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Home > Business & Economics > Real Estate - General > Flipping Houses For Dummies-eBook
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Flipping Houses For Dummies
A simple and straightforward guide to the popular investment strategy

Flipping Houses For Dummies explores a popular niche in the current real estate boom. The opposite of the safe "buy and hold" strategy advocated in most investor books, flipping is the act of buying a property cheaply, renovating it to add value, and quickly reselling it at or near market value for a profit.

This handy guide provides an overview of all the vital components of the art of flipping, covering the entire process from start to finish. Readers will learn how to find properties, negotiate and purchase them, perform improvements and renovations, and sell them for a tidy profit. The book covers all the many variables that can affect the process and includes coverage of property inspections, mortgages, and taxes, as well as working with contractors, brokers, and agents. Straightforward and straight-to-the-point, Flipping Houses For Dummies is perfect for responsible investors who want to flip houses the right way and steer clear of legal gray areas that get some investors into trouble.

Ralph R. Roberts (Warren, MI) is a seasoned real estate professional who buys, rehabs, and resells homes.
Joe Kraynak (Crawfordsville, IN) is the author of more than 50 books, including Bipolar Disorder For Dummies (0-7645-8451-0), from Wiley.

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Title of ebook: Flipping Houses For Dummies
ISBN: 9780470121887
Publisher: For Dummies
Internet download file size: 5179 kb
Pages: 384
Released online for download: 10-25-2006
Author of eBook: Roberts, Ralph R.
Author of eBook: Kraynak, Joe

Flipping Houses For Dummies


Chapter One

Wrapping Your Brain Around the Idea of House Flipping

In This Chapter

* Understanding the concept and challenges of flipping

* Flipping the right way - legally and ethically

* Developing a winning strategy and the right connections

* Surveying money matters and savvy renovations

* Marketing and staging a house properly to maximize your profit

Flipping sounds easy. You can flip a pancake. You can flip a coin. Without too much effort, you can even flip out. Flipping a house, on the other hand, requires a level of knowledge, expertise, and sticktoitism unrivaled by any of these mindless tasks. It requires access to cash, and lots of it. It demands time, energy, vision, attention to detail, and the ability and desire to network with everyone from buyers and sellers to real estate professionals, contractors, and lenders.

In this chapter, I offer a broad overview of what flipping houses is all about. I introduce the overall strategy of flipping houses - buy low, renovate, and sel ... read full excerpt from Flipping Houses For Dummies ebook



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