Cambridge, NY Edward Smith, Jr., CREI, ITI, CIC, GREEN, MICP, CNE of Smith Commercial Real Estate has released his seventh book. This latest book on investing is a timely look at real estate today. Smith has been in the real estate business for over 40 years and has lived through several real estate cycles, and the booms and crises of our economy. Now, as we come out of the latest financial crises, it is a great time to invest in real estate.
This book examines what has happened to the real estate market over the last 10 years, the financial crises endured, and the solutions for the future. It will give the reader guidance to making sound investment decisions, understanding the opportunities, financial requirements and the “numbers.”
“Real Estate Investments: What you need to Know,” was written to help new and experienced investors, and real estate agents to understand the simplicity and complexity of investing in real estate. It will define the terms, concepts and formulas you should know, and will examine the benefits and potential problems of real estate investments. A number of years ago, Smith wrote another book on investing, but since the real estate industry is constantly changing, he felt a new updated and expanded look at real estate opportunities today was needed.
This book will look at recent market history, investment basics, buying property, financial analysis, financing today, owning property, being a landlord, selling property, capital gains taxes and alternatives. It will specifically examine recent changes in the market, new laws, tax changes (good and bad), green buildings, leasing and much more will be explored.
Smith is a real estate broker in CT and NY specializing in commercial and investment properties. He has authored six other books on commercial and investment real estate and writes a monthly column, “The Commercial Classroom,” for the New York Real Estate Journal. He also is a real estate instructor, having developed over a dozen continuing education courses including the Commercial Investment Real Estate Certification Program.
“Real Estate Investments: What you need to Know” is available on Amazon.com.