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Flipping Houses For Dummies

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Overview

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 ...

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Overview

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!

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Editorial Reviews

From the Publisher
"It promised to teach would-be property moguls how to "lay the foundation for successful flipping and bring home bucks”." (Economist, March 2007)
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Product Details

  • ISBN-13: 9781118801635
  • Publisher: Wiley
  • Publication date: 1/28/2014
  • Series: For Dummies Series
  • Edition number: 2
  • Pages: 384
  • Sales rank: 71,069
  • Product dimensions: 7.30 (w) x 9.20 (h) x 0.90 (d)

Meet the Author

Ralph R. Roberts’s success in real estate sales is legendary. He has been profiled by the Associated Press, CNN, and Time magazine and has done hundreds of radio interviews. Ralph is a seasoned professional in all areas of house flipping, including buying homes, rehabbing, and reselling them quickly and at a handsome profit. He has penned several successful titles, including Sell It Yourself: Sell Your Home Faster and for More Money Without Using a Broker (Adams Media Corporation), Walk Like a Giant, Sell Like a Madman: America’s #1 Salesman Shows You How To Sell Anything (Collins), 52 Weeks of Sales Success: America’s #1 Salesman Shows You How To Close Every Deal! (Collins), and REAL WEALTH by Investing in REAL ESTATE (Prentice Hall). In Flipping Houses For Dummies, Ralph reveals the tips and tricks he has hammered out and nailed in his over-30-year career.

Joe Kraynak is a freelance author who has written and coauthored dozens of books on topics ranging from slam poetry to computer basics. Joe teamed up with Dr. Candida Fink to write his first book in the For Dummies series, Bipolar Disorder For Dummies, where he showcased his talent for translating the complexities of a topic into plain-spoken, practical advice. In Flipping Houses For Dummies, Joe teams up with legendary real estate pro Ralph Roberts to produce the ultimate guide to profitable real estate flipping—flipping the right way.

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Table of Contents

Introduction.

Part I: Laying the Foundation for Successful Flipping.

Chapter 1: Wrapping Your Brain Around the Idea of House Flipping.

Chapter 2: Do You Have the Right Stuff for Flipping?

Chapter 3: Devising an Effective Flipping Strategy.

Chapter 4: Building Your Dream Team.

Part II: Fiddling with the Financials of Property Flipping.

Chapter 5: Guesstimating Your Potential Profit.

Chapter 6: Securing the Funds to Fuel Your Flip.

Chapter 7: Trudging Through Some Taxing Issues.

Part III: House Hunting with an Eye for Flipping.

Chapter 8: Scoping Out a Fertile Neighborhood.

Chapter 9: Hunting for Houses in Your Target Area.

Chapter 10: Inspecting the Property with an Eye for Rehab.

Chapter 11: The Art of Haggling: Negotiating a Price and Terms.

Chapter 12: Closing In on Foreclosure Properties.

Part IV: Fixing Up Your Fixer-Upper.

Chapter 13: Prioritizing and Planning Your Renovations.

Chapter 14: Giving Your Property a Quick Makeover.

Chapter 15: Perking Up the Curb Appeal.

Chapter 16: Dazzling the Crowds with Updated Kitchens and Baths.

Chapter 17: Sweating Through Some Moderate Makeovers.

Chapter 18: Reconfiguring Spaces and Other Structural Overhauls.

Part V: Sold! Selling Your Rehabbed Home.

Chapter 19: Marketing Your Home.

Chapter 20: Staging a Successful Showing.

Chapter 21: Negotiating the Sale to Maximize Your Profit.

Part VI: The Part of Tens.

Chapter 22: Ten Signs of a Great House Flipping Opportunity.

Chapter 23: Ten Renovation Cost-Cutting Strategies.

Chapter 24: Ten Common House Flipping Blunders.

Chapter 25: Ten Strategies for Surviving a Slow Market.

Index.

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Customer Reviews

Average Rating 3.5
( 6 )
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  • Anonymous

    Posted December 26, 2012

    It was the first book I bought on flipping and it was helpful an

    It was the first book I bought on flipping and it was helpful and informative; the writer is interesting and he writes with humor.

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  • Anonymous

    Posted February 18, 2008

    A reviewer

    Outstanding!

    0 out of 1 people found this review helpful.

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  • Anonymous

    Posted February 10, 2010

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    Posted March 10, 2013

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    Posted April 10, 2010

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    Posted July 31, 2011

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