Investing in Condominiums

Investing in Condominiums
Author: Brian Persaud
Publisher: John Wiley & Sons
Total Pages: 306
Release: 2011-11-08
Genre: Business & Economics
ISBN: 1118043855

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A lot of information has been published for those who wish to buy acondo as a principal residence, but not for investors who want toexpand into the condominium market. Investing in condominiums isnot about being caught up in the mass hysteria of lining up to buya pre-construction unit in a "hot neighbourhood" and hopefullyflipping it at a profit when it's built. On the contrary, investingin condos can be a very good way to generate solid returns whendone according to the proven strategies outlined in the book. Investing in Condominiums will show readers the ins andouts of profitable condo investing by sticking to investingfundamentals, carrying out proper due diligence, and having an exitplan. Pre-construction condominiums, especially in Toronto andVancouver are sought-after by both Canadian and internationalinvestors. The stable economy, low-interest rate environment, andappreciating values are a recipe for investor success. Investingin Condominiums gives Canadian investors the nuts and bolts ofundertaking such an investment based on real-life examples andexpert knowledge. By reading this book, the investor can proceedwith full confidence knowing that they are asking the rightquestions, doing the math, and assembling the right team of expertsthat will help them realize their investment goals.

How to Invest in Condominiums

How to Invest in Condominiums
Author: Andris Virsnieks
Publisher: Wiley
Total Pages: 228
Release: 2001-12-11
Genre: Business & Economics
ISBN: 9780471151500

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A simple proven method for improving cash flow so you can live rent-free and retire early How to Invest in Condominiums provides a simple, low-risk blueprint for building cash flow by buying and renting out condominiums. You can provide for your retirement or improve your monthly income by investing in income-producing real estate at a very low risk to the capital you invest. Unlike stocks and bonds, real estate is immune to inflation and a fluctuating stock market and also provides some shelter from taxes-and the return on investment typically exceeds that of the average Wall Street investor! The author includes a plan for getting started and a detailed record of his investments that shows how he grew a considerable cash flow-with only a small commitment of time and effort. This straightforward, realistic guide will help you: * Use this method to establish long-term cash flow * Avoid owning a money-losing rental unit * Use professional property management to save time and money * Avoid "fixer-uppers" v Keep your long-run effort minimal * Live rent-free and retire early! How to Invest in Condominiums is a reliable and realistic way to supplement your income. There are no gimmicks and no strings attached and this is not a get-rich-quick scheme. It's a long-term plan that will help you meet-and surpass-your long-term goals.

Make Money with Condominiums and Townhouses

Make Money with Condominiums and Townhouses
Author: Gary W. Eldred
Publisher: John Wiley & Sons
Total Pages: 312
Release: 2004-04-28
Genre: Business & Economics
ISBN: 0471481173

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In the Make Money series, renowned real estate investor andbestselling author Gary W. Eldred shows you how to profit from thesafest, most reliable wealth builder in the world-real estate. Withcoverage of all the fundamentals-from finding the right propertiesto financing and managing them-Eldred shows you the ropes so youdon't have to learn important lessons the hard way. Unlike generalguides to investing in real estate, each title in the Make Moneyseries gives you the specialized expertise necessary to fullyprofit from a select investment strategy. Make Money with Condominiums and Townhouses shows homebuyers andinvestors how to travel the road to real estate wealth-often withlittle or nothing down. As an affordable investment vehicle,condominiums and townhouses offer numerous advantages over othertypes of rental property-they require relatively little day-to-daymanagement, they tend to attract more desirable tenants than otherrental properties, and they offer low risk and high returns. Fullof time-tested techniques and proven money-making strategies, MakeMoney with Condominiums and Townhouses will show you how to: * Relax while you put your money to work * Find properties with high rates of appreciation * Evaluate homeowner association finances * Choose profitable locations * Understand the changing demographics that may affect yourinvestment * Finance your properties with little or no money down * Achieve positive cash flow quickly * Build up equity * Understand by-laws, disclosure statements, and managementcontracts

How to Buy a Condominium Or Townhouse

How to Buy a Condominium Or Townhouse
Author: Denise L. Evans
Publisher: SphinxLegal
Total Pages: 274
Release: 2006
Genre: Condominiums
ISBN: 1572485566

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The process of the contract, pre-closing issues and closing concerns are reviewed in a step-by-step fashion.

Broke Millennial Takes On Investing

Broke Millennial Takes On Investing
Author: Erin Lowry
Publisher: Penguin
Total Pages: 256
Release: 2019-04-09
Genre: Business & Economics
ISBN: 0525505431

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A guide to investing basics by the author of Broke Millennial, for anyone who feels like they aren't ready (or rich enough) to get into the market Millennials want to learn how to start investing. The problem is that most have no idea where to begin. There's a significant lack of information out there catering to the concerns of new millennial investors, such as: * Should I invest while paying down student loans? * How do I invest in a socially responsible way? * What about robo-advisors and apps--are any of them any good? * Where can I look online for investment advice? In this second book in the Broke Millennial series, Erin Lowry answers those questions and delivers all of the investment basics in one easy-to-digest package. Tackling topics ranging from common terminology to how to handle your anxiety to retirement savings and even how to actually buy and sell a stock, this hands-on guide will help any investment newbie become a confident player in the market on their way to building wealth.

