Name: Passionate, Profitable Redevelopment and Reconstruction 2: Complete Conquest of Redevelopment
Brand: LIBRAIRIE COREENNE
SKU: 115535
Price: 29.00 EUR
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Passionate, Profitable Redevelopment and Reconstruction 2: Complete Conquest of Redevelopment

€29,00

Passionate, Profitable Redevelopment and Reconstruction 2: Complete Conquest of Redevelopment

Description

Book Introduction

Can you spot the 'do' and 'don't' zones?

The author of the two-year bestseller "Profitable Redevelopment and Reconstruction" is back! In his previous work, author Lee Jeong-yeol, who neatly summarized the complex and complex feasibility of redevelopment into three formulas, is overflowing with passion.
Having established himself as a true leader in reconstruction investment, he now thoroughly dissects redevelopment investment.
Unlike reconstruction, which is mainly carried out in apartment complexes, the conventional wisdom has been that redevelopment investments cannot be digitized or analyzed numerically because the types of real estate, qualifications for cooperative members, and the interests of owners are not standardized and are complexly intertwined.
However, through this book, the author introduces a new concept called the "checklist," demonstrating that redevelopment investments can be sufficiently predicted within the margin of error.
His prediction skills, which have been verified by disclosing even the region name and rate of return without any reservation, can be summarized into three main points.

The core of this book is a checklist that summarizes the key indicators of redevelopment projects in one line.
It is possible to compare multiple districts at a glance by organizing the business performance indicators of multiple districts in a similar area in one line.
By comparing the land area, number of landowners (number of potential members), floor area ratio, etc., as well as the 'average land share per household' and 'general sale ratio' that must be checked, you can determine in just 30 seconds whether this business site is a 'possible place' or one that is likely to fail or face difficulties.

You can preview some of the book's contents.
Preview

index

Chapter 01.
The era of redevelopment investment is upon us.

The land of tremendous opportunity: the local redevelopment market
Why Local Markets Are Inevitably Thriving / Misconceptions and Truths About Local Redevelopment Investment / [Honey Tip] Residential Tenancy Rights Are Not Subject to Capital Gains Tax
Know this ①: The Difference Between Reconstruction and Redevelopment
Actual investment amount based on donation acceptance ratio / number of cash settlers / compensation and relocation expenses
Let's just know this②: Business progress process
Stages to watch closely / Stage for estimating the approximate contribution amount / [Honey Tip] There is no reconstruction association in Eunma Apartment yet / Stage for deciding whether to move in first / Stage for deciding whether to extend investment or realize profits / Stage for deciding whether to sell or move in / When to enter and when to exit
Just know this ③: Basic terminology
Cooperative members vs. landowners vs. cash settlers / Cooperative member sales price vs. general sales price vs. premium (P) / proportional ratio / appraised value vs. right value / contribution vs. additional burden / relocation loan
Know this ④: The Pitfalls of Proportionality
Why is the ratio often 100%? / When the total project cost changes / When the previous asset valuation changes / When the final asset valuation changes
Know this ⑤: The relationship between contract area and member contributions
Contract area is crucial in redevelopment and reconstruction investments. / Why member contributions vary depending on contract area. /
Know this ⑥: How to Use the Average Land Share Per Generation in Redevelopment
In reconstruction, it shows the size of the general sale volume. In redevelopment, it shows the average floor plan of a new apartment.
Insight_ Redevelopment and reconstruction investment after the August 2 real estate measures

Chapter 02.
The basis of redevelopment investment is estimating the appraised value.

The appraised value determines the premium.
The concept of premium (P) that varies depending on the progress stage / Knowing the appraised value in advance allows you to obtain more P.
Tips for estimating the appraised value of a villa
Organize local market prices and apply them to the area you plan to invest in.
Tips for Estimating the Appraised Value of a Single-Family Home
Estimate the price of a building / Estimate the price of land / Apply it to the area you want to invest in
The key to emotional appraisal is not the amount.
If the overall valuation is high, what is more beneficial: cash settlement or holding? Relative valuation is more important than absolute valuation.
Investment vs. Return: Which Comes First?
Villa vs. Single-family Home: Which One Is Your Choice? / Relocation Loans: Variable Investment Funds / [Honey Tip] Pay Attention to Taxes as Capital Gains Increase
Two apartments for one investment! What is One Plus One?
How many occupancy rights can I receive? / Conditions for receiving One Plus One distribution / Areas with a small number of general distribution units are not good / Be careful about the prohibition of separate sales and restrictions on resale / [Honey Tip] If you get one apartment and one commercial building
insight_ When investing in an early-stage area, you should consider an exit strategy.

