Getting Started in Property Flipping [Paperback]

Michael C. Thomsett (Author)

Book Description

Series: Getting Started In..... | Publication Date: January 9, 2007

A NON-TRADITIONAL APPROACH TO REAL ESTATE



GETTING STARTED IN PROPERTY FLIPPING

The concept of property flipping is not new; in fact, it has been around for a very long time. The basic premise of flipping involves moving into an ownership position of a piece of property and then selling that piece of property for a profit--all in the shortest amount of time possible. Flipping can be applied to raw land, commercial, or industrial property, but those are more advanced endeavors. Getting Started in Property Flipping eases you into this arena by focusing the discussion on single-family residential property.

Written by acclaimed real estate investor and bestselling author Michael C. Thomsett, Getting Started in Property Flipping is an accessible introduction to this creative approach to real estate investing. Filled with real-world examples and practical advice, this book clearly shows you the many sides of property flipping and takes you through the process of defining whether or not flipping is an appropriate strategy for you. Getting Started in Property Flipping also provides you with valuable information on flipping strategies, approaches to valuing property, and a variety of other issues you need to become familiar with in order to achieve success.

Written from an investor's point-of-view, Getting Started in Property Flipping is a straightforward guide to a highly profitable field.

Editorial Reviews

From the Back Cover

A NON-TRADITIONAL APPROACH TO REAL ESTATE

GETTING STARTED IN PROPERTY FLIPPING

The concept of property flipping is not new; in fact, it has been around for a very long time. The basic premise of flipping involves moving into an ownership position of a piece of property and then selling that piece of property for a profit—all in the shortest amount of time possible. Flipping can be applied to raw land, commercial, or industrial property, but those are more advanced endeavors. Getting Started in Property Flipping eases you into this arena by focusing the discussion on single-family residential property.

Written by acclaimed real estate investor and bestselling author Michael C. Thomsett, Getting Started in Property Flipping is an accessible introduction to this creative approach to real estate investing. Filled with real-world examples and practical advice, this book clearly shows you the many sides of property flipping and takes you through the process of defining whether or not flipping is an appropriate strategy for you. Getting Started in Property Flipping also provides you with valuable information on flipping strategies, approaches to valuing property, and a variety of other issues you need to become familiar with in order to achieve success.

Written from an investor's point-of-view, Getting Started in Property Flipping is a straightforward guide to a highly profitable field.

About the Author

Michael C. Thomsett has written more than sixty books on investing, real estate, business, and management topics. He is the author of several Wiley books, including Getting Started in Real Estate Investing, J.K. Lasser's Real Estate Investing, and Real Estate Market Valuation and Analysis. Throughout the 1990s, he bought and sold numerous properties in Washington State, investing in real estate as a landlord and as a buyer of both long-term and fixer-upper properties.

Product Details

• Paperback: 224 pages
• Publisher: Wiley; 1 edition (January 9, 2007)
• Language: English
• ISBN-10: 047003937X
• ISBN-13: 978-0470039373
• Product Dimensions: 9.2 x 6.1 x 0.6 inches
• Shipping Weight: 8.8 ounces (View shipping rates and policies)
• Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #1,067,996 in Books (See Top 100 in Books)

More About the Author

I have been writing professionally since 1978 and fulltime since 1984. Previously, I was an accountant.
From 1978 to 1984 I wrote part-time and also was a consultant in the financial services industry. Once I began writing fulltime, I began in the magazine journalism field as a freelancer. In 1985 and 1986 I wrote approximately 500 articles in business, trade and professional magazines. I then switched over to books exclusively and have written over 70 books. These include my own as well as ghost-written projects.
Today I like to work on multiple books at the same time, normally two or three projects. Being able to switch back and forth keeps the writing process fresh and interesting. I generally write from 7 a.m. until noon and spend afternoons on research.

Customer Reviews

Most Helpful Customer Reviews

4.0 out of 5 stars good but quickly outdated, February 8, 2008

By 

Phil McCraken - See all my reviews

This review is from: Getting Started in Property Flipping (Paperback)

very informative, but now that it is hard for people to secure mortgages I'm sure it would be more useful to have more focus on obtaining foreclosures.