Flipping Houses For Dummies (For Dummies Series) - Softcover

Roberts, Ralph R.; Kraynak, Joseph

Softcover

ISBN 10: 1118801636 ISBN 13: 9781118801635

Publisher: John Wiley & Sons, 2014

Synopsis

Not just another house flipping book You can find plenty of books about flipping houses that claim "anyone can do it." 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. * Negotiating strategies to close deals faster * Mortgage myths in the new economy * Time- and money-saving tips for making every day and every dollar count * New strategies for scoring bank-owned and foreclosed properties * Quick makeover solutions on everything from curb appeal to kitchens and bathrooms 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. If you're ready for hard work and big profits, start flipping!

About this title

About the Author

Ralph R. Roberts is a master at flipping houses, earning a profit even in the depressed real estate market in Detroit, Michigan. Roberts is recognized nationally for his success in real estate, particularly in the field of foreclosures. Joe Kraynak is a freelance author and writing consultant who has written and coauthored numerous books on a wide range of topics. He is a valued partner and advisor to many For Dummies authors.

From the Back Cover

• Evaluate properties with an eye for flipping
• Calculate a purchase price that maximizes your ROI
• Focus on repairs and renovations that will give you the most bang for your buck

The definitive guide to making money by flipping houses

Thinking about flipping? If you’re interested in the idea but are skeptical about others’ claims that making money flipping houses is easy and risk-free, this book is for you. This updated edition of Flipping Houses For Dummies takes a fun yet no-nonsense approach to giving you savvy strategies for negotiating deals, modernizing properties for maximum profit, marketing your home, and much more — without losing your shirt.

• Laying the foundation — find out if you have what it takes to flip houses, devise an effective strategy, build your dream team, and secure necessary funds
• House hunting — find great neighborhoods to work in, get trusted advice on how to pick the perfect house, and get the scoop on foreclosures
• Crunching numbers — make every dollar count with time- and money-saving tips, get the lowdown on mortgages, and make spot-on profit projections
• Fixing up your fixer upper — discover quick makeovers that give you the biggest bang for your buck, from improving curb appeal to renovating kitchens and bathrooms
• Cashing in — get proven negotiating tips to close deals faster and maximize your profits

Open the book and find:

• How to put together a solid flipping strategy
• The best methods for securing funding
• The skinny on house hunting and neighborhood scoping
• How to close in on great deals with foreclosures
• Details on crunching numbers and evaluating properties
• How to make smart decisions about repairs and renovations
• Techniques for negotiating the sale of a home
• How to keep track of taxes and technicalities

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2014
• Language: English
• ISBN 10: 1118801636
• ISBN 13: 9781118801635
• Binding: Paperback
• Edition number: 2
• Number of pages: 384