• Complain

Marty Boardman - Fixing and Flipping Real Estate: Strategies for the Post-Boom Era

Here you can read online Marty Boardman - Fixing and Flipping Real Estate: Strategies for the Post-Boom Era full text of the book (entire story) in english for free. Download pdf and epub, get meaning, cover and reviews about this ebook. year: 2012, publisher: Apress, genre: Home and family. Description of the work, (preface) as well as reviews are available. Best literature library LitArk.com created for fans of good reading and offers a wide selection of genres:

Romance novel Science fiction Adventure Detective Science History Home and family Prose Art Politics Computer Non-fiction Religion Business Children Humor

Choose a favorite category and find really read worthwhile books. Enjoy immersion in the world of imagination, feel the emotions of the characters or learn something new for yourself, make an fascinating discovery.

Marty Boardman Fixing and Flipping Real Estate: Strategies for the Post-Boom Era
  • Book:
    Fixing and Flipping Real Estate: Strategies for the Post-Boom Era
  • Author:
  • Publisher:
    Apress
  • Genre:
  • Year:
    2012
  • Rating:
    3 / 5
  • Favourites:
    Add to favourites
  • Your mark:
    • 60
    • 1
    • 2
    • 3
    • 4
    • 5

Fixing and Flipping Real Estate: Strategies for the Post-Boom Era: summary, description and annotation

We offer to read an annotation, description, summary or preface (depends on what the author of the book "Fixing and Flipping Real Estate: Strategies for the Post-Boom Era" wrote himself). If you haven't found the necessary information about the book — write in the comments, we will try to find it.

Lets face itfixing and flipping houses is sexy. Who doesnt love the idea of buying a rundown, mold-infested shack and transforming it into someones dream home for massive profits? Reality TV shows make it look so easy. A little paint here, some new kitchen cabinets there, and presto! The house is sold for big bucks and everyone lives happily ever after.
If only it were that simple. Fixing and flipping houses is a business. In order for a business to survive, prosper, and grow, systems must be put in place. Fixing and Flipping Real Estate: Strategies for the Post-Boom Era is a book that breaks down the four essential components of a fix-and-flip business, giving you the building blocks to efficiently buy and sell 1 to 20 properties a month in todays post-boom era housing market. Youll learn about each of the boxes:

  • AcquisitionHow to find and buy a profitable real estate deal.
  • RehabbingHow to systematically remodel a house and how not to underimprove, or overimprove, your property.
  • SalesHow to sell your flip for the highest possible price in the shortest possible time.
  • Raising CapitalHow to get the capital you need to grow your business, including using other peoples money, for your real estate deals without getting sued or going to jail.
In the post-real estate boom era, fixing and flipping is again a solid business--especially in the sand statesArizona, California, Nevada, Texas, and Florida, among others. Its also a good bet in states as diverse as North Carolina and Washington State. And with the real estate market projected to bottom out nationally in 2012 (this time for real), there are plenty of houses to be renovated and plenty of money to be made by the enterprising in all fifty states. This book shows real estate investors everything they need to know to get started fixing and reselling houses either as a substantial sideline or a full-on business. What youll learnReaders will learn how to:
  • Buy bank-owned houses, short sales from underwater homeowners, and foreclosures at auction.
  • Determine your target neighborhood, price point, and property.
  • Calculate accurately repair expenses, holding, and closing costs.
  • Negotiate with contractors, tradespeople, and suppliers for the best pricing.
  • Get distressed home sellers and Realtors calling you first about great deals.
  • Use other peoples money to help you reach your financial goals.
  • Manage risk and invest conservatively and responsibly in real estate to protect your capital.
  • Improve greatly your chances of success by fixing and flipping houses as a business rather than as a hobby or a lark.
Who this book is for

If youve ever thought about supplementing your current income by fixing and flipping a house, or quitting your job to make flipping houses your full-time business, then Fixing and Flipping Real Estate: Strategies for the Post-Boom Era is the book you need. It is for motivated, entrepreneurial self-starters who want to earn an extra $10,000 to $200,000 a year while reducing the risk any real estate investment entails.

