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 you're buying or selling, investing in big commercial properties or single-family rentals, you'll find expert guidance and handy resources on every aspect of real estate finance, including: * Proven, effective valuation techniques * Finance tips for all different kinds of property * How various financing strategies affect investments * Structuring financial instruments, including leverage, debt, equity, and partnerships * Measurements and ratios for investment performance, including capitalization rates and gross rent multiplier ratios * Future and present value analysis * How the appraisal process works * Primary appraisal methods-replacement cost, sales comparison, and income capitalization-and how to know which one to use * How to understand financial statements, including income, balance, and cash flow * Case studies for single-family rentals, multifamily conversions, apartment complexes, and commercial office space * A detailed glossary of important real estate terminologyHow to Analyze Any Single-Family, Multifamily, or Commercial Property Steve Berges ... the purpose of measuring returns and values, as well as evaluating the implications of using different types of financial instruments for different ... Chapter 9 provides a discussion on financial statements, including how to more fully understand them and how you can use them to make prudent buy-and-sell decisions.
|Title||:||The Complete Guide to Real Estate Finance for Investment Properties|
|Publisher||:||John Wiley & Sons - 2011-01-06|