Key Takeaways and Strengths: The Book on Flipping Houses is exactly that; a succinct, efficient introduction to the skills you need to succeed in house flipping. About the author: G. Brian Davis is a real estate investor who has owned dozens of investment properties over the last 15 years. Many beginners have asked me that question. Flipping houses is one of the most reliable ways to earn a return—and quickly—if you put in the work to learn how. Key Takeaways and Strengths: Ryan Pineda integrates his firsthand experience in flipping homes, creating a helpful guide on how to find success and build a bright financial future. As outlined above, house flippers’ profits are made or lost based on the accuracy of their cost forecasts. Disclaimer: The above is provided for informational purposes only and should not be considered tax, savings, financial, or legal advice. This book has you covered. The book averages 4.8 stars out of five on Amazon, with 90% of readers giving it a five-star rating. 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. Copyright I got a bunch of feedback and suggestions and decided to go with a walk-through for sending your 1st box of used books … Some basics covered are how to find deals, how to fund deals, how to figure out repair estimates, and how to decipher the array of costs of various projects. While this is one of the older books on this list, it remains relevant given its focus on the fundamentals. 10 Best House Flipping Books on Amazon. We are also proud to have Ryan as a LendingHome customer! Fortunately, anyone can learn real estate investing for the cost of a book or two and the time it takes to read them. Pustejovsky’s book on house flipping runs the full gamut of mistakes made all too often by real estate investors and points out red flags to look for in your own investing. How to flip a house: A step-by-step guide. You may have already bought your first home or played your hand at earning passive income through investing in rental property, but this type of real estate investing may require a little bit more education before you succeed. Comprehensive real estate investing service including CRE. Key Takeaways andStrengths: Villani and Davis cover a systematic approach to finding profitable deals, renovating them, and selling quickly for profit. In our list of best books on flipping houses, I see this entry as an odd duck. The Book on Estimating Rehab Costs - This book … Dubbed an "A-to-Z guide for both new and seasoned investors," The Business of Flipping Homes goes into single-family house flipping, with details on how to locate potential properties, renovate them successfully, and then sell them at a profit. In other words, keeping your velocity of money high. Rather than going on the well-traveled path of other house flipping books, this edition allows readers to learn from … First and foremost come the numbers. Not every market is created equal for real estate investing! The New York Times bestseller talks buying, renovating, and selling houses and includes tons of extras like design ideas, calendars, and a list of the most valuable rehab and do-it-yourself projects out there. As the title suggests, Weber walks you through a complete house flipping business plan. From bridge loans from lenders like LendingHome who can cover 90% of the purchase price, to private money from friends and family, Turner walks you through all of your options, and aims to help you form your own “mix-and-match” approach to funding your deals. A lot of house flippers get excited about their next project and can ignore this less … It talks finding properties, negotiating, working with contractors, and even managing multiple projects at once. After all, the difference between a purchase price of $225,000 and $245,000 can be the difference between making money and losing money! The first question we want to ask in developing an accounting system for flippers is: how do we want to keep track of and book revenues and expenses? NMLS ID: 1125207 Terms, Privacy & Disclosures. You can even use shorthands like the 70% Rule in house flipping to quickly estimate offers and pricing. We do receive compensation from some affiliate partners whose offers appear here. But it does take a commitment to learning the skills necessary to succeed. The Flipping Blueprint: The Complete Plan for Flipping Houses and Creating Your Real Estate-Investin… Learn More.Already a member? Key Takeaways and Strengths: Marty Boardman’s book focuses on helping you develop systems, to create an efficient house flipping business. Scott keeps the pace brisk and covers bridge loans and other financing tips, finding deals, renovation, evaluating scope of work, and most of all, accurately forecasting profits. It's available in paperback and e-book, and the digital version also includes 24 calculators to make working those numbers even easier. Want to perfect your approach to flipping homes? Experienced home flipper Mark Ferguson shares his best tips and tricks in this detailed Kindle book, available for just under $3 on Amazon (NASDAQ: AMZN). Beyond estimating expenses and values, the best books on flipping houses should also cover a range of other critical skills. 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