The Science Of The Deal: The DNA Of Multifamily & Commercial Real Estate Investing

by Shravan Parsi

Overview

LEARN A SYSTEMATIC APPROACH TO INVESTING IN COMMERCIAL REAL ESTATE AND MULTIFAMILY HOUSING.
From his roots in Hyderabad, India, to the heart of America’s Southwest, Shravan Parsi tells the story of his journey from pharmaceutical scientist to founder and CEO of successful real estate investment firm American Ventures. The secret to his investment success is like any science: a marriage between quantitative and qualitative facts, between abstract numbers and concrete action. Here Parsi outlines the technical information you need to learn how to invest in multifamily and commercial real estate, how to understand what makes a good potential investment, and when to walk away. In conversational style, the book shares ideas about how to identify, evaluate, and mitigate risks; how to learn from downsides as well as upsides; and how giving back to your community is as important to success as the right numbers. It’s wisdom that benefits any entrepreneur.

Product Details

ISBN-13:	9781946633781
Publisher:	Advantage Media Group, Inc.
Publication date:	11/19/2019
Pages:	200
Product dimensions:	5.90(w) x 9.10(h) x 1.00(d)

About the Author

SHRAVAN PARSI is an entrepreneur and innovator with a background in the diverse fields of real estate investing and pharmaceutical research. He is the CEO and founder of American Ventures and has been involved in Texas real estate since 2003. Shravan’s unique blend of scientific, management, and real estate experience informs American Venture’s strategic business vision. Born in India, Shravan developed a life-long interest in business and investing from watching his father, a medical doctor, invest in real estate. As of 2019, has acquired several apartment complexes (with an aggregate of more than four thousand units) and several commercial properties by co-investing with private equity groups, family offices, high-net-worth individuals, and accredited investors.

Table of Contents

Foreword xi

A Word From The Author xv

Chapter 1 From Side Hustle to the Main Show 1

Chapter 2 Know Your Industry 15

Chapter 3 Team and Talent 53

Chapter 4 Using Time and Leverage to Seize Opportunity 77

Chapter 5 The Potential of Downsides 101

Chapter 6 Ask Really Good Questions and Delegate to Experts 121

Chapter 7 Networking and Giving Back: Creating a Center of Influence 131

Chapter 8 Up and Out: Stretching Limits 153

Acknowledgments 177

About The Author 179

Our Services 181

Editorial Reviews

"Since beginning his investment career in Texas, Shravan continues to pave the way for business innovation and growth here in the capital city. We all benefit from his ideas about business, development, and the potential of individuals to make an impact ... in Austin and beyond." —STEVE ADLER, Mayor of Austin

"Here is a step-by-step insider's look into multi-family housing investing. Using Shravan's five characteristics of success, the reader has a path to follow." —PAT NIEKAMP, founder, Texas CEO Magazine

"The Science of the Deal provides the reader with a powerful guide ... that will empower the reader to understand what makes a good deal and when to walk away. The wisdom Shravan shares will benefit any entrepreneur." —DAVID OSBORN, New York Times best-selling author of Wealth Can't Wait

"A scientific, yet self-reflective, guide that lays out the basics for commercial real estate investing. His story is a great read that reminds us that even real estate can be broken down to a science." —SONDRA WENGER, managing director of a private equity, real estate, and infrastructure firm

"If there is one book I would have a real estate entrepreneur read before starting a multifamily investment firm, this would be it." —MICHAEL SONNENFELDT, founder, TIGER 21

From the Publisher