Practical Finance for Property Investment provides readers with an introduction to the most fundamental concepts, principles, analytical methods, and tools useful for making investing and financing decisions regarding income-producing property. The book begins by considering how to value income-producing property by forecasting a property's cash flows and estimating appropriate discount rates. It then discusses how both debt and private equity are used as methods to finance a property's acquisition. The book provides a thorough discussion of the taxation of property income as well as how investors can quantify the risks to investing in property. The book concludes with important considerations for investors when their investment thesis does not come to fruition. Practical Finance for Property Investment offers a unique and novel pedagogy by pairing each book chapter with an in-depth real-world case study, which forces readers to confront the occasional tensions between finance theory and property investment practice. The book is designed for investors and students interested in learning what finance theory implies about property investment. Readers and Instructors can access electronic resources, including the spreadsheets used in the textbook, at the book's website: www.routledge.com/9780367333041.

This book evaluates the capacity of new democratic regimes to promote redistributive agrarian reform, an issue of concern to developing countries throughout the world. The author analyses the problems caused by political liberalisation and social and economic reform by examining in detail the formulation and implementation of agrarian reform in the Philippines under the governments of Corazon Aquino and her successor, Fidel Ramos. He reveals how the interaction between state and society shapes policy decisions, showing that what is needed for successful agrarian reform is a combination of sustained, forceful political leadership and grassroots agitation by peasant organisations. The author concludes that the new Philippine democracy has proved more conducive to redistributive reform than the authoritarian Marcos regime but has still failed to implement the more controversial and costly elements of the reform policy.

Residential Real Estate introduces readers to the economic fundamentals and emerging issues in housing markets. The book investigates housing market issues within local, regional, national and international contexts in order to provide students with an understanding of the economic principles that underpin residential property markets. Key topics covered include: Location choice in urban areas Housing supply and demand Housing finance and housing as an asset class Demographic shifts and implications for housing Sustainable homes and digitalisation in housing Drawing on market-level information, readers are encouraged to recognise the supply and demand drivers and modelling of dynamic housing markets at various spatial scales and the implications of trends within an urban and regional context, e.g. urbanisation, ageing population, migration, digitalisation. With research-based discussions and coverage of relevant literature, this is an ideal textbook for students of residential real estate, property and related business studies courses at UG and PG levels, as well as a reference book with research topics for researchers. This book will also be of interest to professionals and policymakers.

Research shows that high-performing organisations focus on diversity and inclusion (D&I). In any workplace, it is important to both understand and recognise the benefits that having a D&I workforce provides. It is integral to developing people within an organisation, serving clients as best we can, and playing an important leadership role in communities. This book is the first to place D&I at the centre of successful real estate and construction organisations. It provides guidance to, and most importantly, actions for professionals in the sector who want to make D&I an inherent part of the culture of their organisation. This book has been written to bring the sector up to speed with what D&I is all about and how a D&I strategy can be implemented to secure future success. It presents a practical and easy-to-read guide that can help organisations and their leaders engage with and apply this agenda to win the war for talent in real estate and construction. This book is essential reading for all property leaders and professionals working in the real estate and construction sectors. Readers will gain especially from personal reflections on all aspects of diversity by a broad range of people working in the property industry.

Homebuyer Rollercoaster gives readers the upper hand in gaining equity versus throwing their money away. Buying a home can be an emotional rollercoaster, especially when so many families are led to believe they cannot own a home. Homebuyer Rollercoaster helps readers navigate the ups and downs of buying a home while also helping them to save money and keep their sanity. Monica Benitez uses her real estate expertise to help homebuyers achieve their goal of owning a home, even if they have been told it's not possible. Within Homebuyer Rollercoaster, readers learn how to: Select the right home for themselves and their family by learning to dominate the homebuying process Create their Homebuyer Blueprint, which will help them reach their desired outcome Budget with down payments and closing costs Monica Benitez offers a wonderful guide for readers to follow when trying to navigate the world of buying a home.

