Every real estate investor - whether a novice or pro - should read this book. The book does a great job of giving a bird’s eye view … Again, fine with me as no one is an expert in everything. Between interest and other holding costs, my own cost of a vacant house is often $30-40 per day!. Clear, concise and full of useful tips. Great investment on real estate investments. It's sort of hard to get back into the zone after having to read every quote which appears at every other page of the book. He is a real house flipper and not someone that gives you his theories on the subject. Thanks. Flipping is a great way to make a good living. Let’s be real, though: It’s not as easy as it looks on TV. It gave me that last push that I needed to go from research to action, and I am grateful for all of the in-depth, no b.s. If you are even considering rehab this is a must read. The author mentions in the beginning that you will be referencing this book as you are in the process of flipping a house. By FAR, the Best Books We've Read on Ethical Flipping! If you really want to invest in a wholesale house, invest in this book first! Book Just like his other book (estimating costs). The profit margin in my area is around 20 percent. We also bought the companion book about rehab costs and were just as pleased with it as we are with this book. It gives you basic info and a few tips. Topics covered are distressed homes, foreclosures and who to work with to kick start a real estate investment business in plain and simple terms. An overall decent book that covers the subject of flipping houses in the real estate industry to a relatively fine point. Thinking of starting to flip houses. In Chapter 2, the concept of flipping properties, along with spe-cific types of flipping, is more fully discussed. By How to find great deals from motivated sellers! Absolutely a wealth of knowledge comprised here, what would cost you thousands in seminars, and other courses. Nine years later, they've built a successful business buying, rehabbing and reselling single family homes. How to get your property to the closing table as efficiently as possible so you can collect your check! This is a very prescriptive audiobook in flipping houses. Start by marking “The Book on Flipping Houses, Revised Edition: How to Buy, Rehab, and Resell Residential Properties” as Want to Read: Error rating book. Still, a very powerful step by step tool. This is an outstanding book on flipping houses. This book is written for me - a beginner real estate investor. If you are looking to flip houses, this is THE book that you need to purchase. Nothing new here if you’re a prodigious reader of property investment material, but easy to read and believable. well written, however, the quotes per every 2 pages are distracting because the font and size are changed dramatically. J Scott is a full-time real estate investor and rehabber currently living in the suburbs of Washington, DC. Almost difficult to read at times for that reason. good to learn the pitfalls of flipping and to establish best practices. A must have for anyone thinking about this business. I will even go as far to say, this is a great starter book if you're looking into doing project management in the realm of real estate construction. Very good reference on renovation and project management. Great job "J" ! They quit their corporate jobs, started a family, and decided to try something new: real estate. What types of properties you should buy, where and from whom! The book is well-organized and thorough. What I love about this book is that is just straightforward and easy to follow with actual actionable advice and a blueprint to get it done. Covers every aspect and answers all your questions. I an going to read it again and grab the best parts and use it as my guide to start this process, very good book, would recommend to anyone trying to get started but doesn't know anything about flipping! The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties eBook: Scott, Mr. J : Amazon.in: Kindle Store I learned a lot more about the process and other RE related topics. You'll be glad you did! He readily admits what works for him and what doesn't. GET IT, READ IT, DO IT! This is a topic that I have been considering for some years, but have not really known how. There are a lot of really, really good tips - especially when it comes to the timing of certain renovations. How to evaluate deals quickly and accurately! All about mechanics by a doer that don’t hold back, Solid book focus all on mechanics of house flipping, simply read chapter 8 “the flip formula” and you’ll find out this book worth 10s of thousands of dollars, J Scott literally walk me though with every single cost I will encounter on a flipping process along with pretty accurate numbers and that is INSANELY good. What is nice though is the provided "this worked" examples of what he did that works for him and also the whole processes being organized together along with sample documents, budgets, etc. How to get your properties under contract for top dollar! This no-nonsense guide gives you the insidescoop on buying, renovating, and selling property, with plenty oftime- and money-saving tips to keep you on budget and on … “Getting licensed was one of the best things we ever did for our business. If you are in the Rental business this book doesn't really cover the Buy and Rent strategies. Are you inspired to leave your nine-to-five job and start flipping houses? I sent copies to family members and recommended both books (Book on Flipping House and Estimating Rehab Cost) to friends. There will be times in your flipping process where you might lose money but I've been successful in turning those into Rental properties to make my money back and then hold for long term growth and a small monthly income on Rent. Solid but not extraordinary. I also bought the companion book called "The Book on Estimating Rehabs" and it is the perfect book to figure out how to not only estimate the scope of work but gives you great insight on what you should be paying for contractors and products. This really is THE book on flipping houses. In this book you'll discover: --How to get financing for your deals, even with no cash and poor credit! January 17th 2019 Very detailed and has actionable steps. A good guide and worthy read for investors regardless of if you’re flipping. Very helpful to the beginning or aspiring flipper. Much is common sense but it also presents ideas and concepts I hadn't considered. Chapter 20: the closing table as efficiently as possible so you can your! 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