Flipping Houses For Dummies. Ralph R. Roberts. Читать онлайн. Newlib. NEWLIB.NET

Автор: Ralph R. Roberts
Издательство: John Wiley & Sons Limited
Серия:
Жанр произведения: Недвижимость
Год издания: 0
isbn: 9781119861034
Скачать книгу
303

      298  304

      299  305

      300  306

      301  307

      302  308

      303  309

      304  310

      305  311

      306  312

      307  313

      308  314

      309  315

      310  317

      311  318

      312 319

      313  320

      314  321

      315 322

      316  323

      317 324

      318  325

      319  326

      320 327

      321  328

      322  329

      323  330

      324  331

      325  332

      326  333

      327  334

      328 335

      329  336

      330  337

      331  338

      332  339

      333  340

      334  341

      335 342

      336  343

      337  344

      338 345

      339  346

      340 347

      341  348

      342 349

      343 350

      344  351

      345  352

      346  353

      347  354

      348  355

      349  356

      350  357

      351  358

      352  359

      353  360

      354  361

      355  363

      356  364

      357  365

      358  366

      359  367

      360  369

      361  370

      362  371

      363  372

      364  373

      365  375

      366 376

      367 377

      368 378

      369 379

      370 380

      371 381

      372 382

      373 383

      374 384

      375 385

      376 386

      377 387

      378 388

      379 389

      380 390

      381  391

      382  392

      383  393

      Maybe you know somebody who buys and sells houses and makes as much money on a single transaction as you earn in a year. Or perhaps you caught an episode of one of those house flipping TV shows that demonstrate just how easy it is to buy a house for $250,000, fix it up for another $75,000, and sell it for a half million bucks in a matter of days. Now, you want in on the action. You want your slice of that capitalistic cannoli.

      But where do you start? You can’t imagine where you’d be able to get your mitts on the cash you’d need to finance a flip. You have no idea where to start looking for undervalued properties, and even if you could find a suitable house to flip, your expertise in the field of home repairs is limited to plunging the toilet. Surely you’re not qualified to invest in the complicated world of real estate.

      Well, it’s time to stop all the negative self-talk and start reading Flipping Houses For Dummies. I started out with $900 that my grandmother gave me in the early 1970s. From the ripe old age of 19 to the present day, I’ve flipped one house after another and earned millions of dollars along the way. It wasn’t easy. Some of my flips actually flopped. I didn’t profit from every transaction. I did, however, have a plan in place and the sticktoitism (pronounced stick-to-it-ism) to successfully execute it. By following through, I was able to succeed, and so can you. (By the way, sticktoitism describes the determination and dogged perseverance required to build wealth in real estate. I could use sticktoitiveness, which actually appears in the dictionary, but I like my word better.)

      Unlike other books, TV shows, and late-night-TV gurus, this book doesn’t promise an easy, risk-free way to score quick cash by flipping houses. Instead, it takes an honest look at the practice of flipping houses.

      I don’t want to see you get in over your head or blow your entire life savings on a failed real estate investment, so throughout this book I provide plenty of time- and money-saving tips, cautions to help you avoid catastrophe, and pointers to keep your projects within budget and on schedule. I steer you clear of risky, unethical, and illegal ventures and encourage you to wade in slowly and remain well within your comfort zone. After you successfully flip a few easy properties, you quickly become aware of when you’re ready to take on bigger projects, and by that time, you’ll no longer need my advice.

      My goal is to help you decide whether house flipping