The Commercial Real Estate Investor's Handbook: A Step-by-Step Road Map to Financial Wealth [Paperback]

Steven D. Fisher (Author)

Book Description

Publication Date: November 30, 2007

Posting the second-largest gain on record, prices of commercial properties sold by institutional investors surged 19 percent in 2010 a fact revealed by MIT Center for Real Estate Transaction Based Index. Now you can discover how to make money investing in commercial buildings, warehouses, apartments, mobile home parks, shopping centers, hotels, and other commercial income property. This comprehensive book provides invaluable information about how to identify opportunities, determine property value, acquire, finance, and manage commercial real estate. This book is a must-have for beginning investors, real estate veterans, commercial brokers, sellers, and buyers. Real estate investing has created more millionaires than any other investment vehicle in this country. This comprehensive step-by-step proven program shows beginners and seasoned veterans alike the ins and outs of commercial real estate investing. This book is a road map to successful investing in real estate. You do not need to re-invent the wheel, and you won t have to make the same mistakes others have. Investing in real estate is one of the safest and smartest investments you can make. Real estate appreciates at a rate far greater than the rate of inflation, builds equity, provides a steady return on investment, provides cash flow, and can offer substantial tax benefits. This new exhaustively researched book will arm you with hundreds of innovative ideas that you can put to use right away. This book gives you the proven strategies and actual case studies from experts to help you invest better and wiser with less time and effort. A sampling of what is covered in this encyclopedic book includes: how to find below-market deals, how to invest with little or no down payment, how to obtain seller financing, and how to conduct foreclosures and REOs. Once you have found your investment property, you will know how to negotiate, how to make purchase offers, how to manage a rental property, and how to flip. These terms will become part of your everyday vocabulary: auction, tax sales, financing, mortgage, agent, cash flow, inspection, contract, tenant, lease agreement, insurance, taxes, accounting, and escrow. Also included is information on development, taxation, and exchange rules and regulations. This book is loaded with case studies and success stories--from real people--as well as essential mathematical calculations and sample forms. You will uncover secrets that expert real estate investors use every day. This comprehensive resource contains a wealth of modern tips and strategies for getting started in this very lucrative area. This book is the foundation for understanding how to invest in real estate.

Product Details

• Paperback: 288 pages
• Publisher: Atlantic Publishing Company (FL) (November 30, 2007)
• Language: English
• ISBN-10: 1601380372
• ISBN-13: 978-1601380371
• Product Dimensions: 9 x 6.1 x 0.7 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 3.9 out of 5 stars  See all reviews (11 customer reviews)
• Amazon Best Sellers Rank: #696,521 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

2.0 out of 5 stars limited details, very basic info you could find on the web, October 5, 2009

By 

Critical Thinker "sometimes" (Salt Lake City, UT) - See all my reviews

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This review is from: The Commercial Real Estate Investor's Handbook: A Step-by-Step Road Map to Financial Wealth (Paperback)

I guess I should've known better to look at the author's credentials before I purchased the book. Steven D. Fisher is an independent writer, illustrator, and instructional designer. (exerpt taken from the book bio at the back) Not necessarily the best person to learn the complexities of commercial real estate from. The book had some useful business and very basic real estate refresher type material but lacked the details I was expecting to find for a book entitled 'The Commercial Real Estate Investors Handbook'. I have a background in commercial real estate finance and found the lack of detail in the 'commercial loan documents' section neglecting critical details about how loan documents can make or break a deal and you as the investor. If you know absolutely nothing about commercial real estate, this book would be helpful as a simple introduction but nothing more.

8 of 9 people found the following review helpful:

1.0 out of 5 stars Very dissapointed, November 22, 2009

By 

aru2310 (New York, NY) - See all my reviews

This review is from: The Commercial Real Estate Investor's Handbook: A Step-by-Step Road Map to Financial Wealth (Paperback)

ABSOLUTE WASTE OF MONEY & TIME. WHATEVER YOU DO, DO NOT PURCHASE THIS BOOK. HERE IS MY OPINION: As a professional residential real estate broker & investor for the past 10 years I purchased this book to get a glimpse into commercial real estate investing. However, to my surprise this book is nothing more than opinions that are worthless. The author speaks in general terms throughout the entire book and never discusses real "how-to" dive into commercial investing. Furthermore, he talks about sourcing real estate deals by implementing residential tactics such as cold calling and partnering up with real estate agents or doing drive-by on properties. Just imagine reading the "intro sections" of a real estate 101 section from 10 books on a shelf, however this time you have 25 chapters of introductory opinionated material. Please DO NOT BUY THIS BOOK!

4 of 4 people found the following review helpful:

1.0 out of 5 stars The worst real estate book I have ever read., June 16, 2010

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For You "Mathias" (Mortensen) - See all my reviews
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This review is from: The Commercial Real Estate Investor's Handbook: A Step-by-Step Road Map to Financial Wealth (Paperback)

This book is for kindergarten level investor. Book is easy to read and the author lays out concepts that is common sense but lacks any benefits for its reader. If you are a novice, this book is for you. I stopped reading after page 16, then skim through the rest of the book in less than 10 minutes. Some parts are clearly erroneous. Here is a sample excerpt from the book. Please tell me if this is logical: "An apartment building appreciates faster than single-family homes because it costs more in the first place. A single-family home worth $300,000 appreciating at 10 percent generates $30,000 worh of appreciation. An apartment building worth $1,000,000 will generate $100,000 worth of appreciation at 10 percent, meaning more cash in your pocket" Now, people who gives 5 stars, ARE YOU SERIOUS???