Chapter 03.
The "Redevelopment/Reconstruction Checklist," the Ultimate Weapon for Profitability Analysis

What is the redevelopment/reconstruction checklist?
What you can get from the checklist
Let's create a checklist of areas of interest.
Understanding the status of all businesses in your area of interest / Filling in the status and progress of each area / Checking by marking on a map / [Honey Tip] Tips for ordering a large map
Let's create a checklist for each business location.
What's Included in a Business Site Checklist / [Honey Tip] A Pleasant Complex Has a Low Building-to-Land Ratio / Examining Development Potential with Site Analysis
What and how to check
Check the basics / What you can learn from the number of landowners and the general distribution ratio / [Honey Tip] Consider investment in nearby areas due to relocation demand / What you can learn from the average land share per household and the floor area ratio / Determine the business location to focus on based on the checked information
Case Study ①: Tanbang-dong District 2 (Tanbang Public Housing) Redevelopment Project
Let's examine the basic situation with the management disposition plan booklet / Let's examine the expected general sale price / Let's calculate the member contribution / What was the actual result?
Case Study ②: Yongmun-dong Districts 1, 2, and 3 Housing Reconstruction Project
Let's examine the project's progress and location / Estimate the appraised value / The relationship between the appraised value and the member's contribution / Predict the general sale price
Case Study ③: Mokdong 3, Seonhwa, and Seonhwa B District Redevelopment Project
Let's make a checklist of areas of interest / Let's start with the information on the fastest area / Let's estimate the appraised value of Mokdong District 3 / Let's apply it to the premium calculation of Seonhwa District / [Tip] Land premium can also be estimated / Let's apply it to the premium calculation of Seonhwa District B / Let's compare the business feasibility of three areas / Let's evaluate future possibilities by comparing it with the surrounding market prices / It's useless if you don't learn the method yourself.
Insight_ Tips for assessing whether project costs are appropriate

Chapter 04.
This alone is a jackpot! Checklist of major cities

How to obtain regional checklist data
Find the nationwide maintenance project notification
Seoul City Redevelopment and Reconstruction Zone Checklist
Gangnam-gu / Seocho-gu / Songpa-gu / Gangdong-gu / Yongsan-gu / Seongdong-gu / Dongdaemun-gu / Seodaemun-gu / Seongbuk-gu / Nowon-gu / Gwanak-gu / Yeongdeungpo-gu / Eunpyeong-gu / Dongjak-gu
Anyang City Redevelopment and Reconstruction Zone Checklist
Anyang City
Seongnam City Redevelopment and Reconstruction Zone Checklist
Seongnam City
Gwangmyeong City Redevelopment and Reconstruction Zone Checklist
Gwangmyeong City
Incheon City Redevelopment and Reconstruction Zone Checklist
Bupyeong-gu
Daejeon City Redevelopment and Reconstruction Zone Checklist
Daedeok-gu / Seo-gu / Dong-gu / Jung-gu
Daegu City Redevelopment and Reconstruction Zone Checklist
Dalseo-gu / Buk-gu / Nam-gu / Jung-gu / Dong-gu / Seo-gu / Suseong-gu
Gwangju City Redevelopment and Reconstruction Zone Checklist
Gwangsan-gu / Nam-gu / Dong-gu / Buk-gu / Seo-gu
Ulsan City Redevelopment and Reconstruction Zone Checklist
Ulsan City
Busan City Redevelopment and Reconstruction Zone Checklist
Geumjeong-gu / Dongrae-gu / Nam-gu / Buk-gu / Dong-gu / Seo-gu / Yeonje-gu / Yeongdo-gu / Busanjin-gu / Sasang-gu / Saha-gu / Suyeong-gu / Haeundae-gu

Into the book

The reality is that the party's redevelopment investment is being carried out as a so-called 'blind investment', with people rushing to any area or district they like.
Unlike reconstruction complexes, redevelopment zones have many more things to consider because the types, ages, and composition of houses are diverse and complex.
It is impossible to summarize so many variables into one or two formulas.
(Omitted) Is that really true? I've been investing in redevelopment projects for quite some time, and throughout that process, I've consistently researched ways to analyze their feasibility more scientifically.
The contents of this book are the result of entering, classifying, comparing, calculating, and analyzing the contents of dozens or hundreds of management disposition booklets one by one into an Excel program.

