Flipping book review and comments...
Reply: 5.1.1
From: Ross Sondergeld
Hi Mark,
Subject: An articles section for somersoft...
You said, "Is that a real book, and if so, who wrote it?"
YES... here it is...
Bronchick, William & Dahlstrom, Robert. (2001) Flipping Properties: Generate
Instant Cash Profits... with Investing in Real Estate (Third Edition) today!
Paperback - 214 pages (July 2001)
Dearborn Trade; ISBN: 0793144914 ; Dimensions (in inches): 0.49 x 9.03 x
7.29
Editorial Review of "Flipping" From Amazon...
Bronchick and Dahlstrom, real-estate professionals, teach readers how to
recognize and analyze the risks inherent in investing in bargain properties,
as well as the profit potential that exists in renovating and reselling such
properties for cash. Known as "flipping," this strategy includes finding,
buying, renovating, and rapidly reselling a property to reap a healthy
profit. The first two chapters address the major elements of flipping and
present the mechanics of real-estate transactions, and chapters 3 through 5
consider identifying and purchasing bargain real estate. In the remainder of
the book, the authors review such issues as renovation, financing, sales
strategies, and legal and tax issues. In the appendix, they offer
advertising tips, sample forms, and state-by-state foreclosure guides.
Although this book is a helpful roadmap and possibly intended as a textbook
for Bronchick's real-estate workshops, someone considering such business
activities would be well advised to research several sources to thoroughly
understand the risks and responsibilities. Mary Whaley
Copyright © American Library Association. All rights reserved
Book Description
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... read more
See all editorial reviews...
Excellent Book, November 15, 2001
Reviewer: Kent Harris (see more about me) from Houston, TX United States
This is an alternative to zero down Real Estate. By scouting for properties
for investors is an advantage for them, investors don't have time to find
the deals and would much rather pay me a finders fee. I made 4 phone calls
to 4 different investors and 3 of the 4 wanted Real Estate to invest in! One
of the investors has $5 million dollars to invest and is also in the Real
Estate business who is also mentoring me on flipping properties, he told me
he didn't have time to find the deals, that's were I come in.
Since Sept 11th foreclosures in the Houston area have risen from 800
foreclosures a month to over 2,200 in the month of November! This book gave
me ideas on were to find the properties other then the foreclosure sales and
was more informative then the other 5 books I read about Real Estate.
A word about legality. Flipping properties is legal as long as you don't put
the buyer and seller together, you have to have a Real Estate license for
that! You would be considered a Real Estate broker if you were an
independent agent and put deals together for the general public. Since I'm
working for these specific investors I'm not considered a Real Estate
broker.
Sound, Practical Advice, August 13, 2001
Reviewer: petersmaclean (see more about me) from Prince Edward Island,
Canada
Whether the book will enable one to generate "instant" cash profits may be
slightly over-dramatized; however, the advice given is sound, practical
advice. That aspect, in itself, makes the book a wise investment. I know
several investors who are making a clear fortune from "flipping properties"
and while the sample legal forms and contracts may vary from the US and
Canada, the essential elements of real estate transactions are very basic.
I did feel some topics could have been covered in greater depth and for that
reason the book lost a star in the rating. However, if you are a novice
investor in the world of real estate, this helpful book is a great place to
start.
A very good book, March 17, 2002
Reviewer: bonnie smith (see more about me) from OKLAHOMA, USA
This book is an easy read and packed with good information on generating
quick cash flow with real estate. I also recommend The Real Estate Money
Machine and Real Estate for Real People.Now is the best time to get started
investing in real estate.
Great book for a newbie....., February 26, 2002
Reviewer: A reader from Dallas, TX
This is a fantastic book. Easy to read (I read it in 3 days - and will
re-read it), easy to understand, easy (I think) to apply. There are numerous
examples and references for further information all throughout......and you
don't feel like it's "pie-in-the-sky" drivel.
Ross Sondergeld ~ Buyer Agent
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" Imagine buying real estate the easy way...
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Office 9b, 34 Glenferrie Drive Office (07) 5562 1555
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