Table of Contents
  1. Begin with the End in Mind
  2. Identifying Your Niche
  3. Analyzing Deals
  4. Acquisition Strategies
  5. Common Mistakes
  6. First Steps
  7. Team Building
  8. What to Fix
  9. Cost Control
  10. Common Mistakes
  11. Selling Your House
  12. Contract Analysis
  13. Talking with Lenders
  14. Influencing Appraisals
  15. Low Appraisals
  16. Settlement Statements
  17. Common Mistakes in Selling
  18. Creating a Track Record
  19. Where Is the Money?
  20. Types of Investors
  21. Partnerships: Equity Partners
  22. Private Money: Debt Partners
  23. Conclusion
  24. Scope of Work
  25. Independent Contractor Agreement
  26. Deed of Trust and Assignment of Rents
  27. Promissory Note
  28. Sample HUD Settlement Statement
  29. IRS Form W-9

Marty Boardman: author's other books


Who wrote Fixing and Flipping Real Estate: Strategies for the Post-Boom Era? Find out the surname, the name of the author of the book and a list of all author's works by series.

Fixing and Flipping Real Estate: Strategies for the Post-Boom Era — read online for free the complete book (whole text) full work

Below is the text of the book, divided by pages. System saving the place of the last page read, allows you to conveniently read the book "Fixing and Flipping Real Estate: Strategies for the Post-Boom Era" online for free, without having to search again every time where you left off. Put a bookmark, and you can go to the page where you finished reading at any time.

Light

Font size:

Reset

Interval:

Bookmark:

Make
Fixing and Flipping Real Estate Strategies for the Post-Boom Era Copyright - photo 1

Fixing and Flipping Real Estate: Strategies for the Post-Boom Era

Copyright 2013 by Marty Boardman

This work is subject to copyright. All rights are reserved by the publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms, or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the copyright law of the publishers location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective copyright law.

ISBN-13 (pbk): 978-1-4302-4644-2
ISBN-13 (electronic): 978-1-4302-4645-9

Trademarked names, logos, and images may appear in this book. Rather than use a trademark symbol with every occurrence of a trademarked name, logo, or image we use the names, logos, and images only in an editorial fashion and to the benefit of the trademark owner, with no intention of infringement of the trademark.

The use in this publication of trade names, trademarks, service marks, and similar terms, even if they are not identified as such, is not to be taken as an expression of opinion as to whether or not they are subject to proprietary rights.

While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein.

President and Publisher: Paul Manning
Acquisitions Editor: Jeff Olson
Editorial Board: Steve Anglin, Mark Beckner, Ewan Buckingham, Gary Cornell, Louise Corrigan,
Morgan Ertel, Jonathan Gennick, Jonathan Hassell, Robert Hutchinson, Michelle
Lowman, James Markham, Matthew Moodie, Jeff Olson, Jeffrey Pepper, Douglas
Pundick, Ben Renow-Clarke, Dominic Shakeshaft, Gwenan Spearing, Matt Wade, Tom
Welsh
Coordinating Editor: Rita Fernando
Copy Editor: Joanna Meekins
Compositor: Bytheway Publishing Services
Indexer: SPi Global
Cover Designer: Anna Ishchenko

Distributed to the book trade worldwide by Springer Science + Business Media New York, 233 Spring Street, 6th Floor, New York, NY 10013. Phone 1-800-SPRINGER, fax (201) 348-4505, e-mail . Apress Media, LLC is a California LLC and the sole member (owner) is Springer Science + Business Media Finance Inc (SSBM Finance Inc). SSBM Finance Inc. is a Delaware corporation.

For information on translations, please e-mail .

Apress and friends of ED books may be purchased in bulk for academic, corporate, or promotional use. eBook versions and licenses are also available for most titles. For more information, reference our Special Bulk SaleseBook Licensing web page at www.apress.com/bulk-sales.
Any source code or other supplementary materials referenced by the author in this text is available to readers at www.apress.com. For detailed information about how to locate your books source code, go to www.apress.com/source-code/.

