- Paperback: 320 pages
- Publisher: BiggerPockets; 2 edition (January 17, 2019)
- Language: English
- ISBN-10: 1947200100
- ISBN-13: 978-1947200104
- Product Dimensions: 6 x 0.8 x 9 inches
- Shipping Weight: 15.4 ounces (View shipping rates and policies)
- Average Customer Review: 249 customer reviews
- Amazon Best Sellers Rank: #4,166 in Books (See Top 100 in Books)
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The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties 2nd Edition
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“Learn the step-by-step process of house flipping from the best in the business. This book is the perfect blend of fix-and-flip concepts, tactics and real-world examples.”
—Joe Fairless, author of Best Ever Apartment Syndication Book
“This book is not about motivating you and then leaving you hanging. Instead, it is packed with real-world advice, written honestly with both the good and the bad. If you are looking for all of the things you need to know, whether you are starting your first flip or your hundredth, this book is THE Book on Flipping Houses!”
—Brian Burke, President/CEO of Praxis Capital Inc. and has flipped over 500 homes
“I've been investing in real estate as a flipper and landlord for over 16 years, and this is the only book I'd recommend to teach flipping houses. J knows his stuff, and more importantly, he knows how to explain difficult concepts in a way that everyone can understand. If you are at all interested in flipping houses, buy this book. You won't regret it.”
—Chad Carson, author of Retire Early With Real Estate & coachcarson.com
“When it comes to the house flipping business, there are only a few people I trust and J Scott is one of them. The Book on Flipping Houses is an excellent guide that can help you understand the inner workings of a very complex and lucrative business.”
—Seth Williams, Founder of RETipster.com
“J Scott is one of the premier real estate investing writers in the industry. He has a knack for delivering top-notch content in a way that is easily understood by everyone. He backs up his writing with experiences in everything he writes about. This book is one of the best ever written on the subject of flipping houses. Highly recommended!”
—Mark Ferguson, Flipper, landlord, and creator of InvestFourMore.com
Ready to be the next Chip and Joanna Gaines? Before you get over your head with renovations that look simple, pick up this book to get a detailed, scalable strategy to accurately flip your first—or next—real estate investment property for top dollar!
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249 customer reviews
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One thing I did with my rentals that the books don't suggest is have a Management Company handle the entire process of my Rentals. They handle marketing, Contracts, Tenants and maintenance for 10% of the rental price. On most deals that will cost me about 120 dollars per month. Not having to deal with Tenants and maintenance is worth the price to me. The profit margin in my area is around 20 percent. If it is a break even deal I will hold until I get enough equity from their payments and then when the lease is up I will clean it up and sale. It can be the difference in losing money and making a little off of a bad deal.
1) Buy this book, and the rehab estimator book.
2) Join you local REIA - and network, network, and network.
3) Find a mentor - alone you are lost, or this machine of so many moving parts will crush you.
Love biggerpockets.com too!!
I'm currently reading J Scott's other book "The Book on Estimating Rehab Costs"