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 Location:  Home » Real Estate » Real Estate » Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming AreasNovember 21, 2008  


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Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas
Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas
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Author: David Lindahl
Publisher: Wiley
Category: Book

List Price: $22.95
Buy New: $12.81
You Save: $10.14 (44%)
Buy New/Used from $11.95

Avg. Customer Rating: 4.5 out of 5 stars(25 reviews)
Sales Rank: 954

Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Number Of Items: 1
Pages: 240
Shipping Weight (lbs): 0.9
Dimensions (in): 9.1 x 6.2 x 1

ISBN: 0470174668
Dewey Decimal Number: 332.6324
EAN: 9780470174661
ASIN: 0470174668

Publication Date: October 26, 2007
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 6-10 of 25
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3 out of 5 stars A Word of Caution!   January 15, 2008
  12 out of 12 found this review helpful

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.



5 out of 5 stars Buying Apartment Complexes in Emerging Markets...Your Path To Riches   January 11, 2008
This may have been a Better Title to this book...I thought it was very well written...Covers many subject so that you can invest in Emerging Markets...Dave uses Apartment Complex investing as the primary type of Real Estate property in this book...Which was my main interest when I bought this book...However, the Emerging Markets theory would work for many types of Real Estate Properties...This books covers all the steps for this topic...Finding, Financing, Management, Pitfalls to avoid, Exit Strategies, and much more...It is definitely worth the money...Also, there is a Special Offer on his website with this book, where you will get additional materials, FREE of charge...


3 out of 5 stars Good book, esp. for those interested in apartment investing   December 28, 2007
  8 out of 8 found this review helpful

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!



3 out of 5 stars decent, although main theme is not emerging markets   December 17, 2007
  32 out of 33 found this review helpful

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.



5 out of 5 stars A Bible for Real Estate Investing, The Fundementals for Long Lasting Success   December 9, 2007
  3 out of 5 found this review helpful

Like another reviewer here, I found this book on amazon and read the good reviews and great comments shown on the back cover. David Lindahl educates exactly what the title says and also advocates the investing of multi-family units, showing how to get there, what to avoid, How to manage, and paints a bright future of possibilities.

Emerging Real Estate Markets lives up to what I had hoped to expect and more. I am beginner investor and avidly looking for good education on the topic. I have read a few books now and usually the problems with them is that they lack the details of where to find certain information or something else that becomes a big question mark. So far this is the only book where that this has not been the case. Granted, we beginners must also get started which also starts to fill in the blanks.

Theory can be explained in real estate as generalizations or as facts, steps and examples. For anyone trying to learn something new with the hope that the information will stick and be useful, generalizations should be held to minimum. The Author, David Lindhl, has done a fantastic job overall to provide us with his formula for success. All the information you need to get started is in here. I have other hand-me-down course material that cost 10x the price of this book and not of the same quality.

In addition, This is a very well read book that flows well and makes sense. Its enjoyable reading and well worth the price.

I have not read a book with this level of detail and enthusiasm for sometime. This book is what I would consider REQUIRED READING for all beginner investors. Understanding Emerging Markets in essential!
There is also a great deal of tips for a seasoned investor as well.

If you are seasoned or expert investor in search of more about commercial properties, you might want to take a look at this book: Confessions of a Real Estate Entrepreneur By Jame Randel.



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