Customer Reviews

Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas

5 star:		(23)
4 star:		(3)
3 star:		(3)
2 star:		(1)
1 star:		(2)

 

 

This book is pretty decent providing useful information, although there are some points I disagree with. The purpose of the book is to plug his website and tutorial products. Although the book discusses emerging markets (local markets on the upswing) this is standard advice given in any real estate book. It's not like the whole book specializes on that topic. The book focuses on multi-unit apartment buildings.

More accurate title: Decent book on investing in multi-unit apartments and lots of plugs for my website and products.

Being a full time investor myself - I am always reading other people's books to see if they have an angle to make a project more profitable or an idea that I have not used myself yet.

In David Lindahl's book - I found that it had some good fundamental advice of what types of markets to invest in as well as leveraging other people's time so that you can focus on your own highest and most productive use of your own personal time. Being involved in many multi-unit investments myself - Dave did acknowledge and cover some of the largest pitfalls that one can get into with these large buildings.

However, I did find it a bit discouraging that someone with so much experience is suggesting that complete novices purchase large multi-unit buildings to start with - especially since they have no experience with the fundamentals of investment real estate in the first place. Of which, Dave developed with his single family properties and then moved into larger units which gave him the knowledge based on previous experience.

From Dave's perspective I can see how someone with his experience (starting with single family homes)- could view this today as easy and that even a beginer could do it.

I honestly don't believe that most people - especially beginners, should buy such large complexes to start with. As profitable as they are for experienced investors, one needs to understand the basic fundamentals first. This sounds like the 'get rich quick' type of marketing to beginners that gets people into trouble very quickly.

This book is best suited to someone who has previous experience and is looking to get into larger deals - not beginners. Even for the experienced investor - this book only covers the basics of multi-family investing and it not a technical book. It is more of a promotion for Dave's courses, which may be worth the investment for someone who already owns investment real estate and wants to get into bigger projects.

A friend of mine wants to buy her first house but she wants to read a couple of books first to avoid making any major mistakes in this declining real estate market. As a former realtor, I offered to do some research on Amazon and help her find a right books.

In the process of reading review after review for many real estate investment books, I stumbled upon this one. I read the reviews and bought it kind of impulsively, because it seemed like a good choice for her.

As I got into the book, I found that it was exactly the right book for her, and I found myself impressed and surprised at the quality of the advice included in this book. Although this book was written for real estate investors, I found the information to be really right on the money and I felt that it would translate nicely for someone who wants to buy a single family house.

Typically, investment books exaggerate either the upside or the downside or both. Emerging Real Estate Markets seems pretty real world to me, revealing realistic challenges and rewards for the serious real estate investor.

For me, the most valuable part of this book are the sections that specifically address finding potentially profitable real estate markets BEFORE they become obvious. Very very insightful and helpful.

This is a great book for anyone working in real estate, anyone wanting to buy a house, or anyone who is currently actively investing in real estate.

I am an active real estate investor and have read more books than I would like to admit. I read through this book and while some of the advice is relevant and true, there is not any information that is original or innovative. Several times in the book the reader was advised to go to the author's website for more information than what was contained in the book. I have a hard time paying for a book that advises me to search elsewhere including the author's website, for more info. While this did have some nuggets of info, I would advise the reader IMO that there are other books out there with the same or better content to spend your money on.

Emerging Real Estate Markets is a good book for those wishing to invest in commercial real estate, especially apartment buildings. When I bought the book, I was more interested in investing in individual homes or condos, but that is not the main focus of the book.

With respect to emerging markets, the author doesn't talk about specific up-and-coming markets (e.g. Florida markets, etc.), but he does tell the reader how to identify markets which he refers to as:
- Buyer's Market Phase I
- Buyer's Market Phase II
- Seller's Market Phase I
- Seller's Market Phase II

Most of the rest of the book is about how to do a deal, where to find money, how to inspect the property, etc.

This author clearly knows his stuff and his writing style is good. If you're looking to invest in multi-unit apartment buildings, and you're looking for advice on everything from finding a deal to closing a deal, then this would be a good book to read!

Several years ago David Lindahl was a eager young student of Marc Garrison the author of "Unlimited Real Estate Profit". David even appears on Marc's 21 DVD course. What David has done with his new book is to rip off Marc's work on emerging absorption markets. You should go to Marc's website narei.com to find out more. I would encourage you to read his website selection "The Fifth Migration" and "The Garrison Cycle". Marc started investing in 1978. His profit from his real estate paid for 2 undergraduate degrees, an MBA, then he started work on a Ph.D. in real estate economics. That academic study led him to an understanding of which markets to invest in, which ones to hold in, and which ones to sell in.

I met Marc on one of his BuyingTours. Talk about fantastic. For the past 22 years Marc has knocked home run after home run in 18 new absorption markets. In July of 08 he will open up his 19th emerging absorption market. If you want to be sold / telemarketed contact David Lindahl.

I far prefer Garrison's style - when you call you can talk with Marc if he is not busy. But, if he is busy he will personally call you back as soon as he can. I have studied under 7 or 8 Gurus to date. Marc is the only one that I have ever been able to personally talk with. Marc is a breath of fresh air in the sweat shop hard core telemarketed snake oil sales routine.

This book is impressive overall but Chapter 2 stands out significantly as one of my favorite chapters. Dave explains that every real estate market cycles up and down and that at any particular time each market falls into one of four phases of the market cycle. He also reveals the characteristics of each phase so, not only can you determine what phase your market is currently in, but you can identify which markets are ready to emerge. Most importantly, he gives details on how to invest in each phase of the cycle so you can explode your wealth rather than lose it.

If you are looking to explode your wealth via real estate, this is the book you need to read.

This is the best book I have ever read on real estate. It is what you really need to know about investing nationwide.

When you purchase commercial real estate in the right markets at the right time, your cash flowing deals can earn a greater return than in stagnant or declining markets. David Lindahl demonstrates how you can predict when markets are shifting from an emerging to an absorption to a declining phase so you can apply the appropriate buying, holding and selling strategy to maximize returns before the herd effect shifts markets.

Excellent strategies clearly articulated. Well worth the small investment to improve your financial investments

The book provides excellent insights how to evaluate and find areas to invest in regarding multi family properties. It also provides a basis for finding a team of specialists to help you buy properties and how to calculate the numbers to see if the deal make sense.