K. Connors - Flipping Houses: The Complete Guide on How to Buy, Sell and Invest in Real Estate

FLIPPING HOUSES

The Complete Guide on How to Buy, Sell and Invest in Real Estate

By K. Connors

Copyright 2017 By K. Connors - All Rights Reserved.

Copyright 2017 Flipping Houses. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. This also includes conveying via e-mail without permission in writing from the publisher. All information within this book is of relevant content and written solely for motivation and direction. No financial guarantees. All information is considered valid and factual to the writers knowledge. The author is not associated or affiliated with any company or brand mentioned in the book, therefore does not purposefully advertise nor receives payment for doing so.

INTRODUCTION

F lng houses is one of the best ways to make money when it comes to rl tt investing. Approximately 90% f th wrld' millionaires made thr mn thrugh some sort of real estate investing. But how n an rdnr rn fl hu nd make a ubtntl amount of mn n td' rl tt market? Wht are the mn thng you need t understand bfr gng and flping a hu? And wh is it mrtnt to educate yourself before flipping a house? In this bk, I wll g vr key t tht will t u n ur house flng vntur.

If u want t maximize rft with rl estate investing, thn flipping houses is definitely an avenue to pursue. Flng rrt a trm tht typically used n real tt; it when n nvtr takes ntrl f a rrt nd ukl rll t fr a rft. Some flr will also perform renovations; however, this can b rk nd n't recommended for th nv nvtr. The r trt b finding a hm t flip. The rrt should b undr rd for the urrnt local market. Oftn times these properties are lld 'fxr uppers', but not ll the time. Any frlur, r-frlur, utn, or home tht h bn ngltd can b bought for a lwr price. Flng properties is commonly dn by dealers or retailers, but it more than bl fr nn t take rt n the rt f flng properties.

Aftr u have fund a utbl rrt, u wll typically urh the rrt. Hwvr, there r other ways t ntrl the rrt for little as a few bucks. Th trntn lv th flr wth control of th property, but wthut the nrml burdn of hvng t worry but th mortgage mnt. Once in control of a property, t becomes th flippers jb t mrkt t t potential bur. Th mrktng r n nvlv anything frm ll marketing thrugh newspaper ads nd standard gng to building a relationship with one or multiple local realtors. There are also mr advanced mthd such as internet marketing. Yur goal t gt th rrt n by mn l bl, and as quick as possible. Tm is money, so the mr tntl buyers that r exposed to th property th bttr.

Once the rrt h been ld, th flr huld thn mmdtl bgn lkng fr thir nxt property. It nt unmmn fr mr xrnd flippers to control fv t seven properties t n given tm.

CHAPTER 1

WHAT IS HOUSE FLIPPING?

F lng hu a grt way t rn mn n rl tt. Yu bu a rrt, fix it (or dont) nd thn sell t fr a rft. These thr things r th primary rnl f house flipping where an investor n rn substantial rft. An nvtr tht bl to buy, fx nd thn ll a house ukl emerges wth mn nd rft that they can u t fund their nxt rl tt nvtmnt.