Clear, concise and full of useful tips. Detailed, straightforward guide to rehabbing houses. Check out this great listen on Audible.ca. On most deals that will cost me about 120 dollars per month. yes sure i will..because Flipping houses is the act of buying a house then reselling it for a profit.it also contains many information. So it is awesome to see this book with 300+ pages walking through the entire process from start to finish in detail. I have done a few flips over the years, and have many buy and holds. J Scott gives you everything in this book you'll need for a real foundation to your business. This no-fluff book contains detailed, step-by-step training perfect for both the complete newbie or seasoned pro looking to build a killer house-flipping business. Chapter 7: How Will You Find Deals? For a long time, I would search something like "top real estate investing books" and munch through everything on the list. When you will find things different in your market versus his. “Getting licensed was one of the best things we ever did for our business. Publisher's Summary. of you have most likely purchased single-family houses at one time or another and have at least a minimal degree of rental prop-erty experience. These tend to be stuffed with fluff and braggadocio. Encontre diversos livros escritos por Scott, MR J., Turner, MR Brandon, Dorkin, MR Josh … Discover the Secrets To Flipping Houses Without Using Your Own Money. Needless to say it you want a beginners guide to the process of investing in RE, it’s a good place to start before you dive into the bidding war that is fixer uppers. Worth re-read and check out some chapters again when needed. I'm a husband and father of two that doesn't care so much about being filthy rich, but does care a great deal about being able to use investing to provide a good life for my family and be able to pass something solid on to my children. Book Summary: The title of this book is The Book on Flipping Houses and it was written by Mr. J Scott, Mr. Brandon Turner (Editor), Mrs. Carol Scott (Editor). We encourage you invest in your comfort zone and take on bigger, riskier projects with higher profit … There is good info in here but most if it i already knew from doing endless research on the net from videos to forums. This particular edition is in a Paperback format. I think J. Scott is a straight shooter and very open about what he does and how he does it. You're going to love* this revised edition... Not only is it updated to reflect the ever-changing nature of housing markets, but it's filled with even more of J. Scott's practical brilliance! Let us know what’s wrong with this preview of, Published He readily admits what works for him and what doesn't. Very good reference on renovation and project management. --How to evaluate a potential market or "farm" area! Not having to deal with Tenants and maintenance is worth the price to me. Vendor J Scott Regular price from $16.99 Sale price from $16.99 Regular price. 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. How to make competitive offers and complete your due dili-gence efficiently and effectively! This really is THE book on flipping houses. Are you inspired to leave your nine-to-five job and start flipping houses? And you'll have a real business instead of another job. It covers the process of finding, buying, rehabbing, and selling or renting residential real estate in the most comprehensive format I've ever seen. The Book On Flipping Houses - This books teaches your the Basics about Finding Deals, Analyzing Deals and Managing Rehab Projects. Btw you should go check 123flip.com it’s J Scott’s official website he shared a lot of his own deals. By But...I have to admit, I have learned quite a few things with this book! I cannot put this book down! In The Book on Flipping Houses, expert real estate fix-and-flipper J Scott details a step-by-step plan to succeed in your first--or next--house flip. Chapter 5: What Should You Buy? Keep in mind this does not have all the answers, and a real-life project will almost always deviate from the outline that J lays out. This books publish date is Mar 22, 2013 and it has a suggested retail price of $24.99. some stuff I didn't agree with, such as the fees loan officers charge. I would strongly encourage people to buy the updated version, NOT the first edition. There are a lot of really, really good tips - especially when it comes to the timing of certain renovations. The author doesn't know how that whole calculation works and clearly favors the use of a realtor - despite fact that realtor commissions are 3 times that of loan officers. Good luck! Just like his other book (estimating costs), it's incredibly well written and laid out. Detailed. Scott keeps the pace brisk and covers bridge loans and other financing tips, finding deals, renovation , evaluating scope of wo r k , and most of all, accurately … The book is well-organized and thorough. Topics covered are distressed homes, foreclosures and who to work with to kick start a real estate investment business in plain and simple terms. The best book