By This is a good look at being thorough and successful in flipping houses. Flipping Houses For Dummies speaks to the mom and pop investor, steering you clear of the gray areas, which tend to carry high-risks and low-returns, into safer, more potentially profitable areas. Solid but not extraordinary. Really cool book that talks you through flipping houses. The author - J Scott - is easily accessible in the forums at BiggerPockets.com, making him one of the most knowledgeable and accessible experts in this business. Should help me to start a new career at 55. The information seems quality (I am a beginner investor so I am not the best judge), but the number of typos is staggering. It is mis-titled...it should be "THE book." Goodreads helps you keep track of books you want to read. I would strongly encourage people to buy the updated version, NOT the first edition. I also bought the companion book called "The Book on Estimating Rehabs" and it is the perfect book to figure out how to not only estimate the scope of work but gives you great insight on what you should be paying for contractors and products. Click on this books subject categories to see related titles: Business & Money Has certainly given me the confidence to take the next leap knowing I've reduced as much risk as possible at this point in the process of attempting my first flip. For any would-be investors out there, BUY, READ, and PUT INTO PRACTICE the advice in these books! Performance 4 out of 5 stars. When you will find things different in your market versus his. It gives you basic info and a few tips. Can't really wrap my head around how that happened. Story 5 out of 5 stars. No fluff, no pomp, just solid info and advice. Here’s a crash course on what it takes to become a house flipper. This revised edition of the bestselling book includes new explanations on the ins-and-outs of flipping real estate in any part of the economic cycle, more options on how to finance your … There will be times in your flipping process where you might lose money but I've been successful in turning those into Rental properties to make my money back and then hold for long term growth and a small monthly income on Rent. J Scott, The Book on Flipping Houses Time is money. So, anything that can shave time off of a sale is valuable. He readily admits what works for him and what doesn't. It can be the difference in losing money and making a little off of a bad deal. Can be read in one sitting, then used later for reference and refresher. This is the first review I have ever written, as no matter how much I have liked things in the past I just don't typically feel compelled to write reviews (even though I always read the verified purchase ones before I buy something). Just like his other book (estimating costs), it's incredibly well written and laid out. It's sort of hard to get back into the zone after having to read every quote which appears at every other page of the book. Not having to deal with Tenants and maintenance is worth the price to me. The Book on Flipping Houses. I would only rate a 5 if it absolutely blew me away. In face, we bought two copies so we could both read them at once. Performance 5 out of 5 stars. Compre online The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties, de Scott, MR J., Turner, MR Brandon, Dorkin, MR Josh na Amazon. This really is THE book on flipping houses. Very detailed and has actionable steps. You need a step-by-step guide to evaluate property, avoid rookie mistakes, and build a profitable, successful business. I didn't give it 5 stars because I think more info could have been added but this is a good book to start the newbie off as far as education goes. good to learn the pitfalls of flipping and to establish best practices. Let us know what’s wrong with this preview of, Published Scott, J. 1) Buy this book, and the rehab estimator book. Even though this book contains numerous minor typos right up to the last page, Mr. Scott carefully covers every aspect of buying, renovating & flipping houses in a comprehensive manner. Keep in mind this does not have all the answers, and a real-life project will almost always deviate from the outline that J lays out. I just bought my first house to flip, totally confident in the purchase and the renovation and selling it to make someone very happy to have my project. Book has a lot of good information. I would say without a doubt- the most important book to read if entering the wholesale house business. I’m not interested in flipping houses, and mainly bought the book to learn more about rehab in general, and although it provides good information about the total process of rehab, I didn’t find much … Detailed, straightforward guide to rehabbing houses. Entirely revised and updated! Very thorough book on flipping houses (obviously). The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties by J. Scott If you peruse the real estate section of a good bookstore, you’ll see a lot of top celebrity real estate barons boasting of their prolific success flipping houses. (Real estate investor), author. Great job "J" ! I'm currently reading J Scott's other book "The Book on Estimating Rehab Costs", it is a good read and full of helpful information. every now and then there's a misused word - indicates dictation vs. typing (which is fine with me quite frankly). I consider this a must read for anyone looking at the field, including real estate agents, wholesalers, flippers (obviously) and even "regular" home owners considering selling at some point. Here’s a couple of good books to learn about flipping houses: 1. Will keep you posted if it works or not. It's neat to see it laid out step-by-step. Frete GRÁTIS em milhares de produtos com o Amazon Prime. A true blueprint on what to do, when to do it, and how it should be done in the area of rehabbing houses. Seems daunting but doable. Flipping real estate has become very popular due in part to many tv shows about flipping houses. Much is common sense but it also presents ideas and concepts I hadn't considered. Described each and every step of the process thoroughly and gave good examples of his strategies and past successes/failures. A MUST READ for anyone interested in real estate investing. Sale Sold out. I sent copies to family members and recommended both books (Book on Flipping House and Estimating Rehab Cost) to friends. Scott keeps the pace brisk and covers bridge loans and other financing tips, finding deals, renovation , evaluating scope of wo r k , and most of all, accurately … Now with this new book, Flipping Houses: The Number One Investment Guide for Buying and Reselling Residential Properties, you will find detailed knowledge from an industry expert that will help you: Understand the beginner’s steps you should take; How to start a house flipping business; Having a good business plan; 7 top tips for flipping … In The Book on Flipping Houses, expert real estate fix-and-flipper J Scott details a step-by-step plan to succeed in your first—or next—house flip. I highly suggest joining bigger pockets! Amazing. These are the questions I have been asking for some time now and I finally found it all in one place. The profit margin in my area is around 20 percent. 