Fix It and Flip It: How to Make Money Rehabbing Real Estate for Profit

All about profiting from fixer-upper homes: how to get started, problems to steer clear of, do-it-yourself pointers, and more Millions of Americans dream of buying a house they can paint, remodel, and resell for a profit.Fix It and Flip Itshows you how to move beyond dreaming to become a full-fledged real estate investor. Its proven, step-by-step program will provide you with the know-how you need to locate an undiscovered gem, buy it below market value, rehab it with as little cash outlay as possible, and then sell it for a substantial profit. This first-time real estate investor's handbook will help get you started with: A fast and easy formula for crunching the numbers on a house--and determining if there's a profit to be made Valuable timelines for completing two-month, six-month, and one-year-plus rehab projects Firsthand accounts of what can go right and wrong when rehabbing an actual property Easy improvements guaranteed to provide the greatest return--painting, replacing cabinet hardware, repairing screens, and more Tips for locating, contracting with, and paying a quality subcontractor for bigger jobs Buying and selling fixer-upper real estate continues to be one of the most accessible, low-risk roads to financial independence.Fix It and Flip Itprovides you with the savvy advice you need to find that first diamond-in-the-rough house--and use it as a stepping-stone to building solid, long-term real estate wealth.Gene Hamilton is the author of 'Fix It and Flip It: How to Make Money Rehabbing Real Estate for Profit', published 2003 under ISBN 9780071421485 and ISBN 0071421483.