REAL ESTATE Breaking Bad: How to flip decaying real estate properties for a living.
REAL ESTATE Breaking Bad: How to flip decaying real estate properties for a living.
The information provided in this book is designed to provide helpful information on the subjects discussed. The author made all the efforts to be as accurate as possible in the creation of this book. The author does not warrant or represent at any time that the contents within are accurate due to the rapid change of the nature of the Internet. Any references included are provided for informational purposes only and do not constitute endorsement of any websites or other sources. Readers
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fields. The Author's word Hello and thank you for reading this book! I also want to thank some of the most important persons in my life, those who are always there for me. These are the persons who supported me no matter what, for better and for worse. For this, I have to thank you Lavina, Heinz, Shoofa and Codrut. Alex, you are also here, for your support and patience.
Thank you!
Introduction Selling a property to make a profit can be a great idea to earn some money, but who has the time to wait until the house bought with money from a loan appreciates enough, so you can make a profit? No one, especially when there is another way to approach real estate: house flipping. The concept of buying a poor house, fixing it and then selling it for a profit has been out there for a long time, but it gain more awareness when the TV shows started to promote this business.
However, after the crash in 2008, the bubble seemed to have busted. The reality is you can still sell real estate for a profit, if you know how to do it. And this is exactly what this book will teach you. Read on to learn how to evaluate a deal, how to find the money to finance it and how to start the fixing process.
All you need to know to start the business of flipping a house is right here, at your fingertips, so read on and learn how to become a pro in real estate businesses and change your career right away. Learn to sell houses for a profit!
Chapter 1 Up close When you hear about flipping houses for a profit you think of instant money and speedy repairs. Is this the reality of house flipping or are the TV shows cutting out the reality bites? The concept of flipping a house is rather simple: you buy a property at a small price, fix it and then sell for a profit. It sounds good, but if you expect to make hundreds of thousands of flipping houses, you need to get a reality check! Flipping is not an easy job and the profits are not
that well rounded.
On top of it, like any business, if you mess it up you might get into bankruptcy. Other times even though you do all the right things, you still manage to sink along the properties due to house market crashes or other unexpected situations that make the selling for a profit part of the flipping impossible. When you get into this business, you must know a lot more than the basic concept, if you plan to stick around for some time, investing in the house market. There are many things to learn, but before you start buying and selling, you have to know five major facts of the trade.
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