How to Manage Condo Investments

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781981645909
Total Pages : 144 pages
Book Rating : 4.6/5 (459 download)

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Book Synopsis How to Manage Condo Investments by : Michael Kraynak

Download or read book How to Manage Condo Investments written by Michael Kraynak and published by Createspace Independent Publishing Platform. This book was released on 2018-03-05 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: How To Manage Condo Investments is a beginners guide to owning and managing a condominium unit as an investment property. The book provides examples of how two amateur landlords have self-managed a portfolio of condominiums as a side-hustle, and the lessons they learned through the process. It highlights how real estate is a unique activity that involves having a stranger pay you money for the privilege of paying down your debts. The book covers topics such as: * Selecting the right type of property and why the authors focus on condos. * Handling the operations of being a landlord including maintenance, financial, and administrative set-ups, as well as dealing with insurance and the staffs of different buildings. * Managing and turning over tenants from acquiring new ones, keeping existing good tenants, and ending leases properly. * Financing your investment, protecting it from outside influences, and keeping it up to date inexpensively. * Partnering with a team of experts including real estate agents, real estate attorneys, mortgage brokers, general contractors, and maintenance service people to further maximize your time and ensure proper expertise is applied to situations that require it. Real world examples are provided throughout the book and samples of tenant communications, leases, and guidelines are also included. The book showcases that condo investing can be a lucrative side-hustle that can easily be handled with proper planning and organization.

How to Develop and Manage a Successful Condominium

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Author :
Publisher : The Minerva Group, Inc.
ISBN 13 : 089499056X
Total Pages : 194 pages
Book Rating : 4.8/5 (949 download)

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Book Synopsis How to Develop and Manage a Successful Condominium by : Adam Starchild

Download or read book How to Develop and Manage a Successful Condominium written by Adam Starchild and published by The Minerva Group, Inc.. This book was released on 2001-06 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: All over the country, the demand for housing is rapidly outpacing the supply. Rental buildings are filling up and prices are skyrocketing.One result of this situation is a relatively new real estate phenomenon: the condominium. The past few years have seen an unprecedented boom in this unique form of property ownership. The condominium dweller gains equity in his residence, enjoys substantial tax advantages, and has a degree of freedom and flexibility denied him in a rental apartment.How can you get in on this boom? You can, of course, simply buy yourself a condominium unit with the expectation of reselling it later at a higher price. Or you can cash in on the phenomenon in an even bigger way: by becoming a condominium entrepreneur. You?ll find all the information and advice you need to get started in "How to Develop and Manage a Successful Condominium."Why are condominiums so appealing to the entrepreneur and investor? Here?s one reason: an apartment building returns a fixed percentage of the original capital over a period of 20 or more years. The condominium developer, on the other hand, gets his capital back literally as fast as he sells the units!Contrary to what you might assume, a condominium doesn?t have to be a multi-million dollar high-rise. An apartment building with just ten units can be a condominium. So can a group of detached one-family homes. Condominium use can be either residential or commercial --- or a combination of the two. Medical offices, shopping centers, vacation homes --- all these and more are amenable to the condominium concept.Financing can be surprisingly easy. Because of the demand, and the short-term nature of the investment, lenders are more receptive to condominium development than to most other new business ventures.Yet despite the tremendous opportunities in condominiums, there was for a long time no authoritative source of information on the subject. Sure, there are plenty of books on how to buy a condominium unit. But almost nothing for the entrepreneur who wants to break into this exciting and lucrative investment area.To fill that gap, Adam Starchild has written "How to Develop and Manage a Successful Condominium." Step by step, this pathbreaking manual guides you through the entire financial, legal and managerial process. It?s by far the clearest, simplest, most accurate and up-to-date text on the subject ever written.Here?s a preview of what you find in "How to Develop and Manage a Successful Condominium":* Pre-development factors: demographics, location, price, neighborhood, zoning requirements, market testing.* Federal and state legislation: laws and regulations you must know about.* Financing: loans, mortgages, government insurance.* New variations: adjoining condominiums, homeowner associations, low-income projects.* Management and budget: (When the building is completed, you can either manage it yourself or turn management responsibility over to an outside firm.)* The Condominium Entrepreneur?s Bibliography: the most complete directory of condominium reference sources ever compiled.Best of all, each chapter of "How to Develop and Manage a Successful Condominium" is filled with legal forms and documents you can use: master deed, enabling declaration, subscription and purchase agreement, by-laws, management agreement, operating budget.Federal and state laws require you to follow very specific procedures in developing and marketing a condominium. If you?re not aware of all the legal requirements, you may wind up in trouble. Yet the condominium concept is so new that many people are mystified about exactly what they must do.That?s why the forms in this book are so valuable. They?ll leave no doubt in your mind as to the proper legal steps to follow. A good real estate attorney charges $50 to $200 per hour for his time. This book won?t take his place. But it will save your attorney many hours of work --- and thereby save you a ton of money.All the forms meet FHA and other Federal specifications. And they will easily accommodate the requirements of your state and city.These model forms alone --- all together in one handy place --- will prove to be worth many times the low price of the book!"How to Develop and Manage a Successful Condominium" is fully indexed for ease of reference.Are you ready to start cashing in on the condominium phenomenon? Even if you?re just thinking about it, "How to Develop and Manage a Successful Condominium" is a must. It will help you avoid problems, minimize risks and maximize your profits.

