Terry Painter

The Encyclopedia of Commercial Real Estate Advice (eBook, ePUB)

How to Add Value When Buying, Selling, Repositioning, Developing, Financing, and Managing

• Format: ePub

Produktbeschreibung

The first Encyclopedia of Commercial Real Estate The Encyclopedia of Commercial Real Estate Advice covers everything anyone would ever need to know from A - Z on the subject. The 500+ entries inside not only have hard-hitting advice, but many share enlightening stories from the author's experience working on hundreds of deals. This book pulls off making the subjects enjoyable, interesting, and easy to understand. As a bonus, there are 136 time and money savings tips, many of which could save or make you 6 figures or more. Some of the questions this informative guidebook will answer for you are: * How to Buy Foreclosed Commercial Properties at a Discount at Auctions * Guidelines for Getting Started in Commercial Real Estate and Choosing Low-Risk Properties * How to Value a Property in 15 Minutes * How to Fake it Until You Make it When Raising Investors * Should You Hold, Sell, 1031 Exchange, or Cash-Out Refinance? * How to Reposition a Property to Achieve its Highest Value when Buying or Selling * 10 Tested Methods to Recession-Proof Your Property * How You Can Soar To The Top by Becoming a Developer * Trade Secrets for Getting The Best Rate and Terms on Your Loan - Revealed! * 11 Ways Property Managers Will Try and Steal From You - How to Catch and Stop Them! Whenever you have a question on any commercial real estate subject, just open this invaluable book and get the guidance you are looking for. Find author Terry Painter: apartmentloanstore.com businessloanstore.com

---

Dieser Download kann aus rechtlichen Gründen nur mit Rechnungsadresse in A, B, BG, CY, CZ, D, DK, EW, E, FIN, F, GR, HR, H, IRL, I, LT, L, LR, M, NL, PL, P, R, S, SLO, SK ausgeliefert werden.

Produktdetails

• Verlag: John Wiley & Sons
• Seitenzahl: 528
• Erscheinungstermin: 14. September 2020
• Englisch
• ISBN-13: 9781119629184
• Artikelnr.: 60674938

Autorenporträt

TERRY PAINTER is the founder of Apartment Loan Store and Business Loan Store--mortgage-banking firms that have closed over four billion dollars in commercial loans nationally. He is a member of the Oregon Bankers Association, the Mortgage Bankers Association, and Forbes Real Estate Council, where he is a contributing writer. Terry lives in Portland, Oregon and the Dominican Republic.

Inhaltsangabe

Foreword xix

Introduction xxi

This Book Will Save You Time and Money xxiii

How to Use This Book xxiv

Part I Smart Strategies for Buying

Chapter 1 Who are You When Buying a Commercial Property? 3

Seven Top Character Traits of Experienced Commercial Real Estate Investors 4

Four Phases of the Commercial Real Estate Market Cycle and the Best Time to Buy 11

The Lowest-Risk Property Types to Choose 13

Ten Risk-Lowering Action Steps 16

Four Levels of Risk Based on Property Condition, Income, Location, and Occupancy 18

Chapter 2 Seven Smart Strategies for Adding Value When Buying 21

1. Have Your Down Payment, Professional Team, and Financing Together Before You Go Shopping 21

2. Use Leverage Responsibly 22

3. Define Your Property Search Objectives 25

4. Four 15-Minute Methods of Determining Property Value 28

5. Choose a Property That Can Be Recession-Proofed 30

6. Choose the Best Team Members 33

7. Winning the Numbers Game--Making and Negotiating Offers 36

Encyclopedia Topic A Buying 43

Part II Smart Strategies for Buyer Due Diligence

Chapter 3 Outstanding Due Diligence for Buyers 81

Twelve Due Diligence Mistakes That Buyers Should Avoid 82

Is This Property "Who" You Thought It Was? 91

Guidelines for Calculating How Much to Lower The Sales Price 92

Comming up with Your Pitch to Lower the Sales Price After Due Diligence 94

Encyclopedia Topic B Due Diligence 97

Part III Smart Strategies for Raising Investors

Chapter 4 Raising Money and Creating Investor Partnerships 123

Buying Commercial Real Estate Without Money or Experience 123

Eight Countermeasures for Not Having Enough Money and Experience 124

Using Other People's Money to Get Rich When Buying Commercial Property 129

How the Inexperienced Deal Manager/Sponsor Can Get Started 131

What Percentage of Ownership Should You Get for Putting the Deal Together? 137

Why Non-Recourse Financing Is the Key to Raising Investors 138

Nine Pitfalls to Avoid in Investor Partnerships 139

Forming a Real Estate Syndication 141

Encyclopedia Topic C Raising Investor Partners 145

Encyclopedia Topic D Property Ownership Entity 161

Part IV Smart Strategies for Sellers

Chapter 5 Hold, Cash-Out Refinance, Sale, or 1031 Exchange? 171

Cash-Out Refinancing to Purchase More Investment Property 173

Is This a Good Time to Sell Your Commercial Property? 175

You've Got to Love the 1031 Tax-Deferred Exchange 178

Putting the Cart Before the Horse: The 1031 Reverse Exchange 183

Chapter 6 Adding Value in the Selling Process 187

Determining the Maximum Sales Price 187

Power Brokers are Highly Skilled at Pushing Up the Sales Price 190

Twelve Mistakes to Avoid When Selling Your Commercial Property 192

Value-Adding Before Selling 196

Why You Should Do a For Sale by Owner 199

Why You Shouldn't Do a For Sale by Owner 199

Benefits o fWorking with an Experienced Commercial Real Estate Broker 200

Should You Owner-Carry? 201

Alternative to Owner-Carry: The Master Lease Purchase 202

Encyclopedia Topic E Selling 205

Part V Smart Strategies for Repositioning

Chapter 7 Unlocking Hidden Wealth with Repositioning 221

Repositioning a 246-Unit Multifamily Property in Oklahoma City 222

Repositioning a 38-Unit Multifamily Property in Garland, Texas 224

Manage Your Reposition