Download The Complete Guide to Flipping Properties by Steve Berges PDF

By Steve Berges

Repair and turn single-family homes for fast profit––and long term prosperity

The entire consultant to Flipping houses deals confirmed, simple counsel for somebody drawn to flipping homes for speedy gains. This entire consultant to flipping can assist any actual property investor layout an in depth plan for reaching their monetary targets as speedy as attainable. Steve Berges, author of the worth play technique, indicates you step-by-step easy methods to turn houses and lock in earnings. With in-depth factors of each point of the artwork of flipping––from discovering homes and shutting the deal, to repairing homes and reselling on the top price––this publication is the final word source for amateur traders and actual property professionals alike.

The entire consultant to Flipping homes contains:

  • Time-tested innovations for flipping
  • Ten confirmed equipment for finding nice properties
  • Property valuation methods––and which one is correct for you
  • Financial research and modeling techniques
  • How to create price and maximize your profits
  • Seven steps of profitable negotiation
  • How to shut the deal
  • Foolproof go out techniques for buying rid of properties
  • How to gather a successful crew of professionals
  • Three keys to maximizing your power as a true property investor

With pointers on writing company plans, making an investment on credits or with OPM (other people’s money), and inventive financing equipment, the full consultant to Flipping homes offers any investor the instruments they should construct wealth competently and reliably.

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Extra resources for The Complete Guide to Flipping Properties

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41 ■ ■ ■ ■ ■ ■ ■ The Complete Guide to Flipping Properties ■ Debris is easy to remove. The community was ideally situated immediately off of a main road that provided terrific visibility to passersby. A brand-new post office was located directly across the street, which meant that no less than once or twice a month, everyone in town would drive by the community and see the improvements being made along with all the new construction activity. The community was located only one-half mile from a major state road that was heavily traveled and only a mile or so from a major interstate highway.

SALES AGENT: That’s terrific, Mr. Buyer! What area of town do you prefer? ■ 46 ■ ■ Ten Ways to Locate Properties ■ BUYER: I work on the north side of town, so something within 15 minutes or so would be ideal. SALES AGENT: That’s wonderful! The MLS shows there are 12 homes available in the area you prefer and 8 of them are within your price range! The sales agent will then schedule time with the buyer and the sellers to visit as many of the homes as possible. If the buyer sees something he likes, the agent writes it up and presents the offer to the seller.

By mapping out your strategy in advance, like pilots who direct aircraft across vast expanses of the earth, you will eventually reach your destination. You may run into a few storms along the way, but like the aircraft, you will ultimately reach your destination safely. Three primary components that must be considered when defining your objectives are your entry, postentry, and exit strategies. Let’s take our pilot as an example. His entry strategy would include the preparation of his flight plan, crew, and aircraft.

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