Investing in Condominiums

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118043855
Total Pages : 306 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Investing in Condominiums by : Brian Persaud

Download or read book Investing in Condominiums written by Brian Persaud and published by John Wiley & Sons. This book was released on 2011-11-08 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lot of information has been published for those who wish to buy acondo as a principal residence, but not for investors who want toexpand into the condominium market. Investing in condominiums isnot about being caught up in the mass hysteria of lining up to buya pre-construction unit in a "hot neighbourhood" and hopefullyflipping it at a profit when it's built. On the contrary, investingin condos can be a very good way to generate solid returns whendone according to the proven strategies outlined in the book. Investing in Condominiums will show readers the ins andouts of profitable condo investing by sticking to investingfundamentals, carrying out proper due diligence, and having an exitplan. Pre-construction condominiums, especially in Toronto andVancouver are sought-after by both Canadian and internationalinvestors. The stable economy, low-interest rate environment, andappreciating values are a recipe for investor success. Investingin Condominiums gives Canadian investors the nuts and bolts ofundertaking such an investment based on real-life examples andexpert knowledge. By reading this book, the investor can proceedwith full confidence knowing that they are asking the rightquestions, doing the math, and assembling the right team of expertsthat will help them realize their investment goals.

Streetwise Landlording & Property Management

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1440519323
Total Pages : 408 pages
Book Rating : 4.4/5 (45 download)

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Book Synopsis Streetwise Landlording & Property Management by : Mark B Weiss

Download or read book Streetwise Landlording & Property Management written by Mark B Weiss and published by Simon and Schuster. This book was released on 2003-02-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: As appealing and lucrative as property ownership can be, it isn't an occupation to be learned through trial and error. It's essential property owners understand all the ins and outs--legally and financially--for their own welfare as well as their tenants. Streetwise Landlording and Property Management addresses all aspects of the business, from the practical to the strategic. Property management is a 24/7 job with high risks as well as rewards. Streetwise Landlording and Property Management helps you assess whether or not you're cut out for the job.

Every Landlord's Guide to Managing Property

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Author :
Publisher : Nolo
ISBN 13 : 1413330959
Total Pages : 481 pages
Book Rating : 4.4/5 (133 download)

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Book Synopsis Every Landlord's Guide to Managing Property by : Michael Boyer

Download or read book Every Landlord's Guide to Managing Property written by Michael Boyer and published by Nolo. This book was released on 2023-06-13 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: The property management guide that provides the best practical and legal compliance advice for the millions of small-time landlords who own a single-family home, condo, or small (less than four) multi-unit property. Companion to Every Landlord’s Legal Guide.

The Book on Managing Rental Properties

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Publisher : Biggerpockets Publishing, LLC
ISBN 13 : 9780990711759
Total Pages : 370 pages
Book Rating : 4.7/5 (117 download)

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Book Synopsis The Book on Managing Rental Properties by : Brandon Turner

Download or read book The Book on Managing Rental Properties written by Brandon Turner and published by Biggerpockets Publishing, LLC. This book was released on 2015-10-28 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: No matter how great you are at finding good rental property deals, you could lose everything if you don't manage your properties correctly! But being a landlord doesn't have to mean middle-of-the-night phone calls, costly evictions, or daily frustrations with ungrateful tenants. Being a landlord can actually be fun IF you do it right. That's why Brandon and Heather Turner put together this comprehensive book that will change the way you think of being a landlord forever. Written with both new and experienced landlords in mind, The Book on Managing Rental Properties takes you on an insider tour of the Turners' management business, so you can discover exactly how they've been able to maximize their profit, minimize their stress, and have a blast doing it! Inside, you'll discover: - The subtle mindset shift that will increase your chance at success 100x! - Low-cost strategies for attracting the best tenants who won't rip you off. - 7 tenant types we'll NEVER rent to--and that you shouldn't either! - 19 provisions that your rental lease should have to protect YOU. - Practical tips on training your tenant to pay on time and stay long term. - How to take the pain and stress out of your bookkeeping and taxes. - And much more!

