Flipping Properties: Generate Instant Cash Profits in Real Estate by William Bronchick, Robert Dahlstrom

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(Paperback - New Edition)

  • Pub. Date: June 2001
  • 224pp
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    Product Details

    • Pub. Date: June 2001
    • Publisher: Kaplan Publishing
    • Format: Paperback, 224pp

    Synopsis

    Real estate investing has historically been one of the most consistent ways to achieve great wealth. Focusing on proven strategies for buying and selling properties quickly, (also called “flipping,”) Flipping Properties offers would-be investors the details on how to generate cash from this popular real estate investment method. The authors outline a step-by-step process for generating cash flow, with or without a stellar credit record, large sums of cash, or a real estate license. Guidelines help tailor a practical investing game plan for both experienced investors as well as beginners. To make a solid start, the authors reveal the essential elements of real estate transactions as well as the basics of what makes “flipping” such an appealing way to invest in real estate. Covering pre-purchase through closing and beyond, Flipping Properties is a complete reference that also includes legal forms, sample contracts, hands-on checklists and sample advertising and marketing materials designed to get properties to sell. At the heart are practical strategies to buy bargain properties, then rapidly resell them for cash profit. “http://www.editeur.org/onix/1.2/onix-international.dtd”> 01 Dearborn Trade Publishing

    Booknews

    Outlines a process for generating cash flow, with or without a good credit record, a large sum of cash, or a real estate license, for both experienced investors and beginners. Gives background on real estate transactions, then offers strategies for finding and buying bargain properties and reselling them for cash profit. Includes legal forms, sample contracts, checklists, and sample advertising and marketing materials designed to make properties sell. Bronchick is president of the Colorado Association of Real Estate Investors. Dahlstrom is an investor and real estate broker. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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    Biography

    William Bronchick, Esq., is a nationally known attorney, author, entrepreneur, and speaker. He has spoken to tens of thousands of people at seminars and conventions nationwide, including the “Get Motivated” Tour and the Learning Annex Real Estate Expo. Bronchick has been featured in countless media outlets, including CNBC’s Power Lunch, Investor’s Business Daily, USA Today, XM Satellite Radio, the Los Angeles Times, and has served as the President of the Colorado Association of Real Estate Investors since 1994.

    Customer Reviews

    Flipping Properties: Generate Instant Cash Profits in Real Estateby Anonymous

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    May 04, 2004: This book got me started in real estate investing. It is a must for any beginning investor, covering the whole gambit: flipping ('quick-turning') real estate, rehabs, negotiating, writing contracts, dealing with realtors, setting up a game plan, finding other investors to work with, etc. It comes with some real good sample contracts, which, from my attorney background, I must say are quite good! Syndicated Columnist Robert Bruss, also an attorney, gave this book a '12' on a 10 scale. I have since read some of Mr. Bronchick's other books and they all cover the important details and legal aspects of real estate better than any other books. As an attorney, I often notice that these details are often glossed over in other books which are loaded with theory. You won't be disappointed with Bronchick's books - they are loaded with content! It's good to see there's a real estate attorney out there covering people's bottom line!

    Flipping Properties: Generate Instant Cash Profits in Real Estateby Anonymous

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    March 13, 2004: Ignore everything you just heard about property flipping, it's illegal. Refer to HUD's anti-property flipping rule in 2003. What the author isn't telling you is that true property flipping often involves an inflated appraisal, the home is stripped of its equity by the original investor, and the prices are severely inflated. We're talking tens of thousands of dollars over a period of months. The unsuspecting buyer of this property is left with a large mortgage payment on a property that's severely overvalued.


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