Description
On the rebound from recession, the real-estate market is hot right now, and there’s no better time to buy and flip investment properties. But before you get started, you need to know the right way to flip.
There’s more to flipping than redoing a kitchen or staging a property. Every deal is different, and each investor must have a clear business strategy. Expert investors William Bronchick and Robert Dahlstrom have learned to be successful in all types of markets—and now they share their secrets with you.
From the authors of the bestselling Flipping Properties, which brought the term “flipping” to American homes, The Business of Flipping Homes is an A-to-Z guide for both new and seasoned investors. The book explains what flipping is and isn’t, goes beyond the investment of a basic single-family home, and demonstrates how to find, renovate, and sell properties using proven methods.
With more than 40 years combined experience in buying and selling investment properties, Bronchick and Dahlstrom explain how to avoid many of the pitfalls and issues that could drain your funds and come back to haunt you. They give systematic approaches on long-term planning, including how to find and work with partners, structure a business, and utilize your specific talents, resources, and aspirations in realistic ways. You’ll learn how to figure out timelines, work with real-estate agents, understand the paperwork, analyze the numbers, utilize technology, and, most important, find the money.
Whether you’re looking to make a career out of flipping or see it as a part-time venture, The Business of Flipping Homes shows you, step by step, how to make money quickly, legally, and ethically. This timeless book gives practical wisdom for anyone looking to limit risks and make sound investment choices, regardless of local market conditions and current economic trends.
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