This is book is dedicated to my daugthers,
Allyson and Audrey. They inspire me every day
with their intelligence, creativity, and beauty.
My hope is they grow up understanding that
with proper effort, dedication, decisiveness,
humility, and optimisim, they can achieve
their goals. I also want them to know that its okay
to fail, as long as they fail forward. Its how we all
learn and grow. I love you, girls.

Contents
About the Author

Marty Boardman is the owner and chief financial officer of Rising Sun Capital - photo 2Marty Boardman is the owner and chief financial officer of Rising Sun Capital Group, LLC, a private real estate investment firm in Gilbert, Arizona. His company fixes and flips houses throughout the greater Phoenix metro housing market. Hes been the principal in over 250 single-family residential real estate transactions since 2002, and in more than 80 since the housing market crash of 2008. Marty is also an accredited instructor for the Arizona Department of Real Estate and a national contributor to BiggerPockets.com, an online real estate investment magazine. His real estate investing articles have been published on AOL Real Estate and Realtor.com. He is a presenter at conferences devoted to real estate investment. He blogs at flippingphoenixhouses.com.

Acknowledgments

My wife, Linda, was three months pregnant with my first daughter when I quit my job in television news in 2002 to start investing in real estate. She continued to work a full-time job while I stayed at home with our first-born baby girl.

I worked evenings and weekends and earned $24,000 the first year. She accepted the role as primary breadwinner for the family with patience and grace. When my business began firing on all cylinders in 2004, she left the workforce to take care of my oldest daughter, Allyson, and our newborn baby Audrey, so I could focus on growing our company. When the crash came in 2008, she went back to work to help make ends meet.

Through all of the ups and downs Linda never lost faith in me or demanded that I go find a real job. After 14 years of marriage, I love and appreciate her now more than ever. Thank you, Linda, for allowing me to pursue my dream through triumph and failure.

To Keith, thank you for helping me get back on my feet in 2009 and teaching me the four-boxes concept for fixing and flipping real estate. You are my mentor, friend, and brother in Christ.

To Manny Romero, thanks for being the best business partner a guy could ever have (and for constantly reminding me to be a better listener). Your patience and perspective are a blessing.

To my mom and dad, Jim and Brenda Boardman, thank you for making me believe that I could do whatever I wanted in this world and for always supporting me, through the good and bad. Mom, I cherish our regular chats on the phone about the girls, food, sports, and techno gadgets. Dad, I couldnt have written this book without including some of your most famous quotes.

To my brother, Curtis, you are my best friend. Thanks for all your unique insight on life and the laughs.

To my mother and father-in-law, Richard and Martha Siegmund, thank you for raising an amazing woman and for accepting me into the family. Im humbled by your love and generosity.

To my editor, Jeff Olson, thanks for finding me in cyberspace and giving me the opportunity to write this book. I appreciate your patience and the calm, subtle nudging it took to get this thing finished.

To the gang at Bergies Coffee in downtown Gilbert, Arizona, including Brian, Bruce, Christina, and Lindamany thanks for letting me hang out at the corner hightop table, tapping away on my laptop. There were many days when the only thing that could get me out of bed was the aroma and flavor of your special roast of the day.

Next page
Light

Font size:

Reset

Interval:

Bookmark:

Make

Similar books «Fixing and Flipping Real Estate: Strategies for the Post-Boom Era»

Look at similar books to Fixing and Flipping Real Estate: Strategies for the Post-Boom Era. We have selected literature similar in name and meaning in the hope of providing readers with more options to find new, interesting, not yet read works.


Reviews about «Fixing and Flipping Real Estate: Strategies for the Post-Boom Era»

Discussion, reviews of the book Fixing and Flipping Real Estate: Strategies for the Post-Boom Era and just readers' own opinions. Leave your comments, write what you think about the work, its meaning or the main characters. Specify what exactly you liked and what you didn't like, and why you think so.