Table of Contents
Preface vii
Part 1 Making It in Real Estate
1 Quit Your Job? 3
2 Doing It on the Side 6
3 Playing Small Ball 9
4 Specialize or Die 12
5 Bromancing the Deal 15
6 Size Matters 18
7 Buying It Right 21
8 Desperately Chasing Yield 24
9 Liquid Assets 27
10 A Little Help from My Friends 30
11 Fickle Shades of Green 33
12 Autographing the Deal 36
13 The Politics of It All 39
14 Decked by City Hall? 42
15 Sell versus Hold 45
16 Lies, Damn Lies, and the IRR 48
17 Working without a Net Worth 51
18 Monogamy and Its Downside 54
19 Let Us Now Praise Famous Architects 57
20 General Contractor Relativity 60
21 Sex, Lies, and Off-Market Deals 63
22 Do As I Say 66
23 The Back of a Napkin 69
24 No Partners, No Problems 72
25 The "NTM" 76
26 Understating Your Net Worth 79
27 Leaseholds: Buy 'Em Where They Ain't 82
28 Your Empire: Build It or Buy It? 86
29 The 1031 Exchange: Panacea or Placebo? 89
30 The Only Free Cheese Is in a Mouse Trap 92
31 Game of Phones 95
32 Winter Is Coming 98
33 Winter Is Here 101
34 There's No Place Like Home 105
35 Investing in Accidental Assets 108
36 Retail's Wholesale Risks Ill
37 Environmental Contamination: Hazardous to Your Health?... 119
38 A Sod Roof Too Far 124
39 Money 127
40 Abandon All Hope 131
Part 2 Making It in Life
41 How to Keep Friends and Influence No One 137
42 Commencement Address 140
43 Your Obituary 145
44 Seeing the Forest for the Trees 148
45 In Memoriam: fames J. Curtis III 151
46 Postscript 154
Glossary: Real Estate Jargon Demystified 157