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Description:
For the past three decades, William Poorvu has been teaching real estate at the Harvard Business School. Not an ivory tower academic, this successful Boston real estate entrepreneur has also developed key properties in prestigious Harvard Square and elsewhere. In The Real Estate Game, this savvy insider leads readers through the decision-making process on individual investments -- from finding the right property through its financing, development, and sale.
Poorvu details the opportunities and risks inherent in each investment, exposes dubious "get-rich-quick" promises and shows how to stay clear of them, and provides lessons from his own extensive experience as a developer as well as those from the top names in the field. With real-life cases ranging from a small, three-unit apartment building in Boston to large commercial developments in Spain, Russia, and China, this comprehensive and practical book is an essential volume for anyone involved in real estate professionally as well as for the vast majority of investors who deal in real estate through syndicates, pooled funds, and Real Estate Investment Trusts.
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