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How to Buy and Sell Apartment Buildings |  | Author: Eugene E. Vollucci Publisher: Wiley Category: Book
List Price: $34.95 Buy Used: $4.26 as of 9/5/2010 16:04 CDT details You Save: $30.69 (88%)
New (22) Used (31) from $4.26
Seller: HPB-Outlet Rating: 33 reviews Sales Rank: 605371
Media: Paperback Edition: 2 Pages: 240 Number Of Items: 1 Shipping Weight (lbs): 0.7 Dimensions (in): 8.8 x 6 x 0.7
ISBN: 0471653438 Dewey Decimal Number: 333.338 EAN: 9780471653431 ASIN: 0471653438
Publication Date: June 3, 2004 Availability: Usually ships in 1-2 business days
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Product Description Follow a proven path to greater wealth--with the newly updated bestseller How to Buy and Sell Apartment Buildings Through his popular seminar program, Eugene Vollucci has shown thousands of experienced real estate investors and novices alike how to take advantage of one of the most rewarding investments you can find--apartment buildings. In this bestselling guide, the Volluccis' simple, step-by-step program shows you how to become a real estate millionaire just like they did. With material on new IRS rulings, tips on avoiding common pitfalls, and new advice on assuming loans with delinquent clauses, How to Buy and Sell Apartment Buildings is more comprehensive and complete than ever. This Second Edition includes all the information that you need to find great real estate deals, understand complicated leases and contracts, exploit all the tax breaks you're entitled to, protect your assets, and turn a small investment into millions! With the Volluccis' straightforward, three-step system, you'll be able to: - Gauge markets so you know when to buy or sell
- Read between the lines of property set-up sheets to spot good properties
- Use the latest computer software to accurately evaluate properties
- Develop a marketing plan to maximize profits when selling
- Take advantage of all the recent tax law changes
- Put together an asset protection plan that'll make you judgment-proof
How to Buy and Sell Apartment Buildings, Second Edition also shows you how to concentrate your assets for higher returns, use consultants so you aren't left on your own, set up a family living partnership to protect your assets, and much more.
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| Customer Reviews:
Showing reviews 1-5 of 33
too basic information not current May 7, 2010 stevelle This book is good for buying apartment buildings in the 1980's but his only approach for profiting is when you sell them not on the actual rent roll! I found book to be interesting about the basics, but not for today's market and not for making real money.
good sevice good book May 17, 2009 Paul Ehrmann informaive book with the detail needed to take on the complex business ofbuying rental property.
A curate's egg January 24, 2008 Nicholas A. Lawrence I agree with all the points made in the bad reviews, especially those that point out that Vollucci's history is strictly hypothetical (something that the text glosses over). There are also missing pieces of information. Quite a few reviewers have pointed out that he never points out how to calculate IRR. Also, many of his data sources are out of date and he never shows off his much-vaunted (hypothetical?) computer model.
However there are some good points to the book too. One is that the author advocates an analytical approach to finding the best location and property, and offers a framework for doing so. Many books are not as thoughtful about doing your homework. Another good point is his treatment of tax affairs. For example, he offers a series of points to make sure you receive the maximum benefit from actively managing the property.
If you're only going to buy one real estate investment book, this should not be the one. But it has useful points to supplement other books.
Great Book for The New Apartment Investor September 25, 2007 Darrick H. Scruggs (Farmington Hills, MI) 1 out of 1 found this review helpful
This book is the best book I have read for the new investor that may be looking to transition from Single Family Properties into larger more profitable units like small to medium sized apartment building. I used his book as a model for my ascension into buying Apartment Buildings. Using his strategies were like taking money from a baby, the things to say, the usual questions and concerned i answered with Confidence. I went from 10-20 units over 4 years to 70-plus units in 12 months using his partnership techniques.
It is a must have for individuals that want to ascend to larger Real Estate Deals. The book could easily be 5 times the price.
Uri Gofman reviews How to Buy and Sel... August 9, 2007 Uri Gofman (Cleveland, OH USA) 1 out of 1 found this review helpful
An informative and practical guide to building an ever increasing portfolio of apartment buildings. Good information difficult to find elsewhere.
Showing reviews 1-5 of 33
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