--- p.
16

Houses built in the 1970s and 1980s are very old, but they are often located in good downtown areas.
Because it was built in the most crowded place at the time.
(Omitted) What is interesting is that a similar phenomenon occurs in local metropolitan cities as well.
Although they cannot be compared to Seoul, regional metropolitan cities such as Daejeon, Daegu, Busan, and Gwangju are each considered major cities in their respective regions.
Many people are flocking here from nearby small and medium-sized cities seeking jobs, and the city center, which was first formed, already has many old houses. The local government is also paying attention to redevelopment and reconstruction in these areas.
The difference, if there is one, is that there is still much less government regulation here.

--- p.
25

Most people looking to invest in redevelopment areas prefer villas because they require less investment than single-family homes.
Single-family homes are large in size, so their sale prices are high, but their lease prices are relatively low, creating a large gap.
But the gap in the villa is relatively small.
However, as the business progresses and moving expenses are paid, the situation may change.
(Omitted) The standard for moving expenses is the appraised value, and the larger the single-family home, the larger the appraised value.
You'll need less extra money to evict a tenant, and you might even end up with moving costs left over after paying the deposit.
Ultimately, considering the final investment amount, including moving expenses, it is advisable to look at single-family homes as well as villas when investing in redevelopment.

--- p.
35

Is it a coincidence that the proportional ratio in most workplaces is around 100%? From the union's perspective, a 100% proportional ratio is advantageous in many ways.
The association is a corporate entity.
If the ratio exceeds 100%, business profits are generated and the corresponding corporate tax must be paid.
However, it is not good for the proportion to be below 100%.
It may be advantageous from a tax perspective, but it seems like a poor business.
Moreover, if the proportional ratio is 100%, the conflicts among union members are reduced.
(Omitted) In this way, rather than the number called proportional ratio being important in itself, we should pay more attention to the various changes that occur to reach 100%.
In the early stages of a business, you should not fully trust the information provided by the union.

--- p.
68

Since explaining this concept in Volume 1, we've seen many investors now use the average land share per generation to evaluate the viability of reconstruction projects.
Simply put, the average land share per household is the total land area of the apartment divided by the total number of households.
(Omitted) In redevelopment, the average land share per household is a concept that predicts how large the average floor plan of a new apartment will be.
Although there are some differences in the specific concepts, the higher the average land share per household, the better the profitability, whether it is reconstruction or redevelopment.

--- p.
87

Among union members, there are quite a few who are unaware of this fact and believe that a high appraisal value is always better.
Although the appraised value is determined based on transaction cases in the surrounding area, the actual amount is often lower.
First, it is because of the evaluation criteria.
(Omitted) In addition, from the union's standpoint, it is more advantageous for the business to proceed with a lower overall appraisal amount rather than a higher one.
Because of the cash settlement.
(Omitted) And there is one important fact.
If the overall appraisal amount is high, there is a high possibility that the member subscription price will also rise.
This is a phenomenon that occurs when trying to make the proportional ratio 100%.

--- p.
132

Publisher's Review

① Checklist to see potential locations at a glance
The core of this book is a checklist that summarizes the key indicators of redevelopment projects in one line.
It is possible to compare multiple districts at a glance by organizing the business performance indicators of multiple districts in a similar area in one line.
By comparing the land area, number of landowners (number of potential members), floor area ratio, etc., as well as the 'average land share per household' and 'general sale ratio' that must be checked, you can determine in just 30 seconds whether this business site is a 'possible place' or one that is likely to fail or face difficulties.

② Estimating the appraised value using statistical techniques
The author analyzes real estate transaction data in nearby areas and applies it to investment areas, thereby predicting appraised values quickly and with considerable accuracy.
Predicting the emotional value means entering the market at a low price and making a big profit while many people are still hesitating and doubting the viability of the sector.
At the same time, it is a technique to minimize actual investment by finding out the exact premium added to the emotional appraisal amount.

③ Breaking through the trap of average land share per generation and general distribution ratio
The proportional ratio is a representative indicator showing the profitability of a redevelopment area.
However, in actual redevelopment investment sites, the proportional ratio fluctuates depending on the situation, so there is no guarantee that profits will be generated until the end even if the current proportional ratio is high.
By simultaneously examining the "average land share per generation," an original indicator he developed, and the "general distribution ratio," widely used by existing investors, the author, like Sherlock Holmes, reveals whether the proportional ratio of a given business will rise or fall in the future.
Old-fashioned investment methods that rely solely on the union leader's words and end up losing money will have no place in the future.

GOODS SPECIFICS

- Date of issue: June 15, 2019

- Page count, weight, size: 332 pages | 666g | 170*225*20mm

- ISBN13: 9791196630430

- ISBN10: 1196630437