4 people found this helpful Overall 5 out of 5 stars. But it covers a lot of content. 2. There is good info in here but most if it i already knew from doing endless research on the net from videos to forums. They handle marketing, Contracts, Tenants and maintenance for 10% of the rental price. J. Scott doesn't just give us a fish, but teaches us to fish for ourselves in this book. In The Book on Flipping Houses, expert real estate fix-and-flipper J Scott details a step-by-step plan to succeed in your first―or next―house flip. The Book on Tax Strategies for the Savvy Real Estate Investor. How to evaluate a potential market or “farm” area! A thorough and helpful book. The 4.2 stars rated book in Amazon is a collection of wisdom that gives you the seven most fundamental steps in house flipping business. This book is very detail in how to buy, rehab, and sell residential properties. Flipping is a great way to make a good living. Mr. Scott provides his experiences in a detail and understandable manner. 3. But...I have to admit, I have learned quite a few things with this book! I can't imagine a possible way that a book on flipping houses has a faster pace and more detailed and in-depth information on this topic. Simply and excellent beginners (and even advance) guide. I would favor use of a realtor if my wife were one too! Covers every aspect and answers all your questions. How to get your property to the closing table as efficiently as possible so you can collect your check! I’m giving this book 3 stars because I’m unsure what constitutes a 4-5 star rating now. Be the first to ask a question about The Book on Flipping Houses, Revised Edition. J Scott makes his money off real estate, which is evident by the amount of information that he shares for FREE on his blog [...] As great as J's blog is, it is a little difficult to connect all of the dots needed to go from start to finish with rehabbing. 3) Find a mentor - alone you are lost, or this machine of so many moving parts will crush you. Very helpful to the beginning or aspiring flipper. Minus one star for the ungodly amount of spelling errors. Entirely revised and updated! Thanks to J and Bigger Pockets for putting this out! If you follow what he prescribes, you'll be way past most of the flippers you compete against. J Scott has flipped hundreds of houses successfully and lays out the blueprint of how to do well. He tells you the good and the bad but gives sound advice on how to make sure each deal is a winner. The best book I have read on that issue is Buy it, Rent it, Profit by Bryan M. Chavis. From start to finish, it's just about every aspect of flipping that you could think of. The definitive text on Residential Real Estate Investing! Get My FREE Copy! I am only half-way through the first book, but it is already far and away the best book on the subject that I have seen. It's as if the book was not proof read one time. There's a lot you can get from it even if you're not a flipper, as long as you're doing something or other with real estate. Absolutely the best step by step book for learning to rehab. Every aspect has been thoroughly described. Still, a very powerful step by step tool. Almost difficult to read at times for that reason. This is a topic that I have been considering for some years, but have not really known how. Very good and realistic overview of the house flipping business. “Getting licensed was one of the best things we ever did for our business. Overall 5 out of 5 stars. GET IT, READ IT, DO IT! There are no discussion topics on this book yet. The Book on Flipping Houses. If you are looking to flip houses, this is THE book that you need to purchase. Each book provides a comprehensive look into flipping houses while providing a unique spin on the topic. … Hurry, Grab it While It's Still FREE (Limited Time) You Information is 100% Secure And No Credit Card is Required "If you are interested in building wealth through real estate, understand that it can be done." This book is a good review of how to flip houses. This book is exactly what you need to flip a house. Thanks J and Bigger Pockets! 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. Vendor Amanda Han & Matt … information. The book was very detailed and helpful in other areas, however, such as locating deals, financing, and working with contractors in particular. It is safe to say that this book will be instrumental to my success in real estate investing. Welcome to the world of house flipping. Most people that write books or teach real estate make their money off writing books or teaching. In 2008, J and his wife decided to leave the 80-hour work weeks behind. I’m not interested in flipping houses, and mainly bought the book to learn more about rehab in general, and although it provides good information about the total process of rehab, I didn’t find much about the actual tangible process of rehab, and want thing tend to appreciate the value of a property. Again, fine with me as no one is an expert in everything. Encontre diversos livros escritos por Scott, MR J., Turner, MR Brandon, Dorkin, MR Josh … How to make competitive offers and complete your due dili-gence efficiently and effectively! Fairly thorough book, though highly specific to house flipping of course. The book is well-organized and thorough. Thanks, J! I listen to it before undergoing my first flips. If none of the above reasons why flipping houses is a bad idea has scared you off and you’re looking for more in-depth information, a great book I read when first starting out is called “Flip: How to Find, Fix, and Sell a House for Profit” by Rick Villani and Clay Davis. I really appreciate Josh putting it together. - Entrepreneur Magazine Then in Chapter 3 1 10537_Berges_c01_f.qxd 9/22/03 10:09 AM Page 1 Chapter 7: How Will You Find Deals? Clearly the author is very experienced with flipping. Key Takeaways and Strengths: The Book on Flipping Houses is exactly that; a succinct, efficient introduction to the skills you need to succeed in house flipping. It's awesome!! Sharon Hendrickson I will even go as far to say, this is a great starter book if you're looking into doing project management in the realm of real estate construction. A flipping book for real people. I think this is a must book for the beginners of flipping houses. 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