Download PDF by Gary W. Eldred: Make Money with Flippers, Fixers, and Renovations (Make

By Gary W. Eldred

ISBN-10: 0470183446

ISBN-13: 9780470183441

ISBN-10: 0470288280

ISBN-13: 9780470288283

Earn a living with Flippers, Fixers, and Renovations, moment variation indicates you the way to show decrepit houses in moneymakers. You?ll study all of the basics, together with tips to repair and turn, create further worth, outperform the contest, find nice bargains, increase funds, and masses extra. Plus, this re-creation unearths the simplest concepts for flipping new development and discovering pre-foreclosure houses for super-quick turnarounds. long term traders will locate new recommendations for developing price and handling homes.

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Extra resources for Make Money with Flippers, Fixers, and Renovations (Make Money in Real Estate)

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Even if I had originally bought a new condo at a price 10 percent below market, the houses I bought at market value would still have proved the more profitable investment. The Appraisal Process Shuns Entrepreneurial Vision As an entrepreneurial fi x-up investor, discover those properties (or locations) that offer (or could offer) unique features that a select target market of buyers (renters) would value highly. The appraisal process provides clues toward this goal Very few only by chance, not design.

Broaden your perspective. When you survey the sales prices (or rent levels) of competitive properties, look for those striking and unique differences that really give some properties a distinct competitive edge. Appraisers follow the appraisal process. indd 25 2/21/08 4:13:01 PM 26 MARKET STRATEGY TRUMPS MARKET VALUE and love similarities. As an entrepreneur, view the market from a contrasting perspective. Find or create those differences that really make a startling, advantageous difference to your buyers and tenants.

You will find that few have earned their fortunes by picking up properties at prices 30 percent below their current market value. From time to time, all of us do score such bargains. But over a career, to build wealth, we most want to gain appreciation, create value, and, for rentals, generate positive cash flows. You Need More Market Data To achieve rehab and investment profits, follow the appraisal process and research past sales prices of properties whose features and locations closely match the properties that you may buy.

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Make Money with Flippers, Fixers, and Renovations (Make Money in Real Estate) by Gary W. Eldred


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