Have you been interested in investing in real estate but want to be as far away from fixing plumbing issues as possible? Then this book is for you.
The book informs about the advantages of real estate over other traditional investment with a constant dollar comparison.
It also covers what private investments are and how you can participate in them. Some private investments offer a preferred return in which the company has two different classes of shares, one for the asset management and one for the funding investor.
Finally, the book presents a private placement offering for a hypothetical 100-unit apartment complex and explains the terms and how to interpret them. It also covers a detailed analysis of an internal rate of return, which helps evaluate very different investments against each other.