Does anyone have a good website or book about flipping a house? Or any information??
2006-12-28 11:09:19 · 4 answers · asked by QueenOfNoise 3 in Business & Finance ➔ Renting & Real Estate
http://www.breakingbubble.com/index.htm
2006-12-28 15:15:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
some cable tv stations put on the show entitled "flip this house."
my advice to you is to price the types of improvements you want to put into a run down house in a good location. be sure to factor labor costs into it, and be sure that you know that so many times, workers just don't show up or even call. people get infuriated by this, but in general, it is par for the course.
you MUST know the location! if i lived inside of the normal everyday worker's skin and wanted to flip houses, i would definitely find myself a very experienced broker or salesperson that cares about YOU. YOU are the one making the investment, not her. it is YOUR money that YOU worked hard to save.
remember: land itself is never depreciable (will rogers said, 'buy land...they don't make much of that no more.' and he was so right). if you can get a double or more lot, buy it.
ask your Realtor which areas are rising in value and which seem to be sliding. buy in a good location. buy a dump in a location whereby the other owners show pride of ownership, then make your flip look like theirs. don't, i hope you don't, turn a two bedroom house into a one bedroom, even if the two bedrooms are small. it is very hard to sell.
well, that is just general advice. be careful, but don't fear risking. if you risk nothing, you stand to gain nothing too.
2006-12-28 19:28:21 · answer #2 · answered by Louiegirl_Chicago 5 · 0⤊ 0⤋
yes check this website out
http://calihomes.blogspot.com
2006-12-28 20:55:31 · answer #3 · answered by hkjlh h 1 · 0⤊ 0⤋
HGTV
2006-12-28 19:20:36 · answer #4 · answered by zocko 5 · 0⤊ 0⤋