Saturday, May 21, 2011

The Complete Guide to Flipping Properties Review

The Complete Guide to Flipping Properties
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I read Berges' book The Complete Guide to Buying and Selling Apartments about a year ago or so and liked it so well I couldn't wait for him to come out with another book. His book on Flipping is every bit as good as the book on apartments. Berges provides a comprehensive and complete approach to anyone interested in buying and selling houses. He wrote about a similar topic, which he referred to as "the value play" in his apartment book. In the flipping properties book, Berges applies the value play strategy, which is to buy, add value, and sell, all in a very short period of time. The idea is to get in, get out, and make money!
Although Berges covers one of the same topics Bronchick does, he does it in a different way which gives the reader another perspective. Authors write about similar topics all the time. There's nothing wrong with this. Berges also covered several topics that Bronchick did not. No harm there either. It's pretty clear to me that judging by their writing styles and backgrounds, Berges likes the finance end of real estate while Bronchick prefers the legal end. Maybe the two should consider teaming up!

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Fix and flip single-family houses for quick profit––and long-term prosperityThe Complete Guide to Flipping Properties offers proven, straightforward guidance for anyone interested in flipping properties for quick profits. This comprehensive guide to flipping will help any real estate investor design a detailed plan for achieving their financial goals as quickly as possible. Steve Berges, creator of the value play strategy, shows you step by step how to flip properties and lock in profits. With in-depth explanations of every aspect of the art of flipping––from finding properties and closing the deal, to repairing houses and reselling at the best price––this book is the ultimate resource for novice investors and real estate pros alike.The Complete Guide to Flipping Properties includes:Time-tested strategies for flippingTen proven methods for locating great propertiesProperty valuation methods––and which one is right for youFinancial analysis and modeling techniquesHow to create value and maximize your profitsSeven steps of successful negotiationHow to close the dealFoolproof exit strategies for getting rid of propertiesHow to assemble a winning team of professionalsThree keys to maximizing your potential as a real estate investorWith tips on writing business plans, investing on credit or with OPM (other people’s money), and creative financing methods, The Complete Guide to Flipping Properties gives any investor the tools they need to build wealth safely and reliably.

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