RETURN TO HOMEAn Author Wednesday Interview with Steve Bergsman, author of “After the Fall: Opportunities and Strategies for Real Estate Investing in the Coming Decade”
In “After The Fall: Opportunities and Strategies for Real Estate Investing in the Coming Decade”, real estate expert Steve Bergsman offers a detailed look at the state of various market sectors – including office, industrial, retail, condominium, residential, and leisure real estate – and provides direction as to where these markets are headed in the coming decade.
Read more for the rest of this great author interview and to learn how you can grab a free copy of Steve’s book!
Q. Thanks for the interview. Can we begin by having you tell us a little bit about yourself and how long you’ve been working in and writing about this topic?
A. I have been writing about real estate, both commercial and residential, for the past 25 years. After watching the real estate market begin to collapse at the end of the aughts, I thought a book that would explain what happened and predict when individual markets would return would be helpful to investors.
Q. What’s your new book about? Why did you write it? What main message will readers take away from it?
A. The message is, all markets are cyclical, and better times will, indeed return, but each real estate sector will come back at different pace than any other.
Q. What were some of the greatest discoveries, lessons, or findings you came across while doing research and writing this book?
A. After severe downturn, it takes a minimum of seven years for residential real estate to return to period of normal appreciation, about 2-3% a year.
Q. What do you feel sets your book apart from others in the same genre?
A. I talk about the future and when individual markets will be healthy again.
Q. What are 5 things everyone should know in your area of expertise?
A. Office investment should be in A-level markets. Retail real estate will struggle for a long time. Multi-family real estate will be a hot market in two years. Condominium pricing will always be volatile. Stay away from most vacation property schemes such as condotels and destination clubs.
Q. What are some of your current projects you’ve been working on in this field?
A. I’ll be e-publishing my fifth book, called “Growing Up Levittown: In A Time of Conformity, Controversy and Cultural Crisis”. It’s a memoir/social history of the world’s first modern suburban community.
Q. Thank you for the interview Steve. Would you like to share where we can find you on the web and how we can buy your book?
A. You can buy my books on Amazon for the hardcover and electronic versions, and you can find the book at all other online book retailers.
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About the Author: Steve Bergsman is a nationally recognized financial and real estate writer. For more than twenty-five years, he has contributed to a wide range of magazines, newspapers and wire services, including the New York Times, the Wall Street Journal Sunday, Global Finance, Executive Decision, Chief Executive, The Australian, Investment Dealer’s Digest, Reuters News Service and Copley News Service. He has been a regular contributor to the “Ground Floor” real estate column in Barron’s and has written for all of the leading real estate industry publications, including National Real Estate Investor, Institutional Real Estate Letter, Retail Traffic, Multifamily Trends, Real Estate Portfolio, Shopping Center World, Mortgage Banking and Urban Land. Bergsman books include After The Fall: Opportunities and Strategies for Real Estate Investing in the Coming Decade, Maverick Real Estate Investing: The Art of Buying and Selling Properties Like Trump, Zell, Simon and World’s Greatest Land Owners, Maverick Real Estate Financing: The Art of Raising Capital and Owning Properties Like Ross, Sanders, and Care, and Passport to Exotic Real Estate: Buying U.S. and Foreign Property in Breathtaking, Beautiful and Faraway Lands.
For more information about the author: www.redroom.com/author/steve-bergsman
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