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FLIP: How to Find, Fix, and Sell Houses for Profit Paperback – January 9, 2007

135 customer reviews

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Frequently Bought Together

FLIP: How to Find, Fix, and Sell Houses for Profit + The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties (BiggerPockets Presents...) + The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...)
Price for all three: $57.28

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Editorial Reviews

About the Author

Rick Villani and Clay Davis are senior executives at HomeFixers, North America’s leading real estate rehab franchise.

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Product Details

  • Paperback: 394 pages
  • Publisher: McGraw-Hill Education; 1st edition (January 9, 2007)
  • Language: English
  • ISBN-10: 0071486100
  • ISBN-13: 978-0071486101
  • Product Dimensions: 7 x 1 x 9 inches
  • Shipping Weight: 1.4 pounds (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (135 customer reviews)
  • Amazon Best Sellers Rank: #5,092 in Books (See Top 100 in Books)

More About the Author

Rick Villani is a senior executive at HomeFixers, North America's leading real estate rehab franchise.

Customer Reviews

Most Helpful Customer Reviews

119 of 125 people found the following review helpful By Amazon Customer on February 16, 2007
Format: Paperback
I am a 28 year licensed real estate veteren and can honestly say that I learned a great deal about not only buying and fixing homes for profit but buying homes in general when it comes to homes needing repairs. This book is exceptional. It builds a model to follow if you want to consider investing in properties that need repair. It is simply the best "how to" book on any subject I have ever read. The book can save you a great deal of time, money and heartache if this is a subject you would like to pursue or even if you have already engaged in flipping properties. No investment is fool proof meaning even if you are knowledgeable you can still make mistakes. FLIP clearly demonstrates and shows you how to avoid as many problems as possible and more importantly when to say NO to what might at first appear to be a good opportunity. I could not recommend a book more than FLIP!
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65 of 67 people found the following review helpful By Ida Jones on February 19, 2007
Format: Paperback
What I find so helpful about this book, and I have read a lot of them, is the logical way in which the authors divide all aspects of real estate investing. They have experience, they have the data, and they present it so well. I have been investing for a few years, and this book not only sums up much of what I have learned, but it really has taught me things I didn't know. It has made me think about my business in a smarter way. They don't promote a get-rich-quick scheme. This is hard work. They present the business in an honest way.
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39 of 40 people found the following review helpful By Matt Parker on May 12, 2007
Format: Paperback
If you look at the authors' bio, it's short and sweet. What it says is, I know what I'm doing because I've done this before. The steps are laid out in this book: (1) Finding a home with potential (2) How to make an offer without costing you an arm and a leg (3) how to finance (4) How to fix your house and manage it (5) How to sell. These 5 simple steps are delivered to the point, and with expertise.

Just one last point, I only recommend reading books by investors. Don't buy books from 'writers'. They don't write from an investor's perspective. Other books I recommend along with FLIP:

The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction by Lucier

Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series by Sausa

Investing in Duplexes, Triplexes, and Quads: The Fastest and Safest Way to Real Estate Wealth by Loftis
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56 of 60 people found the following review helpful By Donna C. Lloyd on February 6, 2007
Format: Paperback
As a Certified Residential Specialist from Fayetteville, North Carolina, I am constantly exposing myself to every kind of training and am constantly reading about the real estate industry so I may be best prepared to serve my clients. I have been watching for this book for weeks and was so excited when I finally found it. WOW! I couldn't put it down.

This is such a well written, practical and informative resource on the processes of flipping. It could easily be named - FLIP- THE REALITY CHECK. There is certainly a method that makes the process of rehabing and reselling a home a financial success. This book really educates the layperson about the importance of making buying decisions based on information gathered through predetermined systems and processes rather than on emotion. Valuable!

FLIP also clearly communicates the power of good advocacy which I hugely appreciated and agree with. I see some people who discount the enormous value that Realtors and other professionals bring to the success of real estate processes. This writer GETS IT!

From A-Z, this is a grand guide. Through the use of personal stories it is easy to "feel" the temptations to make rush decisions not solidly based on factual evaluation and profit projections and, through the stories the reader could get a little taste of the frustrations, fears and celebrations that are part of the challenge. The stories make it clear that stuff just happens and there is no perfect purchase that yields only great returns with no surprises. That prepares the reader to know it's just a part of the ride and there is not an unreasonable expectation that their attempts have to be perfect all the time. Looking at multiple investor stories, the reader also learns that there's more than one way to hit a home run.
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36 of 38 people found the following review helpful By Robert Grunnah on April 15, 2007
Format: Paperback Verified Purchase
I recently read the book from cover to cover and was highly impressed - it is without question the new "bible" on flipping houses, and the authors addressed each concern a flipper might have with aplomb; direct, honest, unbiased, etc. I "flip" about 4-6 houses a month, and I found the topics covered to be very valuable. One piece of advice for the follow up that would be helpful - advice to flippers of how to deal with the "seasoned title" issue where underwriters for mortgage companies used by the flip buyers to fund the deals can get spooked about short title seasoning.
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25 of 26 people found the following review helpful By P. Sterling on February 5, 2007
Format: Paperback
I am a female currently researching rehabbing and flipping, and I've read numerous books on the subject. In MY opinion, FLIP is by far the best book on the market. It's very detailed and easy to understand. It takes the guesswork out of figuring out how to prepare estimates by including sample prices and breaking everything down. Not only are the sample estimates based on real prices from real stores (at the time of the book's writing, of course), they also factor in average installation times and labor rates. Although you should research your own prices and adjust them accordingly, this book will show you how to tie everything together to come up with your prices. I believe the information in this book will get you off to a great start. I highly recommend it!
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