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: 303

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: 211

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

Flipping Homes Tips: The Ultimate Guide On How to Start Flipping Homes

Flipping Homes Tips: The Ultimate Guide On How to Start Flipping Homes

Author: Stephanie White

Publisher: Lulu Press, Inc

ISBN: 9781794774834

Category: Business & Economics

Page:

View: 259

Are you tired of not finding the right house to flip? Learn how to flip homes quick and easy for a profit. A handful of shows on TV have featured house flipping as a way of life. They show the ups and downs of getting into the business. It looks like fun and you might be wondering if it’s something that you should get involved with. House flipping is something to get into that has the potential to create a lot of money for you. But there are some things that you have to know going into it. Anyone who’s successfully flipped houses will tell you that you are going to have to have the money to buy the property. Some people want to get into flipping houses because it looks like a fast and profitable way to build an income. It can be. In this book you'll discover: - Pro's and Con's of Flipping Homes - Do's and Don'ts of House Flipping - How to Find Foreclosed Homes - How to Find Inexpensive Homes to Fix Up - And More Buy Flipping Homes Tips today to start making profits!
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: 720

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: 439

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.

Flipping Houses

Flipping Houses

Author: Catrice Leasher

Publisher:

ISBN: 9798528792057

Category:

Page: 74

View: 828

Reality shows have made flipping homes quite popular, and there appears to be some merit to it. In fact, according to ATTOM Data Solutions, the average gross profit for house flipping was $62,300 in the first quarter of 2020. The guide is perfect for anyone looking to flip houses and resell them. Even if you have no background in flipping houses, this guide will cover all the important terms and share important information, tips, and tricks! There are certain rules you must follow, but you will still have a lot of room to show your creativity! Here's what you can learn from our complete guide on flipping houses: -Introduction: Everything you need to know about flipping houses quickly and successfully -Tips and tricks: Learn the entire process including how to find, buy, and rehab houses for big profit -Beginner's guide: Even if you are a beginner, the guide explains in detail different terms and steps from the beginning to the end of the process -Philosophy: Understand the philosophy behind house flipping that will help your business grow and prosper -Rules: There are many rules you must keep in mind, however, following them will allow you to succeed -And much more!
Business & Economics

The Complete Guide to Flipping Properties

The Complete Guide to Flipping Properties

Author: Steve Berges

Publisher: John Wiley & Sons

ISBN: 0470225785

Category: Business & Economics

Page: 256

View: 154

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: 327

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

Flipping Houses

Flipping Houses

Author: Tim W. Lenihan

Publisher: Dorling Kindersley Ltd

ISBN: 9780241888285

Category: Business & Economics

Page: 336

View: 807

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.
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: 993

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!
Business & Economics

Flipping Houses For Beginners

Flipping Houses For Beginners

Author: Aron Smith

Publisher: Aron Smith

ISBN:

Category: Business & Economics

Page:

View: 672

How Beginners Are Making A Fortune Flipping Houses Have you ever thought about getting into real estate? Does the idea of making thousands of dollars for flipping a house sound good to you? When it comes to real estate many people think they need years of experience or large startup funds. But the truth is… You just need the write information. The new book ‘Flipping Houses For Beginners’ is going to teach you everything you need to know to not only get started, but to thrive. You will learn: • How to find the right house • How to make a great deal • Problems and pitfalls to avoid • How to get the best bang for your buck • How to make a killing with each flip The majority of people will think about something like flipping house. They will imagine the endless possibilities and finally living their dream life. Only to let fear and doubt creep in and overcome. But those who push forward and take action any? They reap the rewards and live life on your terms. Take charge of your life and learn a powerful new money making skill today. Order this book for fast, proven and effective results.
Business & Economics

Fixing and Flipping Real Estate

Fixing and Flipping Real Estate

Author: Marty Boardman

Publisher: Apress

ISBN: 1430246448

Category: Business & Economics

Page: 240

View: 421

Let’s face it—fixing and flipping houses is sexy. Who doesn’t love the idea of buying a rundown, mold-infested shack and transforming it into someone’s dream home for massive profits? Reality TV shows make it look so easy. A little paint here, some new kitchen cabinets there, and presto! The house is sold for big bucks and everyone lives happily ever after. If only it were that simple. Fixing and flipping houses is a business. In order for a business to survive, prosper, and grow, systems must be put in place. Fixing and Flipping Real Estate: Strategies for the Post-Boom Era is a book that breaks down the four essential components of a fix-and-flip business, giving you the building blocks to efficiently buy and sell 1 to 20 properties a month in today’s post-boom era housing market. You’ll learn about each of the boxes: Acquisition—How to find and buy a profitable real estate deal. Rehabbing—How to systematically remodel a house and how not to underimprove, or overimprove, your property. Sales—How to sell your flip for the highest possible price in the shortest possible time. Raising Capital—How to get the capital you need to grow your business, including using other people’s money, for your real estate deals without getting sued or going to jail. In the post-real estate boom era, fixing and flipping is again a solid business--especially in the “sand” states—Arizona, California, Nevada, Texas, and Florida, among others. It’s also a good bet in states as diverse as North Carolina and Washington State. And with the real estate market projected to bottom out nationally in 2012 (this time for real), there are plenty of houses to be renovated and plenty of money to be made by the enterprising in all fifty states. This book shows real estate investors everything they need to know to get started fixing and reselling houses either as a substantial sideline or a full-on business.