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:
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.
"synopsis" may belong to another edition of this title.
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
Joe Kraynak is a freelance author who has written and coauthored dozens of books on topics ranging from slam poetry to computer basics. Joe teamed up with Dr. Candida Fink to write his first book in the For Dummies series, Bipolar Disorder For Dummies, where he showcased his talent for translating the complexities of a topic into plain-spoken, practical advice. In Flipping Houses For Dummies, Joe teams up with legendary real estate pro Ralph Roberts to produce the ultimate guide to profitable real estate flipping—flipping the right way.
"About this title" may belong to another edition of this title.
Shipping:
FREE
Within U.S.A.
Book Description paperback. Condition: New. New Condition, Paperback book, Seller Inventory # 2401190122
Book Description Condition: New. Buy with confidence! Book is in new, never-used condition 1.3. Seller Inventory # bk0470043458xvz189zvxnew
Book Description Condition: New. New! This book is in the same immaculate condition as when it was published 1.3. Seller Inventory # 353-0470043458-new
Book Description Paperback. Condition: new. New. Fast Shipping and good customer service. Seller Inventory # Holz_New_0470043458
Book Description Paperback. Condition: New. pl. Seller Inventory # 210327001
Book Description Condition: new. Seller Inventory # FrontCover0470043458
Book Description Paperback. Condition: Brand New. 1st edition. 364 pages. 9.00x7.50x1.00 inches. In Stock. Seller Inventory # 0470043458
Book Description Paperback. Condition: new. New Copy. Customer Service Guaranteed. Seller Inventory # think0470043458
Book Description Paperback. Condition: new. Brand New Copy. Seller Inventory # BBB_new0470043458
Book Description Paperback. Condition: new. New. Seller Inventory # Wizard0470043458