Business & Economics

The Business of Flipping Homes

The Business of Flipping Homes

Author: William Bronchick

Publisher: BenBella Books, Inc.

ISBN: 9781942952787

Category: Business & Economics

Page: 304

View: 517

Whether you're looking to make a career out of flipping homes or see it as a part-time venture, you can make fast money legitimately. Before you get started, you need to know the right way to flip, regardless of local market conditions and current economic trends. There's more to flipping than redoing a kitchen or staging a property. Every deal is different, and each investor must have a clear business strategy. Expert investors William Bronchick and Robert Dahlstrom have learned how to be successful in all types of markets—and now they share their secrets with you. From the bestselling authors of Flipping Properties, which brought the term "flipping" to American households, The Business of Flipping Homes is an A-to-Z guide for both new and seasoned investors. The book explains what flipping is and isn't, goes beyond the investment of a basic single-family home, and demonstrates how to find, renovate, and sell properties using proven methods. With more than 40 years combined experience in buying and selling investment properties, Bronchick and Dahlstrom explain how to avoid many of the pitfalls and issues that could drain your funds and come back to haunt you. They give systematic approaches on long-term planning, including how to find and work with partners, structure a business, and utilize your specific talents, resources, and aspirations in realistic ways. You'll learn how to figure out timelines, work with real-estate agents, understand the paperwork, analyze the numbers, utilize technology, and, most important, find the money.
Business & Economics

Fix and Flip

Fix and Flip

Author: Mark Loeffler

Publisher: John Wiley & Sons

ISBN: 9781118181058

Category: Business & Economics

Page: 272

View: 702

The ultimate how-to guide to fixing-and-flipping properties Judging from the number of reality TV shows devoted to home renovation, it's easy to think that fixing-and-flipping is a sure-fire, straightforward way to make money, fast. But there's a lot more to the real estate business than a little hard work and some basic DIY skills. Just like every other business venture, to be successful you need to understand the potential pitfalls as well as the possible profits before diving in, and Fix and Flip: The Canadian How-To Guide for Buying, Renovating and Selling Property for Fast Profit is designed to help you do just that. Putting everything you need to know about how the business of fix-and-flips work right at your fingertips, authors Mark Loeffler and Ian Szabo are the perfect pair for the job, bringing you both the financing and contracting expertise that has made their own renovation business a huge success. Offering step-by-step guidance on exactly how to effectively renovate and sell, Loeffler and Szabo walk you through the skills you need to get started, how to identify properties with potential, saving money on materials, preparing to sell, and much, much more. Packed with expert advice on both the financing and contracting aspects of fixing-and-flipping properties Filled with checklists and practical techniques to help you get to work right away Explains the pitfalls to avoid and the profits to be made in the fix-and-flip business Packed with invaluable tips, handy checklists, and time- and cost-saving techniques to help you make the most money you can from distressed properties, this is the only book you need to start fixing-and-flipping like a pro.
Business & Economics

Real Estate Investing: Rental Property + Flipping Houses

Real Estate Investing: Rental Property + Flipping Houses

Author: James Connor

Publisher: Abhishek Ravichandran

ISBN: PKEY:6610000265855

Category: Business & Economics

Page: 184

View: 256

If you want to increase your wealth through investing in property but have absolutely no clue where to start, then keep reading ... Have you ever thought about the huge potential to create wealth through investing in rental properties? Thinking about it and doing it are two different things. You want to invest, but you have no idea where to start? Before you can make a down payment, there is important information that you’ve got to know. For example, do you know where the best place to find a rental property to invest in is? Do you browse the web or do you go to an auction? And should you look for a property that is in your neighborhood, or should you be searching for an investment in a beachfront property? There are countless questions you need to ask and know the answers to before you can start investing. It isn’t as simple as going to the store to buy a loaf of bread. If investing in real estate was that easy, then everyone would be doing it. The first key to unlocking the door to your investment dreams is to create a detailed business plan. You need to understand the secrets to analyze the market so that you land a profitable property. With a clear strategy that has been created by real estate experts, you can get yourself on the property ladder, and start making direct income through rent. Buying the property is only the first step. You have to find tenants and as any successful investor will tell you, you have to retain these tenants. There are numerous options for managing your properties and once you understand the pros and cons to each different management strategy, then you can make a sound choice and start thinking about adding to your property portfolio. In this book, “Rental Property Investing”, you will discover: * The 5 easy steps to create a successful business plan * The tax benefits that property investors are entitled to and how to claim them * The 5 principles to succeed as a property investor * The different sources for finding a property and the best one for you * How to see the big picture when analyzing potential properties to add to your portfolio * How to buy a $0 house * A simple explanation of how to calculate your future expenses * The criteria that you have to use when selecting the right location to invest in * The 3 types of rental management strategies and how to choose the best one for you * How to create an exit strategy and the best time to do it * The 5 stages of finding a tenant And much, much more. Plus as a bonus, you’ll also get Flipping Houses to help you learn the shortcuts to making huge profits through flipping houses to become financially independent and live your dream life. In Flipping Houses you’ll discover: * The 8 key ways to secure financing * The most important consideration when choosing the right real estate farm area * How to choose who to buy from and why * The 10 places you need to go to locate the very best real estate deals * The secret formulas for profitable home flipping * How to become a killer negotiator, who always makes the best deals * The 7 questions you must ask before hiring a contractor * The techniques to becoming a ruthless closer * How to apply for the most beneficial license every house flipper needs to have And much, much more. There are two traps that most people fall into when they think about property investment. The first is that you have to be rich to do it. The second is that it is so difficult that only very few clever people can become a property investor. Neither of these things is true. There are millions of ordinary people with property portfolios around the world. You can become one of them without studying for years. If you want to discover the secrets to successful rental property investing, then you need this book today!
Business & Economics