This book is a must have for those estate agents who want to work more effectively in order to grow their business and profits. With 12,000 separately owned estate agencies in the UK this book illustrates how new technology and working practices can revolutionise the industry. Technology can help to improve the competitiveness and sometimes-tarnished image of estate agents in the eyes of the general public. The book contains case studies from international markets and shows how competitive the industry is and how each competitor needs to adopt new approaches to outwit rivals - and to reassure an increasingly sceptical public that agents are worth using, add value and earn their commission.

The book provides the investing public, real estates practitioners, regulators, and real estate and finance academics with up-to-date information on what modern scholarly research tells us about Real Estate Investment Trusts (REITs). REITs are credited to allow institutional and individual investors to invest in real estate via a corporate entity. The increasing interest in REITs as indicated by their growth in market capitalisation and institutional holdings in the United States and around the world suggests that REITs are becoming an increasingly important part of investors' diversified portfolio.

Property asset management requires both day-to-day oversight of rental properties and an ability to maximize the potential of the portfolio through forward thinking and practical planning. Successful property managers must be flexible and proactive whilst maintaining a robust knowledge of technical, financial and legal aspects of the leasing system. Property Asset Management is a practical guide to the key principles of successful property management, perfect for both student and practitioner alike. In this book, Douglas Scarrett and Jan Wilcox demonstrate how to successfully manage properties for the varying needs of clients ranging from individual property owners to large international commercial ventures. As well as the basic theory, Property Asset Management discusses the process of active management, the strategic objectives, performance measurement, and the key financial and operational information needed for high quality and comprehensive reporting to clients. This fourth edition has new chapters on corporate real estate and financial management, and has been extensively rewritten to incorporate recent developments in property management. Software screenshots are used to illustrate salient points and readers are provided with a thorough overview of the latest legal aspects of land ownership and tenancy arrangements. With everything you need for successful property asset management, this book both caters for the needs of RICS accredited and business courses and serves as a handy guide for everyday practice.

This new edition of Reporting for Buyers provides guidance for the surveyor on setting out the findings of the inspection in a clear, unambiguous and unequivocal way. The book provides a full, critical look at the current situation, describing the various types of report currently available to the public for commissioning. The limitations and attributes of these reports are discussed and their respective forms of advice considered in detail, together with the advice provided to buyers which is a legal requirement to Scotland. The authors stress the need for Surveyors to demonstrate their all-round abilities by putting themselves in their client's shoes to provide advice appropriate to their needs and requirements. In doing so they set out a cogent criticism of the standardised forms of advice offered to buyers and the lack of transparency in how they are presented by comparing what is seen by the client and what is set out in the various guidelines available. Surveyors will find the site notes and sample reports invaluable in demonstrating how the same dwelling can be described in the reports available. Sample reports include: mortgage valuation report RICS Condition Report RPSA Home Condition Survey Scottish Single Survey and the RICS Home Buyer Report. This book is intended for all those engaged in inspecting and reporting on dwellings, whether experienced , newly qualified or studying for appropriate qualifications to become members of professional institutions. It will also be found useful to conveyancing solicitors acting for lenders.

Relatable stories, complex concepts broken down into bite-sized pieces, and an overall optimistic tone makes The Real Estate Journey an easy, enjoyable read for those who have an interest in real estate or business ownership. Dr. Brian P. Simon provides a guide for those who want to get started on working towards their dreams and goals, as well as detailed steps for buying a first home and what it takes to become a successful real estate agent or investor. The Real Estate Journey includes a step-by-step guide to managing finances while on an entrepreneurial journey to make building a business or entering into the world of real estate a feasible reality. For those struggling with believing that real estate is a viable option for building wealth, Dr. Simon offers reassurance that once people connect with their ambition, unpacking their dream and claiming their piece of the pie is simple with the guided principles he supplies. With authentic leadership, Dr. Simon shares a realistic outlook for entrepreneurs by sharing his own failures and successes and invites real estate agents, every day investors, and entrepreneurial spirits alike to spread their entrepreneurial wings and fly.

