Investing in Real Estate, 7th Edition

CONTENTS

Acknowledgments

Prologue: Invest in Property Now

1 ACHIEVE A PROSPEROUS FUTURE: 22 WAYS YOU CAN EARN PROFITS WITH PROPERTY

22 Sources of Profit from Investment Property

Will the Property Experience Price Gains from Appreciation?

Will You Gain Price Increases from Inflation?

Earn Good Returns from Cash Flows

Magnify Your Equity Gains with Leverage

Magnify Returns from Cash Flows with Leverage

Build Wealth through Mortgage Payoff

Over Time, Returns from Rents Go Up

Refinance to Lift Your Cash Flows

Refinance to Pocket Cash

Buy at a Below-Market Price

Sell at an Above-Market-Value Price

Create Property Value through Smarter Management

Create Value with a Savvy Market Strategy

Create Value: Improve the Location

Convert from Unit Rentals to Unit Ownership

Subdivide Your Bundle of Property Rights

Subdivide the Physical Property (or Space within a Property)

Create Plottage (or Assemblage) Value

Obtain Development or Redevelopment Rights

Diversify Away from Financial Assets

Is Property Your Best Investment Choice?

2 OPM: BORROW SMART, RAISE CASH, BUILD EQUITY

The Birth of “Nothing Down”

Should You Invest with Little or No Cash or Credit?

What's Wrong with “No Cash, No Credit, No Problem”?

Leverage: Pros and Cons

What Are Your Risk-Return Objectives?

Maximize Leverage with Owner-Occupancy Financing

Owner-Occupied Buying Strategies

Current Homeowners, Too, Can Use This Method

Why One Year?

Where Can You Find High-LTV Owner-Occupied Mortgages?

What Are the Loan Limits?

High Leverage ...