How to Buy and Sell Apartment Buildings
by Eugene E. Vollucci
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Book Summary Information
Author: Eugene E. VollucciEdition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2004-06-03
ISBN: 0471653438
Number of pages: 240
Publisher: Wiley
Book Reviews of How to Buy and Sell Apartment Buildings
Book Review: EXCEPTIONAL ..... A GREAT BOOK
Summary: 5 Stars
THE SECOND EDITION OF THIS BOOK IS EVEN BETTER THAN THE FIRST. I GIVE BOTH BOOKS AN EXCELLENT REVIEW. THE AUTHOR USES HIS VAST EXPERIENCE IN BUYING AND SELLING APARTMENT BUILDINGS TO GIVE THE READER A REALISTIC APPROACH TO INVESTING IN APARTMENT BUILDINGS.
HIS "THREE MOVES TO A MILLION" EXAMPLE IN THE BOOK IS BASED ON REAL FIGURES. HE POINTS OUT THAT YOU SHOULD INVEST IN AREAS THAT ARE ANTICIPATED TO APPRECIATE. HE CALLS THEM "POCKETS OF OPPORTUNITY". THEY CAN BE ANYWHERE IN THE WORLD. LOCATION, LOCATION, LOCATION, DOES NOT MEAN LOCAL. HE WANTS INVESTORS TO GO TO AREAS THAT ARE ANTICIPATED TO APPRECIATE.
HE POINTS OUT THAT YOU SHOULD NOT BE "HUNG UP" ON CASH FLOW. THE REAL MONEY IS MADE IN APPRECIATION AND THAT SEVEN OUT OF TEN MILLIONAIRES MADE THEIR MONEY IN REAL ESTATE THROUGH APPRECIATION.
HE TALKS ABOUT WHEN YOU SHOULD INVEST AND AT WHAT AGE YOU SHOULD BE TAKING RISKS. IT IS AN EXCELLENT GUIDE LINE FOR MAKING THE RIGHT DECESIONS ON WHAT TYPES OF INVESTMENT YOU SHOULD BE MAKING.
IN HIS SEMINARS HE GIVES MORE DETAILS ON EACH SUBJEST IN HIS BOOK. BUT IF YOU READ HIS BOOK YOU WILL GET A CLEAR UNDERSTANDING OF HOW TO INVEST IN APARTMENT BUILDINGS.
I CANNOT WAIT UNTIL HE WRITES A THIRD EDITION TO HIS BOOK. HE HAS OPENED MY EYES TO THE REAL WORLD OF INVESTING. CURRENTLY, THERE ARE NO OTHER BOOKS ON THE MARKET THAT EVEN COMES CLOSE TO GIVING YOU THE INFORMATION YOU NEED TO BECOME A SUCCESFUL INVESTOR.
STEVE TODD
EDITOR APARTMENT CYCLES
Summary of How to Buy and Sell Apartment Buildings
Follow a proven path to greater wealth-with the newly updated bestseller How to Buy and Sell Apartment BuildingsThrough 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.
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