Increasingly, people are turning from the stock market to invest in the more reliable real estate market. However, real estate investing is a much different beast than buying property as a home. The objective is no longer the real estate itself, but to make money off the real estate, which means the focus going into the investment is on capital formation. This book will describe in detail various real estate financing methods that can be used for real estate investment success. Each chapter will discuss different financing techniques as well as focus on a real estate maverick, someone who has used these techniques and made huge real estate profits.
Book Details:
- Author: Steve Bergsman
- ISBN: 9780470325865
- Year Published: 2006
- Pages: 304
- BISAC: BUS054000, BUSINESS & ECONOMICS/Real Estate / General
About the Book and Topic:
Increasingly, people are turning from the stock market to invest in the more reliable real estate market. However, real estate investing is a much different beast than buying property as a home. The objective is no longer the real estate itself, but to make money off the real estate, which means the focus going into the investment is on capital formation. This book will describe in detail various real estate financing methods that can be used for real estate investment success. Each chapter will discuss different financing techniques as well as focus on a real estate maverick, someone who has used these techniques and made huge real estate profits.
This title will walk readers through a wide variety of real estate financing options, including re-mortgaging, equity financing, construction loans, joint ventures, distressed properties, REITs, and more. Also, the book will feature profiles of real estate mavericks and explain their successful techniques, including Jack Cohen, Lawrence Melody, Bill Sanders, Edward Lampert, Roger Staubach, Maury Tognarili, Thomas Barrack, Robert Taubman, Ethan Penner, W.P. Carey and Stephen Ross.
WELL-RESPECTED AUTHOR WITH SUCCESSFUL FIRST BOOK: Steve Bergsman is acknowledged as a real estate expert and his first book with Wiley, Maverick Real Estate Investing sold more than 12,000 copies its first year and was selected by Amazon for its ten best investing / personal finance books of the year. Robert J. Bruss describes Maverick Real Estate Investing saying, “This well-researched book provides insights not available elsewhere…this superb book rates a solid 10.” INVESTORS TURNING TO REAL ESTATE: More and more investors are turning to the reliability of the real estate markets rather than more uncertain investment vehicles. AUTHORITATIVE AND PROVEN ADVICE: This book offers proven techniques and strategies specifically on financing from some of the best minds in the business. These names include: Edward Lampert, Chairman of the Board at Kmart Holding, CEO of ESL Investments, and a director of AutoNation, Inc. and AutoZone, Inc.; W.P. Carey, current Chairman of the Board at W.P. Carey and Robert Taubman, Chairman, President, and CEO of The Taubman Company, as well as director of Sotheby’s, Inc.
About the Author
Steve Bergsman (Mesa, AZ) is a nationally recognized financial and real estate writer. For the past 20 years, he has been a regular contributor to the Ground Floor real estate column in Barron’s. For more than 25 years, he has contributed to a range of magazines, newsletters and wire services including The New York Times, The Wall Street Journal, Financial World, Fortune, Investment Dealers Digest and Reuters News Service. In addition, he has written for all the leading real estate industry publications including National Real Estate Investor, Shopping Center World, Mortgage Banking, Commercial Property News, etc.