• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 40,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

  2. Forum *Official* Book Discussion
    Atomic Habits by James Clear

    The forum has voted to discuss this book. Grab it, discussion begins soon!
    Buy: Buy | Discuss: Atomic Habits, by James Clear (Review | Discuss)

Review: The Complete Guide to Buying and Selling Apartment Bldgs

Discussion in 'Education, Learning, Books' started by gita73, Sep 11, 2007.

  1. gita73
    Offline

    gita73 New Contributor

    Messages:
    7
    Likes Received:
    3
    Joined:
    Sep 5, 2007
    Rep Bank:
    $48
    Author - Steve Berges

    This book was recommended to me by Steve O. I have put a lot of credence in this book since it is one of the two books that Steve has based his whole apartment investing process on. And, as you all probably already know, Steve is extremely successful in multi-family property investing.

    On with the review...

    I think that the author, Steve Berges, takes a nice, systematic approach to explaining the basics of investing in apartment buildings. Furthermore, he explains that to reach your maximum potential in the investment of apartment buildings, one must leverage his strategy of "the value play".

    Berges outlines very well all aspects of investing in apartment buildings (how to create value, how to perform the financial analysis when evaluating a property, negotiating and the due diligence process, financing, and on to closing the deal as well as options for your exit strategy). He uses examples from his personal experience to show where it would have been easy to make a mistake (in either the evaluation of a property, negotiating deals, etc.). I found that to be very helpful.

    I think if this book missed anything, it was what factors to look for in determining the geographical area you would want to focus on when looking for properties. However, as I understand it, this is the focus of Vollucci's book.

    Overall, great book for both someone looking to get into the multi-family property market, as well as an experienced apartment building investor.

    On to Vollucci....as soon as amazon decides to deliver it to me.
     
    SteveO likes this.
  2. SteveO
    Offline

    SteveO Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    3,411
    Likes Received:
    13,238
    Joined:
    Jul 24, 2007
    Rep Bank:
    $91,823
    Re: Review: The Complete Guide to Buying and Selling Apartment Bl

    I especially like the value play concept. His systematic approach to the due diligence is good as well.

    It is amazing how much value can be added to a property with just a bit of knowledge. Thanks for posting this.
     
  3. andviv
    Offline

    andviv Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

    Messages:
    5,392
    Likes Received:
    2,140
    Joined:
    Jul 27, 2007
    Gender:
    Male
    Location:
    Washington DC
    Rep Bank:
    $3,287
    Re: Review: The Complete Guide to Buying and Selling Apartment Bl

    Very good book, easy to read. Thanks for posting this review.
     
  4. Bilgefisher
    Offline

    Bilgefisher Bronze Contributor Read Millionaire Fastlane

    Messages:
    1,849
    Likes Received:
    272
    Joined:
    Aug 29, 2007
    Location:
    Aurora, Co
    Rep Bank:
    $373
    Re: Review: The Complete Guide to Buying and Selling Apartment Bl

    Ive been reading this book, so far so good. Seems very in-depth.

    On page 91 Berges recommends the book The Complete Guide to Real Estate Finance: How to Analyze Any Single-Family, Multifamily, or Commercial Property by Hoboken. Anyone's thoughts on this book?
     
  5. Bilgefisher
    Offline

    Bilgefisher Bronze Contributor Read Millionaire Fastlane

    Messages:
    1,849
    Likes Received:
    272
    Joined:
    Aug 29, 2007
    Location:
    Aurora, Co
    Rep Bank:
    $373
    Re: Review: The Complete Guide to Buying and Selling Apartment Bl

    Just finished this book. I enjoyed his systematic approach to apartments. Many great guidelines to follow within this book.
     

Join 1000s of entrepreneurs who are rewriting life's script and winning financial freedom.

---- ----

You must be a member to join the conversation.

Create Account

Join the community fast and easy!

REGISTER

Log In

Already have an account? Login here.

LOG IN

Share This Page