Riches in Real Estate fills in the missing pieces that leads to real estate agents finally realizing all the dreams they had for their careers when they set out. Many real estate agents begin their careers with excitement and passion. Then the struggle sets in: long hours, low pay, and programs that promise leads but don't pay off. Jarett Shaffer, Hampton Road's #1 life coach and business strategist, and Susan Shaffer, a real estate leader with thirty years of experience, bring real estate agents seven steps to lasting wealth, personal happiness, and freedom from fear and worry. In Riches in Real Estate, real estate agents find a systematic plan to get off the real estate hamster wheel, turn around an underperforming real estate business, and finally make real estate the gateway to the life of their dreams.

Plan Your Own Estate: Passing on Your Assets and Your Values Legally and Efficiently takes a straightforward and engaging you-oriented approach to dealing with one of life's certainties--death. While you can't take it with you, this book empowers you to decide how your assets can best help your family when you are gone. Experienced attorney Deirdre R. Wheatley-Liss concentrates into this book the experience she's had helping hundreds of families work through their estate plans. Whether you have modest or extensive assets, Plan Your Own Estate provides the knowledge you need to design your plan and the tools you need to move forward. The starting place is your goals. Part 1 of the book asks, What do you want to accomplish for yourself and your family? The next step depends on you. Are you looking to educate yourself about how a will or trust is structured, or how tax law works? Part 2, Resource Guides, breaks down tough topics like these and delivers actionable information. Have questions about what your estate plan should say? Part 3, Planning Guides, goes through an attorney's analysis in considering the most frequently asked estate planning questions.Thinking about creating your own estate plan, or hiring an attorney? Part 4, Action Guides, helps you start your estate plan and make sure it's complete, or review any plan you may already have in place. Nobody likes talking about death, taxes, or disability--but not thinking about them will not make them go away. Plan Your Own Estate will help you make a plan, put it in place, and take control of how your money and your values are being passed to your family. This book includes: * Comprehensive plain English coverage of every aspect of planning your estate * Methods to protect your loved ones' inheritance from taxes, immaturity, lack of financial knowledge, incapacity, creditors, and predators * Planning guides for families with children, singles, second marriages, business owners, unmarried or same-sex couples, and more * Up-to-date information regarding changing laws and best practices What you'll learn Through this book, you will be able to: * Create an estate plan that meets your goals, clearly communicates your intentions, and reduces the chance of family fighting when you are gone.* Gain the insight of an attorney's thought processes, both legal and practical, and how to apply them to your personal situation. * Understand the structure of the documents at the heart of estate planning: wills, trusts, power of attorney, health care power, and other transfer devices designed to pass assets to your beneficiaries more easily. * Decipher tax laws to incorporate provisions in your estate plan to reduce or eliminate taxes, and deal with a changing tax code. * Master complicated legal terms and concepts. * Understand the probate process and its alternatives. Who this book is for Plan your Own Estate is for anyone who wants to preserve the value of assets and leave them to beneficiaries in the most efficient manner. The book is for married couples with children and grandchildren, singles, unmarried couples, non-citizens, and same-sex couples. It teaches readers how to reduce or eliminate the government as a beneficiary by taking advantage of tax-reduction strategies. No matter your marital status or wealth, Plan your Own Estate empowers you to achieve financial security for loved ones and other beneficiaries.

