Читать книгу Commercial Real Estate Investing For Dummies - Peter Harris - Страница 17

Unlike cash-flow investors, long-term “hold” investors rely on appreciation for wealth building, but they do so in a more conservative real-world fashion. They also benefit equity wise from paying down the loan amount over a number of years.

The long-term hold investor’s goals are simple: They want deals with an upside, like the ability to increase the value by improving the cash flow of the property. For example, some of the wealthiest investors we know are our mentors, who are older gentlemen who bought their pieces of commercial real estate decades ago. One of them bought land, and another bought apartments. Their philosophy was “Good real estate will always have a higher value over many years if I wait long enough.” It’s a too-simple strategy that has worked incredibly well for many patient investors. Both of these gentlemen held on to their properties in three separate down-market cycles over the years. Both have properties that are debt free, and they have made millions of dollars since.

In this book, we cover the basic foundational strategies such as “buy good real estate and wait” (Chapter 8) along with many of the more creative, accelerated wealth building strategies just in case you’re in a hurry (Chapter 9).