Flipping Houses Master The Latest Strategies And Practical Steps For Profitable Investments How To Work From Home Flipping Houses And Actually Make Money
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Flipping Houses: Master the Latest Strategies and Practical Steps for Profitable Investments (How to Work from Home Flipping Houses, and Actually Make Money)
Flipping a house is when you buy a cheap property, fix it up yourself or with a professional contractor, and then resell it for a profit. Depending on what you’ve heard, house-flipping is either an absurdly dangerous way to try to make money, or an incredibly rewarding experience that ends with you lining your pockets with cash. The reality is that house-flipping is both. If you don’t know what you’re doing, flipping a house is way too risky for most people, but if you have taken the time to do your research and are ready with some money, house-flipping can be a great way to make a good profit very fast. Inside, you’ll learn how to: · Spot high-potential properties in competitive markets · Secure funding quickly, whether you're a first-time flipper or full-time investor · Plan renovations effectively, avoiding costly mistakes · Market and sell your flip fast, even in slow markets · Transition from hobbyist to professional, building a sustainable flipping business The most obvious benefit of flipping houses is of course the potentially big capital gain that can be made. There are however a few other, more abstract benefits that you need to be aware of when embarking on flipping houses to achieve your real estate riches. This book offers sound advice on the pitfalls and common mistakes that many people make and shows the best ways to avoid them. So, what are you waiting for?
Flipping Houses For Dummies
Author: Ralph R. Roberts
language: en
Publisher: John Wiley & Sons
Release Date: 2011-03-01
This guide provides an overview of the many components of the popular practice of flipping properties. Coverage spans the flipping process from start to finish—finding, buying, fixing up, and selling—and the variables needed to make all of those steps successful and profitable. Also included is coverage on negotiating, property inspections, mortgages, taxes, and working with contractors, brokers, and real estate agents. The book 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.