Make Money with Condominiums and Townhouses

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 9780471433446
Total Pages : 316 pages
Book Rating : 4.4/5 (334 download)

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Book Synopsis Make Money with Condominiums and Townhouses by : Gary W. Eldred

Download or read book Make Money with Condominiums and Townhouses written by Gary W. Eldred and published by John Wiley & Sons. This book was released on 2003-07-14 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Make Money series, renowned real estate investor and bestselling author Gary W. Eldred shows you how to profit from the safest, most reliable wealth builder in the world-real estate. With coverage of all the fundamentals-from finding the right properties to financing and managing them-Eldred shows you the ropes so you don't have to learn important lessons the hard way. Unlike general guides to investing in real estate, each title in the Make Money series gives you the specialized expertise necessary to fully profit from a select investment strategy. Make Money with Condominiums and Townhouses shows homebuyers and investors how to travel the road to real estate wealth-often with little or nothing down. As an affordable investment vehicle, condominiums and townhouses offer numerous advantages over other types of rental property-they require relatively little day-to-day management, they tend to attract more desirable tenants than other rental properties, and they offer low risk and high returns. Full of time-tested techniques and proven money-making strategies, Make Money with Condominiums and Townhouses will show you how to: * Relax while you put your money to work * Find properties with high rates of appreciation * Evaluate homeowner association finances * Choose profitable locations * Understand the changing demographics that may affect your investment * Finance your properties with little or no money down * Achieve positive cash flow quickly * Build up equity * Understand by-laws, disclosure statements, and management contracts

How to Invest in Condominiums

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Author :
Publisher : Wiley
ISBN 13 : 9780471151500
Total Pages : 228 pages
Book Rating : 4.1/5 (515 download)

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Book Synopsis How to Invest in Condominiums by : Andris Virsnieks

Download or read book How to Invest in Condominiums written by Andris Virsnieks and published by Wiley. This book was released on 2001-12-11 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: A simple proven method for improving cash flow so you can live rent-free and retire early How to Invest in Condominiums provides a simple, low-risk blueprint for building cash flow by buying and renting out condominiums. You can provide for your retirement or improve your monthly income by investing in income-producing real estate at a very low risk to the capital you invest. Unlike stocks and bonds, real estate is immune to inflation and a fluctuating stock market and also provides some shelter from taxes-and the return on investment typically exceeds that of the average Wall Street investor! The author includes a plan for getting started and a detailed record of his investments that shows how he grew a considerable cash flow-with only a small commitment of time and effort. This straightforward, realistic guide will help you: * Use this method to establish long-term cash flow * Avoid owning a money-losing rental unit * Use professional property management to save time and money * Avoid "fixer-uppers" v Keep your long-run effort minimal * Live rent-free and retire early! How to Invest in Condominiums is a reliable and realistic way to supplement your income. There are no gimmicks and no strings attached and this is not a get-rich-quick scheme. It's a long-term plan that will help you meet-and surpass-your long-term goals.

Rental Property Investing for Beginners

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Author :
Publisher : Oakridge Press
ISBN 13 :
Total Pages : 157 pages
Book Rating : 4./5 ( download)

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Book Synopsis Rental Property Investing for Beginners by : David Harris

Download or read book Rental Property Investing for Beginners written by David Harris and published by Oakridge Press. This book was released on with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most sought out assets that wealthy hold onto are scarce, in-demand rental properties that are positive cash-flow machines. Your real estate empire starts today! It's no surprise that most millionaires in North America are owners of real estate. Property has significant advantages over other investment vehicles such as stocks or actively-managed businesses such as tax benefits, leverage, cash-flow, and so much more. It can be a pain to know where to start and what kind of real estate to begin looking at to get yourself ahead in your financial life. This audio program aims to address the biggest mistakes most beginners make and also the most proven strategies wealthy people have used to create a rental property empire. In this book, you will discover... -The different types of real estate and how to choose one over another -Buying strategies -Analyzing your investments -Day to day operations -Dealing with tenants -Dealing with contractors -And so much more...

