Investing in Real Estate, 7th Edition

INDEX

A

Abandonment, 260

Above-market price, 11, 95–96

Accessibility, 103–104

Acorns into oak trees, 6, 18

Acres of Diamonds, 312

Adjustment process, 76–78

Affordability, 99

After-tax cash flows, 290–291

Agent services, 121–124, 279–282

Alligator, xxiv, 30, 93

Allen, Robert, 22, 26

Alternative minimum tax

(AMT), 293

Air rights, 14

Amortization, 7, 337

Appraisal, 52

Appraisal form, 62–67

Appraisal limiting conditions, 87

Appraisal vs. investment, 57, 87

Appreciation, 2–3, 98–99

Arbitration, 219, 261

As-is condition, 151–152, 156

Assemblage, 16

Asset protection, 332

Assignments, 200–201, 217, 253

Attorney fees, 261–263

Auctions, 157, 159–161

Automated underwriting (AUS), 55–56

B

Bankruptcy, 133

Bargain price, 111

Bargain search, 118–121

Bargain-priced properties, 94–95

Before-tax-cash-flow (BTCF), 89–93

Below-market price, 11, 112–113

Benchmarks for negotiating, 207

Beverly Hills vs. Watts, 101–102

Bid package, 153

Black swan, 26

Boom markets, xxii–xxiii

Borrow smart, 21–24

Bounced check, 250

Brangham, Susan, 121, 185, 187–188

Brown, Raymond, 165–166

Budgeting for improvements, 179–183

Buffett, Warren, xxi, xxiii

Building description, 208–209

Bundle of property rights, 14–15

C

California Closet Company, 168–169

Capacity (income ratios), 48–50

Capital gains tax, 286–287

Capital gains, 293–294

Capitalization rates, 83–85

Cash flows, 5, 8

Cash-out refinance, 10

Cash reserves, 50–51

Casualty clause, 212–213

Character, 53–54

Cheerleader for property, 18

Cleaning, 167

Closing costs,