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Flipping Houses for Dummies
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eBay-Artikelnr.:276696503491
Artikelmerkmale
- Artikelzustand
- ISBN
- 9780470043455
Über dieses Produkt
Product Identifiers
Publisher
Wiley & Sons, Incorporated, John
ISBN-10
0470043458
ISBN-13
9780470043455
eBay Product ID (ePID)
63001656
Product Key Features
Book Title
Flipping Houses for Dummies
Number of Pages
384 Pages
Language
English
Topic
Real Estate / General, Real Estate / Buying & Selling Homes
Publication Year
2006
Illustrator
Yes
Genre
Business & Economics
Format
Perfect
Dimensions
Item Height
0.8 in
Item Weight
0 Oz
Item Length
9.2 in
Item Width
7.4 in
Additional Product Features
Intended Audience
Trade
Reviews
"It promised to teach would-be property moguls how to "lay the foundation for successful flipping and bring home bucks"." ( Economist, March 2007)
Dewey Edition
22
Dewey Decimal
332.6324
Table Of Content
Introduction. Part I: Laying the Foundation for Successful Flipping. Chapter 1: Wrapping Your Brain Around the Idea of House Flipping. Chapter 2: Do You Have the Right Stuff for Flipping? Chapter 3: Devising an Effective Flipping Strategy. Chapter 4: Building Your Dream Team. Part II: Fiddling with the Financials of Property Flipping. Chapter 5: Guesstimating Your Potential Profit. Chapter 6: Securing the Funds to Fuel Your Flip. Chapter 7: Trudging Through Some Taxing Issues. Part III: House Hunting with an Eye for Flipping. Chapter 8: Scoping Out a Fertile Neighborhood. Chapter 9: Hunting for Houses in Your Target Area. Chapter 10: Inspecting the Property with an Eye for Rehab. Chapter 11: The Art of Haggling: Negotiating a Price and Terms. Chapter 12: Closing In on Foreclosure Properties. Part IV: Fixing Up Your Fixer-Upper. Chapter 13: Prioritizing and Planning Your Renovations. Chapter 14: Giving Your Property a Quick Makeover. Chapter 15: Perking Up the Curb Appeal. Chapter 16: Dazzling the Crowds with Updated Kitchens and Baths. Chapter 17: Sweating Through Some Moderate Makeovers. Chapter 18: Reconfiguring Spaces and Other Structural Overhauls. Part V: Sold! Selling Your Rehabbed Home. Chapter 19: Marketing Your Home. Chapter 20: Staging a Successful Showing. Chapter 21: Negotiating the Sale to Maximize Your Profit. Part VI: The Part of Tens. Chapter 22: Ten Signs of a Great House Flipping Opportunity. Chapter 23: Ten Renovation Cost-Cutting Strategies. Chapter 24: Ten Common House Flipping Blunders. Chapter 25: Ten Strategies for Surviving a Slow Market. Index.
Synopsis
Covers taxes, mortgages, and inspections Lay the foundation for successful flipping and bring home the bucks Want to flip houses? This no-nonsense guide gives you the inside scoop on buying, renovating, and selling property, with plenty of time- and money-saving tips to keep you on budget and on schedule. You get savvy strategies for negotiating deals, modernizing for maximum profit, marketing your home, avoiding common blunders, and staying afloat in a slow market. Discover how to Find properties to flip Project your profits Secure financing Draw in buyers Work with contractors, agents, and other real estate professionals Steer clear of legal gray areas, "This book is designed for realty investors who want to profit from buying below market, making cosmetic improvements to add value, and then quickly reselling. But real estate agents and home buyers should also study it because of the valuable insights offered by a longtime, very successful real estate broker. On my scale of one to 10, this superb book rates an off-the-chart 12." - Robert Bruss You''ve probably seen TV shows like Flip This House and Flip That House , in which Real estate investors buy, renovate, and sell a house in a matter of weeks for tens of thousands of dollars in profit. They make flipping houses look so easy that you want to jump out of your recliner (during the next commercial, of course), run down the street, find a house for sale, flip it for a 50 percent profit, and run back home to continue watching the show. I, Ralph Roberts, have flipped hundreds of houses, and it''s never as easy as it looks on TV. People don''t generally line up at your front door begging you to buy their house for 30-50 percent below market value. Renovation expenses always exceed estimates. And you can''t always sell a house for what you think it''s worth. Flipping houses for a profit requires time, money, and what I like to call sticktoitism -dogged determination in the face of overwhelming uncertainty. Not just another house flipping book You can find plenty of books about flipping houses that claim "anyone can do it" and make flipping look easy and risk-free. Flipping Houses For Dummies takes a different approach-honesty. We don''t claim that flipping houses is "easy" or "simple" or "risk-free," because, quite frankly, it isn''t. Flipping Houses For Dummies reveals the risks and rewards of flipping properties; helps you determine whether you have the time, energy, cash, and other resources to be successful; and then conveys the expert knowledge that those who wish to pursue house flipping need in order to minimize risk and maximize potential profits in a very competitive market. Did you know? Most books on flipping houses gloss over the key factors that that make or break the novice house flipper. These are the very items we focus on in Flipping Houses For Dummies . For example, did you know: You should secure financing before you look at houses. As a flipper, you want dontwanners -houses that the owners obviously don''t want. You make your profit when you buy the property. You realize your profit when you sell. Always plan on earning at least 20 percent after your total investment-purchase price, repairs and renovations, real estate agent commissions, and holding costs (monthly mortgage payments, insurance, property taxes, and utilities). Working with a top-notch real estate agent can save you thousands of dollars more than what you pay in