Flipping Houses For Dummies. Ralph R. Roberts

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Flipping Houses For Dummies - Ralph R. Roberts


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the Importance of Being a Cash Buyer Tapping Your Own Resources for Cash Leveraging the Power of Other People’s Money Using Conventional Financing (for Longer-Term Real Estate Deals)

      6  Part 2: House Hunting with an Eye for Flipping Chapter 5: Scoping Out a Fertile Neighborhood Pinpointing House Flipping Hot Spots Sizing Up the Local Real Estate Market Comparing Neighborhoods Considering Other Neighborhood Factors Chapter 6: Hunting for Houses in Your Target Area Developing a List of Criteria to Guide Your Search Focusing Your Search on Affordability Digging through Property Listings, Ads, and Publications Mining Special Markets for Dontwanners Advertising to Generate More Leads Chapter 7: Closing In on Foreclosure Properties Getting Up to Speed on the Foreclosure Process Brushing Up on Local Rules and Regulations Picking Your Point of Entry into the Foreclosure Process Purchasing Foreclosure Properties, Step by Step Chapter 8: Scoping Out Properties in Special Markets Acquiring Properties in Probate Scooping Up Bargains in Bankruptcy Finding Government Owned Properties Buying Properties at Tax Sales

      7  Part 3: Evaluating Properties and Crunching Numbers Chapter 9: Researching Distressed Properties Creating a Property Dossier Checking Out the Property Following the Paper Trail Chapter 10: Inspecting the Property and Estimating Rehab Costs Packing for Your Inspection Mission Finding the Perfect Candidate for a Quick Makeover Assessing Potential Curbside Appeal Taking a Big Whiff, Inside and Out Inspecting the House for Big-Ticket Items Discovering Some Promising Features Arriving at a Ballpark Figure for Repair and Renovation Costs Chapter 11: Calculating Your Profit and Best Offer Doing the Math to Ensure a Profitable Flip Estimating a Realistic Resale Value Accounting for Expenses Chapter 12: The Art of Haggling: Negotiating a Price and Terms Planting the Seeds of Successful Negotiation Making an Offer They Can Refuse (But Will Consider) Tending to the Details: Inspections, Appraisals, and Walk-Throughs Closing the Deal

      8  Part 4: Fixing Up Your Fixer-Upper Chapter 13: Building and Managing Your Rehab Team Identifying the Expertise You Need Finding and Recruiting a General Contractor or Subcontractors Adding a Handyperson and Other General Help to Your Crew Structuring Financial Agreements Contracting with Your Contractors Managing Your Rehab and Your Team Chapter 14: Prioritizing and Planning Your Renovations Developing an Eye for Home Improvements Prioritizing Your Projects Delegating Duties Drawing Up a Tentative Budget Coming Up with a Game Plan Chapter 15: Giving Your Property a Quick Makeover Sprucing Up the Yard Freshening the Façade Touching Up the Interior Chapter 16: Perking Up the Curb Appeal Revitalizing the Landscape Tidying Up the Driveway and Walkways Making Entryways More Inviting Refreshing the Outside Shell of the House Glamming


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