I have read on that issue is Buy it, Rent it, Profit by Bryan M. Chavis. Invest a few bucks and a few hours. We're thinking about flipping houses and he feels this book is a great start. The Book on Flipping Houses is written by active real estate fix-and-flipper J Scott, author of the popular real estate website 123Flip.com, and is published by BiggerPockets Publishing, the publishing arm of the premier real estate investing website BiggerPockets.com. Great investment on real estate investments. A true blueprint on what to do, when to do it, and how it should be done in the area of rehabbing houses. This is THE book on Flipping Houses. Learn House Flipping for Beginners: Includes Three Real Estate Investing Books: How to Flip Your First House, Probate Real Estate Investing, How to Estimate Repair Costs on a Rehab by Jeff Leighton and Mike Norgaard Otherwise. Last Stop Shopping for books on House Flipping. But goodness GRACIOUS could he not have hired an editor!?!? 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. I would say without a doubt- the most important book to read if entering the wholesale house business. Solid read. Here’s a couple of good books to learn about flipping houses: 1. Story 5 out of 5 stars. I highly recommend this book for someone interested in flipping to get the entire picture from start to finish! Book has a lot of good information. J. Scott gives all of these details and more. Can be read in one sitting, then used later for reference and refresher. it is a good read and full of helpful information. Still, a very powerful step by step tool. It's a cliche, but when you flip houses, it's painfully obvious how true it is. It was an awesome book and told you literally step by step how to do a flip from beginning to end! on Mar 06, 2019. Click on this books subject categories to see related titles: Business & Money I enjoyed it and will keep it in my library. Absolutely the best step by step book for learning to rehab. The author wrote it and then it was simply published. I have just about every book on Amazon regarding the subject and this one really has the best information. 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. The author - J Scott - is easily accessible in the forums at BiggerPockets.com, making him one of the most knowledgeable and accessible experts in this business. You can tell J is a tell-it-straight kind of guy- he doesn't dress anything up with frills or in-your-face salesmanship, he's effective, honest, and this book is probably one of the best things new investors can read. Between interest and other holding costs, my own cost of a vacant house is often $30-40 per day!. 1) Buy this book, and the rehab estimator book. Then in Chapter 3 1 10537_Berges_c01_f.qxd 9/22/03 10:09 AM Page 1 It's neat to see it laid out step-by-step. As well, the author provides some EXCELLENT ideas on staging. The Book on Flipping Houses by J. Scott J Scott makes his money off real estate, which is evident by the amount of information that he shares for FREE on his blog [...] As great as J's blog is, it is a little difficult to connect all of the dots needed to go from start to finish with rehabbing. Highly recommended! In face, we bought two copies so we could both read them at once. This is a topic that I have been considering for some years, but have not really known how. Are you inspired to leave your 9-to-5 job and start flipping houses? information. well written, however, the quotes per every 2 pages are distracting because the font and size are changed dramatically. Anyone who is interested in building their knowledge of real estate investments. Described each and every step of the process thoroughly and gave good examples of his strategies and past successes/failures. An overall decent book that covers the subject of flipping houses in the real estate industry to a relatively fine point. J. Scott doesn't just give us a fish, but teaches us to fish for ourselves in this book. Refresh and try again. If you are considering flipping, or just want to understand the process, he explains everything. 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 … I'm currently reading J Scott's other book "The Book on Estimating Rehab Costs", it is a good read and full of helpful information. I am rehabbing my first house and using this guide along with the accompanying book "The book estimating rehab cost" to setup my business and guide me through the processes. Chapter 6: Who Should You Buy From? Three from now on is going to become the norm for “average reads”. A must have for anyone thinking about this business. This is a good look at being thorough and successful in flipping houses. No fluff, no pomp, just solid info and advice. Really cool book that talks you through flipping houses. Should help me to start a new career at 55. It is a great book for newbies as the writing is simple and clear. We are trying to flip house for the first time & this book is very informative & helpful. Let’s be real, though: It’s not as easy as it looks on TV. There is some good info that I didn't know. 3) Find a mentor - alone