How to Buy a Condominium Or Townhouse

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Author :
Publisher : SphinxLegal
ISBN 13 : 1572485566
Total Pages : 274 pages
Book Rating : 4.5/5 (724 download)

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Book Synopsis How to Buy a Condominium Or Townhouse by : Denise L. Evans

Download or read book How to Buy a Condominium Or Townhouse written by Denise L. Evans and published by SphinxLegal. This book was released on 2006 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The process of the contract, pre-closing issues and closing concerns are reviewed in a step-by-step fashion.

Everything You Need to Know Before Buying a Co-op, Condo, Or Townhouse

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Author :
Publisher : Amacom Books
ISBN 13 : 9780814429655
Total Pages : 260 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Everything You Need to Know Before Buying a Co-op, Condo, Or Townhouse by : Ken Roth

Download or read book Everything You Need to Know Before Buying a Co-op, Condo, Or Townhouse written by Ken Roth and published by Amacom Books. This book was released on 2006 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you've been thinking about buying a co-op, condo, or townhouse, you probably know that you can't get much useful information from the books about buying houses. The obstacles you face are different-and often a lot more complicated. If you're not fully prepared and properly informed, the buying process and even ownership itself could turn into a nightmare. Price and financial situation are only part of the equation, and it's important to understand all the factors before deciding what sort of home to pursue. Everything You Need to Know Before Buying a Co-op, Condo, or Townhouse is a one-stop guide to the particular challenges of buying, owning, living in and ultimately selling these homes.

Get Rich in Real Estate

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Author :
Publisher : Broadway Realty Publishing
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4./5 ( download)

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Book Synopsis Get Rich in Real Estate by : Elliot Bogod

Download or read book Get Rich in Real Estate written by Elliot Bogod and published by Broadway Realty Publishing. This book was released on 2020-02-07 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get Rich in Real Estate is a simple but detailed educational book for real estate investors, outlining the principles of real estate investments that comprise the effective and proven strategy for success. The author, Elliot Bogod, is a Founder and Managing Director of Broadway Realty, a real estate brokerage in Manhattan. With over twenty years experience, Elliot has sold over $2 billion in New York real estate. In this book, you will find: • A list of “magic words” often used in real estate investment, with clear and detailed explanations • Methods for evaluating the locations for your investments, using vibrant Manhattan neighborhoods as an example. • Review of different types of residential investments: condominiums, co-ops and townhouses • Detailed advice on investing in various types of commercial real estate: retail locations, offices, restaurants, hotels, garages and others • Multiple strategies, tactics and techniques for building wealth through your investments • Clear and concise information on mortgages, taxes and laws • Methods for achieving success through managing a team of experts working for you

Rich Dad's Advisors: The ABC's of Property Management

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Author :
Publisher : Business Plus
ISBN 13 : 0446542814
Total Pages : 109 pages
Book Rating : 4.4/5 (465 download)

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Book Synopsis Rich Dad's Advisors: The ABC's of Property Management by : Ken McElroy

Download or read book Rich Dad's Advisors: The ABC's of Property Management written by Ken McElroy and published by Business Plus. This book was released on 2008-09-12 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: So you've made your real estate investment, now the question is: How are you going to make it successful? Maximize its potential? MMake it grow? One word: management. Hundreds of thousands know bestselling author Ken McElroy as a real estate investment tycoon. in his new book, he reveals the key to his success, exceptional property management, and teaches you its most important principles, showing you how to fundamentally succed where others fail. THE ABC'S OF PROPERTY MANAGEMENT tells readers: How to decide when to manage your property and when to hire someone to do it How to implement the right systems and structures for your investment How to manage and maximize cash flow What to expect: a month in the life of an owner-manager How to find the right property manager (and avoid the wrong ones) How to assemble a superior management team.

Tips and Traps When Buying a Condo, co-op, or Townhouse

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Author :
Publisher : McGraw Hill Professional
ISBN 13 : 007181616X
Total Pages : 225 pages
Book Rating : 4.0/5 (718 download)

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Book Synopsis Tips and Traps When Buying a Condo, co-op, or Townhouse by : Robert Irwin

Download or read book Tips and Traps When Buying a Condo, co-op, or Townhouse written by Robert Irwin and published by McGraw Hill Professional. This book was released on 2007-01-08 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Steer clear of money pits and target the top properties in this hot investment sector! Condos, co-ops, and townhouses account for more than one-third of real estate sales in the United States. Fully updated to address the many changes that have occurred in the market since the first edition, Tips & Traps When Buying a Condo, Co-Op, or Townhouse, Second Edition, covers all the bases to help you navigate the process of buying into a shared-ownership development.

