The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties

Very good read ! Got it for my husband and then I read it after.

I've read quite a few books by real estate investors who flip houses. Quite a few really GOOD ones. But in my opinion this one is the absolute BEST. J Scott does an EXCELLENT job at leaving no stones unturned and pretty much holds your hand all the way through the process from start to finish. I love his attention to details while still making the steps very simple to comprehend. Great job!

I have a library of real estate books and this is the book I constantly go back to and re-read when I feel like I've lost my way. I have just about every book on Amazon regarding the subject and this one really has the best information. I also bought the companion book called "The Book on Estimating Rehabs" and it is the perfect book to figure out how to not only estimate the scope of work but gives you great insight on what you should be paying for contractors and products. I also keep up with J Scott's flips on his website. He is a real house flipper and not someone that gives you his theories on the subject. He tells you the good and the bad but gives sound advice on how to make sure each deal is a winner. If you are in the Rental business this book doesn't really cover the Buy and Rent strategies. There will be times in your flipping process where you might lose money but I've been successful in turning those into Rental properties to make my money back and then hold for long term growth and a small monthly income on Rent. The best book I have read on that issue is Buy it, Rent it, Profit by Bryan M. Chavis. I suggest getting all 3 books so you understand how to flip and profit quickly or turn a bad investment into a winner by renting.One thing I did with my rentals that the books don't suggest is have a Management Company handle the entire process of my Rentals. They handle marketing, Contracts, Tenants and maintenance for 10% of the rental price. On most deals that will cost me about 120 dollars per month. Not having to deal with Tenants and maintenance is worth the price to me. The profit margin in my area is around 20 percent. If it is a break even deal I will hold until I get enough equity from their payments and then when the lease is up I will clean it up and sale. It can be the difference in losing money and making a little off of a bad deal.

If you’re buying or selling a home, you will be well served in reading this book. The strategies for buying and selling right make sense whether you’re an investor, a flipper, a wholesaler or this is your primary residence. Full of checklists, advice and actionable tips, it is a darn useful addition to the library.

Step by step instructions. I read everything I could find, joined a REI group locally, and a web-based organization nationally, and still I find that this one book tells me more usable information, in an easily digestible fashion than anything else I've seen. I have to wonder what motivates someone to "write it all down" for that's a terrifically challenging task, but J has done it. The best thing about this book is not the gems to be found inside--truly, most of his ideas are to be found elsewhere, and that's to be expected because they are correct--but that the work is so systematically presented that (even) my wife understands it. REI investors know that convincing the family to go along with "this hare-brained scheme" is probably the actually hardest part of the endeavor, at least at the beginning. J does a masterful job of writing in such easy to follow language that this one book is what my darling wife refers to every time she has a question about flipping. Ever hear the line, "An expert is a guy with a briefcase from out of town."? Think of it that way. All of the book is valuable as it stands and having all of the information in a book you can hand to your partner is even better. It's confirmation of everything else you learned about flipping houses, and if you haven't learned it yet, there is no better place to start.

Pros: This book is highly detailed and specific, which is great. The author explains every step of the house-flipping process in a methodical way that guides you through the process. He includes many personal examples throughout of what works and what doesn't work. He describes all of the components of the process in an easy to understand way. I particularly liked his formula for determining whether a house is a good buy.Cons: The main issue, in my opinion, is that the examples the author provides seem to be specific to his low-cost area in Georgia, and he mentions that foreclosures are common, whereas in my neighborhood and even in my state, which did not experience the housing crisis like other states did, these deals are nowhere to be found. The housing market is very strong where I live, and there is no room to make money, even on a fixer. But, maybe it's different in other parts of the country. I wonder to what extent the concept that foreclosures and REO's are common is simply outdated in today's market, or if it's still true in some areas. It's just not true in my area. Regardless, this book seems to be geared toward entry-level housing in affordable areas in which foreclosures are common.Another negative is that I found many grammatical / typographical errors throughout the book.

J Scott does an amazing job of laying out the fix and flip business in an easy to understand yet comprehensive way to ensure success in this space!

As a real estate investor, I try to attain as much knowledge as possible to help me expand my portfolio and learn all aspects of the real estate investment life. This book did offer a few good tips and some good advice. That being said, I can’t give it any more that 2 stars. It was terribly boring. While reading it, I couldn’t get the sound of Ben Stein’s voice from “Ferris Bueller’s Day Off” out of my head! I was expecting it to have at least SOME exciting stories about success. Especially because it was a recommendation of Brandon Turner! (I really enjoy the way he writes so I was hoping it would be like that)…NOPE! It was comparable to seeing a a half inflated balloon on the floor the morning after a party. “Oh, there it is 😐”.

My husband loved this book, really gave him an insight on the American market which we are very interested in.

love this book has lots of good points for flipping houses properly. i recommend it for any beginner person. bye.

Very good book, not what I expected but teaches you other interesting facts to know about flipping houses.

Updated and brings important highlights and guidance for who is starting. Great product.

No me aporto una visión más concreta ni me ayudó a realizar una evaluación de las casas más profesional