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Lay the foundation for successful flipping and bring home the bucks Want to flip houses? This no-nonsense guide gives you the inside scoop on buying, renovating, and selling property, with plenty of time- and money-saving tips to keep you on budget and on schedule. You get savvy strategies for negotiating deals, modernizing for maximum profit, marketing your home, avoiding common blunders, and staying afloat in a slow market.
- Make money in any market — discover simple guidelines that will help you to profit no matter what the economic climate
- Secure funding for your flip — explore all your options for the capital you need
- Build a budget — understand all the costs you may face and avoid any costly surprises
- Maximize your tax savings — get valuable tips on what expenses you can deduct
- Find buried real estate treasures — learn how to spot homes with untapped potential and how to buy homes from foreclosures and tax sales
- Buy property at the best price—find out negotiation secrets that will add thousands of dollars to your bottom line
- Renovate your property for maximum profit—make renovations that add real value to your home
- Market your home—dazzle prospective buyers with through marketing materials and home staging
Open the book and find:
- Who you need on your team
- How to determine a realistic resale price
- Creative financing options
- What questions to ask before you buy
- How to buy foreclosure properties in the U.S.
- Which quick fixes enhance a home's value
- When to take on major structural enhancements
- How to negotiate the sale to maximize your profit
Real Estate Investing For Canadians For Dummies, 2nd Edition offers a clear, comprehensive, and Canadian look at investing in real estate, from investigating properties (and other investment options, such as REITs), to securing financing, to managing properties, to knowing when to sell. Real-life anecdotes, useful web resources, and a balanced perspective will make this the ideal book for people looking to explore this lucrative field.
- Content in this revised edition covers the new opportunities available (such as foreclosures), the significant changes to financing, and changes to property management laws that every investor must know. Gray and Mitham also explore how investors can manage risk and survive (and thrive) in a volatile market and offer new advice on how to manage maintenance costs.
