Find It, Fix It, Flip It!: Make Millions in Real Estate--One House at a Time [Mass Market Paperback]

Michael Corbett (Author)

Book Description

Publication Date: January 31, 2006

Michael Corbetthost of Extra's Mansions and Millionaires shares his strategies, tips, and never-before-revealed insider techniques that have helped him make a fortune in real estate no matter what the market is doing! 

Especially in Today's Market, it is essential to lean how to be smart, safe and conservative when flipping.  This book is for aspiring flippers, first-time home buyers, or any homeowner who wants to create big profits and own their ultimate dream home—mortgage free! Starting with the essentials, Corbett shares how to crunch the numbers to instantly determine a house's profit potential. He teaches you how to streer clear of the "no money down gurus"  by teaching you the safe and practical strategies you need to know in this market. He then covers every step from purchase to sale:

• Learn to take advantage of Today's Market opportunites

   Get the profit-making house at the price you can afford
• Make the improvements that make you millions
• Insider secrets that save you thousands
• Safeguard your profits from the market's ups and downs
• Sell your home tax free and pocket the profits

Filled with practical tips, illustrated with before-and-after case studies and easy to use charts and worksheets, Find It, Fix It, Flip It! offers the insider expertise needed to tap into an exciting—and potentially limitless source of income and financial independence. Lean Real Estate the Right Way!

Editorial Reviews

From Booklist

Much has been written about real estate these days, from inflated prices to the softening of the market. It can be difficult to sort the good from the bad, the reality from the hyperbole, but Corbett, television host and actor, manages to relay practical use-it-now information. What's his gig? Insider-type information and established methods that will drive successful deals. His hints include controlling every step of the process; including a closet for each room legally to be considered a bedroom; upgrading to high-tech digital thermostats; and avoiding FSBOs (for sale by owners). Before-and-after photographs enliven a fairly high-powered text, as do a bundle of flip tips and trade secrets. Occasionally, self-help verbiage creeps in, such as "give yourself the power to accomplish anything you set your sights on." Otherwise, chock-full of value-added information--enough, perhaps, to overcome a saggy real-estate venture. Barbara Jacobs
Copyright © American Library Association. All rights reserved

Review

What sets this book apart is fixing up a rundown house by not only adding value, also improving the buyer's lifestyle. On my scale of one to 10, this superb new book, which cannot be recommended too highly, rates an off-the-chart 12.--Miami Herald

Armed with an effective strategy and empowering psychology, Michael Corbett shows us how to turn passion into profit.
--Anthony Robbins, author of Awaken The Giant Within

See all Editorial Reviews

Product Details

• Reading level: Ages 18 and up
  
• Mass Market Paperback: 224 pages
• Publisher: Plume; First Printing edition (January 31, 2006)
• Language: English
• ISBN-10: 0452286697
• ISBN-13: 978-0452286696
• Product Dimensions: 8.4 x 5.8 x 0.8 inches
• Shipping Weight: 12 ounces (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars  See all reviews (68 customer reviews)
• Amazon Best Sellers Rank: #93,584 in Books (See Top 100 in Books)
  • #40 in Books > Business & Investing > Real Estate > Buying & Selling Homes
  • #87 in Books > Business & Investing > Real Estate > Investments

More About the Author

Hello Everyone. I just wanted to thank everyone for all the wonderful reviews, comments, and emails. I love being able to share the information in these books with everyone. And I am so very excited about the launch of my new book --- Before You Buy! How to Buy Safe, Sane and Smart in Today's Market!

www.MichaelCorbett.com
Please also vist my Facebook page:http://www.facebook.com/#/pages/MICHAEL-CORBETTS-PROFESSIONAL-PAGE/250855204247?ref=share
And follow me on twitter @1michaelCorbett

According to the Los Angeles Times, Michael Corbett, is the #1 best selling real estate author in the country with books Find It, Fix It, Flip It: Make Millions in Real Estate, One house at a Time!,and Ready, Set, Sold: The Insider Secrets to Get Your House Sold Fast - for Top Dollar!

He is the real-estate and lifestyle host of NBC's Extra, and producer and host of Extra's Mansions & Millionaires. A nationally known, sought after real estate expert, he is a regular contributor and guest on Larry King Live, Dr Phil , CNN, ABC News, Fox News, CBS News The Discovery Channel, HGTV, Live With Regis, , The Fine Living Network, Good Day Live.

His real estate expertise has been featured in all major nation publications including The New York Times, Los Angles Times, Miami Herald, Newsweek, Wall Street Journal, Forbes ,Newsweek, Smart Money, People Magazine, and Business Week.

