Planting Investment Roots
- Evaluating Locations
- Industrial Properties
- Short-Term Gains and Declines
- Long-Term Gains and Declines
- The Bottom Line
- Chapter 6. Building Quality and Design Efficiency: Ensuring the Long-Term Viability of Your Portfolio
- Class A Buildings
- Class B Buildings
- Class C Buildings
- Class B Apartment Buildings
- Class B Retail Strip Store Centers
- Class B Office Buildings
- Industrial Properties
- The Bottom Line
- Chapter 7. Tenant Profile: The Right Fit
- Factor No. 1. Rental Rate and Terms
- Factor No. 2. Gross or Net Lease
- Factor No. 3. Size of Units
- Factor No. 4. Impact of a National Tenant
- Factor No. 5. Right of First Refusal
- Factor No. 6. Potential Condo Buyers
- Factor No. 7. Parking Considerations
- Factor No. 8. Undesirable Mix of Tenants
- The Bottom Line
- Chapter 8. Upside: Maximizing the Return on Your Holdings
- Tenants Can Set the Price of a Building
- Upside Strategies
- Let the Building Talk to You
- The Bottom Line
- Chapter 9. Financing: Choosing the Fiscal Formula That Matches Your Goals
- Before You Begin: Your Credit Report
- Financing Components and Dynamics
- Appraisal
- The Advantages of Dealing with Local Banks
- Ideal Financing
- Getting Your Loan Approved
- Insurance Companies
- Private Lenders
- The Romance of Leverage
- Infinite Return
- All-Cash Buyers
- Burn the Mortgage Quickly
- Mortgage Brokers
- Healthy versus Unhealthy Debt
- The Bottom Line
- Chapter 10. Price: Looking Beyond the Price Tag to See the Big Picture
- The Price-Is-Too-High Syndrome
- Things to Know
- The Bottom Line
- Chapter 11. Anatomy of a Big Six Deal
- Adam's Manor
- The Sellers
- Listing the Property
- The Buyer
- Setting the Stage
- The Buyers' Strategy
- Sealing the Deal
- Brokers Meet the Sellers
- Now What?
- The Bottom Line
- Part 3. Moving Forward
- Chapter 12. Management and Leasing to Enhance Your Investment
- Managing Apartment Buildings
- Managing Small Retail Centers
- Managing Small Bay Warehouses
- Managing Office Buildings
- The Bottom Line
- Chapter 13. Condo Conversions: Big Money in Converting Rental Apartment Buildings
- My Start in Condo Conversions
- Criteria for Condominium Conversions
- Critiquing the Units
- Announcing the Conversion
- Announcing the Improvement Program
- Handling the Unsold Units
- Legal Requirements
- Bradford Terrace: A Mini Case Study
- The Bottom Line
- Chapter 14. One Good Real Estate Investment Is Worth a Lifetime of Labor
- Love at First Sight: by Tony DeRosa
- If I Never Made Another Deal: by Cliff Suchman
- You Can Never Know Too Much; by Anthony Dilweg and Andy Roberts
- I Made It in Buying: by Kenneth D. Rosen
- The Bottom Line
- Glossary
- About the Author
- Index