Bjoern-Martin Kurzrock untersucht markt- und objektbezogene Einflussfaktoren auf die Performance von Immobilien-Direktanlagen und Bestandteile der Immobilien-Performance. Grundlage ist die Investment Property Databank (IPD/MSCI) mit Total Returns, Netto-Cash-Flow-Renditen und Wertanderungsrenditen von 1.531 Buro-, Handels- und Wohnimmobilien. Da immobilienbezogene Daten schwer zuganglich sind, basieren viele wissenschaftliche Arbeiten auf aggregierten Performanceindices, Mietpreisen oder Leerstandsraten. Der Fokus liegt dann nicht auf Gebauden, sondern auf Markten und Nutzungsarten. Der Autor wertet Einzelobjektdaten aus und bezieht georeferenzierte Daten wie Fahrt- und Wegezeiten ein. Die Ergebnisse der Querschnittsanalysen geben Anregungen fur eine performanceorientierte Objektselektion im Immobilien-Investmentmanagement.

How American colonists laid the foundations of American capitalism with an economy built on credit Even before the United States became a country, laws prioritizing access to credit set colonial America apart from the rest of the world. Credit Nation examines how the drive to expand credit shaped property laws and legal institutions in the colonial and founding eras of the republic. In this major new history of early America, Claire Priest describes how the British Parliament departed from the customary ways that English law protected land and inheritance, enacting laws for the colonies that privileged creditors by defining land and slaves as commodities available to satisfy debts. Colonial governments, in turn, created local legal institutions that enabled people to further leverage their assets to obtain credit. Priest shows how loans backed with slaves as property fueled slavery from the colonial era through the Civil War, and that increased access to credit was key to the explosive growth of capitalism in nineteenth-century America. Credit Nation presents a new vision of American economic history, one where credit markets and liquidity were prioritized from the outset, where property rights and slaves became commodities for creditors' claims, and where legal institutions played a critical role in the Stamp Act crisis and other political episodes of the founding period.

Julia Gentgen stellt ein integriertes Entscheidungsmodell fur deutsche Banken vor, das zur Behandlung von Problemkrediten sowohl die Kosteneffizienz der jeweiligen Transaktionsform als auch die erforderlichen Kompetenzen zur Bearbeitung berucksichtigt. Dieses Modell kann Banken als Entscheidungshilfe dienen und differenzierte Strategien fur verschiedene Problemkreditportfolios in der Frage nach der optimalen Gestaltung des Managements ableiten. Bis Ende 2004 sammelte sich ein grosses Volumen an Problemkrediten in den Bilanzen deutscher Banken an. OEkonomische und rechtliche Parameter veranlassen die Banken seitdem zur aktiveren Auseinandersetzung mit ihren Problemkrediten. Speziell fur immobilienbesicherte Kredite stellt sich die Frage, ob die Banken intern uber die erforderlichen Kompetenzen zur Bearbeitung verfugen sollten oder ob das Problemkredit-Management extern durch Outsourcing der Bearbeitung oder Verkauf der Problemkredite vorgenommen werden sollte.

Property Rights, Consumption and the Market Process extends property rights theory in new and exciting directions by combining complementary insights from Austrian, institutional and evolutionary economics. Mainstream economics tends to analyse property rights within a static equilibrium framework. In this book David Andersson reformulates property rights theory as an evolutionary theory of the market process. This original work includes many valuable insights and new analysis such as: * combining Yoram Barzel's theory of property rights, Ludwig Lachmann's theory of capital, the resource-based view of the firm and the entrepreneurship theories of Frank Knight, Joseph Schumpeter and Israel Kirzner * applying Ronald Inglehart's theory of value change to discontinuities in how imitative behaviour influences consumer choice * a new distributional perspective on the Hayekian knowledge problem * a model of consumer choice that combines lexicographic characteristics and learning processes * a methodological approach that considers the perceived causal and evidential utilities of a theory * original empirical material (hedonic price functions and case studies) and new areas of application for important computer simulation results. David Andersson's book will be warmly welcomed by heterodox economists and new institutional economists, as well as economists of entrepreneurship studies, regional development and urban planning.

Discover why apartment houses are the best investment in today's real estate market

The key to making big profits in real estate is to go against the traditional wisdom. When the masses are buying, it's often time to sell. When everyone is selling, there are huge bargains to be found. In Multi-Family Millions, contrarian real estate investor Dave Lindahl shows you how to read the market cycle, and explains why now is a great time to get started investing in apartment houses--even if it's your first time investing in real estate and you have no money for a down payment.

