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Successful Real Estate Investing in a Boom or Bust Market

Larry B. Loftis. Successful Real Estate Investing in a Boom or Bust Market Authors:Larry B. Loftis.
Publisher:Kaplan Publishing
Year:2007
Serie:
Pages:224
Sizes:
Price:2279 rub.
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Book Summary:
Good real estate investors make money in every type of market, whether it is a normal, boom, or bust market - their techniques and strategies are just different for each market. Successful Real Estate Investing in a Boom or Bust Market begins by explaining the economics of real estate. Real estate demand, sales prices, and sales volume are all affected by (and to some extent controlled by) interest rates, inflation, real estate cycles, and state and local economies (and tax laws, if changed). For example, recall that when President Jimmy Carter left office interest rates had skyrocketed to 21.5%. Conventional borrowing for real estate was virtually eliminated. Recall the failure of oil companies and the S & L collapse (triggered in part by the 1986 changes in tax laws affecting real estate) that destroyed the real estate markets in Texas and Oklahoma. On the other side of the ledger, consider the recent boom markets in places like San Diego, San Francisco, Las Vegas, Phoenix, Orlando,...

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