Formerly a daytime TV star of CBS's The Young and the Restless, ABC's Ryan's Hope and NBC's Search for Tomorrow, turned Real Estate Entrepreneur, Michael Corbett has been buying, renovating and selling homes for over 20 years. Michael has also been touring the country lecturing with the Real Estate and Wealth Expo, sharing the stage with the top real estate, and finance experts Donald trump, Tony Robbins, Robert Kiyosake, David Bach, Suzi Orman, and Dr. Alan Greenspan. Corbett speaks to crowds upwards of 15,000 real estate investors in cities all across the US and Canada. Michael teaches real esvestment classes regularly country wide.

Audio downloadable versions of both his first two books are available and his newest book will be released in 2011.

Please visit his website www.MichaelCorbett.com

Customer Reviews

Most Helpful Customer Reviews

26 of 26 people found the following review helpful:

5.0 out of 5 stars Bam@ Emeril, June 22, 2006

By 

Emeril@Bam (Roswell, GA USA) - See all my reviews

This review is from: Find It, Fix It, Flip It!: Make Millions in Real Estate--One House at a Time (Mass Market Paperback)

This is an honest little book, outlining and providing you with information that the trade shows and REI trainers don't tell you. The only concern that I have is that profitable properties under the scenario described in this book are not that common to find, and if they are, the lots alone go for 200 to 300k or more. You probably need not look in most average subdivisions as the potential price appreciation could not support the model. I suspect that you will have to find a careful set of circumstances like he has in the California market where the profit potential is large. Having said that, I currently hold title to 10 properties and have done remodelling on others that I later sold. But I believe that the information contained in this book will allow me to "step it up a notch" to the next level of profitability. At worst, it is another arrow in your investing quiver.

93 of 105 people found the following review helpful:

3.0 out of 5 stars About what I expected, November 14, 2006

By 

Kelly H (Woodbury, MN, USA) - See all my reviews

This review is from: Find It, Fix It, Flip It!: Make Millions in Real Estate--One House at a Time (Mass Market Paperback)

I am a licensed Realtor in the state of Minnesota. I have never personally flipped a house but have sold several fixers to clients and have renovated the home I live in. I read this book hoping to get some good ideas so I can get more involved in real estate investing. Overall the book did have some good information, and I felt the best parts were mostly on staging and decorating. As other readers mentioned it was a really quick read. The reasons I didn't rate it five stars are:

1) I don't live in California and the book was too specific to California. I would've liked some examples of properties outside of La La Land where values aren't so ridiculous and the profits so unrealistic.

2) The author uses way too many exclamation points! The title is just one example! Overused exclamation points make the tone of the book seem more like a motivational book! Repeat after me: "I can successfully flip homes for a living if I put my mind to it! I will be a wealthy and successful real estate investor someday!"

3) At least half of the book didn't pertain to flipping and just discussed a lot of general homebuyer info. Again, this is good if that's what you're looking for. I wasn't and found myself skimming those sections. He also could've been a little more generic in description because in many states we don't close in escrow, we sign disclosures before an offer is accepted, and inspection and financing contingencies work a little differently than he explains.

3) Pretty sure Coldwell Banker Burnet paid him to plug them so often in the book. Using an agent is essential for many people, but what if you decide to do this full time... wouldn't it really be worth it to get a license and save yourself the commission on both sides? In some states where the profit off these flips is much lower, saving thousands on the commission is huge. I get that he's writing about his experience and what's worked for him, but he doesn't even mention the possibility.

4) Holy ego. He name drops, tells us how he has broken comps on every house he's flipped, and makes it seem like he's doing us a favor by writing this fantastic book full of his secrets.

5) I would've liked a few more horror stories with information on how to salvage your profit if a serious issue comes up after you own the house. Flipping is not as easy as he makes it seem. Although maybe he did address this and the exclamation points and overly enthusiastic language distracted me.

Again I did really like some aspects of this book and will definitely utilize some of the checklists and tips if I decide to flip a house. Like most other "make millions in real estate" books, there are a few things I will takeaway and a bunch of crap I will forget.

23 of 23 people found the following review helpful:

5.0 out of 5 stars Inspiring and informative, July 5, 2006

By 

K. S. Head (Illinois) - See all my reviews
(REAL NAME)   

This review is from: Find It, Fix It, Flip It!: Make Millions in Real Estate--One House at a Time (Mass Market Paperback)

I was overwhelmed with choices when I went looking for a book on house flipping. There are so many out there that it's hard to tell which book will be better than another. So, in all honesty, my friend convinced me to buy this book because of the "good looking guy on the cover". Not very scientific, but what a great choice it turned out to be. Once you get passed the "infomercial" feel of the beginning, the book is loaded with helpful information: How to chose a house; what formula to use to determine if the house can be profitable; making the deal; staging the finished house; color choices; curb appeal; re-sale strategies... The list goes on and on.

I highly recommend reading several book on the subject (do your homework) before entering into what is a risky endeavor and this book should be at the top of your 'must read' list.