How to Make a Million Dollars a Year Flipping Houses

How to Make a Million Dollars a Year Flipping Houses
Author: Jerry Norton
Publisher: eBookIt.com
Total Pages: 93
Release: 2014-12-03
Genre: Business & Economics
ISBN: 1456623478

If done correctly and with the right system, flipping houses should be a million dollar a year business. After doing hundreds of deals, the nation's most highly sought after expert reveals his exact system to find, analyze, renovate and sell houses earning $25,000 (or more) per deal. From construction worker to millionaire, Jerry not only shows you his comprehensive, step-by step system to flip 40 deals (or more) per year in any market, regardless of expertise or experience, you will also learn how to: -Set up follow a step-by-step systematic approach to each aspect of the business -Beat the competition to the best deals -Consistently find deals each and every month -Accurately estimate repair costs on any deal in 15 minutes or less -Identify the ideal property and area to flip houses -Sell your properties in 30 days or less -Renovate a home with no delays even if you have no experience -Select the exact materials and the design to attract the ideal buyer -Organize and maintain a budget -Effectively find and manage the best subcontractors to do all the work -Determine the precise after-repair value (ARV) of any deal -Find unlimited sources of other people's money (OPM) to fund your deals -Put the system and team in place to leverage your time (remove yourself from the model) Finally a practical, easy to follow approach to flipping houses. With dozens of examples and case studies, you finally have the blueprint to make a million dollars a year flipping houses...

Flipping Houses For Dummies

Flipping Houses For Dummies
Author: Ralph R. Roberts
Publisher: John Wiley & Sons
Total Pages: 386
Release: 2011-03-01
Genre: Business & Economics
ISBN: 1118051343

This guide provides an overview of the many components of the popular practice of flipping properties. Coverage spans the flipping process from start to finish—finding, buying, fixing up, and selling—and the variables needed to make all of those steps successful and profitable. Also included is coverage on negotiating, property inspections, mortgages, taxes, and working with contractors, brokers, and real estate agents. The book is perfect for responsible investors who want to flip houses the right way and steer clear of legal gray areas that get some investors into trouble.

Build a Rental Property Empire

Build a Rental Property Empire
Author: Mark Ferguson
Publisher: Createspace Independent Publishing Platform
Total Pages: 0
Release: 2016-03
Genre: Building management
ISBN: 9781530663941

"I finally got a chance to purchase and read your book (Build a Rental Property Empire). It was easy to read and practical and pragmatic - and I liked it enough to give a copy to my son who is just starting out with his real estate investing and also to two of my investor clients as closing gifts."-SharonLearn the best way to invest in rental properties in this 300 plus page book written by real estate investor Mark Ferguson (owns more than 100,000 sqft of rentals). This book gives you the exact details on how to finance, find, analyze, manage, and even sell rental properties. Where other books lack the details on how to actually make money in real estate, this book is all about the details. It is written by someone who has been investing in real estate for over 15 years and is still investing today. If you are having trouble figuring out how to find the right properties, how to finance them, where to buy properties, or how to buy with little cash, this books tells you how to overcome those obstacles. If you can't find your answer in the book, Mark even gives away his email address where you can ask him directly. Mark is a successful rental property owner, fix and flipper and real estate broker. Mark has sold over 1,000 houses as a broker, flipped over 155 houses, and owns his own office Blue Steel Real Estate. Mark bought his first rental property on his own in December 2010 and now has 19 rentals (commercial and residential). He has fix and flipped houses since 2001 and been a real estate agent since 2001 as well. Over the years, he has learned the best way to find rentals, get great deals, manage properties, finance properties, find great markets and build wealth with rentals. In this book, Mark gives you all the information you need to be a successful rental property investor. Mark also started Investfourmore.com, a real estate blog with over 35,000 subscribers and millions of visitors. He is known for his straight to the point writing that is easy to understand and full of insight. This book is not full of theories and made up stories. It contains real-world case studies and information on investing from an investor actively investing in today's market (2017). Here are just a few of the topics covered: · Why rental properties will help you retire faster than other investments· The risks of investing in rentals· How to determine what a good rental property is· How to determine what type of rental to buy· How to get a great deal on properties· How to finance rentals, even if you have more than 4 or more than 10· How to invest in rentals with less cash· How to repair and maintain properties· How to manage rentals or find a property manager· What are the best exit strategies· How to buy rental properties when your market is too expensiveThis book has been revised a number of times to reflect current market conditions and changes in Mark's strategy.

