Tải thêm nhiều sách www.com tại : FM JWBK177/Ross April 17, 2008 9:27 Char Count= FORECASTING FOR REAL ESTATE WEALTH Strategies for Outperforming Any Housing Market ED ROSS John Wiley & Sons, Inc. Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= FORECASTING FOR REAL ESTATE WEALTH Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= FORECASTING FOR REAL ESTATE WEALTH Strategies for Outperforming Any Housing Market ED ROSS John Wiley & Sons, Inc. Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= This book is printed on acid-free paper. ∞ Copyright C 2008 by Monarch Group LLC.
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Real estate business—United States—Forecasting.63 240973–dc22 2007052399 Printed in the United States of America. 10 9 8 7 6 5 4 3 2 1 Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= To all real estate entrepreneurs who dare to join the nation’s largest group of self-made millionaires and to all homeowners who choose to take charge of the wealth accumulation derived from homeownership. Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= CONTENTS PREFACE xi PART ONE FOUR BIGGEST QUESTIONS CHAPTER 1 What Should I Know about Market Cycles? 3 How Millionaires Make Their Fortunes from Forecast Appreciation, 4 Make Money from a Slowdown, 5 Why Using a Forecast Is a Good Idea, 8 Why Not Using a Forecast Is a Bad Idea, 9 Integrating a Forecast into a Real Estate Strategy, 10 CHAPTER 2 What Should I Do over the Next Five Years? 15 When to Buy, Sell, or Hold, 15 Seasonal Forecasting Strategy, 20 Selling at the Peak and Buying at the Low, 26 What Is the Best Strategy for Investing Today? 28 Which Investment Strategy Is Easiest and Most Lucrative? 29 Should I Wait a Year or Two before Investing in the Market? 29 CHAPTER 3 How Do I Look Up My Forecast for Property Appreciation in a Specific Neighborhood? 33 Capitalize on a Slow Real Estate Cycle, 34 Use Forecasts to Be Competitive in Property Investing, 35 Primary Forecast Variables and Resulting Values, 36 Calculate the Next Seven Years, 40 CHAPTER 4 How Can I Identify the Property That Will Make Me the Most Money? 47 Homeownership versus Renting, 48 Earn Back a Down Payment Quickly, 52 vii Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= viii CONTENTS Select the Property with the Greatest Appreciation and Lowest Vacancy, 54 Amenities in Investment Properties, 61 Combining Successful Purchase Negotiation with Appreciation, 62 Why the Real Estate Cycle Influences Each Property Differently, 63 Matching Buying Strategy to Metro Location, 66 PART TWO METHODS AND SYSTEMS FOR BUYING, SELLING, AND FINANCING CHAPTER 5 Four Methods to Sell in a Declining Forecast Cycle 71 Challenges of Selling in a Slow Cycle, 72 Prevent Seller’s Remorse by Using a Forecast, 72 Four Selling Methods to Beat Any Cycle, 73 CHAPTER 6 Four Financing Resources When Lenders Are Reluctant to Lend 85 How Do Traditional Lenders Evaluate? 86 Alternative Financing Methods, 91 Seller Financing, 93 Realtor Contribution, 100 Renter Contribution, 100 Investor Financing, 100 CHAPTER 7 Six Ways to Maximize Wealth Accumulation 105 Buying Expensive or Well-Known Is Not Always Better, 105 Buying Local versus Buying Cross-Country, 106 Select the Best Property Management Firm, 107 Partial Property Management Outsourcing, 108 Select the Best Investment Area, 111 Understand Remote Property Valuations, 114 CHAPTER 8 Key Financial Wealth Evaluators 117 Calculate Your True Rate of Return, 117 Always Measure Your Cash-on-Cash Return, 121 View Your Capitalization Rate with Caution, 122 Critical Financial Evaluators for the Next Five Years, 123 Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= Contents ix PART THREE STRATEGIES FOR INVESTMENT AND WEALTH CHAPTER 9 The Best Investing Strategy for Wealth in a Difficult Market 127 Secret Preventers of Real Estate Wealth, 128 Things to Know about Real Estate Investing that Others Do Not Tell You, 129 The Most Productive Wealth Accumulation Strategy for the Next Five Years, 131 CHAPTER 10 Investing Strategies for Wealth in a Robust Market 135 Build Your Financial Statements in Advance of Acceleration, 135 Exiting Short-Term Investments before Seasonal Change, 136 Using a Short-Term Investment Strategy, 137 Using a Long-Term Passive Cash Flow Investing Strategy, 138 Leveraging Assets for Liquidity, 138 CHAPTER 11 Starting from Zero: Techniques for Buying Preforeclosure and Other Strategies 141 Active versus Passive Investing, 141 “Subject-To” Active Investing, 145 Tactics and Procedures, 146 PART FOUR BUILDING A BUSINESS CHAPTER 12 Legal Entity Protection 151 Formation of a Layered Plan, 152 Administration of the Land Trust and Limited Liability Company, 154 Additional Layers, 156 CHAPTER 13 Financial