Overview

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

Full Product Details

Author:   Ralph R. Roberts ,  Joseph Kraynak (Indianapolis, IN) ,  Camilla Cornell ,  Joe Kraynak (Indianapolis, IN)
Publisher:   John Wiley and Sons Ltd
Imprint:   John Wiley & Sons Ltd
Dimensions:   Width: 18.30cm , Height: 2.50cm , Length: 22.90cm
Weight:   0.499kg
ISBN:  

9780470157336

ISBN 10:   047015733
Pages:   384
Publication Date:   17 November 2008
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock  
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

Table of Contents

Introduction 1 Part I: Laying the Foundation for Successful Flipping 7 Chapter 1: Wrapping Your Brain Around the Idea of House Flipping 9 Chapter 2: Do You Have the Right Stuff for Flipping? 23 Chapter 3: Devising an Effective Flipping Strategy 39 Chapter 4: Building Your Dream Team 51 Part II: Fiddling with the Financials of Property Flipping 67 Chapter 5: Guesstimating Your Potential Profit 69 Chapter 6: Securing the Funds to Fuel Your Flip 81 Chapter 7: Trudging Through Some Taxing Issues 103 Part III: House Hunting with an Eye for Flipping 111 Chapter 8: Scoping Out a Fertile Neighbourhood 113 Chapter 9: Hunting for Houses in Your Target Area 127 Chapter 10: Inspecting the Property with an Eye for Rehab 143 Chapter 11: The Art of Haggling: Negotiating a Price and Terms 161 Chapter 12: Closing In on Foreclosure and Tax Sale Properties 179 Part IV: Fixing Up Your Fixer-Upper 195 Chapter 13: Prioritizing and Planning Your Renovations 197 Chapter 14: Giving Your Property a Quick Makeover 213 Chapter 15: Perking Up the Curb Appeal 229 Chapter 16: Dazzling the Crowds with Updated Kitchens and Baths 245 Chapter 17: Sweating Through Some Moderate Makeovers 261 Chapter 18: Reconfi guring Spaces and Other Structural Overhauls 273 Part V: Sold! Selling Your Rehabbed Home 287 Chapter 19: Marketing Your Home 289 Chapter 20: Staging a Successful Showing 301 Chapter 21: Negotiating the Sale to Maximize Your Profit 313 Part VI: The Part of Tens 325 Chapter 22: Ten Signs of a Great House-Flipping Opportunity 327 Chapter 23: Ten Renovation Cost-Cutting Strategies 333 Chapter 24: Ten Common House-Flipping Blunders 339 Chapter 25: Ten Strategies for Surviving a Slow Market 343 Index 347

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Author Information

Ralph R. Roberts is a seasoned real estate professional who buys, rehabs, and resells homes. Joe Kraynak is the author of more than fifty books. Camilla Cornell is an award-winning freelance author and the recipient of two National Magazine Awards.

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