Air for Rent

Air for Rent
Author: Kenneth DePaul
Publisher:
Total Pages: 102
Release: 2018-12-02
Genre:
ISBN: 9781790574551

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What if you could invest in something that all people need, rent it to someone for a profit, and later sell that item for more money? In addition, you can finance that investment with someone else paying off most of the debt and deduct any expenses on your U.S. Income Tax return plus get a tax shelter to boot. The investment is in AIR: Ocean air, Golf Course air, Mountain air, City air, Country air... Where can you find this air to invest in? It is located right between the inside walls in buildings-- called condominiums. Condominiums are just like apartments, except they are deeded property. Condos are located everywhere. They can be owned, rented, sold, uniquely located, and provide amenities no average homeowner can afford-- like swimming pools and golf courses. Condominiums fit today's family lifestyles better than single-family homes, yet, they provide the same tax breaks. Apartment living doesn't provide those tax breaks. In addition, owners can make their condos as unique as they want without worrying about landlord restrictions. What's so great about investing in condos for rent, is that everyone needs a place to live, so there is plenty of demand and investors can buy one instead of a whole apartment complex to get started in real estate investing. In many areas, condominiums typically cost less than the price of a single-family home, which also makes it easier to invest. Air For Rent is a step by step guide that provides you with business recommendations, sample computer tools to copy, and documented experiences for you to leverage to help make you successful in investing in condominiums. By reading this book, you will learn how to: Obtain seed money Select and use computer toolsFind the right location and tenantRent out your condominium, and keep it rentedAssemble a team to run your propertiesLeverage years of business experiencesExpand your portfolio This guide covers the basics of what you need to get started to build up your wealth and income through the purchasing of condos and renting them out. This book is not a get rich quick scheme but a proven method that anyone can execute to become wealthy. The techniques described have been successfully implemented by the author and his experiences are well documented for your benefit. It's now up to you to become wealthy!

Get Rich in Real Estate

Get Rich in Real Estate
Author: Elliot Bogod
Publisher: Broadway Realty Publishing
Total Pages: 240
Release: 2020-02-07
Genre: Business & Economics
ISBN:

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Get Rich in Real Estate is a simple but detailed educational book for real estate investors, outlining the principles of real estate investments that comprise the effective and proven strategy for success. The author, Elliot Bogod, is a Founder and Managing Director of Broadway Realty, a real estate brokerage in Manhattan. With over twenty years experience, Elliot has sold over $2 billion in New York real estate. In this book, you will find: • A list of “magic words” often used in real estate investment, with clear and detailed explanations • Methods for evaluating the locations for your investments, using vibrant Manhattan neighborhoods as an example. • Review of different types of residential investments: condominiums, co-ops and townhouses • Detailed advice on investing in various types of commercial real estate: retail locations, offices, restaurants, hotels, garages and others • Multiple strategies, tactics and techniques for building wealth through your investments • Clear and concise information on mortgages, taxes and laws • Methods for achieving success through managing a team of experts working for you

Everything You Need to Know Before Buying a Co-op, Condo, Or Townhouse

Everything You Need to Know Before Buying a Co-op, Condo, Or Townhouse
Author: Ken Roth
Publisher: Amacom Books
Total Pages: 260
Release: 2006
Genre: Business & Economics
ISBN: 9780814429655

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If you've been thinking about buying a co-op, condo, or townhouse, you probably know that you can't get much useful information from the books about buying houses. The obstacles you face are different-and often a lot more complicated. If you're not fully prepared and properly informed, the buying process and even ownership itself could turn into a nightmare. Price and financial situation are only part of the equation, and it's important to understand all the factors before deciding what sort of home to pursue. Everything You Need to Know Before Buying a Co-op, Condo, or Townhouse is a one-stop guide to the particular challenges of buying, owning, living in and ultimately selling these homes.

How to Manage Condo Investments

How to Manage Condo Investments
Author: Michael Kraynak
Publisher: Createspace Independent Publishing Platform
Total Pages: 144
Release: 2018-03-05
Genre:
ISBN: 9781981645909

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How To Manage Condo Investments is a beginners guide to owning and managing a condominium unit as an investment property. The book provides examples of how two amateur landlords have self-managed a portfolio of condominiums as a side-hustle, and the lessons they learned through the process. It highlights how real estate is a unique activity that involves having a stranger pay you money for the privilege of paying down your debts. The book covers topics such as: * Selecting the right type of property and why the authors focus on condos. * Handling the operations of being a landlord including maintenance, financial, and administrative set-ups, as well as dealing with insurance and the staffs of different buildings. * Managing and turning over tenants from acquiring new ones, keeping existing good tenants, and ending leases properly. * Financing your investment, protecting it from outside influences, and keeping it up to date inexpensively. * Partnering with a team of experts including real estate agents, real estate attorneys, mortgage brokers, general contractors, and maintenance service people to further maximize your time and ensure proper expertise is applied to situations that require it. Real world examples are provided throughout the book and samples of tenant communications, leases, and guidelines are also included. The book showcases that condo investing can be a lucrative side-hustle that can easily be handled with proper planning and organization.

The Ultimate Guide to Buying and Selling Coops and Condos in New York City

The Ultimate Guide to Buying and Selling Coops and Condos in New York City
Author: Neil J. Binder
Publisher: Nice Idea Publishing
Total Pages: 244
Release: 2003-01-15
Genre: Business & Economics
ISBN: 9780967924922

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If you are thinking about buying or selling a coop or condo apartment in New York City, this book is a must! Written by Neil Binder, co-founder and co-owner of the Bellmarc Companies, one of the largest residential brokers in New York City, this book details every essential point you need to know.