The Peebles Path to Real Estate Wealth: How to Make Money in Any Market »

R. Donahue Peebles is Chairman and CEO of The Peebles Corporation, one of the nation's most successful real estate investment firms. A leading developer and entrepreneur, his portfolio includes four-star hotels and residential and commercial properties in Las Vegas, San Francisco, Washington, D.C., and Miami Beach. He is also the author of The Peebles Principles, from Wiley.

Find big profits in any market—with expert advice from real estate mogul R. Donahue Peebles

A few years ago, the experts said you couldn't lose in real estate. Now, they're saying you can't win. The truth has always been more complicated. Even when the market was only going up, people made plenty of bad deals. And even now, you can still find plenty of good ones. You can always win in real estate, provided you have the right knowledge and exercise good judgment in the deals you make.

In The Peebles Path to Real Estate Wealth, multimillionaire investor R. Donahue Peebles shows you how to follow the path he took to real estate riches—by starting small with smart investments and building up to bigger, more profitable properties. Based on his own personal experience and examples from across the nation, Peebles shows you how to measure real value and find deals in any market.

If you want to invest smart and earn big profits, The Peebles Path to Real Estate Wealth gives you all the tools to succeed:

• A full explanation of the current housing crisisa?'how it happened and where the markets are going

• Fundamental investing tools, including a crash course in property valuation, practical data and resources, and proven tips on negotiating with lenders and sellers

• A proven plan for building wealth in the new real estate climate with expert guidance on understanding your local market, measuring real value, investing in residential and commercial properties, and structuring your deals

Markets go through natural cycles of ups and downs. With The Peebles Path to Real Estate Wealth, you'll understand those cycles, learn to measure the true value of properties, and grow your real estate empire—especially when the market is down.

Introduction: The Opportunity of Setbacks (Why I Wrote This Book)     ix
A Recent History of the Real Estate Roller Coaster     1
The Big Bang: The Post-2000 Real Estate Explosion     3
The Great Flood: The Oversupply of Housing     17
Down Time: The New Buyer's Market     33
Fundamental Tools for Real Estate Investing     45
Information Please: Where to Find The Data     47
Adding It Up: A Crash Course in Valuation     57
The Big Guns: Finding Help from the Government     71
Money Talks: Negotiating with the Lender     81
Creating Wealth in the New Landschape     89
Boom to Bust: Making Money in Down Times     91
Fundamental Values: Buying in the Right Regions, Cities, and Neighborhoods     107
Specific Observations: Making the Deals     119
Techniques, Tactics, and Tricks: Useful Tools to Make Money     133
Outside the Residential Box: Investing in Commercial Real Estate     157
Saving Your Bacon: (How to Avoid Getting Swept Under by the Subprime Tide)     173
Be Like the Rich: Change Your Way of Thinking     175
Showtime: Dealing with Your Lender     185
Know When to Fold: The Time to Walk Away, and How to Do It     197
Index     202