Stuff
Product Details
Free Press, September 1999
Hardcover, 336 pages
ISBN-10: 068485550X
ISBN-13: 9780684855509
Discussion Group Questions
1. Why invest in real estate in the first place? What makes it different than investing in stocks and bonds?
2. Why is investing in real estate more personal, more people dependent than other traditional forms of investment? Why are there so many off-the-wall "personalities" involved in this field?
3. What's "back of the envelope" analysis, and how can it help you evaluate and price a property?
4. Where do you get the money to buy a building?
5. What else do you have to worry about when you're buying a building? What can go wrong?
6. How do positive and negative leverage affect your decision-making?
7. What's in a lease, and why?
8. Why do developers usually run out of money? How can you avoid running out of money?
9. Why do construction bids usually come in over budget? How can you avoid blowing your construction budget?
10. How are the private, institutional, and public markets for real estate different, how does one gain an advantage over the others -- and what does this mean for you?
11. How do you maintain your property while still meeting the financial expectations of your banks and investors?
12. What's so tough about timing the real estate cycle? Why doesn't everybody do it?
13. Do property owners have social and aesthetic obligations? If so, who defines them?
14. What constitutes "success" in real estate -- not only for your company, but also for you?