The Complete Guide to Buying and Selling Apartment Buildings

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Author :
Publisher : Wiley + ORM
ISBN 13 : 1118045904
Total Pages : 221 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis The Complete Guide to Buying and Selling Apartment Buildings by : Steve Berges

Download or read book The Complete Guide to Buying and Selling Apartment Buildings written by Steve Berges and published by Wiley + ORM. This book was released on 2011-01-06 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Berges shares a framework investors can use to make the transition from buying single-family homes to successfully investing in multifamily properties.” —The Real Estate CPA, “18 of the Best Books on Real Estate Investing” Whether you’re a first-time real estate investor or a seasoned professional, The Complete Guide to Buying and Selling Apartment Buildings helps you map out your future, find apartment buildings at a fair price, finance purchases, and manage your properties. Now revised and expanded, this Second Edition includes tax planning advice, case studies of real acquisitions, and appendixes that add detail to the big picture. Plus, it includes a handy glossary of all the terms investors need to know, helpful sample forms that make paperwork quick and easy, and updated real estate forecasts. With this comprehensive guide at hand you’ll find profits easy to come by. “If you’re thinking about investing in apartment buildings, this is a good place to start.” —Robert Bruss, nationally syndicated columnist

How to Buy and Sell Apartment Buildings

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 9780471653431
Total Pages : 244 pages
Book Rating : 4.6/5 (534 download)

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Book Synopsis How to Buy and Sell Apartment Buildings by : Eugene E. Vollucci

Download or read book How to Buy and Sell Apartment Buildings written by Eugene E. Vollucci and published by John Wiley & Sons. This book was released on 2004-06-03 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Follow a proven path to greater wealth–with the newly updated bestseller How to Buy and Sell Apartment Buildings Through his popular seminar program, Eugene Vollucci has shown thousands of experienced real estate investors and novices alike how to take advantage of one of the most rewarding investments you can find–apartment buildings. In this bestselling guide, the Volluccis’ simple, step-by-step program shows you how to become a real estate millionaire just like they did. With material on new IRS rulings, tips on avoiding common pitfalls, and new advice on assuming loans with delinquent clauses, How to Buy and Sell Apartment Buildings is more comprehensive and complete than ever. This Second Edition includes all the information that you need to find great real estate deals, understand complicated leases and contracts, exploit all the tax breaks you’re entitled to, protect your assets, and turn a small investment into millions! With the Volluccis’ straightforward, three-step system, you’ll be able to: Gauge markets so you know when to buy or sell Read between the lines of property set-up sheets to spot good properties Use the latest computer software to accurately evaluate properties Develop a marketing plan to maximize profits when selling Take advantage of all the recent tax law changes Put together an asset protection plan that’ll make you judgment-proof How to Buy and Sell Apartment Buildings, Second Edition also shows you how to concentrate your assets for higher returns, use consultants so you aren’t left on your own, set up a family living partnership to protect your assets, and much more.

Tips & Traps When Buying A Condo, Co-op, or Townhouse

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Author :
Publisher : McGraw Hill Professional
ISBN 13 : 0071373055
Total Pages : 210 pages
Book Rating : 4.0/5 (713 download)

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Book Synopsis Tips & Traps When Buying A Condo, Co-op, or Townhouse by : Robert Irwin

Download or read book Tips & Traps When Buying A Condo, Co-op, or Townhouse written by Robert Irwin and published by McGraw Hill Professional. This book was released on 1999-09-21 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: One third of all homes sold today are condos, co-ops, or townhouses. America's #1 real estate expert shows what to watch for when buying one of them. Home ownership is still the American dream, but not everyone follows tradition by buying a detached one-family house. Condos, co-ops, and townhouses are increasingly popular alternatives nationwide. These "shared ownership" options have unique pluses and minuses, as Bob Irwin reveals in Tips & Traps When Buying a Condo, Co-op, or Townhouse. Like other books in his best-selling "Tips & Traps" series, it's packed with targeted, reader-friendly advice. If you're a prospective buyer, Bob Irwin will show you how to: Decide if shared ownership is right for you Read between the lines of bylaws Deal with homeowners associations Check out the seven warning signs of big trouble Handle disclosures and inspections And much more