The Complete Guide to Investing in Rental PropertiesMcGraw Hill Professional, 2004 M05 21 - 288 pages Maximize profits in the single-family and multi-unit rental market You probably know that small rental properties are among the safest, most affordable, and most profitable investments around. With the a little help, however, you can minimize both your investment and your costs and send your profits straight through the roof! In this comprehensive handbook, real estate investing expert Steve Berges reveals the secrets that have made him one of the most successful entrepreneurs in the field. He shows you all of the indispensable tricks of the trade, explains why they are so important, and connects them to other essential steps for super-profitable investing. Arming you with his Five Golden Rules for Success, Steve Berges also shows you how to:
With Steve Berges' expert guidance and no-nonsense advice, you can maximize your investment, minimize your time and effort, and make the most of every foray into the real estate market. |
From inside the book
Results 1-5 of 7
... average sales price of $19,300 in 1963 to $228,300 in 2002 (see Exhibit 1-1). This is a total increase in value of ... average, an estimated $1,141,500. Exhibit 1-1 Historical new home sales: average sales price and 4 How to Buy Rental ...
Steve Berges. Exhibit 1-1 Historical new home sales: average sales price and percent growth, 1962–2003 $250 1200% e c i r P s elaS e m o H e g a r e v A i $200 $250 $100 $50 $0 0% 1963 1976 1989 2002 1000% s d n a s u o h T n 800% 600 ...
... average annual rate of 6.37 percent, however, should prove to be a reliable indicator of what we can expect in the future. Dr. David Berson, vice president and chief economist for Fannie Mae, attended the American Housing Conference in ...
... average real gross domestic product (GDP) growth of 3.4 to 3.5 percent, versus 3.2 percent during the 1990s (see Exhibit 1-2). In addition, Dr. Berson's forecast for fixed-rate mortgages is 7.2 to 7.5 percent, versus 7.9 percent during ...
... average annual rate of price appreciation of 6.37 percent, which is the historical average for the 40-year period from 1963 to 2002 we discussed earlier. Now look at the results in Exhibit 1-7. If you do nothing more than just maintain ...
Contents
Section 2 How to Manage Rental Properties the Smart Way | 133 |
Section 3 How to Sell Rental Houses the Smart Way | 203 |
Afterword | 246 |
Glossary | 247 |
Index | 270 |