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 enlarge | Author: Monica Villasenor
Publisher: Villasenor Productions, LLC
Category: Book
List Price: $29.95
Buy New: $18.66
You Save: $11.29 (38%)
New (17) Used (11) from $17.24
Rating:  31 reviews
Sales Rank: 71320
Media: Hardcover
Edition: 1st
Number Of Items: 1
Pages: 340
Shipping Weight (lbs): 1.3
Dimensions (in): 9.1 x 5.9 x 1.2
ISBN: 0979364604
Dewey Decimal Number: 332.6324
EAN: 9780979364600
ASIN: 0979364604
Publication Date: April 15, 2007
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.
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| Customer Reviews:
 Very Good Book - BUT... September 20, 2007
42 out of 66 found this review helpful
She talks a lot about condo conversions, etc that have failed wholesale as we speak. And a lot of her talk and techniques are based upon appreciation.
The books is very well written, but you have to realize she did this in the 3 year boom mania.
Times have ALREADY changed.
Folks, commercial real estate is crashing BIG TIME as we speak. The stupid prices that were paid are now coming back to haunt many novice commercial investors.
Did you realize that if you purchase a property with a cap rate of, say, 7%. You used 75% financing. And cap rates rise to 8%. For every point rise you have lost 1/3 of your equity!
A rise to a 10% cap rate and you are cooked meat. And cap rates are moving up right now.
Commercial investment real estate is about cash flow. Period. Appreciation only comes from escalating lease income.
If you are buying because commercial real estate is "hot" you have already missed that run. And those that bought at the top are going to lose their shirts.
I have been doing this for 22 years. Graduated with a real estate finance degree from the #3 business school in the country. And I hold the most coveted commercial investment real estate designation in the world.
Do yourself a favor. Unless you want to get run over like a Mack truck by professional commercial real estate investors - go back to your day jobs.
The crash is here and it is going to be bad...
Very good book on Commercial Real Estate August 31, 2007
19 out of 26 found this review helpful
I have read every Commercial Real Estate Book I could find. This one gets to the nuts and bolts right from the start.
I am energized to move on now from residential to commercial purchases.
There were a number of typos in the book and I would advise readers to go to her web site for a 5 page correction of pages 115-119 that is downloadable.
 Excellently written and full of great information August 27, 2007
6 out of 15 found this review helpful
This book is a virtual "How To" on investing in commercial real estate. Monica's writing is entertaining and to the point. She lists her own personal experiences in commercial real estate investing in an entertaining and informative way. I really enjoyed the way she described many of the pitfalls of this type of investing and exactly how to avoid them. I'm looking forward to her next book and to my first commercial investment! Monica's information has been invaluable!
Surprisingly Excellent August 18, 2007
20 out of 31 found this review helpful
Before I started the book, I thought the title was catchy, but the picture of the blonde chick on the cover had me doubting that this would be the "best damn commercial real estate investing book ever written". I know... it's a stereotype. Surprisingly, it turned out to be the best book I've read on commercial. Monica hits on a bunch of topics that would be lessons learned the hard way if you didn't read this book.
I also really enjoyed her writing style. I don't know how to describe it, other than "ballsy". ...again, something I wasn't expecting from a blonde chick. ;-)
I strongly recommend this book!
Just what I needed! August 3, 2007
15 out of 25 found this review helpful
First off.. I have to say this a a great book in a sense that it is well read. I can tell that the effort that went into it is very professional, being well organized, detailed, and chalk full of tips on commercial real estate. I received the book yesterday and am nearly half-way though it. Yes, I am on mission to learn this stuff and the book is sometimes hard to put down!
The author, Monica, states that she has only has three years experience in investing in commercial real estate, however this book gives me a sense that she is very intelligent, creative, and savvy. Monica also states the importance of constant learning and reading of material related to commercial real estate. Monica is also a follower of the "Rich Dad" philosophy which aligns with mine as well.
As a total novice in this subject, I place great value on the foresight she has chosen to share. Monica's book builds the foundation for commercial real estate transactions and describes in detail terms, pitfalls, references, and more. I am very happy to have found this book. Most beginner books lack the meat that is really required and this one is grade A. Where a topic could go into much more depth she gives references to to other books that do it better instead of sending the reader down a major detour.
For a more experienced investor this book might be too fundamental, however like I said above the tips may be worth it for the more experienced. For example, chapter 8 talks about a number of contract escape clauses and real estate agent deal tactics to look out for and I am certain will save my bacon in the future. She gives examples of her deals reinforcing the subject matter and its importance. I am certain that I will be going back to this book to insure I don't make the same mistakes she did. The really important points she mentions are obvious and light humor is enjoyable reading.
My hat goes off to Monica for making a dam good book out of a very complicated subject :)
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