How a 17-Year-Old Can Do House Flipping Without Losing Money

How a 17-Year-Old Can Do House Flipping Without Losing Money
Author: Lou Vachon
Publisher:
Total Pages: 168
Release: 2020-09-21
Genre:
ISBN:

This Teenager Made 12 Million Pounds from Real Estate by the Age of 19. Here's How: Have you ever heard of Akshay Ruparelia? The 19-year-old from Barnet, UK, sold his first property before the age of 18, and by 19, he'd become the owner of a company that generated 12 million pounds in revenue over the course of one year. Yes, a teenager did that! And if he can bask in glory and millions of 50-pound banknotes, so can you. The key is to find the real estate investment strategy that yields the highest returns. Currently, that strategy is flipping. House flipping contributes to faster returns on investment and is a much lower risk than striving for an alternative like rental income, for example. In order to keep your house flip from becoming a flop, however, you need a proven methodology and a step-by-step masterplan for launching a successful business in your teenage years. Without the proper guidance, inexperienced flippers risk committing one of many mistakes that are bound to cost money, time, and profits. Over-improving a property, having no idea about what local buyers are interested in, ignoring zoning, and trying to accomplish everything on your own are some of the biggest issues that will make you fall flat, even if you have all the capital in the world to begin in. So, what's the secret to successful house flipping that even a teenager can master? It's very, very simple - you need to understand where maximum profit and minimum risk hide. In How a 17-Year-Old Can Do House Flipping Without Losing Money, you will discover: What it takes to generate a profit of over $60,000 per property (and that's just the average for the US!) 6 bulletproof steps to follow when flipping a property for the first time How to become a successful flipper with $10,000 or less as initial capital How to sharpen your hunches and know for sure where the best flipping properties are located Renovation tips to spruce up the house without throwing money out the window Stuff you can do on your own, and processes you need to hire professionals for (which will actually save you money) Legal and financial considerations - boring for your young mind but quite essential for successful business establishment And much more! It's never too early to start thinking about your financial future. Setting up a successful business in your teen years and enjoying consistent stability from that point forward isn't as far-fetched as you may think. You don't need a millionaire dad or an Ivy League business school degree to accomplish just that. Flipping houses for profit is growing in popularity for a very simple reason - many who take up such a project excel at it and scale up their efforts in the near future. It may all seem unbelievable... until you flip your very first house. Once you get there, however, you'll develop an appetite for the market that will propel you forward. Become a confident teen entrepreneur and earn thousands by taking on a challenge and a little bit of risk. Every big dream starts with a single step--to make the right one, scroll up and click the "Add to Cart" button now!

The Flip Method

The Flip Method
Author: Damon Oubre
Publisher:
Total Pages: 66
Release: 2020-10-18
Genre:
ISBN: 9781977235312

Having grown up in a small town of five to six thousand residents, I totally appreciate life's simplicities. This work was created to simplify what most people would complicate: a house renovation with the goal of flipping. To be honest, real estate is a very complicated field with multiple sub-industries that do not necessarily correlate. Yet the home renovation and house flipping industry has, in recent times, gotten the general population excited about real estate investing. I like to call it the rebranding of an industry. House flipping has a silver lining so rarely mentioned that many active flippers do not fully understand the advantages until putting in several years of work. This is because the benefits of flipping are almost always seen as huge profit margins. Big profits are absolutely obtainable, but they are actually not the best benefit nor reason to start a house flipping business. The key to expanding any business is leverage. Flipping homes consistently helps you gain experience. That experience can then be used as a bargaining tool with lending institutions to allow you to leverage, or get financing, for larger and larger sums of money. Going into house flipping to make vast profits is not a strategy that fits the business model of 2020 and beyond. While liquidity (cash on hand) expedites one's ability to acquire properties, the access to leverage allows one to buy larger, more valuable and usually more profitable assets. For example, if you could put up $100,000 of your cash and gain control of $1 million worth of properties to renovate, you could end up with a much bigger check to deposit. The goal of any business is to first understand its industry and then use that knowledge to create a system of processes. If the blood of a business is money, the heart of a business is its systems. One cannot function properly without the other. In the following pages, I will teach you a method for flipping houses that will simplify the way you think about this industry. I will also teach you system design techniques that will place you years ahead of most of your competition. This short book is designed to obliterate your fears and misconceptions of the house-flipping process. It is also a blueprint for checks and balances that you can even use to flip remotely. Thank you for allowing me to share this information with you. This guide is the first of many to come.

