Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas
John Wiley & Sons, Inc. (2007)
Reviewed by Carol Hoyer for Reader Views (10/08)
While “Emerging Real Estate Markets” is a very informative book, the reviewer did not find anything different than most books like this she has read. Mr. Lindahl has a very straightforward approach that leaves no questions. However, the one concern is that many first-time investors will not have the income or desire to purchase multi-apartment units
The author takes a potential investor through four phases of the buyers’ market, from oversupply of properties to the selling of your properties. He gives examples of how to do this, as well as what to avoid. One chapter discusses red flags of property management companies. Examples of this include higher than average vacancy; increase in notice to vacate and not completing deferred maintenance.
Chapter 8 discusses the 10 biggest mistakes investors make and how to avoid them. This was interesting, but the reviewer felt it was pretty much common sense. Overall, I felt the book was an interesting read; there were many points that were quite valid. However, several times readers were referred back to his website to obtain more materials. I think a good self-help book like “Emerging Real Estate Markets” by David Lindahl would give you all the information you would need to have a basic knowledge.