commissions. You should choose a limited geographical area to work and then become an expert on the houses and property values in that area. Your goal when renovating a home should be to bring the property up to market standards, not exceed them. A flipping book for real people Flipping Houses For Dummies speaks to the mom and pop investor, steering you clear of the gray areas, which tend to carry high-risks and low-returns, into safer, more potentially profitable areas. We encourage you invest in your comfort zone and take on bigger, riskier projects with higher profit potential only when you''re ready. In Flipping Houses For Dummies we stress that the first flip is the most important one, and we take the guesswork out of the first transaction, to lead you through a positive first experience on which to build a promising real estate investment portfolio. Flipping Houses For Dummies provides plenty of examples of successful and not-so-successful property flips, presenting the total investment (in time and money), the work involved, and the net profit. Before-and-after photos visually illustrate the positive transformations from run-down-shacks to showcase homes., "This book is designed for realty investors who want to profit from buying below market, making cosmetic improvements to add value, and then quickly reselling. But real estate agents and home buyers should also study it because of the valuable insights offered by a longtime, very successful real estate broker. On my scale of one to 10, this superb book rates an off-the-chart 12." -- Robert Bruss You've probably seen TV shows like Flip This House and Flip That House , in which Real estate investors buy, renovate, and sell a house in a matter of weeks for tens of thousands of dollars in profit. They make flipping houses look so easy that you want to jump out of your recliner (during the next commercial, of course), run down the street, find a house for sale, flip it for a 50 percent profit, and run back home to continue watching the show. I, Ralph Roberts, have flipped hundreds of houses, and it's never as easy as it looks on TV. People don't generally line up at your front door begging you to buy their house for 30-50 percent below market value. Renovation expenses always exceed estimates. And you can't always sell a house for what you think it's worth. Flipping houses for a profit requires time, money, and what I like to call sticktoitism --dogged determination in the face of overwhelming uncertainty. Not just another house flipping book You can find plenty of books about flipping houses that claim "anyone can do it" and make flipping look easy and risk-free. Flipping Houses For Dummies takes a different approach--honesty. We don't claim that flipping houses is "easy" or "simple" or "risk-free," because, quite frankly, it isn't. Flipping Houses For Dummies reveals the risks and rewards of flipping properties; helps you determine whether you have the time, energy, cash, and other resources to be successful; and then conveys the expert knowledge that those who wish to pursue house flipping need in order to minimize risk and maximize potential profits in a very competitive market. Did you know? Most books on flipping houses gloss over the key factors that that make or break the novice house flipper. These are the very items we focus on in Flipping Houses For Dummies . For example, did you know: You should secure financing before you look at houses. As a flipper, you want dontwanners --houses that the owners obviously don't want. You make your profit when you buy the property. You realize your profit when you sell. Always plan on earning at least 20 percent after your total investment--purchase price, repairs and renovations, real estate agent commissions, and holding costs (monthly mortgage payments, insurance, property taxes, and utilities). Working with a top-notch real estate agent can save you thousands of dollars more than what you pay in commissions. You should choose a limited geographical area to work and then become an expert on the houses and property values in that area. Your goal when renovating a home should be to bring the property up to market standards, not exceed them. A flipping book for real people Flipping Houses For Dummies speaks to the mom and pop investor, steering you clear of the gray areas, which tend to carry high-risks and low-returns, into safer, more potentially profitable areas. We encourage you invest in your comfort zone and take on bigger, riskier projects with higher profit potential only when you're ready. In Flipping Houses For Dummies we stress that the first flip is the most important one, and we take the guesswork out of the first transaction, to lead you through a positive first experience on which to build a promising real estate investment portfolio. Flipping Houses For Dummies provides plenty of examples of successful and not-so-successful p, This book is designed for realty investors who want to profit from buying below market, making cosmetic improvements to add value, and then quickly reselling. But real estate agents and home buyers should also study it because of the valuable insights offered by a longtime, very successful real estate broker.|9780470043455|
LC Classification Number
HD1390
As told to
Kraynak, Joe
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Produktbewertungen & Rezensionen
Relevanteste Rezensionen
- 25. Feb. 2016
Flipping Houses for Dummies evaluation
Bestätigter Kauf: JaZustand: GebrauchtVerkauft von: fortycalglock22
- 12. Feb. 2019
Rags to riches book.
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- 05. Aug. 2019
Good book to get a basic working knowledge of flipping hoses, but you will need more in depth information when you are getting ready to spend money
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- 05. Okt. 2021
Flipping properties
Bestätigter Kauf: JaZustand: GebrauchtVerkauft von: discover-books
- 11. Jul. 2017
Flipping Houses
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