Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market (9780470068359): Kirsten Kemp: Books
It’s Saturday
Amazon.com: Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market (9780470068359): Kirsten Kemp: Books
Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market (Paperback)
by Kirsten Kemp
Master the art of flipping with KIRSTEN KEMP, host of the hit TV show Property Ladder!
“This book establishes a new standard for real estate authors. Kemp gives her readers delightfully written prose packed with her wealth of experiences. She lays out so many profit-generating (and loss-avoiding) ideas that while reading the manuscript my highlighter never got a rest.”
—Gary Eldred, Trump University Professor of Real Estate, coauthor of the bestseller Investing in Real EstateReal estate isn’t just for the rich! And this book proves it. In Flipping Confidential, Kirsten Kemp, the host of TLC’s runaway hit show, Property Ladder, gives first-time investors the guidance and inside tips to buy cheap, fix fast, and sell high. With a positive attitude and a healthy dose of humor, Kirsten Kemp walks you through every step of a successful flip—from finding the right house to getting your financing in order, from making big improvements to pricing the home to sell.
If you’ve ever seen Property Ladder, you know that successfully fixing and flipping a property can be a deeply rewarding experience—both personally and financially—when you do it right. Kemp makes sure you do it right in Flipping Confidential, revealing all the inside knowledge she has amassed as a successful flipper. You’ll learn how Kemp became a successful flipper and much more, including how to:
* Get started with little savings or free time
* Find great leads and follow up on them
* Clean up your credit and find financing
* Sign up a great agent, lender, or contractor
* Learn when you can do it yourself, and when to hire a pro
* Keep costs down during renovations
* Set schedules and plan for costs and fees
* Master home staging for higher profits
* Manage mistakes before they become disastersReal estate is the key to your financial freedom, and flipping is the fastest way to unlock that door. If you want to get out of the office, be your own boss, spend more time with your family, and make a truckload of money in the process, this is the ultimate guide to your new life. The key to financial success isn’t a secret, it’s Flipping Confidential.
Psst…. can you keep a secret? Because that’s what this book is full of!
After all, it’s written by a TV show host, and has recommendations from someone at Trump University. I can’t think of stronger credentials (other than perhaps David Lereah) than that!
When you’re rich from real estate, you can help this site out confidentially! Click this link to learn more!
October 10th, 2009 at 10:14 am
From the book: (the name of the client was changed for dramatization)
Several years ago, I had a real estate client, Roger, who purchased her first condo in Santa Barbara for $200,000, 110 percent of which was borrowed. Because she had no money whatsoever, she even had to borrow the cash to cover her closing costs. [...] While she was living there, Roger made some minor cosmetic changes to her condo – replaced linoleum with tile, painted, and changed some light fixtures and hardware. Two years later, she sold it for $298,000, a healthy profit in any market. She dropped $325,000 on her next condo, made similar improvement, [...] and sold it 18 months later for $435,000. With the equity she had acquired, Roger partnered with her sister and bought a house for $950,000, completely overhauled it , and sold it 16 months later for $1,175,000.
Now let’s see if Roger can do that in any market, like today’s…
October 10th, 2009 at 2:07 pm
We are Number 1!
http://finance.yahoo.com/real-estate/article/107917/where-americans-pay-most-to-live
High monthly costs in places like San Francisco ($1,660) and Washington, D.C. ($1,706) don’t necessarily make owning and renting terribly expensive for area residents — median household incomes in many of these places are similarly high, $76,848 in San Francisco, for example.
October 10th, 2009 at 2:32 pm
Nice, so that means $77k median salary can afford $600k median home prices?
October 10th, 2009 at 2:35 pm
Heh a girl named Roger?
October 10th, 2009 at 3:59 pm
Ah…the TLC show Property Ladder…one of my sinful pleasures!
TLC often airs re-runs of the show. Very interesting and often highly entertaining as you see people who don’t know diddly squat about flipping buy some truly awful properties (more than likely with a zero-down ARM), do a half-ass job in renovations, and then expect to sell it right away. The first season (2005) pretty much everyone made a profit (including some really idiotic flippers) however in seasons 2 and 3 as the market began its downturn, the profits were fewer and farther between. Great show!
October 12th, 2009 at 10:47 pm
Now let’s see if Roger can do that in any market, like today’s…
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What about her mega-project…..in San Fernando Valley?
October 13th, 2009 at 7:08 am
We are Number 1!
Is that something to brag about? Seems to me that being the number1 most expensive area is what will ultimately lead to the industrial downfall of the Bay Area.
October 13th, 2009 at 9:06 am
bob, where’s your competitive spirit?