Renovate to Riches: Buy, Improve, and Flip Houses to Create Wealth

Overview

Turn weekend home-improvement projects into big money!

Did you know you and your spouse can sell your home every two years and pay no taxes on profits up to $500,000? It's true! In fact, you should think of your home as an investment as much as a place to live. Simple renovations can dramatically increase the value of your home, and you can undertake most of them on your own and in your spare time. Renovate to Riches shows you how to turn your ...

See more details below
Paperback
$25.69
BN.com price
(Save 14%)$30.00 List Price
Other sellers (Paperback)
  • All (22) from $1.99   
  • New (6) from $4.92   
  • Used (16) from $1.99   
Sending request ...

Overview

Turn weekend home-improvement projects into big money!

Did you know you and your spouse can sell your home every two years and pay no taxes on profits up to $500,000? It's true! In fact, you should think of your home as an investment as much as a place to live. Simple renovations can dramatically increase the value of your home, and you can undertake most of them on your own and in your spare time. Renovate to Riches shows you how to turn your sweat into equity and your home into a moneymaker.

Millions of people across America are making their do-it-yourself weekend projects pay off-and you can too. This straightforward guide will show you how to secure financing for your home, accomplish the renovations that add the most value, and get the highest price when you sell. It shows you how to design your own custom plan for creating wealth over five, ten, or even twenty years, and includes detailed case studies that help you avoid common mistakes.

Renovate to Riches also includes:
* An explanation of complicated federal tax codes
* Tips on finding great homes at bargain prices
* Advice on financing options
* Which renovations add the most value
* Professional guidance on interior design, landscaping, and other home improvement projects
* Which projects you should be able to handle yourself and which will require a professional contractor
* How to work with contractors and keep it cheap
* Practical advice from the experts-real estate agents, brokers and bankers, tax advisors, contractors and carpenters, landscapers, interior and lighting designers, home inspectors, and appraisers

Renovate to Riches is not a get-rich-quick scheme. It's a practical, step-by-step guide to building long-term wealth. You don't need the skills of a contractor or the experience of a real estate agent; all you need is a little extra time, a little extra money-and this unbeatable guide.

Read More Show Less

Product Details

  • ISBN-13: 9780471467908
  • Publisher: Wiley
  • Publication date: 12/19/2003
  • Edition number: 1
  • Pages: 312
  • Product dimensions: 7.50 (w) x 9.25 (h) x 0.66 (d)

Meet the Author

Husband and wife team MIKE DULWORTH and TERESA GOODWIN have earned hundreds of thousands of dollars renovating homes in their spare time. Mike is the Managing Director of Executive Development Associates (executivedevelopment.com), and Teresa is a trained interior designer and independent producer for Second City Communications, the business theater group of The Second City in Chicago. Contact Mike and Teresa at renovatetoriches.com.
Read More Show Less

Table of Contents

Preface.

Acknowledgments.

1. Introduction.

2. A Gift from Uncle Sam.

3. Creating a Home Renovation Strategy.

4. The Financial Plan.

5. Buy Low, Sell High.

6. Home Financing.

7. Renovations That Add (The Most) Value.

8. Do It Yourself and Save a Huge Amount of Money!

9. Some Thoughts on Interior and Landscape Design.

10. Contractor Management.

Appendix A: IRS Publication 523: Selling Your Home.

Appendix B: A Guide for Healthier Home Remodeling.

Appendix C: AIA Document A101-1997: Standard Form of Agreement between Owner and Contractor.

Appendix D: Upgrade or Install an Irrigation System.

Recommended Resources.

Index.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)