Fixing and Flipping Real Estate

Fixing and Flipping Real Estate
Author: Marty Boardman
Publisher: Apress
Total Pages: 218
Release: 2014-03-01
Genre: Business & Economics
ISBN: 1430246456

Let’s face it—fixing and flipping houses is sexy. Who doesn’t love the idea of buying a rundown, mold-infested shack and transforming it into someone’s dream home for massive profits? Reality TV shows make it look so easy. A little paint here, some new kitchen cabinets there, and presto! The house is sold for big bucks and everyone lives happily ever after. If only it were that simple. Fixing and flipping houses is a business. In order for a business to survive, prosper, and grow, systems must be put in place. Fixing and Flipping Real Estate: Strategies for the Post-Boom Era is a book that breaks down the four essential components of a fix-and-flip business, giving you the building blocks to efficiently buy and sell 1 to 20 properties a month in today’s post-boom era housing market. You’ll learn about each of the boxes: Acquisition—How to find and buy a profitable real estate deal. Rehabbing—How to systematically remodel a house and how not to underimprove, or overimprove, your property. Sales—How to sell your flip for the highest possible price in the shortest possible time. Raising Capital—How to get the capital you need to grow your business, including using other people’s money, for your real estate deals without getting sued or going to jail. In the post-real estate boom era, fixing and flipping is again a solid business--especially in the “sand” states—Arizona, California, Nevada, Texas, and Florida, among others. It’s also a good bet in states as diverse as North Carolina and Washington State. And with the real estate market projected to bottom out nationally in 2012 (this time for real), there are plenty of houses to be renovated and plenty of money to be made by the enterprising in all fifty states. This book shows real estate investors everything they need to know to get started fixing and reselling houses either as a substantial sideline or a full-on business.

Flipping Properties

Flipping Properties
Author: William Bronchick
Publisher: Dearborn Trade Publishing
Total Pages: 228
Release: 2001
Genre: Business & Economics
ISBN: 9780793144914

Real estate has probably made more millionaires than any other financial vehicle. Flipping Properties highlights one method of investing in real estate, "flipping," which is a great way to begin building wealth with real estate. Flipping is growing so popular, in fact, that in Broomfield, CO (a suburb of Denver), 40 percent of newly built homes were sold to investors who intended to "flip" the properties. This practice is continuing to grow in cities across the country. Flipping Properties teaches beginners how to reap the financial and personal rewards of a full or part-time venture in real estate investing, including cash flow, security, and long-term wealth.

Wake Up and Smell the Real Estate

Wake Up and Smell the Real Estate
Author: Tom McKay
Publisher: Independently Published
Total Pages: 200
Release: 2020
Genre:
ISBN: 9781796661316