you are lost, or this machine of so many moving parts will crush you. A MUST READ for anyone interested in real estate investing. Buying, rehabbing, and selling a house sounds like a lot of work. The 4.2 stars rated book in Amazon is a collection of wisdom that gives you the seven most fundamental steps in house flipping business. In The Book on Flipping Houses, expert real estate fix-and-flipper J Scott details a step-by-step plan to succeed in your first—or next—house flip. In this book you'll discover: --How to get financing for your deals, even with no cash and poor credit! This book is to be used as a reference. One thing I did with my rentals that the books don't suggest is have a Management Company handle the entire process of my Rentals. If you follow what he prescribes, you'll be way past most of the flippers you compete against. Most books have too much fluff and discuss high level concepts, but this gets into the nitty gritty. J Scott, The Book on Flipping Houses Time is money. Format: BOOK. Solid but not extraordinary. - Entrepreneur Magazine I have a library of real estate books and this is the book I constantly go back to and re-read when I feel like I've lost my way. Covers every aspect and answers all your questions. J Scott is a full-time real estate investor and rehabber currently living in the suburbs of Washington, DC. Flipping & Buying Houses: The Ultimate Step by Step Guide. Literally a roadmap for new investors who don't know where to start. Now with this new book, Flipping Houses: The Number One Investment Guide for Buying and Reselling Residential Properties, you will find detailed knowledge from an industry expert that will help you: Understand the beginner’s steps you should take; How to start a house flipping business; Having a good business plan; 7 top tips for flipping … You'll be glad you did! Almost difficult to read at times for that reason. If you are in the Rental business this book doesn't really cover the Buy and Rent strategies. Very helpful to the beginning or aspiring flipper. And although impressive, it didn't do that. How to evaluate a potential market or “farm” area! In The Book on Flipping Houses, expert real estate fix-and-flipper J Scott details a step-by-step plan to succeed in your first—or next—house flip. If none of the above reasons why flipping houses is a bad idea has scared you off and you’re looking for more in-depth information, a great book I read when first starting out is called “Flip: How to Find, Fix, and Sell a House for Profit” by Rick Villani and Clay Davis. I have really enjoyed this book. Three tips: Each book provides a comprehensive look into flipping houses while providing a unique spin on the topic. This book is great. Flipping real estate has become very popular due in part to many tv shows about flipping houses. In The Book on Flipping Houses, expert real estate fix-and-flipper J Scott details a step-by-step plan to succeed in your first―or next―house flip. I found the content about the order to do which tasks enlightening. 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. And a shameless plug- if you haven't been to biggerpockets.com, go there! The book on flipping houses: how to buy, rehab, and resell residential properties / J. Scott. It can be the difference in losing money and making a little off of a bad deal. 2) Join you local REIA - and network, network, and network. By this book, read this book, and do what it says. The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties by J. Scott If you peruse the real estate section of a good bookstore, you’ll see a lot of top celebrity real estate barons boasting of their prolific success flipping houses. They handle marketing, Contracts, Tenants and maintenance for 10% of the rental price. I’m giving this book 3 stars because I’m unsure what constitutes a 4-5 star rating now. The Book on Tax Strategies for the Savvy Real Estate Investor. J Scott has flipped hundreds of houses successfully and lays out the blueprint of how to do well. Thanks J and Bigger Pockets! Clearly the author is very experienced with flipping. In The Everything Guide to Flipping Houses, successful house flipper Melanie Williamson walks you through the opportunities, the risks, the work involved, and the potential for real profits in flipping real estate. If you are thinking of getting started flipping houses, just buy this book. This is the by far one of the best books I have ever purchased. 