Drawing from the classic lessons of economics, his personal experience in profiting during bear real estate markets, case studies from across the nation and the latest information on programs newly available to the public, R. Donahue Peebles - author of The Peebles Principles - presents his latest treatise on building wealth in America. And in the case of Counter Crash, Peebles' timing could not be more perfect. "What is happening in America today is an over supply of housing," says Peebles, a real estate entrepreneur with a personal fortune in excess of $300 million. "It was caused by overbuilding and now is being fed by literally millions of foreclosures dumping more product onto the market. It is a perfect environment to make a great deal of money, if you are smart about it." In "The" "Peebles Path to Real Estate Wealth," Peebles gives readers a clear understanding of what caused the current crisis and what we can expect to happen based on similar real estate downturns in the early 1970s and early 1990s. He then shows readers how they can benchmark real values in housing and use these metrics to take advantage of buying opportunities. "This book is for the everyday person," says Peebles. "It's not about high-finance, or hundred-million dollar deals. It's about how the small investor, and the small homeowner, can not only protect themselves but how they can make money in any environment. And the opportunity is here, right now."
Introduction.The Opportunity Of Setbacks (Why I Wrote This Book).Part One. A Recent History Of The Real Estate Roller Coaster.Chapter One. The Big Bang: The Post-2000 Real Estate Explosion.Between 2000 And 2006, Mortgage Interest Rates In The U.S. Fell In Half. That Started A Feeding Frenzy, Which Sent Housing Prices To Dizzying Heights.Chapter Two. The Great Flood: The Oversupply Of Housing.Combined With The Growing Thirst For Inventory, Spiraling Prices Encouraged Developers To Build More Projects. And Guess What? Blind To The Downturn, They Built Way Too Much.Chapter Three. Down Time: The New Buyers' Market.Because Of The Credit Crunch And The Oversupply, We Are Now On The Down Slope Of The Housing Bubble, With Prices Dropping Across The Country. That Means Opportunities Are Everywhere.Part Two. Fundamental Tools For Real Estate Investing.Chapter Four. Information Please: Where To Find The Data.The Good News About Real Estate Investing Is That Anyone Can Do It. Having Said That, You Need To Do Your Homework To Make A Superior Investment.Chapter Five. Adding It Up: A Crash Course In Valuation.Figuring Out The Value Of A Piece Of Property - What It's Really Worth - Is Both An Analytic And Creative Process. It Is Also Fundamental To Making A Good Investment.Chapter Six. The Big Guns: Finding Help From The Government.If You Want To Buy Property, Or Protect Property That Is Now Threatened By Skyrocketing Mortgage Payments, Don't Discount The Power Of Government Programs.Chapter Seven. Money Talks: Negotiating With The Lender.The Average Person Who Goes To A Bank For A Mortgage Figures It's Not Negotiable. Wrong. Here Are A Few Helpful Insights To Help You Negotiate With The Man Behind The Curtain.Part Three. Creating Wealth In The New Landscape.Chapter Eight. Boom To Bust: Making Money In Down Times.To Understand The Current Situation You Have To Look Back At Historic Real Estate Cycles, In Particular To The Real Estate Crisis Of The Early 1990s.Chapter Nine. Fundamental Values: Buying In The Right Regions, Cities And Neighborhoods.A Big Aspect Of The Current Real Estate Crisis Is That It's Indiscriminant. It's Hurting Every Market In The Country, Even Places With Solid Fundamentals. And That's Where To Buy.Chapter Ten. Specific Observations: Making The Deals.Once You Understand Current Values - Where To Buy And When To Buy - You Still Have To Make That Perfect Deal. So Size Up Your Seller.Chapter Eleven. Techniques, Tactics And Tricks: Useful Tools To Make Money.Understanding Real Estate Principles Is Vital, But It Also Helps To Know A Few Things About Auctions, Foreclosures, Bank-Owned Properties And Contracts For Pre-Construction Sales.Chapter Twelve. Outside The Residential Box: Investing In Commercial Real Estate.The Opportunities In Real Estate Go Beyond The Residential Marketplace; Should You Consider Investing In Commercial Properties?Appendix. Saving Your Bacon.(How To Avoid Getting Swept Under By The Sub-Prime Tide).Chapter Thirteen. Be Like The Rich: Change Your Way Of Thinking.In America We Have Been Conditioned To Follow The Rules. But What Happens When The Rules Change And The System Does Not Protect You?Chapter Fourteen. Showtime: Dealing With Your Lender.The First Lesson In How To Think (And Act) Differently Is How To Renegotiate. Even If You Have A Bad Mortgage, You Have More Leverage Than You Think, Even In Foreclosure.Chapter Fifteen. Know When To Fold 'Me: The Time To Walk Away, And How To Do It.Sometimes It No Longer Makes Sense To Fight For A Property. Then You Need To Know How To Get Out With The Least Possible Damage.
(0 Comentarios)