Fixing & Flipping Houses

Fixing & Flipping Houses

Author: Royal Investments, LLC

Publisher: Royal Investments, LLC

ISBN:

Category: Business & Economics

Page: 11

View: 698

This book analyzes pitfalls of flipping houses, explains how to find the right houses to flip for profits, getting the best price on a house, and finding foreclosed houses, amongst a host of other great investment strategies.
Business & Economics

The Complete Guide to Flipping Properties

The Complete Guide to Flipping Properties

Author: Steve Berges

Publisher: John Wiley & Sons

ISBN: 9780471481393

Category: Business & Economics

Page: 240

View: 190

Fix and flip single-family houses for quick profit--and long-termprosperity The Complete Guide to Flipping Properties offers proven,straightforward guidance for anyone interested in flippingproperties for quick profits. This comprehensive guide to flippingwill help any real estate investor design a detailed plan forachieving their financial goals as quickly as possible. SteveBerges, creator of the value play strategy, shows you step by stephow to flip properties and lock in profits. With in-depthexplanations of every aspect of the art of flipping--from findingproperties and closing the deal, to repairing houses and resellingat the best price--this book is the ultimate resource for noviceinvestors and real estate pros alike. The Complete Guide to Flipping Properties includes: * Time-tested strategies for flipping * Ten proven methods for locating great properties * Property valuation methods--and which one is right for you * Financial analysis and modeling techniques * How to create value and maximize your profits * Seven steps of successful negotiation * How to close the deal * Foolproof exit strategies for getting rid of properties * How to assemble a winning team of professionals * Three keys to maximizing your potential as a real estateinvestor With tips on writing business plans, investing on credit or withOPM (other people's money), and creative financing methods, TheComplete Guide to Flipping Properties gives any investor the toolsthey need to build wealth safely and reliably.
Business & Economics

Flipping Houses For Canadians For Dummies

Flipping Houses For Canadians For Dummies

Author: Ralph R. Roberts

Publisher: John Wiley & Sons

ISBN: 9780470677285

Category: Business & Economics

Page: 384

View: 450

Lay the foundation for successful flipping and bring home the bucks Want to flip houses? This no-nonsense guide gives you the inside scoop on buying, renovating, and selling property, with plenty of time- and money-saving tips to keep you on budget and on schedule. You get savvy strategies for negotiating deals, modernizing for maximum profit, marketing your home, avoiding common blunders, and staying afloat in a slow market. Make money in any market — discover simple guidelines that will help you to profit no matter what the economic climate Secure funding for your flip — explore all your options for the capital you need Build a budget — understand all the costs you may face and avoid any costly surprises Maximize your tax savings — get valuable tips on what expenses you can deduct Find buried real estate treasures — learn how to spot homes with untapped potential and how to buy homes from foreclosures and tax sales Buy property at the best price — find out negotiation secrets that will add thousands of dollars to your bottom line Renovate your property for maximum profit — make renovations that add real value to your home Market your home — dazzle prospective buyers with through marketing materials and home staging Open the book and find: Who you need on your team How to determine a realistic resale price Creative financing options What questions to ask before you buy How to buy foreclosure properties in the U.S. Which quick fixes enhance a home's value When to take on major structural enhancements How to negotiate the sale to maximize your profit
Business & Economics

The Flipping Blueprint

The Flipping Blueprint

Author: Luke Weber

Publisher: Bookbaby

ISBN: 1483590542

Category: Business & Economics

Page: 178

View: 602

"So many people are enthralled with house flipping, but they don't know how or where to start. The Flipping Blueprint is your guide to this business. Everything from finding the deals to dealing with contractors to negotiating contracts is covered. This is what works in our markets now! Luke Weber is a successful real estate entrepreneur who has flipped everything from manufactured homes to single family residences to apartment buildings. Tired of seeing so many people try and fail or get into bad deals and lose money, he has documented what he does in his business day in and day out so that you can reach your real estate investing goals." -- Back cover.
Business & Economics

