| A simple and straightforward guide to the popular investment strategy
Flipping Houses For Dummies explores a popular niche in the current real estate boom. The opposite of the safe "buy and hold" strategy advocated in most investor books, flipping is the act of buying a property cheaply, renovating it to add value, and quickly reselling it at or near market value for a profit. This handy guide provides an overview of all the vital components of the art of flipping, covering the entire process from start to finish. Readers will learn how to find properties, negotiate and purchase them, perform improvements and renovations, and sell them for a tidy profit. The book covers all the many variables that can affect the process and includes coverage of property inspections, mortgages, and taxes, as well as working with contractors, brokers, and agents. Straightforward and straight-to-the-point, Flipping Houses For Dummies is perfect for responsible investors who want to flip houses the right way and steer clear of legal gray areas that get some investors into trouble. Ralph R. Roberts (Warren, MI) is a seasoned real estate professional who buys, rehabs, and resells homes. Joe Kraynak (Crawfordsville, IN) is the author of more than 50 books, including Bipolar Disorder For Dummies (0-7645-8451-0), from Wiley.
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