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Flipping Houses For Dummies, 2nd Edition (1118801601) cover image

Flipping Houses For Dummies, 2nd Edition

ISBN: 978-1-118-80160-4
384 pages
January 2014
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Introduction 1

Part I: Laying the Foundation for Successful Flipping 5

Chapter 1: Wrapping Your Brain Around the Idea of House Flipping 7

Chapter 2: Do You Have the Right Stuff for Flipping? 19

Chapter 3: Devising an Effective Flipping Strategy 31

Chapter 4: Building Your Dream Team 41

Chapter 5: Securing the Funds to Fuel Your Flips 57

Part II: House Hunting with an Eye for Flipping 79

Chapter 6: Scoping Out a Fertile Neighborhood 81

Chapter 7: Hunting for Houses in Your Target Area 95

Chapter 8: Closing In on Foreclosure Properties 107

Chapter 9: Scoping Out Properties in Special Markets 127

Part III: Evaluating Properties and Crunching Numbers 141

Chapter 10: Researching Distressed Properties 143

Chapter 11: Inspecting the Property and Estimating Rehab Costs 161

Chapter 12: Calculating Your Profit and Maximum Purchase Price 177

Chapter 13: The Art of Haggling: Negotiating a Price and Terms 187

Part IV: Fixing Up Your Fixer-Upper 205

Chapter 14: Prioritizing and Planning Your Renovations 207

Chapter 15: Giving Your Property a Quick Makeover 221

Chapter 16: Perking Up the Curb Appeal 235

Chapter 17: Dazzling the Crowds with Updated Kitchens and Baths 251

Chapter 18: Tackling Moderate Makeovers 265

Chapter 19: Reconfiguring Spaces and Other Structural Overhauls 277

Part V: Cashing In: Realizing Your Profit 289

Chapter 20: Considering Your Options: Cash or Cash Flow ? 291

Chapter 21: Marketing Your Home 303

Chapter 22: Negotiating the Sale to Maximize Your Profit 317

Chapter 23: Trudging Through Some Taxing Issues 329

Part VI: The Part of Tens 339

Chapter 24: Ten Ways to Find Dontwanners 341

Chapter 25: Ten Signs of a Great House-Flipping Opportunity 347

Chapter 26: Ten Common House-Flipping Blunders 351

Index 355

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