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Flipping Houses by Preston Ely [Kindle Edition]

Preston Ely
3.7 out of 5 stars  See all reviews (14 customer reviews)

Kindle Price: $0.99

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Book Description

You're about to discover a HUGE closely-guarded secret that will revolutionize your beliefs about what is truly possible in the world of "no money down" real estate investing!

If you know how to read, you can follow some RIDICULOUSLY simple instructions, and have a few extra hours per week to spare, then you have what it takes to finally start making some serious money.

Notice I didn't say "buying houses." What did I say? I said MAKE SOME SERIOUS MONEY. Houses are stupid. Money is awesome. Don't ever get the two confused. A house won't send you to Tahiti for a month. Money will.

Buckle your seat-belt, my friend. Your life is about to stop sucking immediately.


Product Details

  • File Size: 502 KB
  • Print Length: 127 pages
  • Simultaneous Device Usage: Unlimited
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B006K3HIYC
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Not Enabled
  • Lending: Enabled
  • Amazon Best Sellers Rank: #398,599 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

3.7 out of 5 stars
(14)
3.7 out of 5 stars
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Most Helpful Customer Reviews
18 of 21 people found the following review helpful
Format:Kindle Edition
Ely makes money not from selling real estate but from selling courses, software and books to people who are tempted to believe that you can buy a few products and know all you need to learn about the business of real estate. Wholesaling is actually quite hard to do, especially since any owner who lets you help sell their house has already tried and failed to sell it himself. Plus the house often has some real flaws that make it a hard sell. While this book gives the outline of how this process works, it's done in a way that makes it seem like it is easy, but it's not at all. The thing that bothers me about Ely, who is a nice guy, is that he himself has very little actual experience buying and selling real estate. He even admitted once (in his frequent emails to his "list") that he hates real estate. Since then he has focused on producing products for people who ARE at least trying to do the business of real estate. But how much help can he be when he hasn't really been successful himself as a person actually doing the hard work of real estate? There are people who actually do the work. There are other books from solid real estate investors with real experience that will be more valuable. Plus, whenever someone tries to sell you anything related to a real business like real estate by something like this: "You're about to discover a HUGE closely-guarded secret that will revolutionize your beliefs about what is truly possible in the world of "no money down" real estate investing! If you know how to read, you can follow some RIDICULOUSLY simple instructions, and have a few extra hours per week to spare, then you have what it takes to finally start making some serious money -- Preston Ely." When you read something like this, RUN!!!
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15 of 18 people found the following review helpful
3.0 out of 5 stars I am a little skeptical May 23, 2012
By Jared
Format:Kindle Edition|Verified Purchase
I am not a real estate expert, but there are several reccomendations made in the book that seem like they could be unlawful. The strategy behind wholesaling houses would have to generate some dissenting opinions, but every google search returns articles and blogs that seem influenced or directly written by preston and include a further sales pitch.

I coud see someone taking the outlined strategy and making a lot of money with it, but I think there is a chance that the whole thing is a scam.

There is a fair amount of bible thumping and boasting as well.
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2 of 2 people found the following review helpful
1.0 out of 5 stars Blah Blah Blah March 31, 2015
Format:Kindle Edition
This book was given to me strictly for the purpose of reading and reviewing. I'm not a huge real estate investor (only 2 home purchases - one sold for a profit, the other is in the process of rehab). I am definitely not a wholesaler. It will take the average reader probably a couple of hours to read because it is mainly "filler". If the author was in front of you speaking the way the book is written - I think many people would tend to walk away.
Preston Ely offers several easy "tips" to put you on your road to riches. While reading them - red flags started going off in my head. One tip is "bandit signs". I live in the Dallas/Ft. Worth, TX area and "bandit signs" are illegal in my city...the fine is about $100/sign if I remember correctly. Don't think the toll free number is not traceable. Ask an out of state company that recently got slapped with over $15,000 in fines for their bandit signs.

Another HUGE red flag is in the assignment contracts. If you choose to wholesale in Texas - I would suggest hiring a real estate attorney to create the contract. If not worded properly - Texas law considers this "brokering" and you MUST be a licensed Real Estate Broker.

