Lawrence Dworin's guide covers a variety of topics essential to the purchase and renovation of homes for profit. Included are chapters on remodeling for profit, selecting the right house, using real-estate agents, buying a home, getting the appropriate financing, repairing structural and mechanical problems, decorating the interior, selling the house, and keeping rental property.
Homeowners can learn how to identify and economically add improvements to older homes without getting bogged down in never-ending repairs. This comprehensive guide teaches readers how to fix roofs, doors, windows, structural problems, plumbing and bathrooms for the least amount of money and the greatest reward.
Turn weekend home-improvement projects into big money! Did you know you and your spouse can sell your home every two years and pay no taxes on profits up to $500,000? It’s true! In fact, you should think of your home as an investment as much as a place to live. Simple renovations can dramatically increase the value of your home, and you can undertake most of them on your own and in your spare time. Renovate to Riches shows you how to turn your sweat into equity and your home into a moneymaker. Millions of people across America are making their do-it-yourself weekend projects pay off–and you can too. This straightforward guide will show you how to secure financing for your home, accomplish the renovations that add the most value, and get the highest price when you sell. It shows you how to design your own custom plan for creating wealth over five, ten, or even twenty years, and includes detailed case studies that help you avoid common mistakes. Renovate to Riches also includes: An explanation of complicated federal tax codes Tips on finding great homes at bargain prices Advice on financing options Which renovations add the most value Professional guidance on interior design, landscaping, and other home improvement projects Which projects you should be able to handle yourself and which will require a professional contractor How to work with contractors and keep it cheap Practical advice from the experts–real estate agents, brokers and bankers, tax advisors, contractors and carpenters, landscapers, interior and lighting designers, home inspectors, and appraisers Renovate to Riches is not a get-rich-quick scheme. It’s a practical, step-by-step guide to building long-term wealth. You don’t need the skills of a contractor or the experience of a real estate agent; all you need is a little extra time, a little extra money–and this unbeatable guide.
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.
At last a highly illustrated, practical book that renovators will love. Cherie Barber is Australia's leading renovation expert with over 21 years of profitable renovations under her belt. Renovating For Profit reveals Cherie’s secrets to success and equips you with all the tips and knowledge you need to renovate and make a profit. Including information on budgeting, time saving ideas, organisation and how to successfully use colour and space, Cherie shows you how to avoid common mistakes and make the most out of every renovation project. Cherie’s method is a proven, step-by-step approach, personally developed on over 90 renovation projects. With real-life examples and before-and-after pictures, Renovating For Profit will equip you with all the knowledge you need for renovating success!
ENTIRELY REVISED AND UPDATED! Over 40,000 first edition copies sold. How much does it really cost to renovate your investment property? Learn detailed tips, tricks, and tactics to accurately budget nearly any house flipping project and investment property renovation from expert real estate investor and fix-and-flipper J Scott. Discover the tried-and-tested steps of his professional framework and methodology for precisely evaluating renovation costs in hundreds of his own successful rehab projects. Determine how to accurately estimate all the costs you are likely to face during renovation--and get all of your rehab questions answered in a single place! Whether you are preparing to walk through your very first rehab project or you're an experienced home flipper, this handbook will be your guide to identifying renovation projects, creating a scope of work, and staying on budget to ensure a timely profit! Inside, you will learn how to: -Inspect every aspect of a property to create your renovation scope -Decide which upgrade options provide the biggest bang for your buck -Identify the 150+ most common renovations you'll likely encounter -See big problems (like mold and termites!) and quickly fix them -Assign accurate prices to every rehab task to build a detailed budget -Determine which contractors are best for certain repairs or projects -Break down the top 25 basic components of a renovation -And so much more! You don't need to be a contractor to flip houses, but you do need to know the fundamentals of budgeting and pricing your renovation--including everything from cosmetic renovations to complex installations and upgrades. This book gives you the estimation tools needed to produce the income you desire on your first--or next--investment deal!
