Get Rich in Real Estate: Your Step-by-Step Guide to Acquiring Properties in NYC

by Elliot Bogod

Overview

Get Rich in Real Estate is the first book written by Elliot Bogod, Founder and Managing Director of Broadway Realty, a real estate brokerage in Manhattan. With over twenty years experience, Elliot has sold over $2 billion in New York real estate. In this book, you will find: - A list of "magic words" often used in real estate investment, with clear and detailed explanations- Methods for evaluating the locations for your investments, using vibrant Manhattan neighborhoods as an example.- Review of different types of residential investments: condominiums, co-ops and townhouses- Detailed advice on investing in various types of commercial real estate: retail locations, offices, restaurants, hotels, garages and others- Multiple strategies, tactics and techniques for building wealth through your investments- Clear and concise information on mortgages, taxes and laws- Methods for achieving success through managing a team of experts working for you

Product Details

ISBN-13:	9781733948449
Publisher:	Broadway Realty Publishing
Publication date:	05/10/2019
Pages:	242
Product dimensions:	6.00(w) x 9.00(h) x 0.51(d)

About the Author

Elliot Bogod is a Founder and Managing Director of Broadway Realty, a real estate brokerage in Manhattan. With over twenty years experience, Elliot has sold over $2 billion in New York real estate.

Testimonials:

Elliot is a highly regarded professional with excellent knowledge of the NYC markets! An outstanding choice for any of your real estate needs. - Richard Hastings, Esq.

Mr. Bogod is highly recommended by our law firm for his expansive knowledge of the New York real estate market. He has advised and assisted many of our clients over the course of the last several years with respect to real estate purchases and sales for personal and commercial use. He is a rare find in the vast real estate market of New York City. - Peter E. Briskin, Esq.

I've worked with Elliot and his firm for several years and would recommend him to anyone interested in a Real Estate Broker with extensive experience in the Manhattan market. - Larry Kruysman, Sr. Sales Director at 100 Barclay Tribeca, New York

Elliot is not an ordinary broker. He is extraordinary because he has taken the initiative to take the advanced designation NYRS course for the second time. He was one of the first pioneers 4 years ago to take the course and recognized that the material was constantly changing to stay ahead of the curve (which is part of the NYRS mission) so he signed up and is taking it again. That shows true leadership in my opinion. This of course carries over into his brokerage business and how he relates to his clients. Kudos, Elliot! - Alan Pfeifer, Licensed Associate Broker at R New York

I know Elliot Bogod as a superior leader and boss. His management skills made working for him extremely easy and coherent. He is a delight to work with and work for. He is highly motivated and knowledgeable in the field of real estate. - Rod Kritsberg, K Property Group

Mr. Bogod and his team are true professionals with an intimate understanding of the New York City real estate landscape and market. - Michael J. Redenburg, Esq. P.C.

Elliot is well informed, trustworthy. - Arthur Pulitzer, Artur Pulitzer Real Estate

High professional! - Laura Swerdloff, Michael & Swerdloff LLC: Swerdloff Leonard

To buy or to rent a property you need an adviser, a broker, consultant. I recommend Elliot Bogod and Broadway Realty who knows New York City it's neighborhoods, full of incredible restaurants, interesting people, gorgeous buildings and art, music, shows etc. - Yelena Masotti, Yelena's music studio

Highly Recommended! Very Professional Service! - Daniella Kirfeld. Interwest United Insurance Brokerage

Table of Contents

Preface:

Chapter I: Foundations

Rent or Own

The Real Estate Buying Process

The Magic Words of Real Estate

The Next Hottest Trend

Chapter II: The City and Its Neighborhoods

Battery Park City

The Financial District

Tribeca

SoHo

West Village and East Village

Chelsea

Midtown East

Midtown West

The Upper West Side

The Upper East Side

Harlem

Washington Heights

Other Boroughs in New York City

Staten Island

The Bronx

Queens

Brooklyn

Chapter III: Co-Ops vs Condos

Definitions

Chapter IV: Townhouses and Brownstones

Styles of Townhouses

The Cartier Building

The Four Tax Classes

Chapter V: Commercial Real Estate

Office Space

Retail Spaces

Restaurants

Hotels

Garages

Conversions

Own Your Business Property!

Leaseback

Ground Leases

A Few Examples

Chapter VI: The Real Estate Investor Toolkit

Earn as you Buy, or The Secret of Success

The Value of Information

Mortgages

Auctions

Closing Costs

Real Estate Taxes

Foreign Investors

Passive Income

To Sell, or Not to Sell - That is The Question

Refinancing

Depreciation

Cost Segregation

1031 Exchange

Parting Ways With a Team Member

Chapter VII: Sell Cycles and Market Cycles

The Inner Mechanics of the Market Cycle

Why sell during a buyer’s market? Why buy during a sellers’ market?

The Mid-1990s

Turn of the Millennium

2002-2008

2008-2009

2009-2011

2011-2015

2015 - Present

Chapter VIII: The Investor’s Team

The Lawyer

The Mortgage Broker & Bank

The Title Company

The Appraiser

The Surveyor

Partners

Remember Your Due Diligence!

The Real Estate Broker

Acknowledgements

About the Author

Editorial Reviews

This book is great for first time homebuyers and advanced investors as well. It contains comprehensive analysis of New York City real estate market and investment strategies. The book is easy to read and has great knowledge helping save money to anyone considering buying real estate. – Leo

Excellent book that is both informative and easy to read. The author is a seasoned realtor who knows NYC very well and it shows. The book gives you a very good overview of what you need to know about investing in not so easy New York real estate market. Highly recommend! - SM

Loved this book. It gives you an in depth overview of Manhattan Real Estate. I particularly enjoyed Chapter III (Co-op vs Condo's), Chapter VII (Sales Cycles and Market Cycles) excellent explanation of the ups and downs of the NYC real estate changes and the particular factors that affect it, and Chapter VIII (the investor's team) there is great detail here regarding who are the major key players in the real estate purchase transaction. I definitely consider this a handbook for Manhattan real estate. Get your copy today!! - Kira Guzman

This book gives you an inside prospective and interesting facts about NYC buildings and properties. Easy read for the first time buyers as well as someone who would like to become a real estate broker in New York. - Evgenia Huldisch

Great book with comprehensive way to approach real state world! The writer teach us some very helpful "tricks ". Easy to read and very positive. Totally recomended! – Yelena Masotti

This book is very informative if you are looking to invest in real estate or starting a career as a real estate agent. Detailed description of type of properties available and transactions. – Daniel Dolinsky

From the Publisher