Description
Book SynopsisFLIP, the third book in the National Bestselling Millionaire Real Estate Series (More than 500,000 copies sold!)
FLIP provides a detailed, step-by-step process to analyze each investment, identify the best improvements, accurately estimate the costs and intelligently oversee the construction. It takes out all the guess work and almost all of the risk.
Here's what industry experts are saying about FLIP:
"Read this book before you flip that house! FLIP is an indispensable step-by-step guide to flipping houses that you will refer to again and again."-Carlos Ortiz, Executive Producer, "FLIP That House" (TLC's most popular real estate TV show)
"At HomeVestors, we're in the business of buying and selling homes for profit and I can attest that there are few, if any, who can rival Rick's and Clay's expertise when it comes to fixing up houses for profit. This book is a must-read for any investor."-Dr. John Hayes, President and CEO
Table of Contents
INTRODUCTION
OVERVIEW
Narrative: The Millionaire Real Estate Investors Club, Part I
Stage One—FIND: How to Find Houses with Investment Potential
1. DEFINE YOUR TARGET
2. GENERATE LEADS Chapter 2
3. QUALIFY LEADS Chapter 3
Narrative: The Millionaire Real Estate Investors Club, Part II
Stage Two—ANALYZE: How to Make an Offer That Rewards You for Your Risk
4. IDENTIFY IMPROVEMENTS
5. DETERMINE SELLING PRICE Chapter 5
6. ESTIMATE IMPROVEMENT COSTS Chapter 6 Chapter 6
7. ACCOUNT FOR QUIET COSTS Chapter 7 Chapter 7
8. SET MINIMUM PROFIT Chapter 8
Narrative: The Millionaire Real Estate Investors Club, Part III
Stage Three—BUY: How to Finance, Make an Offer, and Close on an Investment House
9. ARRANGE FINANCING Chapter 9
10. PRESENT THE OFFER
11. CLOSE THE PURCHASE Chapter 11 Chapter 11 Chapter 11
Narrative: The Millionaire Real Estate Investors Club, Part IV
Stage Four—FIX: How to Plan and Manage the Construction Process
12. PLAN THE WORK Chapter 12 Chapter 12
13. ASSIGN THE WORK Chapter 13
14. WORK THE PLAN Chapter 14
Narrative: The Millionaire Real Estate Investors Club, Part V
Stage Five—SELL: How to Prepare and Market an Investment House for Sale
15. PREPARE TO SELL
16. MAKE THE SALE Chapter 16
Narrative: The Millionaire Real Estate Investors Club, Part VI
17. PUTTING IT ALL TOGETHER Chapter 17
Appendix
Glossary
Index
