The Income Stream - Softcover

Goodman, Robert M.

Softcover

ISBN 10: 0966447476 ISBN 13: 9780966447477

Publisher: Brookstone Pubns, 1999

Synopsis

The Income Stream is written and designed to help you know how to select and evaluate good real estate investments. It is presented in a serious, yet simple no-nonsense, easy to grasp manner. It will give you a beginning understanding of the techniques of investment evaluation used by the pros.

This is not a real estate technical manual filled with elaborate theories and formulas. This is not a book on "How to Get Rich in Real Estate". Rather, it will help you to understand the analysis process. The "Get Rich in Real Estate" part will take care of itself.

The Income Stream takes you beyond the 'thumb-rules' and 'quick-multipliers' to the solid techniques used today by successful real estate investors. After giving you a clear, concise understanding of the valuation process, it teaches you; (1) how to find a good potential investment, (2) how to understand and uncover its real yields and (3) how to value them. It will also give you a broad understanding of how to deal with risk.

The Income Stream will prepare you to enter, with a giant leap forward, the world of real estate investing. Enjoyed previously by only the few, you may have this advantage if you will take the time to know. Thanks to the computer and modern techniques, this process has become relatively easy.

The Income Stream will also help you to develop your philosophy of investing and give you a foundation of understanding that will help you in all phases of your financial activity.

About this title

About the Author

Bob Goodman brings much experience to the income stream, having real estate experience spanning more than 38 years. His career began with his uncle Thomas W. Goodman of Virginia who as a builder / developer became his mentor and guide.

Bob's vast real estate career includes his work as the developer and general partner in the development and management of 21 major apartment and office complexes throughout the southeast, with one high-rise building.

He also has put together 15 real estate investment syndications owning and managing apartment complexes, motels and office buildings throughout the southeast. In these endeavors, with Bob as its President and CEO, his company acted as syndicator and general partner.

Bob Goodman has presented hundreds of real estate investment seminars to the public. He was also an instructor of syndications for the National Association of Realtors. He has also served as Executive Vice President of a Real Estate Investment Trust.

He is currently president and CEO of a real estate company as a Coldwell Banker franchisee in a south Texas resort city. In addition, his current company handles real estate sales, resort rentals, property management and real estate investment counseling.

From the Back Cover

We do not consider our readers to be DUMMIES or IDIOTS, but people in a hurry to know. This book is for them. No fluff, goes directly to the point, double spaced and well illustrated. TIME WELL SPENT no matter what your level of understanding. GREAT FOR BEGINNERS.

MONEY is the subject of this book and how to get your share from Real Estate - Not your usual book on how to buy and fix up old properties, or how to buy repos, but rather the Rock-Solid methods of evaluation used by the professionals.

AVAILABLE NOW FOR THE FIRST TIME EVER. Information and techniques previously not to be had without long involved financial study. Information held by the few is now available to all thanks to the computer. Simply told, well illustrated, we cover in a clear concise manner a subject previously considered too complicated for the average investor.

THE INCOME STREAM TAKES AWAY THE MYSTERY of real estate investing by making plain its real yields and exposing the hazards thereby reducing the RISK and improving LIQUIDITY.

GOES WELL BEYOND THE SIMPLE 'THUMB-RULES' of real estate investing directly to the Internal Rate of Return. Gives the small investor a chance to take part in this the most productive of all the investment mediums.

HELPS YOU WITH THE PHILOSOPHY OF INVESTING by offering ideas and strategies used by the experts.

THE REITS (Real Estate Investment Trusts) of America GREW FROM $15 BILLION IN ASSETS IN 1992 TO $150 BILLION IN 1997. THAT'S 900% IN FIVE YEARS! WHY? Because real estate is a such a specatular investment. If you agree that the REIT yeilds are spectacular you haven't seen anything yet until you learn how to analysis and get into it for yourself.

Excerpt. © Reprinted by permission. All rights reserved.

Did you ever wonder who owns the barber shop on the corner or the strip shopping center down the street or the doctor's or dentist's office you visit occasionally? Would it surprise you to know that most of these buildings are not owned by the occupant at all but rather are owned by a landlord or investor like you.

Most businesses usually preserve their working capital for their business use and, therefore, elect to rent their space, the payments toward which are charged off as a business expense.

The market, the need, the demand is all around you. If you have a bit of courage and some understanding such as we have been offering so far in this book you should be looking into investment real estate. Assuredly it will take work and skill and patience but it will be well worth it.

We have attempted to present to you, so far, the basic techniques of real estate investment analysis. If you can get some understanding of it and find a good agent who also understands then you should begin inquiring. It is guaranteed to be interesting, exciting and fun. And, of course, highly profitable.

Edition details

• Publisher: Brookstone Pubns
• Publication date: 1999
• Language: English
• ISBN 10: 0966447476
• ISBN 13: 9780966447477
• Binding: Paperback
• Number of pages: 193