How to build wealth and achieve your dreams by investing in apartment buildings
Investing in real estate is a tried-and-true way to build assets, increase income, and prepare for retirement or the expense of college. With the proper guidance, a well-defined plan, and a little capital, anyone can profit by buying and selling rental properties.
For first-time investors, this handy, straightforward guide will help you map out your future, find apartment buildings at a fair price, finance purchases, and manage your properties. If you are an active real estate investor focused on single family properties, you can graduate to multifamily apartment complexes using Steve Berges’ step-by-step plan for increasing the number of units you hold from a handful to hundreds.
The Complete Guide to Buying and Selling Apartment Buildings includes tax planning advice, case studies of real acquisitions, and appendixes that add detail to the big picture. Topics include:
- Ten ways to create value
- Six ways to locate multifamily properties
- Four key ratios every investor should know
- Two crucial techniques that will help any investor save thousands
- Three ways to determine how much a piece of property is really worth
- Five cardinal rules of successful negotiations
- Six reasons sellers sell their property
- Four effective exit strategies
- Five keys to your success
- And much more
STEVE BERGES’ real estate experience dates back to 1978, when he first obtained his real estate broker’s license in the state of North Carolina. He is currently an active investor specializing in creating value through various real estate mechanisms, including single family houses, multifamily apartment complexes, and the development and construction of single family housing communities. Berges holds an MBA degree in finance and marketing from Rice University.