Publisher's Synopsis
There is no shortcut to make money or get rich quickly in real estate, especially in private real estate, but you can slowly and steadily build wealth by investing wisely. You would know that there are many different ways to become rich but real estate is one of the best ways to build wealth. Having said that, making money in real estate takes the right advice, systems, and determination. Investing in real estate stands out as a tried and tested approach to make money but like every other business, it has some risks associated with it.
The book informs about the advantages of real estate over other traditional investments with a constant dollar comparison.
It also covers what are private investments and how you can participate in them. Some private investment offers a preferred return in which the company has 2 different class of shares, one for the asset management and one for the funding investor.
Finally, the book presents a private placement offering for a hypothetical 100 unit apartment complex to explains the terms and how to interpret them. A detailed analysis of what is an Internal Rate of Return is also covered which helps evaluate very different investments against each other.
