Venturing to the superb world of condominium conversions and
property investing needs a whole lot of learning and education. Among the most recommended methods to obtain the info that you will need would be to read books which were written by people who have been through the experience and have lots of wisdom and insight to share. If you're the entrepreneurial type, this isn't probably a brand new concept for you, since you probably already know, the best approach to become successful would be to do what other successful men and women are already doing. Here are the 5 best novels you have to read to help steer you through your condominium conversion travel.
The Complete Idiot's Guide to Commercial Real Estate Investing
by Stuart Leland Rider
This publication, now in its third edition includes a plethora of information for your person who's completely new to property investment. It's been recently upgraded to include current information on commercial property trends. It will include many pages on condominium conversion information especially, but the majority of the info is concerned with overall specifics of investment. The coverage of this subject is quite comprehensive and the book has received great reviews as a resource and learning tool.
How to Make Money in Commercial Real Estate for the Small Investor
by Nicholas Masters
Another excellent source for the novice investor, this book too covers all elements of both residential and commercial investing. Even though there's hardly any coverage of condominium conversion especially, it will provide great info on acquiring and assessing apartment buildings and related complexes which are the types of properties most frequently employed for converting.
Purchase, Rehab, and Reposition Commercial Investment Property
by Michael H. Zaransky
Although this publication has received significantly less than wonderful testimonials for its own information on property investing generally, it will include more specific information about condominium conversions. You will find helpful samples of condominium conversion purchase arrangements, profit and loss statements, in addition to personal examples of condominium conversion adventures which have rehabs of little structures, multifamily buildings in addition to a resort to condominium conversion.
What Every Real Estate Investor Needs to Know about Cash Flow. . .and 36 Other Key Financial Measures
by Frank Gallinelli
This publication focuses on all of the financial information you want to know for a successful property agent. You'll find invaluable advice on assessing properties for investment and determining a home's possible return on investment. There are loads of templates and forms to use and download.
How to Buy and Sell Apartment Buildings
by Eugene E. Vollucci
And lastly, here's a book which will be most helpful in your hunt for just the ideal apartment buildings to purchase to get a booming condominium conversion. This publication covers many typical real estate investment problems also, but focuses primarily on the very best strategies to get flat properties and earn money on the offer.