Review: Realistic Diary of Flipping Houses (Rehab variety)
Rating: 5 out of 5
Date: 08 8, 2013
So I downloaded 5 free house flipping books, to see if I would be interested in flipping rehabbed houses. For my needs, this was by FAR the best.The book is a cut and paste from his website, so you can get everything there - if you knew where there was.The books is a weekly diary of an established rehab house flipper (who knew flippers came in so many varieties?). It lets you know of a wide variety of marketing tools and his response and success rate with each. Let's you know what happens when you take breaks and vacations. Gives you fix-up lists and links to on-line articles he wrote to supplement the diary while it was happening (I have not looked at these yet). Gives you a firm idea of the costs involved and the profit to be made (not as "you are going to make millions" as the hyper people say) - I like how reasonable it is.Also lets you know of the sob stories you will hear and the emotional impact they will have on you. Only book I have read so far to have done so. Folks if you are buying houses at 50% normal cost, the sellers are not going to be doing it because they are in a good way - someone died, someone is sick, life has come up and slammed them down and they have to take all the money they can get. The plus side is you are helping them - they need money now and you are getting it to them - not 6 months to 2 years down the road. Don't feel like a sh*t doing it, and know how much you can afford to do. The author brings this out very well.The book is repetitive - but then so is the job. All the other books I have read have been "leave paperwork and the drudgery behind and let the money pour in". This  book lets you know of the constant marketing, constant networking, and constant followup you will need to do to be a successful house flipper.Great book - most realistic, non-hyper, low-key selling book about house flipping I have read. If you want to flip houses of the rehab variety and doing preliminary research, you won't go wrong here.