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Find It, Fix It, Flip It!: Make Millions in Real Estate--One House at a Time Paperback – January 31, 2006
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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
Top Customer Reviews
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.
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?Read more ›
The first section on finding flip worth properties was excellent. Michael does a very in-depth job of describing all of the different aspects of locating a property, performing analysis on the property to see if it could be profitable, creating a team, and surviving escrow. I was especially impressed with his profit calculator
Part two focuses on the repairs and renovations involved with the flip. The author does a fantastic job of splitting up all the various renovations that can be potentially done with the renovations that will result in profit upon sale of the property. I absolutely loved his sections on lifestyle upgrades, essentially renovations that will attractive a higher price due to the lifestyle the home gives.
Part three finishes up with the final flip. Here the focus is on dressing the home to attract buyers and create a warm atmosphere, and finally selling the house. Again I was very impressed with the ideas and lists that author Michael Corbett came up with.
In all, this was my first book on flipping, but I might not have to pick up any others. The lists and forms are fantastic and the book is complete. I highly recommend this book to the novice and the experienced flipper alike. 5 out of 5 stars.
Most Recent Customer Reviews
It was a very helpful book. Not too boring either. I still have a lot of questions but at least now I feel much more prepared to get started!Published 1 day ago by El Guapo!
Great book. Very helpful with the idea of flipping houses and also just for remodeling your own.Published 11 months ago by Carol Clark
Just another individual who makes more money selling his system. Not a lot of good material here. You must buy into his products to find out how the system really works.Published 11 months ago by Charles Woodcock