books:
•
FLIP: How to Find, Fix, and Sell Houses for Profit
Rick Villani
,
Clay Davis
McGraw-Hill
, 2006 - 394 pages
average customer review:
based on 47 reviews
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highly recommended
Ready, Set, Flip
I actually borrowed this book from the library and decided to buy it because I wanted to highlight and circle different parts for easy reference. Definitely a good buy and comes w/ great spreadsheets and checklists when looking through possible
flip
s.
Happy Flipping!
Great book!
This is the best book on the subject that I have read. Unlike other books on the same subject, this book actually s
how
s you how to do it. I highly recommend this book to anyone thinking of entering the business. It is a must have.
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Simply Wonderful!
I'm just getting started in the
FLIPping business
, but I know one thing for sure: this is one of the very best books I've ever read, on any subject. The text is extremely clear, with very specific examples, tables & charts, and even online tools. It's head and shoulders above any of the other books I've read on the subject.
I'm a retired physician, so trust me...I'm a doctor! LOL!
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A Must Have Resource!
I am reviewing this book as someone who has
flip
ped a few properties over the last several years. I have had (3) minor successes and (1) big flop, learing various lessons along the way. I found this book to be a comprehensive and enlightining read! I wish I had this book years ago (I believe I would have done much better). The authors have covered every area of the flip including the pitfalls that turn a flip into a flop! There are several things that make this book a must have resource: the detailed step-by-step construction plan (doing projects out of order can kill your margin), the book also provides a comprehensive cost analysis (including several things that most investors miss). These numbers are presented in an an easy to compute formula that, in the end, tell you exactly what to offer for the propery on the front-end of the deal. This is truly a must have book if you are interested in flipping!
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FLIPPING 101... thats about it.
Good read for a beginning real estate
flip
per.
Goes over the art of the flip from start to finish and highlights the dangers of under-estimating budgets, over estimating sales prices and projected
profit
s.
The book also exposes why all the fancy-shmancy popular tv s
hows dedicated
to flipping are not accurately portraying the costs involved involved in the "flip." for example SARA bought the house for 100,000 , put $30,000 of work into it and sold it for $160,000 leaving her a profit of $30,000 =) ... Yeah right, minus all the soft "quiet" costs and your $30,000 suddenly becomes $30.00
To the beginning real estate investor, this is a great book to start with.
To the seasoned real estate investor, you can probably just skim through it.
I guess i am in the minority according in that i did not like the writing style of the author involving the broken story line was broken up and inserted into various chapters. I found it rather unnecessary.
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