The Unofficial Guide to Flipping Properties (Unofficial Guides) [Paperback]

Peter A. Richmond (Author)

Book Description

Series: Unofficial Guides | Publication Date: January 23, 2007

The inside scoop...for when you want more than the official line!

Perhaps you've seen TV shows on flipping and thought, "I can do that." Maybe you're tempted by the lure of easy profits. There is money to be made by flipping residential properties, but there's risk involved, too. This book helps you get started or improve your flipping skills (and your profits) with info on finding appropriate properties, financing your purchase, making improvements that will pay off, negotiating with contractors, and more. Whether you're interested in undertaking only cosmetic improvements or in totally gutting a property, this guide helps you with everything from choosing and redoing the right house or condo to selling it for maximum profit. With tips from experienced flippers, it includes:

Vital Information on finding and financing the right property

Insider Secrets on using and leveraging someone else's money

Money-Saving Techniques such as refacing or painting cabinets and updating the hardware

Time-Saving Tips such as consolidating your purchases (appliances, materials, tools, etc.) at a home improvement center

The Scoop on staging a property inside and out for maximum impact

Expert Advice to help you assess a property's profitability, set and monitor your budget, and more

Editorial Reviews

From the Back Cover

The inside scoop...for when you want more than the official line!

Perhaps you've seen TV shows on flipping and thought, "I can do that." Maybe you're tempted by the lure of easy profits. There is money to be made by flipping residential properties, but there's risk involved, too. This book helps you get started or improve your flipping skills (and your profits) with info on finding appropriate properties, financing your purchase, making improvements that will pay off, negotiating with contractors, and more. Whether you're interested in undertaking only cosmetic improvements or in totally gutting a property, this guide helps you with everything from choosing and redoing the right house or condo to selling it for maximum profit. With tips from experienced flippers, it includes:

Vital Information on finding and financing the right property

Insider Secrets on using and leveraging someone else's money

Money-Saving Techniques such as refacing or painting cabinets and updating the hardware

Time-Saving Tips such as consolidating your purchases (appliances, materials, tools, etc.) at a home improvement center

The Scoop on staging a property inside and out for maximum impact

Expert Advice to help you assess a property's profitability, set and monitor your budget, and more

About the Author

PETER A. RICHMOND is a Realtor with Pacific Union Real Estate in Mill Valley, California. He has worked in real estate for 13 years, following a 25-year career in international banking and finance that included assignments to Germany, England, and Pakistan. Peter represents clients in both residential and commercial real estate, working with his wife, Jane, at Pacific Union. He is a member of the Allen F. Hainge Cyberstars and is a recognized expert on the purchase and sale of foreclosed properties.

Product Details

• Paperback: 312 pages
• Publisher: Wiley; 1 edition (January 23, 2007)
• Language: English
• ISBN-10: 0471799106
• ISBN-13: 978-0471799108
• Product Dimensions: 5.3 x 0.5 x 8.3 inches
• Shipping Weight: 8.8 ounces (View shipping rates and policies)
• Amazon Best Sellers Rank: #1,174,097 in Books (See Top 100 in Books)

More About the Author

Peter is a Realtor with Pacific Union in Marin County, California. He has been involved in the listing and sale of all types of real property for the past 16 years, specializing in REO, or foreclosures. Prior to entering the real estate brokerage business, Peter spent over 25 years in the banking business working for a variety of major institutions, domestic and foreign. During that time he has lived abroad, including assignments in England, Germany and Pakistan, as well as at his present location in Mill Valley for over 30 years. He lives with his wife, Jane in Mill Valley, CA. When not writing, you'll likely find him skiing, cycling or sparring at a Tae Kwon Do studio, polishing his 2d Degree Black Belt skills. In addition to this page, his website for his book, Save Your House From Foreclosure!, is: www.saveyourhousefromforeclosurebook.com .