Flip: How to Find, Fix, and Sell Houses for Profit (REAL ESTATE) - Softcover

Rick Villani, .

Softcover

ISBN 10: 0071486100 ISBN 13: 9780071486101

Publisher: McGraw-Hill Education, 2007

Synopsis

FLIP, the third book in the National Bestselling Millionaire Real Estate Series (More than 500,000 copies sold!)

FLIP provides a detailed, step-by-step process to analyze each investment, identify the best improvements, accurately estimate the costs and intelligently oversee the construction. It takes out all the guess work and almost all of the risk.

Here's what industry experts are saying about FLIP:

"Read this book before you flip that house! FLIP is an indispensable step-by-step guide to flipping houses that you will refer to again and again."-Carlos Ortiz, Executive Producer, "FLIP That House" (TLC's most popular real estate TV show)

"At HomeVestors, we're in the business of buying and selling homes for profit and I can attest that there are few, if any, who can rival Rick's and Clay's expertise when it comes to fixing up houses for profit. This book is a must-read for any investor."-Dr. John Hayes, President and CEO of HomeVestors of America (the largest homebuyer in America)

"FLIP is a must-read book for everyone in the real estate business. Every agent should have this book. They should read it and master its contents. Why? Because it is the best guide ever written on how to evaluate real estate and how to add value to a house."-Gary Keller, Founder and Chairman of the Board of Keller Williams Realty International and author of bestselling The Millionaire Real Estate Agent and The Millionaire Real Estate Investor

"For anyone looking to build wealth in real estate, FLIP provides a step-by-step approach that really works in any market."-Loral Langemeier, bestselling author of The Millionaire Maker

FLIP extends the national bestselling Millionaire Real Estate series with a step-by-step guide that is quickly becoming "the model" for successfully finding, fixing and selling investment properties for profit.

Based on their involvement in over a 1,000 flips, Rick Villani and Clay Davis walk you through the proven five-stage model for successfully flipping a house:

1. FIND: How to select ideal neighborhoods, attract sellers, and find houses with investment potential
2. ANALYZE: Identify which improvements to make and analyze the profit potential of any house
3. BUY: How to arrange financing, present the offer, and close on the purchase
4. FIX: A 50-step, easy-to-follow plan for fixing up houses that keeps you on time, in budget and assures top quality
5. SELL: How to add finishing touches to quickly sell for maximum profit

Woven through the book is an entertaining narrative that follows the flipping adventures of Samantha, Ed, Bill, Nancy, Amy and Mitch as they find, buy, fix and sell their first investment houses. With all this plus the experience of over a thousand flips condensed into one book, FLIP gives new investors the tools they need to avoid common pitfalls, make a profit, and enjoy the process of house flipping.

Rick Villani and Clay Davis are senior executives at HomeFixers, North America's leading real estate rehab franchise. HomeFixers has been involved in more than 1,000 flips nationwide.

About this title

About the Author:

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

Gary Keller is Chairman of the Board of Keller Williams ï¿ Realty International. Keller is responsible for providing strategic direction for all Keller Williams ï¿ divisions and affiliate companies, including Keller Williams University, kw.com, homesbyAuction.com, and the agent-led Eagentc.com. Keller established Keller Williams ï¿ with partner Joe Williams in 1983. The company began franchising in 1987 and expanded to Canada in 1998. From 1995 to present, Keller Williams ï¿ has become one of the fastest growing real estate companies in the United States with sales and commissions growth topping 700% during that period. A native of Houston, Texas, Keller attended Baylor University, where he earned a B.B.A. in Marketing and Real Estate in 1979. Keller began his real estate career as an agent and later manager in the JB Goodwin Company from 1979 to 1983. Keller is a member of the Austin Board of Realtors, the Texas Association of Realtors, and the Austin Multiple Listing Service. Keller was nominated and later appointed to the NATIONAL ASSOCIATION OF REALTORSï¿ Board of Directors in 2000. He has served on the Board of the Austin Jaycees, the Board of Directors of the Austin Center for Battered Women, and been listed in Oxfords Whos Who of Young Professionals. An accomplished teacher in all aspects of residential real estate, Gary is a strong proponent of professional education. Beyond his role overseeing the vision and implementation of Keller Williams University, Keller actively pursues mentoring and consulting relationships within and without the company. Keller is married to Mary Pfluger; they have one child, John Christian. He is a musician -- guitar and piano -- and enjoys reading, hiking, traveling, antiques, movies, football, basketball, and spending as much time as possible with his family.

Synopsis:

The people who brought you the bestselling "The Millionaire Real Estate Investor" and "The Millionaire Real Estate Agent" reveal their formula for flipping. From an exclusive partnership between HomeFixers, one of the country's leading real estate investment firms, and the people behind the bestselling "Millionaire Real Estate" series, comes "Flip", a foolproof guide to turning profits by flipping houses. Flipping is one of the most popular investment techniques in real estate, and one that can deliver profits in any real estate market - but it's also difficult to do correctly. HomeFixers, one of the most successful property flippers in the country, offers a unique, five-step system that makes house flipping understandable, easy-to-implement, and very lucrative. "Flip" walks you through every stage of the process - from finding properties in the right locations and buying at the best price, to working with contractors, prepping the house for the market, and reselling at top dollar.The key to the "Flip" success formula is its focus on finding the right house in the right location, so you can optimize the sales-appeal and profit margin of your flip.

This is the 5-step process to successful flipping: Find - Define the property you want and develop a search plan; Analyze - Evaluate the improvements to maximize profit and create a budget; Buy - Negotiate an offer, verify your numbers, and close; Fix - Quickly make necessary repairs within budget; and Flip - Good marketing and finishing touches can maximize profit!

About this edition

• Publisher: McGraw-Hill Education
• Publication date: 2007
• ISBN 10: 0071486100
• ISBN 13: 9780071486101
• Binding: Paperback
• Number of pages: 408