Flipping Houses For Dummies by Ralph R. Roberts
Flipping Houses For Dummies by Ralph R. Roberts PDF, ePub eBook D0wnl0ad
"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.From reader reviews:
Claudia Weidner:
The reserve untitled Flipping Houses For Dummies is the guide that recommended to you to study. You can see the quality of the guide content that will be shown to you actually. The language that publisher use to explained their ideas are easily to understand. The article author was did a lot of investigation when write the book, to ensure the information that they share to you personally is absolutely accurate. You also will get the e-book of Flipping Houses For Dummies from the publisher to make you much more enjoy free time.
Ana Gaskill:
The book untitled Flipping Houses For Dummies contain a lot of information on this. The writer explains your ex idea with easy approach. The language is very easy to understand all the people, so do definitely not worry, you can easy to read that. The book was compiled by famous author. The author brings you in the new age of literary works. It is possible to read this book because you can keep reading your smart phone, or model, so you can read the book inside anywhere and anytime. If you want to buy the e-book, you can open up their official web-site as well as order it. Have a nice learn.
Ruth Ford:
You may spend your free time to learn this book this book. This Flipping Houses For Dummies is simple to bring you can read it in the park, in the beach, train along with soon. If you did not include much space to bring typically the printed book, you can buy typically the e-book. It is make you much easier to read it. You can save typically the book in your smart phone. Therefore there are a lot of benefits that you will get when you buy this book.
Read Flipping Houses For Dummies by Ralph R. Roberts for online ebook
Flipping Houses For Dummies by Ralph R. Roberts Free PDF d0wnl0ad, audio books, books to read, good books to read, cheap books, good books, online books, books online, book reviews epub, read books online, books to read online, online library, greatbooks to read, PDF best books to read, top books to read Flipping Houses For Dummies by Ralph R. Roberts books to read online.
No comments:
Post a Comment