Title: The Book on Flipping Houses Pdf How to Buy, Rehab, and Resell Residential Properties
Author: J. Scott
Published Date: 2019-01-17
Page: 320
“Learn the step-by-step process of house flipping from the best in the business. This book is the perfect blend of fix-and-flip concepts, tactics and real-world examples.”—Joe Fairless, author of Best Ever Apartment Syndication Book“This book is not about motivating you and then leaving you hanging. Instead, it is packed with real-world advice, written honestly with both the good and the bad. If you are looking for all of the things you need to know, whether you are starting your first flip or your hundredth, this book is THE Book on Flipping Houses!”—Brian Burke, President/CEO of Praxis Capital Inc. and has flipped over 500 homes“I've been investing in real estate as a flipper and landlord for over 16 years, and this is the only book I'd recommend to teach flipping houses. J knows his stuff, and more importantly, he knows how to explain difficult concepts in a way that everyone can understand. If you are at all interested in flipping houses, buy this book. You won't regret it.”—Chad Carson, author of Retire Early With Real Estate & coachcarson.com“When it comes to the house flipping business, there are only a few people I trust and J Scott is one of them. The Book on Flipping Houses is an excellent guide that can help you understand the inner workings of a very complex and lucrative business.”—Seth Williams, Founder of RETipster.com“J Scott is one of the premier real estate investing writers in the industry. He has a knack for delivering top-notch content in a way that is easily understood by everyone. He backs up his writing with experiences in everything he writes about. This book is one of the best ever written on the subject of flipping houses. Highly recommended!”—Mark Ferguson, Flipper, landlord, and creator of InvestFourMore.com Ready to be the next Chip and Joanna Gaines? Before you get over your head with renovations that look simple, pick up this book to get a detailed, scalable strategy to accurately flip your first—or next—real estate investment property for top dollar!
ENTIRELY REVISED AND UPDATED!
Over 50,000 first edition copies sold.
Are you inspired to leave your 9-to-5 job and start flipping houses? Written by expert real estate fix-and-flipper J Scott, this revised edition of the best-selling book details a step-by-step plan to succeed in your first—or next—house flip. Find a great investment, learn how to fix it up, and walk away with a profit.
In this completely revised and updated edition, you’ll find new explanations on the ins-and-outs of flipping real estate in any part of the economic cycle, more options on how to finance your flips, and a focus on larger renovation projects not previously discussed!
This no-fluff book contains a detailed flipping blueprint perfect for both the complete newbie or seasoned real estate pro looking to build a profitable house flipping business.
In this book, you'll discover how to:
- Implement the 7 most common and creative financing strategies
- Evaluate the profitability of deals quickly and accurately
- Determine the types of properties you should invest in
- Perform due diligence to ensure your deal is a winner
- Identify the best locations to build your flipping business
- Create a scope of work, budget, and schedule that generates profit
- Find and hire the best contractors to manage your rehab to completion
- Sell the renovated property quickly and at the highest possible price
- ...And so much more!
Learn everything you need to know to build a profitable, efficient house flipping business in a practical and easy-to-follow approach—all in one single book!
Last Stop Shopping for books on House Flipping I have a library of real estate books and this is the book I constantly go back to and re-read when I feel like I've lost my way. I have just about every book on Amazon regarding the subject and this one really has the best information. I also bought the companion book called "The Book on Estimating Rehabs" and it is the perfect book to figure out how to not only estimate the scope of work but gives you great insight on what you should be paying for contractors and products. I also keep up with J Scott's flips on his website. He is a real house flipper and not someone that gives you his theories on the subject. He tells you the good and the bad but gives sound advice on how to make sure each deal is a winner. If you are in the Rental business this book doesn't really cover the Buy and Rent strategies. There will be times in your flipping process where you might lose money but I've been successful in turning those into Rental properties to make my money back and then hold for long term growth and a small monthly income on Rent. The best book I have read on that issue is Buy it, Rent it, Profit by Bryan M. Chavis. I suggest getting all 3 books so you understand how to flip and profit quickly or turn a bad investment into a winner by renting.One thing I did with my rentals that the books don't suggest is have a Management Company handle the entire process of my Rentals. They handle marketing, Contracts, Tenants and maintenance for 10% of the rental price. On most deals that will cost me about 120 dollars per month. Not having to deal with Tenants and maintenance is worth the price to me. The profit margin in my area is around 20 percent. If it is a break even deal I will hold until I get enough equity from their payments and then when the lease is up I will clean it up and sale. It can be the difference in losing money and making a little off of a bad deal.Go to Guide This is definitely my go to book for anything flip related. I'm just getting started in this business and have already read four of the other top rated books on Amazon and this book beat those others hands down. Best info and best read. I thought J Scott's other book on pricing work was a little expensive but when they are paired up you have just about all the info you need to feel secure in your decision making. They are setup as more of a reference really. I recommend reading it all the way through as many times as needed, then looking back at specific parts as you progress through your flips. good luckStarting over at 55. Thinking of starting to flip houses. Book has a lot of good information. Should help me to start a new career at 55. Will keep you posted if it works or not.
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