The Only Reliable, Comprehensive Guide to Investing in Abandoned Property Make Money in Abandoned Properties provides readers with new ideas and vital techniques for every aspect of abandoned property investment, from identifying the right properties to successfully negotiating with owners. There is enormous potential in abandoned properties, and Chantal and Bill Carey explain everything you need to know to get started: * Why owners abandon properties * Finding abandoned properties with profit potential * Locating owners and qualified buyers * Writing a foolproof offer for the property * Counter-offers and negotiations * Negotiating with owners in foreclosure * Financing techniques for abandoned properties * Rehabbing abandoned properties for instant equity * Optioning abandoned properties * Finding motivated partners for your deals * Investment strategies that focus on abandoned property * Dealing with owners in bankruptcy * Closing deals and using escrow
Todays property and mortgage markets offer some of the most advantageous opportunities of any time in the recent past. This is one of the best times in history to implement a real estate investment strategy. In Big Profits from Small Properties, author Michael E. Heeney presents a step-by-step guide to creating financial independence, developing a lifetime income, and building personal net worth through real estate investing. Drawing on Heeneys personal experience, this down-to-earth guide provides practical advice and specific strategies for investing in real estate. Heeney shows how anyone can build a steady, guaranteed income in real estate with a small amount of capital to realize substantial profit and shares information about how you can create investment objectives and goals; realize what type of income property works best; negotiate for good prices and terms; finance property buys a dozen different ways; make improvements that provide for extraordinary returns; buy, upgrade, and operate apartments; handle tenants; buy a single-family home; implement money-saving tax strategies; grow and protect an estate while avoiding the dangers of over expansion; realize the keys to finding the right properties and motivated sellers; and assemble a portfolio of excellent income producers. Using the steps outlined in Big Profits from Small Properties, you can build a lifetime of income and wealth. Start succeeding today!
The ultimate how-to guide to fixing-and-flipping properties Judging from the number of reality TV shows devoted to home renovation, it's easy to think that fixing-and-flipping is a sure-fire, straightforward way to make money, fast. But there's a lot more to the real estate business than a little hard work and some basic DIY skills. Just like every other business venture, to be successful you need to understand the potential pitfalls as well as the possible profits before diving in, and Fix and Flip: The Canadian How-To Guide for Buying, Renovating and Selling Property for Fast Profit is designed to help you do just that. Putting everything you need to know about how the business of fix-and-flips work right at your fingertips, authors Mark Loeffler and Ian Szabo are the perfect pair for the job, bringing you both the financing and contracting expertise that has made their own renovation business a huge success. Offering step-by-step guidance on exactly how to effectively renovate and sell, Loeffler and Szabo walk you through the skills you need to get started, how to identify properties with potential, saving money on materials, preparing to sell, and much, much more. Packed with expert advice on both the financing and contracting aspects of fixing-and-flipping properties Filled with checklists and practical techniques to help you get to work right away Explains the pitfalls to avoid and the profits to be made in the fix-and-flip business Packed with invaluable tips, handy checklists, and time- and cost-saving techniques to help you make the most money you can from distressed properties, this is the only book you need to start fixing-and-flipping like a pro.
Fix and flip single-family houses for quick profit--and long-term prosperity The Complete Guide to Flipping Properties offers proven, straightforward guidance for anyone interested in flipping properties for quick profits. This comprehensive guide to flipping will help any real estate investor design a detailed plan for achieving their financial goals as quickly as possible. Steve Berges, creator of the value play strategy, shows you step by step how to flip properties and lock in profits. With in-depth explanations of every aspect of the art of flipping--from finding properties and closing the deal, to repairing houses and reselling at the best price--this book is the ultimate resource for novice investors and real estate pros alike. The Complete Guide to Flipping Properties includes: * Time-tested strategies for flipping * Ten proven methods for locating great properties * Property valuation methods--and which one is right for you * Financial analysis and modeling techniques * How to create value and maximize your profits * Seven steps of successful negotiation * How to close the deal * Foolproof exit strategies for getting rid of properties * How to assemble a winning team of professionals * Three keys to maximizing your potential as a real estate investor With tips on writing business plans, investing on credit or with OPM (other people's money), and creative financing methods, The Complete Guide to Flipping Properties gives any investor the tools they need to build wealth safely and reliably.
