RehabFAQs

the book on flipping houses: how to buy, rehab, and resell residential properties book review

by Mckenna Gibson Published 2 years ago Updated 1 year ago

Overview

Entirely revised and updated, with more than 60,000 first edition copies sold! Learn how to find a great investment property, fix it up, and walk away with a profit.

About the Author

J Scott spent much of his early career in Silicon Valley, where he held management positions at several Fortune 500 companies, including Microsoft and eBay. In 2008, J and his wife Carol decided to quit their corporate jobs, move back East, start a family, and focus on real estate investing.

Table of Contents

Foreword Introduction Why Did I Write This Book? 20 Steps to Your First Rehab Chapter 1: First Concepts What is House Flipping? Does Flipping Still Work in Today’s Market? How Much Can I Earn Flipping Houses? What About Taxes? Are You a Contractor or an Investor? Controlling Your Deals Part-Time House Flipping Chapter 2: Get Your Financing In Order First, The Bad News Types of Real Estate Financing Summary of Financing Options Your Financial Resume No Cash? No Credit? Know This! Some Other Tips to Successful Borrowing What About Creative Financing? Chapter 3: Find Your Real Estate Agent What Kind of Agent Do You Need? Becoming Your Own Agent Your License As a Secondary Income Stream Chapter 4: Where Should You Buy? Determining Your Farm Area Analysing Potential Markets My Farm Area Chapter 5: What Should You Buy? Distressed Properties Retail Properties The Foreclosure Process Property Criteria Level of Renovation Chapter 6: Who Should You Buy From? Purchasing From Owners With Equity Purchasing From Absentee Owners w/Equity Purchasing From Owners Without Equity Purchasing Banks Owned Foreclosures (REO) Purchasing Foreclosures at Auction (Trustee Sales) Which Type of Seller is Right for You? Chapter 7: How Will You Find Deals? The Acquisition / Marketing Grid The MLS Online / Auctions Direct Marketing Advertising Internet Marketing Bandit Signs Wholesalers On-Site (Trustee Sales) Other Marketing Techniques Chapter 8: The Flip Formula The Flip Formula Determining Sales Price Calculating Fixed Costs Your Profit Estimating Rehab Costs Chapter 9: Looking at Properties The 100 House Rule Start Looking For Deals Deciding Whether to Make An Offer? Using Price Per Square Foot to Pre-Evaluate Chapter 10: Making Offers State Contract vs.

Reader Q&A

To ask other readers questions about The Book on Flipping Houses, Revised Edition , please sign up .

Community Reviews

For a long time, I would search something like "top real estate investing books" and munch through everything on the list. Though this one was always on a top 10, I hadn't never considered reading it.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9