Calculations Paramount to Success 157 Annual Property Operating Data Sheet, 157 Annual Property Standard Variables, 158 APOD Indicators, 160 Five-Year Proforma, 162 CHAPTER 14 The Ultimate Wealth System: Three Years to a Million 167 Determine Financial Position, 168 Define Acquisition Guidelines, 175 Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= x CONTENTS Choose Buying Strategies, 175 Create a Plan, 176 Buying Area Analysis, 179 Profitable Buying Plan, 182 PART FIVE RESOURCES CHAPTER 15 Top 10 Recommended Cities in the United States with Appreciation 187 Top 10 U. Cities, 188 APPENDIX A Metro Forecast 15-Year History by State 197 APPENDIX B Metro Alphabetical Forecast 211 APPENDIX C Free Edsforecast.com Membership 229 INDEX 231 Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= PREFACE You can achieve million-dollar returns in the real estate market with ease if you un- derstand how to outperform the real estate cycle.
Real estate entrepreneurs achieve millionaire status from positive cash flow returns and equity appreciation. Equity appreciation is tightly integrated with current economic conditions and the future prediction of real estate values. Integrating your investing strategy with a forecast provides you with a strategic winning advantage; it gives you the means to capitalize on any market condition and produce million-dollar results. The vast majority of real estate books describe how owning real estate for the long term will produce positive financial results.
Dozens—if not hundreds—of tech- niques exist for making money in real estate. In fact, techniques for financial gain exist for almost any form of investing (real estate, stocks, mutual funds). Real estate is the only form of investment that rarely has devoted subject matter to market trending or forecasting. Entire sections of libraries and bookstores are dedicated to- ward trending stocks and liquid cash.
Why not real estate forecasting? The answer is simple: Real estate moves slower so investors tend to forget how important trending really is until a real estate market slowdown. Then everyone wants to understand the trend. Great news! Since real estate ups and downs move slowly over time, the trend is easier to predict and measure, compared with financial market investments; so all investors of real estate owe it to themselves to become knowledgeable in the short- and long-term trends of real estate investment. The forecast resource should become the primary decision criterion tool for seasoned investors, especially during a market slowdown.
The sad reality is that, until now, the measurement of trends in real estate was reserved for individuals or companies with large financial resources to accommodate in-house forecasting staff or the hiring of consultative support. Most investors simply would read local newspapers or consult other media to make a best guess at local markets. But using a best-guess method to measure future appreciation is always risky and often catastrophic to the holder, especially when appreciation typically accounts for over 50 percent of investor profit. The 2006 real estate slowdown re- sulted in many investors finding themselves locked into properties that could not sell for the purchase price in 2007.
The dramatic increases in foreclosure property in 2007 are proof that many investors were unable to liquidate their properties in xi Tải thêm nhiều sách tại : www.com FM JWBK177/Ross April 17, 2008 9:27 Char Count= xii PREFACE a timely manner for prices that would prevent bank default. Those investors would have greatly benefited from a real estate forecast. real estate market entered a cyclical change that resulted in flat or declining values for many properties. More people are demanding answers on how to handle these cycles.
First-time buyers want an easy answer about whether renting is better than buying over the next few years. Everyone wants to know if a particular property is a good investment or a bad one. How can you tell whether the property is forecast to go up or go down over time? Which method of investing is best to follow to achieve faster million-dollar returns during the present real estate cycle? Why do some people have the answers, while others are best guessing? What is the exact financial benefit or disadvantage between prospective purchases? How can buyers avoid being locked into properties that will be difficult to sell? How can people sell property faster? Where are the best U. cities for investing? Which properties should you purchase for maximum investment returns? How do you time the market and make the most out of it? Anyone who is a homeowner is also a real estate investor.
We all want to know how our home stacks up against the rest of the market.