Flipping Houses For Canadians For Dummies

Front Cover
John Wiley & Sons, Aug 26, 2009 - Business & Economics - 384 pages
Lay the foundation for successful flipping and bring home the bucks

Want to flip houses? This no-nonsense guide gives you the inside scoop on buying, renovating, and selling property, with plenty of time- and money-saving tips to keep you on budget and on schedule. You get savvy strategies for negotiating deals, modernizing for maximum profit, marketing your home, avoiding common blunders, and staying afloat in a slow market.

  • Make money in any market — discover simple guidelines that will help you to profit no matter what the economic climate

  • Secure funding for your flip — explore all your options for the capital you need

  • Build a budget — understand all the costs you may face and avoid any costly surprises

  • Maximize your tax savings — get valuable tips on what expenses you can deduct

  • Find buried real estate treasures — learn how to spot homes with untapped potential and how to buy homes from foreclosures and tax sales

  • Buy property at the best price — find out negotiation secrets that will add thousands of dollars to your bottom line

  • Renovate your property for maximum profit — make renovations that add real value to your home

  • Market your home — dazzle prospective buyers with through marketing materials and home staging

Open the book and find:

  • Who you need on your team

  • How to determine a realistic resale price

  • Creative financing options

  • What questions to ask before you buy

  • How to buy foreclosure properties in the U.S.

  • Which quick fixes enhance a home's value

  • When to take on major structural enhancements

  • How to negotiate the sale to maximize your profit

 

Selected pages

Contents

Table ofContentsIntroduction
Laying the Foundation for Successful Flipping
Tabulating Your Time Budget
Taking stockofyour financial health Honestly evaluating your debttolerance Taking Your Personality Pulse
Devising an Effective Flipping Strategy
Guesstimating Your Potential Profit
Securing the Funds to Fuel Your Flip
Trudging Through Some Taxing Issues
Perking Up the Curb Appeal
Giving Kitchen CabinetsCountertops andSinks aFacelift
Choosing to keeporreplace the refrigerator Bringing Bathrooms intothe21st Century Checking andrepairing bathroom wallsandfloors
Giving Your Home SomeNew Glasseswith Updated Windows Knowing your window options Trimming the cost of new windows
Sold Selling Your Rehabbed Home
Jazzing Up the Front Entrance
Comparing Seemingly Similar Offers
Leveraging the power of multiple offers Shuffling Papers and Other Legal Stuff at Closing

Inspecting the Property withanEye for Rehab
Closing In on Foreclosure and Tax Sale Properties
Prioritizing and Planning Your Renovations
Giving Your Property a Quick Makeover
Ten Renovation CostCutting Strategies
Ten Common HouseFlipping Blunders
Buying PropertiesforLess Focusing on Foreclosures
Copyright

Other editions - View all

Flipping Houses For Canadians For Dummies
Ralph R. Roberts
No preview available - 2008
Flipping Houses For Canadians For Dummies
Ralph R. Roberts
No preview available - 2009
Flipping Houses For Canadians For Dummies
Ralph R. Roberts
No preview available - 2009

Common terms and phrases

adding additional affordable agent amount appearance asking bathroom become better building buyers cabinets cash Chapter clean closing comparable complete condition consider contractor costs cover deal determine don’t door especially estate agent estimate expenses Figure financing flipping flipping houses floor following sections foreclosure give going hire holding homeowner improvements inspection install interest investment investors keep kitchen landscaping lawyer lender less light living loan look materials mortgage move negotiating neighbourhood offer ofthe options owner paint payment percent potential principal problems professional profit purchase real estate renovations repairs replace requires residence roof sell seller space strategy sure turn typically walls worth you’re

About the author (2009)

Ralph R. Roberts is a seasoned real estate professional who buys, rehabs, and resells homes. Joe Kraynak is the author of more than fifty books. Camilla Cornell is an award-winning freelance author and the recipient of two National Magazine Awards.

Bibliographic information

TitleFlipping Houses For Canadians For Dummies
AuthorRalph R. Roberts
ContributorsJoseph Kraynak, Camilla Cornell
Editionunabridged
PublisherJohn Wiley & Sons, 2009
ISBN0470677287, 9780470677285
Length384 pages
Subjects ›  › 

Business & Economics / Accounting / General
Business & Economics / General
Business & Economics / Real Estate / Buying & Selling Homes
  
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