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The Business Of Flipping Homes

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Author by : William Bronchick
Languange Used : en
Release Date : 2017-02-07
Publisher by : BenBella Books, Inc.

ISBN : 9781942952787

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....

The Book On Flipping Houses

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Author by : J. Scott
Languange Used : en
Release Date : 2019
Publisher by : Biggerpockets Publishing, LLC

ISBN : 1947200100

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!...

Flipping Houses For Dummies

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Author by : Ralph R. Roberts
Languange Used : en
Release Date : 2011-03-01
Publisher by : John Wiley & Sons

ISBN : 9781118051344

This guide provides an overview of the many components of the popular practice of flipping properties. Coverage spans the flipping process from start to finish—finding, buying, fixing up, and selling—and the variables needed to make all of those steps successful and profitable. Also included is coverage on negotiating, property inspections, mortgages, taxes, and working with contractors, brokers, and real estate agents. The book is perfect for responsible investors who want to flip houses the right way and steer clear of legal gray areas that get some investors into trouble....

Flipping Houses

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Author by : Catrice Leasher
Languange Used : en
Release Date : 2021-06-29
Publisher by :

ISBN : 9798528792057

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!...

Flipping Properties

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Author by : William Bronchick
Languange Used : en
Release Date : 2001
Publisher by : Dearborn Trade Publishing

ISBN : 0793144914

Real estate has probably made more millionaires than any other financial vehicle. Flipping Properties highlights one method of investing in real estate, "flipping," which is a great way to begin building wealth with real estate. Flipping is growing so popular, in fact, that in Broomfield, CO (a suburb of Denver), 40 percent of newly built homes were sold to investors who intended to "flip" the properties. This practice is continuing to grow in cities across the country. Flipping Properties teaches beginners how to reap the financial and personal rewards of a full or part-time venture in real estate investing, including cash flow, security, and long-term wealth....

The Flip Method

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Author by : Damon Oubre
Languange Used : en
Release Date : 2020-10-18
Publisher by :

ISBN : 197723531X

Having grown up in a small town of five to six thousand residents, I totally appreciate life's simplicities. This work was created to simplify what most people would complicate: a house renovation with the goal of flipping. To be honest, real estate is a very complicated field with multiple sub-industries that do not necessarily correlate. Yet the home renovation and house flipping industry has, in recent times, gotten the general population excited about real estate investing. I like to call it the rebranding of an industry. House flipping has a silver lining so rarely mentioned that many active flippers do not fully understand the advantages until putting in several years of work. This is because the benefits of flipping are almost always seen as huge profit margins. Big profits are absolutely obtainable, but they are actually not the best benefit nor reason to start a house flipping business. The key to expanding any business is leverage. Flipping homes consistently helps you gain experience. That experience can then be used as a bargaining tool with lending institutions to allow you to leverage, or get financing, for larger and larger sums of money. Going into house flipping to make vast profits is not a strategy that fits the business model of 2020 and beyond. While liquidity (cash on hand) expedites one's ability to acquire properties, the access to leverage allows one to buy larger, more valuable and usually more profitable assets. For example, if you could put up $100,000 of your cash and gain control of $1 million worth of properties to renovate, you could end up with a much bigger check to deposit. The goal of any business is to first understand its industry and then use that knowledge to create a system of processes. If the blood of a business is money, the heart of a business is its systems. One cannot function properly without the other. In the following pages, I will teach you a method for flipping houses that will simplify the way you think about this industry. I will also teach you system design techniques that will place you years ahead of most of your competition. This short book is designed to obliterate your fears and misconceptions of the house-flipping process. It is also a blueprint for checks and balances that you can even use to flip remotely. Thank you for allowing me to share this information with you. This guide is the first of many to come....

Fixing And Flipping Real Estate

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Author by : Marty Boardman
Languange Used : en
Release Date : 2014-03-01
Publisher by : Apress

ISBN : 9781430246459

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....

The Everything Guide To Flipping Houses

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Author by : Melanie Williamson
Languange Used : en
Release Date : 2014-12-12
Publisher by : Simon and Schuster

ISBN : 9781440583797

Expert advice to find, fix, and flip any residential property! Are you ready to capitalize on the rising real estate market and get in on the red-hot house flipping scene? You need a step-by-step guide to evaluate property, avoid rookie mistakes, and build a profitable, successful business. In The Everything Guide to Flipping Houses, successful house flipper Melanie Williamson walks you through the opportunities, the risks, the work involved, and the potential for real profits in flipping real estate. She teaches you to: Assess properties, work with contractors, and manage renovations Handle legal and tax regulations Flip multiple houses at one time Use green renovation options to keep costs low Select the right banks, investors, and real estate agents Choose marketing strategies that guarantee sales Inside you'll find detailed information for every milestone, from purchase to planning renovations to making the sale and managing profits. It's a competitive market out there, but with this guide in hand, you'll have everything you need to successfully flip any residential property--and reap the lucrative rewards....

Flip

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Author by : Rick Villani
Languange Used : en
Release Date : 2007-01-09
Publisher by : McGraw Hill Professional

ISBN : 9780071545143

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

Buy A Home For Sale In Ny Use A Expert House Flipping Business Plan

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Author by : Brian Mahoney
Languange Used : en
Release Date : 2020-11-05
Publisher by :

ISBN : 1951929721

End Money Worries! Buy a Home for sale in NY use a Expert House Flipping Business Plan Buy to Flip Property with Real Estate Investing NY House Flip Strategies By Brian Mahoney Imagine knowing how to invest in real estate using the real estate investing secrets the pros use. Know how to buy property & how to invest in property to make massive money in House Flipping. Live the Hassle Free All-American Lifestyle of prosperity, peace of mind and independence that House Flipping income gives the richest, most financially stable, people in the world. Discover.... * How to find the most Profitable New York NY Real Estate Deals * How to flip houses Inside & Out * Finding Wholesale priced Investments with buy to flip Property * How to finance a flip property with 4,000 sources for money! * Secrets to getting real estate grants * How to start flipping houses with no money * Asset protection for real estate investors: Insurance for small business explained * Best way to Rehab Real Estate Rehab House * Reach a Billion People with Free YouTube Real Estate Marketing * How to Sell Your Property Fast! * Millionaire Real Estate Rolodex People are destroyed for lack of knowledge. For less than the cost of 1 movie you get the knowledge you want to start living your business dreams! So Don't wait. You'll wait your life away......