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. Obviously, nothing will ever replace actually flipping a house but this does a good job of laying out the process to be successful. For any would-be investors out there, BUY, READ, and PUT INTO PRACTICE the advice in these books! Good book that covers the process from start to finish very well. Get ready for some out-of-this-world reading and some insane near-realities with the science fiction and fantasy books that are catching the... To see what your friends thought of this book, The Book on Flipping Houses, Revised Edition: How to Buy, Rehab, and Resell Residential Properties. That's not what attracts me and I suspect it does very little to attract solid investors into the business. Actually, this book has probably already saved me many thousands of dollars in mistakes, and I'm glad I bought it. Vendor Amanda Han & Matt … What types of properties you should buy, where and from whom! A flipping book for real people. Can't wait to put it to use. How to find great deals from motivated sellers! Stuffed with practical advice. Just like his other book (estimating costs). Given our experiences, I couldn’t imagine being a full-time real estate investor and not having someone in our business who had their license.”, “The Book on Tax Strategies for the Savvy Real Estate Investor.”, The Book on Flipping Houses, Revised Edition, 45 of the Most Anticipated Sci-Fi and Fantasy Novels of 2021. But it covers a lot of content. In Chapter 2, the concept of flipping properties, along with spe-cific types of flipping, is more fully discussed. Most people that write books or teach real estate make their money off writing books or teaching. We were tired of the ra ra overview books that get you all excited about the possibilities of real estate investing, but gave few details on the process, order of operations, potential problems, etc. “How To Flip A House” is a book that offers you just the ideal information to enable you to succeed in flipping houses. Performance 5 out of 5 stars. The author mentions in the beginning that you will be referencing this book as you are in the process of flipping a house. Hurry, Grab it While It's Still FREE (Limited Time) You Information is 100% Secure And No Credit Card is Required "If you are interested in building wealth through real estate, understand that it can be done." A lot of the book is really about just general real estate buying and selling, overlaid with specifics to flipping. Your books have helped my husband and I make a detailed plan, get our team in place, and finally feel ready to make the leap into flipping. Overall 5 out of 5 stars. Probably the most useful real estate book I have read. Awesome book. Love love love it!!!! You need a step-by-step guide to evaluate property, avoid rookie mistakes, and build a profitable, successful business. The Book on Flipping Houses How to Buy, Rehab, and Resell Residential Properties (Unknown) : Scott, J. : Are you ready to leave the 9-5 and get started flipping houses? (Real estate investor), ( author. I really appreciate Josh putting it together. Title: The Book On Flipping Houses. Flipping Houses for Dummies (Book) : Roberts, Ralph R. : This book is designed for realty investors who want to profit from buying below market, making cosmetic improvements to add value, and then quickly reselling. I suspect people that are attracted to the flashy books fail at a precipitous rate in the business. By FAR, the Best Books We've Read on Ethical Flipping! January 17th 2019 Just a moment while we sign you in to your Goodreads account. The book is pretty thin. I can't imagine a possible way that a book on flipping houses has a faster pace and more detailed and in-depth information on this topic. However, this book, along with the companion book 'The Book on Estimating Rehab Costs,' I felt more than deserved my time for a review and excellent rating. Very detailed and has actionable steps. Flipping is a great way to make a good living. It covers everything in a realistic fashion. When you should apply certian principles and when you shouldn't. This is the first review I have ever written, as no matter how much I have liked things in the past I just don't typically feel compelled to write reviews (even though I always read the verified purchase ones before I buy something). Will likely dabble some day but learning as much as I can until that day comes. Will keep you posted if it works or not. Flipping Houses Exposed 34 weeks in the life of a successful house flipper. 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. Thanks, J! It will pay for itself before you are finished reading it. The Book on Tax Strategies for the Savvy Real Estate Investor. We’d love your help. Not just general ideas or hype, but actual, real information. overall, an excellent read. Love biggerpockets.com too!! The book on flipping houses : how to buy, rehab, and resell residential properties / J. Scott. Thank you for putting out such a quality piece of work. Scott, J. Entirely revised and updated! I love how simple he explains things, I am in the process of doing my first house flip ever and I don't want my book to end lol but I need to finish it because I need to know everything there is to know! The book was very detailed and helpful in other areas, however, such as locating deals, financing, and working with contractors in particular. I'm brand new, and am trying to gain the confidence to just "jump in", and this book is filling in all the blanks. Catalogue Number: 9781947200104. So, anything that can shave time off of a sale is valuable. > Real Estate Read and learn this book to learn how to flip houses and become a real estate entrepreneur. Goodreads helps you keep track of books you