Description
Book SynopsisEstablish a sound, multi-generational approach to real estate ownership and wealth preservation No facet of a familyâs investment portfolio is as ubiquitous as real estate. Every successful family is invested in some way. The most savvy investors and their advisors understand the complexity of curating this portfolio and maximizing wealth preservation.
Real Estate Valuation and Strategy is the definitive guide for anyone seeking to reduce long-term portfolio risk and enjoy significant tax advantages while preserving and growing wealth.
This comprehensive, in-depth guide addresses key real estate investment strategy issues from the perspective of the successful, wealth investor. Providing the knowledge and insights needed to avoid common pitfalls, optimize the property investment cycle, and evaluate holdings from a long-term perspective. One of the leading experts in the field, Dr. John Kilpatrick covers nuances of real e
Table of ContentsAcknowledgments
1 The Real Estate Valuation Cycle
2 A Simple Real Estate Investment Example
3 Reflecting on Why We Buy Real Estate
4 Valuing the Personal Residence
5 Valuing Rental Property
6 Approaches to Value
7 The Paradox of Highest and Best Use
8 Various Other Tools and Techniques
9 Valuation Quirks and Traps
10 A Deep Dive into the Sales Comparison Approach:
Residential
11 A Deep Dive into the Sales Comparison Approach:
Income Properties
12 Income Approaches to Value
13 Reproduction Cost Analysis
14 Reconciling the Various Approaches
15 Valuing Raw Land for Income or Development
16 Valuing Raw Land for Collectible or Personal Use
17 Real Estate and the Family Business
18 Brownfields
19 REITs, 1031s, Limited Partnership Interests,
and Tenancy in Common
20 Special Topics Frequently Encountered by Family Offices
21 Some Final Points to Ponder
Notes