With a simple two- to five-unit multi-family property, or a thirty-unit apartment building, you can implement the same strategies Lindahl used in over 500 deals to build his own real estate fortune:

How to reposition a multi-family property for maximum profit

Where to get the money for your first deal

How to own an apartment house and never deal with tenants

Ten bad mistakes rehabbers make

Three proven principles for attracting great deals on multi-family properties

When and how to resell for huge profits

Conventional wisdom says real estate investors should start with single-family houses. Discover why it's easier and much more profitable to invest in multi-families!

This book provides insights into commercial and residential real estate markets in one of the world's fastest growing regions: South Asia. Despite being the growth leader of the future, South Asia is among the "least integrated" regions with a large need for real-estate-specific information and knowledge. Scholars and industry practitioners from a variety of backgrounds come together to provide pan-regional and country-specific insights into-amongst others-institutional, economic and real estate market characteristics, real-estate-specific legislation, real estate financing, development and urban planning practices in Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka. A particular focus of the book is on topics such as the provision of affordable housing, sustainability, innovative office concepts such as co-working and the development of real estate investment trust (REIT) markets in South Asia. This book integrates knowledge on real estate markets in and across South Asian countries by means of country profiles and case studies to provide industry professionals, policy makers and scholars with a fundamental understanding of characteristics, opportunities and challenges in the region. The book is intended for readers with interests in real estate development, finance and investment, urban planning and housing in South Asia. It is also suitable as a reference textbook for undergraduate and graduate students in programs focusing on real estate, economic development, urban planning and public policy in South Asia and other emerging countries.

Over the last decade, Australian governments have introduced a series of land reforms in communities on Indigenous land. This book is the first in-depth study of these significant and far reaching reforms. It explains how the reforms came about, what they do and their consequences for Indigenous landowners and community residents. It also revisits the rationale for their introduction and discusses the significant gap between public debate about the reforms and their actual impact. Drawing on international research, the book describes how it is necessary to move beyond the concepts of communal and individual ownership in order to understand the true significance of the reforms. The book's fresh perspective on land reform and careful assessment of key land reform theories will be of interest to scholars of indigenous land rights, land law, indigenous studies and aboriginal culture not only in Australia but also in any other country with an interest in indigenous land rights.

Finance is essential to the real estate project development sector's success. However, there is still an enormous gap in the real estate sector. What seems to be required is a model that could guide managers in securing real estate project development finance. Findings have shown that no comprehensive framework is presently available. This book presents a toolkit to support real estate managers in securing real estate project development finance. The book will help managers to understand the different financing options and criteria required by financiers. The study includes case studies from developed and emerging economies, including Germany, the United Kingdom, the United States of America, China, Nigeria, and South Africa. The author concludes that the dominant challenges common to managers in both economies are access to land, collateral, and rising interest rates.

This is the first book to fully present, analyse and interpret the Chinese real estate market. Dr Junjian Albert Cao examines the Chinese real estate market's growth trajectory, unique governance and factors affecting values and investment in the context of reforms, rapid economic growth and urbanization. The book provides essential insights into the institutional change surrounding the development of the property market, government intervention at local and national levels, taxes and other regulatory charges, and factors such as market practices, economic changes, government policies and social changes that affect the value of real estate. Furthermore, the book analyses academic and policy debates on issues such as: commercial property investment housing price inflation property rights protection affordable and social housing market practices and regulation environment and sustainability taxation property-led growth and the reliance of local economic growth on the property sector The book offers a comprehensive, in-depth and up-to-date account of the Chinese property market and presents a full assessment of the investment potential of Chinese real estate. It is a must read for students, academics and real estate professionals interested in this fascinating real estate market that has implications for Chinese and the world economies.