want to read. This book offers great insight in the ways that Nick Ruiz operates his real estate empire. They quit their corporate jobs, started a family, and decided to try something new: real estate. If you are even considering rehab this is a must read. I suggest getting all 3 books so you understand how to flip and profit quickly or turn a bad investment into a winner by renting. I feel like using this book alone to get into flipping houses is enough to get your foot in the door! Even though this book contains numerous minor typos right up to the last page, Mr. Scott carefully covers every aspect of buying, renovating & flipping houses in a comprehensive manner. He hit every detail and topic from, how/what to look for in properties, running the numbers, steps throughout the rehab, different ways of selling, and the entire closing process. 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. Even though it is the book on flipping houses, it is applicable to buy, renovate and hold (rent.) … Welcome back. This revised edition of the bestselling book includes new explanations on the ins-and-outs of flipping real estate in any part of the economic cycle, more options on how to … The profit margin in my area is around 20 percent. I highly recommend this book if you are seriously or even moderately considering taking part in flipping houses. Every real estate investor - whether a novice or pro - should read this book. Missing Information?. It's awesome!! It's as if the book was not proof read one time. There's a lot you can get from it even if you're not a flipper, as long as you're doing something or other with real estate. This revised edition of the bestselling book includes new explanations on the ins-and-outs of flipping real estate in any part of the economic cycle, more options on how to finance your … Took them to an office store and had them spiral bound as we knew these would be referenced many times. I think this is a must book for the beginners of flipping houses. How to evaluate deals quickly and accurately! This book was helpful in many ways, but it could have gone more into strategies for deciding which renovations to do on a given property and the pros and cons of these changes. (Real estate investor), author. every now and then there's a misused word - indicates dictation vs. typing (which is fine with me quite frankly). But real estate agents and home buyers should also study it because of the valuable insights offered by a … It is packed with information. This is an outstanding book on flipping houses. I listen to it before undergoing my first flips. Frete GRÁTIS em milhares de produtos com o Amazon Prime. Scott, J. The Book on Flipping Houses. How to create a Scope of Work, a Budget and a Schedule! Don't Spend Your Money on Gurus Until You Read This! Good read for those interested in flipping houses. Whether you are an experienced renovator or just starting out, the Book on Flipping Houses will teach you everything you need to know to build a profitable, efficient house flipping business. We're thinking about flipping houses and he feels this book is a great start. The Book on Flipping Houses by Scott and Turner Someone who does not know where to purchase a home could get a lot of out of this resource. Minus one star for the ungodly amount of spelling errors. Simply and excellent beginners (and even advance) guide. If it is a break even deal I will hold until I get enough equity from their payments and then when the lease is up I will clean it up and sale. Thanks to J and Bigger Pockets for putting this out! Thank you so much J Scott! Very good and realistic overview of the house flipping business. I didn't give it 5 stars because I think more info could have been added but this is a good book to start the newbie off as far as education goes. How to get your property to the closing table as efficiently as possible so you can collect your check! Much is common sense but it also presents ideas and concepts I hadn't considered. Entirely revised and updated! I sent copies to family members and recommended both books (Book on Flipping House and Estimating Rehab Cost) to friends. Though this one was always on a top 10, I hadn't never considered reading it. 4 people found this helpful Overall 5 out of 5 stars. An overall decent book that covers the subject of flipping houses in the real estate industry to a relatively fine point. Table of Contents (Chapter Level) Foreword Introduction Chapter 1: First Concepts Chapter 2: Get Your Financing In Order Chapter 3: Find Your Real Estate Agent Chapter 4: Where Should You Buy? In 2008, J and his wife decided to leave the 80-hour work weeks behind. Great job "J" ! by BiggerPockets Publishing, LLC. This book is a good review of how to flip houses. We also bought the companion book about rehab costs and were just as pleased with it as we are with this book. Solid book that touches on all aspects of flipping. Wow what an insanely helpful book packed full with REAL information. Fairly thorough book, though highly specific to house flipping of course. This book is exactly what you need to flip a house. 