Real Estate Valuation and Strategy: A Guide for Family Offices and Their Advisors

Title: Real Estate Valuation and Strategy: A Guide for Family Offices and Their Advisors
Author: John Kilpatrick
ISBN: 1260459047 / 9781260459043
Format: Hard Cover
Pages: 468
Publisher: McGraw-Hill
Year: 2020
Availability: Send us an Email (info@standardsmedia.com) for more details

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Establish a sound, multi-generational approach to real estate ownership and wealth preservation
 
No facet of a family’s 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 estate investing that are rarely presented in one succinct volume:
 
•  Key and critical differences among various categories of real estate
•  Acquisition strategies to uncover hidden wealth or avoid hidden pitfalls
•  Valuation of long-term holdings, including forest land, ranches, and collectable “trophy” holdings
•  When and how to use leverage for short- and long-term opportunities
•  Strategies for joint ventures
•  Monitoring holdings for early warning signals
 
Whether you’re managing your own portfolio or assisting high-net-worth families, Kilpatrick provides tools and information you need to find, manage, and optimize top-tier real estate investments—ensuring that your family or clients thrive now and in the future. 

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Chapter 1 : The Real Estate Valuation Cycle  
Chapter 2 : A Simple Real Estate Investment Example 
Chapter 3 : Reflecting on Why We Buy Real Estate
Chapter 4 : Valuing the Personal Residence 
Chapter 5 : Valuing Rental Property 
Chapter 6 : Approaches to Value
Chapter 7 : The Paradox of Highest and Best Use
Chapter 8 : Various Other Tools and Techniques
Chapter 9 : Valuation Quirks and Traps 
Chapter 10 : A Deep Dive into the Sales Comparison Approach: Residential 
Chapter 11 : A Deep Dive into the Sales Comparison Approach: Income Properties      
Chapter 12 : Income Approaches to Value
Chapter 13 : Reproduction Cost Analysis
Chapter 14 : Reconciling the Various Approaches
Chapter 15 : Valuing Raw Land for Income or Development
Chapter 16 : Valuing Raw Land for Collectible or Personal Use
Chapter 17 : Real Estate and the Family Business
Chapter 18 : Brownfields
Chapter 19 : REITs, 1031s, Limited Partnership Interests, and Tenancy in Common
Chapter 20 : Special Topics Frequently Encountered by Family Offices
Chapter 21 : Some Final Points to Ponder