The Complete Guide to Buying and Selling Apartment Buildings
Author: Steve Berges
List Price: $24.95
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ISBN: 0471436399
Publisher: John Wiley & Sons (16 November, 2001)
Sales Rank: 427
Average Customer Rating: 4.73 out of 5
Customer Reviews
Rating: 5 out of 5
Best Book on Investing in Real Estate!
I have been wanting to venture from investing in single family homes to investing in multi-family for several months. This is the first book that has made the process of buying & selling apartments easy to understand. This book is excellent, easy to read, and very informative. Some books are so complicated, you have to read a sentence over and over again to try and comprehend it. Other books are so basic, you read through the whole chapter and feel you haven't learned anything. Steve Berges makes learning a pleasure, with good examples, and step-by-step processes. Best book I've read in quite a while!
Rating: 3 out of 5
The Basics
This book is an easy read, but those who considered it the "best" real estate book out there may have been rotting their brains on no money down schemes (this book thankfully notes that beginning investors will not find a no money down investment property deal). If you are looking for Real Estate Investing 101, this is a good choice.
If you already understand Cap Rates and NOI, and are confident in your ability to estimate the value of a property based on its financial statement, then pass on this book.
All in all, the book is good but basic. Unfortunate that the tables presented in the text are not explained fully--the author prefers, I think, to sell you the software separately.
Rating: 4 out of 5
Excellent book, but there's always room for improvement
I had been in investment properties for several years without reading any books on the subject. Most of my experience was with multifamily houses. When I started contemplating expanding into larger properties I decided to read up on the subject and selected this as one of the first books.
I have been impressed with the content and the style of the book and wish that I had read it before getting into the business in the first place. His business practices and theories seem to be very sound and with a little forethought they can be applied to differing property markets. His examples are fairly well explained and displayed.
Overall this is an excellent read on this subject. That said, I do have some comments for improvement. In the financial explanations and examples he gives brief explanations. While I know this book is not meant to cover Finance 101, I would have appreciated a glossary with a bit more depth to the key financial concepts. Similar Products
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