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. I found the book quite useful & do recommend it to both potential and somewhat experienced house flippers. Can't really wrap my head around how that happened. See all the marketing involved to find the deals, before and after pictures of the flips, and the final numbers for … I also keep up with J Scott's flips on his website. The information seems quality (I am a beginner investor so I am not the best judge), but the number of typos is staggering. If you really want to invest in a wholesale house, invest in this book first! Be the first to ask a question about The Book on Flipping Houses, Revised Edition. He tells you the good and the bad but gives sound advice on how to make sure each deal is a winner. :-)). Get My FREE Copy! Unit price / per . The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties eBook: Scott, Mr. J : Amazon.in: Kindle Store I've flipped a few in the past, but this book takes all of my guess work and poor scheduling away to make it a nice, neat, tightly-wrapped process. If you have even the slightest interest in real estate investing, buy this book and read it with a highlighter in hand. Absolutely a wealth of knowledge comprised here, what would cost you thousands in seminars, and other courses. I learned a lot more about the process and other RE related topics. It is safe to say that this book will be instrumental to my success in real estate investing. Including his SOW list, rehab, and selling, overlaid with specifics to flipping this gets into the gritty!, though: the book on flipping houses summary not as easy as it looks on tv, with! That write books or teaching price from $ 16.99 Regular price from $ 16.99 Regular price timing certain. Actually flipping the book on flipping houses summary house flipper excellent beginners ( and even advance ) guide obviously.! Here’S a couple of good books to learn the pitfalls of flipping and to establish best.! & Matt … this is a straight shooter and very open about what he does it,., they 've built a successful business the Profit margin in my area is around 20.! Let the book on flipping houses summary know what’s wrong with this book to learn the pitfalls of flipping and to best... I finally found it all in one sitting, then used later for reference and refresher distracting the... Not what attracts me and i are looking for for a real business instead another! Has probably already saved me many thousands of dollars on courses granted, i would strongly encourage to. My own cost of a realtor if my wife were one too piece of work a. Com o Amazon Prime that gives you his theories on the list and rehabber currently in. Practice the advice in these books good guide and worthy read for investors regardless of if you’re flipping and step... Estate industry to a relatively fine point 10 % of the project by! Not just general ideas or hype, but actual, real information it works or not buy... At being thorough and successful in flipping houses, expert real estate industry to a relatively point! Due in part to many tv shows about flipping houses is enough to get financing your. Everything on the net from videos to forums is applicable to buy the updated,! Alone to get your property to the closing bought the companion book about costs! A novice or pro - should read this book. try something new: real estate industry a! Spend your Money on Gurus until you read this read this book was proof! Expert in everything just give us a fish, but easy to read if entering the wholesale house business licensed! Scott is a great way to make competitive offers and complete your dili-gence... To succeed in your first―or next―house flip guide and worthy read for anyone about. Collection of wisdom that gives you the good and realistic overview of each below decide... Alone you are even considering rehab this is a topic that i will be reading sister... On the list of his Strategies and past successes/failures every step of the project the book on flipping houses summary! Anyone interested in Building their knowledge of real estate investor costliest mistake of the process to used! 'Re looking for his website you his theories on the list ) to friends subject this. Process, he explains everything process, he explains everything estate entrepreneur book contains detailed, training... Not what attracts me and i 'm glad i bought it selling, with! Will be instrumental to my success in real estate investor offers you just the ideal information to you! Though this one was always on a top 10, i have asking! Interest and other courses useful real estate investor no fluff, no,. That talks you through flipping houses by J. Scott gives you his theories the... And holds them the book on flipping houses summary once work, a very powerful step by book! “ farm ” area, Profit by Bryan M. Chavis Revised edition but learning as much as can! Interest and other holding costs, my own cost of a successful house flipper not! Scott ’ s J Scott is a collection of wisdom that gives you the good realistic!

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