It's pretty obvious that the author is not so much into real estate as he is pushing his month Pro & Elite programs from his website. He claims to have 200,000 members (although he does not specify if some of those are free memberships). At $97/month & $197/month respectively - that averages out to nearly $30 million/month...draw your own conclusions.
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1 of 1 people found the following review helpful
1.0 out of 5 stars Legal? May 7, 2015
Format:Kindle Edition
Although the information in his book is true and he probably does make a profit from it. His website is not accredited by BBB and there are more faulty stories then all get out from using his program. I'm not even sure his program is legal?
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0 of 1 people found the following review helpful
4.0 out of 5 stars Flipping Houses April 23, 2015
Format:Kindle Edition|Verified Purchase
This was a great book! I actually read it cover to cover, and that's something I haven't done in a while.
This book (and Preston) gave me a lot of hope that I can actually become a success in this (real estate investing) and all throughout life.
I need to go back and read it again, it's that good. Thanks again.
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5 of 11 people found the following review helpful
4.0 out of 5 stars Book of Inspiration and Interesting March 16, 2012
Format:Kindle Edition
Preston Ely has done a remarkable achievement in this book field. This book is higly interesting and about flip your house. Every should know and the matter consisted and enjoy the facts and method of conveying the subject. I like this book and recommend this book to my friends and collegues.
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5 of 11 people found the following review helpful
5.0 out of 5 stars flip it March 15, 2012
Format:Kindle Edition
how to flip your houses from normal and ordinary to a advanced one..if you want to learn it than learn it from here with beautifully explained book from its writer..really must read this one..too interesting
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Most Recent Customer Reviews
4.0 out of 5 stars good read
Very funny and informative. Quick read. interesting and gets right to the point. Also includes website address for further exploration. Read more
Published 3 months ago by Bassbunny27
5.0 out of 5 stars A fun and very informative read!!!
This book gives you the tools you need for success and teaches you where to get and how to use the tools. A must read for anyone who is or wants to wholesale real estate.
Published 4 months ago by stephen Marshall
4.0 out of 5 stars Great book
Was very inspired and am goin to call or look up moment I get back on land I need to leave the offshore dive industry and help would be great!
Published on February 18, 2013 by David Crane
5.0 out of 5 stars Straight to the point!!!
I like this book because it gives clear, concise information about the subject. Of course I would always recommend getting help from someone in your area to assist with these types... Read more
Published on January 30, 2013 by Amazon Customer
5.0 out of 5 stars Great advice from THE Preston Ely
Thanks so much for writing a funny and empowering book about flipping houses. Learned many new techniques for real estate investing.
Published on January 29, 2013 by Paid2xl
5.0 out of 5 stars Great book about wholesaling for new real estate investors!
This book by Preston is a great introduction to wholesaling for real estate investors

Lex Levinrad - Author of Wholesaling Bank Owned Properties
Published on July 8, 2012 by Lex Levinrad
5.0 out of 5 stars Good and useful book
Amazing.This one as one of the best I've read. I want to thank the author, Preston Ely, for such an inspirational and great book. I really enjoy reading this book. Read more
Published on March 15, 2012 by cutebaby
Search Customer Reviews

More About the Author

Preston Ely is a real estate investor, serial entrepreneur, life coach, musician and philanthropist.

He is General Partner of Freedomsoft LLLP, a mid-sized global software company, CEO of Real Freedom, Inc, one of the most influential internet-based information publishers in the world, owns the largest Anytime Fitness Gym in the United States, is recording a music album with Atlantic Records, sits on the board of Advocates Of Love Orphanage, and has a non-profit charity assisting the poor and oppressed in Cuba with both their physical and spiritual needs.

He's published several best selling books including No B.S. Real Estate Investing, Instant Probate Profits, and The New Rich Manifesto. He's also created a multitude of home study courses, membership sites, and social networking platforms.

Preston coaches and consults people all across the country in an effort to help them achieve true, holistic, and lasting wealth and freedom.

He has won 2 Emmy awards and 1 Silver Telly award for his executive production of the widely acclaimed Jacob's Turn documentary. He was voted as one of Fast Company Magazine's "100 Most Influential People Online." And Inc. Magazine named his company Real Freedom, Inc one of the "Fastest Growing Companies" in 2012.

With over 200,000 subscribers to his email newsletter, he is rapidly fulfilling his mission on earth, which is to glorify God by setting people physically, mentally, financially, and spiritually free through his music and his message of FREEDOM.

Preston is 37 years old, lives in Tampa, FL with his wife Ashley, where he spends most of his time reading, writing, and practicing mixed martial arts.

https://www.youtube.com/prestonely
https://www.facebook.com/therealprestonely
http://www.twitter.com/preston777
http://www.prestonely.com


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