The Book on Flipping Houses

The Book on Flipping Houses

Author: J. Scott

Publisher: Biggerpockets Publishing, LLC

ISBN: 1947200100

Category: Business & Economics

Page: 320

View: 187

This no-fluff book contains detailed, step-by-step training perfect for both the complete newbie or seasoned pro looking to build a killer house-flipping business. In this book you'll discover: --How to get financing for your deals, even with no cash and poor credit! --How to evaluate a potential market or "farm" area! --What types of properties you should buy, where and from whom! --How to find great deals from motivated sellers! --How to evaluate deals quickly and accurately! --How to make competitive offers and complete your due diligence efficiently and effectively! --How to create a Scope of Work, a Budget and a Schedule! --How to hire the best contractors and manage your rehab to completion! --How to get your properties under contract for top dollar! --How to get your property to the closing table as efficiently as possible so you can collect your check!
House & Home

The Home Flipper's Journal

The Home Flipper's Journal

Author: Nancy Dunham

Publisher: Simon and Schuster

ISBN: 9781646041985

Category: House & Home

Page: 160

View: 463

Keep your renovation project on track with this all-in-one log book for organizing and executing a successful home flip. Whether you’re a first-time house flipper or experienced flipping pro, executing a financially effective house makeover requires patience, time, and, above all else, extreme organization. Now, buying, renovating, and selling a home has never been easier, thanks to this ultimate organizational tool. Keep track of all the major improvements and little details in one handy place with included: Easy-to-use resale value charts Property feature worksheets Budget trackers Contractor logs And much more! You’ll also find plenty of tips and tricks for successful financing and construction, as well as important information about the resale market. This journal is the perfect guide to a profitable home-flipping experience!
BUSINESS & ECONOMICS

Flipping Houses Quickstart Guide

Flipping Houses Quickstart Guide

Author: Elisa Zheng Covington

Publisher:

ISBN: 1636100333

Category: BUSINESS & ECONOMICS

Page: 0

View: 931

THE ULTIMATE BEGINNER'S GUIDE TO LEARNING HOW TO FLIP HOUSES - INCLUDES A COMPREHENSIVE ONLINE LIBRARY OF HOUSE FLIPPING TOOLS AND TEMPLATES! What could flipping just one house a year help you accomplish? House flippers are real estate investors who don't believe in waiting years to turn a profit. For decades, fix-and-flip strategies have been the number one way to capitalize on the fluctuating housing market with minimal investing experience or little to no cash on hand. As a real estate investor, developer, and influencer, author Elisa Zheng Covington, MBA, knows exactly what it takes to find great properties, minimize risk, and turn a profit quickly. Drawn from her extensive experience in profitably fixing and flipping homes in a high-competition market, Flipping Houses QuickStart Guide is packed with actionable insight that applies to nearly any real estate market, regardless of whether that market is up or down. Whether you want to house flip as a side hustle or are starting a new career, you can use the guidance found in this book to buy, fix, and flip your first, fifth, or fiftieth property with less cash, less time, and less effort than you might think! You Will Learn: - House Flipping Fundamentals, Including How to Find, Finance, and Flip Great Properties for Profit - How to Evaluate Properties, Spot Red Flags, Lock In Winning Properties, and Navigate the Real Estate Market - How to Add Value to Properties by Renovating on a Budget and Maximizing Returns - How to Cash Out Your Flip, List Your Property, Entice Motivated Buyers, and Close the Sale How to Reduce Your Tax Liability, Manage and Minimize Risk, Build a Flipping Business, and More!*LIFETIME ACCESS TO FREE HOUSE FLIPPING DIGITAL ASSETS!* Flipping Houses QuickStart Guide comes with free lifetime access to a comprehensive library of tools and templates to help you on your house flipping journey.
Business & Economics

Flipping Houses

Flipping Houses

Author: Tim W. Lenihan

Publisher: Dorling Kindersley Ltd

ISBN: 9780241888285

Category: Business & Economics

Page: 379

View: 436

Plenty of books exist about fixing houses that try to make readers believe that anyone with a little cash and some know how can "flip" (buy, rehab, and resell) houses. Idiot's Guides: Flipping Houses takes a much more practical, boots-on-the-ground, real world look at the process by presenting the risks and rewards of flipping real estate. This book will help readers determine if they have the necessary time and cash, and guide them through the process of successfully purchasing, rehabbing, and profiting from their investments. Coverage includes: - In-depth discussion on devising the perfect flipping strategy, including a business plan and timeline, which enables a flipper to take a property from drab and shabby to modern and eye appealing. - Tips on how to target neighborhoods, properties, and selling markets to find a perfect flip property. - Includes easy-to-understand checklists so readers can ensure they've performed all their Flip Timeline Steps, including legal paperwork, staging the house, to inspection and closing. - Discussion on finding financial funding and assembling your team of experts.

Flipping Houses for Beginners

Flipping Houses for Beginners

Author: Courtney Copeland

Publisher:

ISBN: 1522990291

Category:

Page: 48

View: 326

If you want to learn all about flipping houses, and how to flip a house and make a profit, then this book is for you!When it comes to real estate, there are tons of ways to make money, and flipping houses is a great place to start. Flipping homes can be very lucrative, as long as you know how to go about it. If you're serious about getting into the business of flipping houses, then this is the book for you. It's designed specifically to help you avoid the dangers that could eat into your profits, and will teach you to recognize the more desirable properties so you can be the first to snatch them off the market.