Читать книгу Flipping Houses For Dummies онлайн

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Flip houses the right way and avoid fraudulent flipping schemes.

Find out whether you have what it takes to flip houses in terms of time, money, and mindset.

Explore a variety of house flipping strategies ranging from buy-fix-and-sell to buy-hold-and-lease.

Build a dream team of real estate professionals, lenders, and contractors to expedite your flips and cover your back.

Get your mitts on some cash to finance your flips by using your own and other people’s money (OPM).

Chapter 1

IN THIS CHAPTER

Understanding the concept of flipping houses and appreciating its challenges

Flipping the right way — legally and ethically

Developing a winning strategy and the right connections

Marketing and staging a house to maximize your profit

Progress always involves risk. You can’t steal second base and keep your foot on first.

—FRED WILCOX

Flipping sounds easy. You can flip a pancake. You can flip a coin. Without too much effort, you can even flip out. Flipping a house, though, requires a level of knowledge, expertise, and sticktoitism unrivaled by any of these mindless tasks. It requires access to cash, and lots of it. It demands time, energy, vision, attention to detail, and the ability and desire to network with everyone — from buyers and sellers to real estate professionals, contractors, and lenders.