Tom began building his real estate fortune with the purchase of his first property at age 19. Despite having no credit or money of his own, a deal presented itself and Tom was able to see the incredible potential profits in real estate. This was his wake-up call.He realized deals are born every day in nearly every city, big or small. The circumstances that create opportunities for buyers are not unique, but rather commonplace. Deals arise from divorce, disasters, death, bankruptcy, bad decisions, inheritances, and retirement. These are the roots of all deals and they happen everywhere in the world. Tom was lucky to learn at an early age that real estate investing is a business where everyone is equal, rich or poor. The person who has the deal in his hands-the contract-is the person who will make the money. Today, Tom owns and manages over 150,000 square feet of property rentals, houses, commercial centers, offices, industrial and flex properties. In this book, you will learn Tom's methods and see links to the top videos on his YouTube channel, FlipAnythingUSA, where he elaborates on exactly how to make money as a real estate investor.You will also learn how Tom developed tools to find the best deals in any community and how to out-negotiate the competition. This knowledge comes from years of experience and hundreds of wins and losses. All of Tom's lessons are explained here in a very conversational and easy-to-understand manner. This is your chance to learn from a friend. The book is based on real stories: the opportunities, decisions, success and-yes, even failures-that have made Tom McKay one of the shrewdest and savviest investors in the country.Tom takes you from the beginning, where he started out with nothing, looking for a deal first and the money second. Because as Tom would explain, when you have the deal you hold all the cards. Even if you are broke, as long as you have a contract to buy a property at a great price, the rest is simple. Getting a deal on what someone has and what someone wants is where the easiest money is found.If you adopt Tom's method and attitude, you can follow in his footsteps, making millions on land, commercial and industrial buildings, apartments and houses.Regardless of whether you are a teenager, a senior citizen, or anywhere in between, it's not too late to change your life. You can make thousands-sometimes even tens or hundreds of thousands of dollars. Tom knows age and income are not a factor with his methods. Taking action is what is important. So, now is the time to wake up and smell the real estate! You'll be glad you did.

Real Estate Investing - Flipping Houses

Real Estate Investing - Flipping Houses
Author: James Connor
Publisher: Personal Finance
Total Pages: 174
Release: 2019-10-05
Genre:
ISBN: 9781951652128

If you want to discover the shortcuts to making huge profits by flipping houses to become financially independent and live your dream life, then keep reading ... Do you know what the quickest and most efficient way to make profits out of real estate investment is? In 2017, 200,000 homes were bought and sold in the US within a twelve-month period. That's 6% of all the single-family homes and condos sold during the whole of the year. Do you know why? It's because these houses were flipped. Imagine buying a house, then quickly renovating it, before selling it four weeks later at a profit A good house flipper can turn a month of work and investment into a year's worth of profits, all because they understand the secrets to successful real estate investment, and how to rehab and resell a home. The average profit margin for a flipped home in 2018 was $29,342. That's the average for the whole of the United States. If you know where the most profitable house flipping locations are, then you can easily reap 6-figure profits. A skilled house flipper knows more than just where to invest, but also when to invest. Too many people think that they only need to learn the 70% rule and then they'll become a house flipping tycoon and be rich in no time. But a skilled house flipper understands that calculating risk correctly, based on numerous considerations, is the secret to becoming a house flipping success instead of a flipping flop. These skills can be learned, as long as you have a willingness to put in the time and effort required. Mindset and work ethic go a lot further in real estate investment than fancy degrees or even a huge bank balance. You just need to start learning, and then you'll start house flipping in no time. In this book, "Real Estate Investing - Flipping Houses", you will discover: The 8 key ways to secure financing The most important consideration when choosing the right real estate farm area How to choose who to buy from and why The 10 places you need to go to locate the very best real estate deals The secret formulas for profitable home flipping How to become a killer negotiator, who always makes the best deals The 7 questions you must ask before hiring a contractor The techniques to becoming a ruthless closer How to apply for the most beneficial license every house flipper needs to have And much, much more. House flipping sounds so easy and so profitable to do, that it's too good to be true. It is this kind of thinking that makes people sit on their sofas, thinking about what could be, rather than discovering the proven methods to house flipping, that has turned millions of former nobodies into millionaires. Even if you've never heard of house flipping before, you can invest in real estate and make quick, effective profits. You just need to discover the secrets to a successful house flipping operation. If you want to discover how to flip homes and reap huge, quick profits, then you need this book today

How to Make a Million Dollars a Year in Real Estate with No Money

How to Make a Million Dollars a Year in Real Estate with No Money
Author: Robert Domico
Publisher: Xlibris Corporation
Total Pages: 172
Release: 2009-08-10
Genre: Business & Economics
ISBN: 1441575790

Domico writes about all the tricks of the trade, cunning techniques and borderline legal methods of putting real estate deals together from scratch with no money. He will explain to you, the reader, how to purchase a 2 to 5 million dollar piece of real estate, syndicate it and own it yourself in 5 years all with no money of your own. The Master of Mirrors will show you step by step how to use other people’s credibility to purchase these large pieces of real estate and receive all the benefits yourself.