The Millionaire Real Estate Flippers (New Edition):  Flipping Fixer-Uppers:  How Anybody Can Buy, Fix and Flip Real Estate and Earn a Six Figure Income


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This Paperback Edition is specifically designed for easy study.

Book Details

Format:  Paperback

Size:  8.5" x 11"

Pages: 306

Authors:  M. Mitch Freeland and John Freeland

Publisher:  Las Vegas Book Company

Edition:  First Paperback Edition, September 2018

 

DISCOVER:  How you can flip real estate and gain the edge toward financial freedom.  It doesn’t have to be difficult

The Millionaire Real Estate Flippers is an indispensable

resource book that shows you “How to” Force Appreciation and Flip Fixer-uppers to capture phenomenal profits.

 

M. Mitch Freeland and John Freeland know how to flip properties.  With The Millionaire Real Estate Flippers they show you how to do the same with any property, in any market, in any economy—good or bad.

Explained by professional flippers and long-time investors, this book takes you into the field and up the ladder of real estate investing—flipping style.  It exposes the good, the bad, and the rightfully ugly, from mild fixer-uppers to the massive “el dumpos,” and shows you what to look for and how to profit like the pros.                  

Let Mitch and John explain the nuts-and-bolts, strategies and methods used to secure a real estate profit plan.  This book is the real “stuff” and it is destined to be among an investor’s closest companion….Guaranteed!

In The Millionaire Real Estate Flippers, you’ll learn how to:

§  Choose the best type of property starting out

§  Fix and renovate on the inexpensive side for maximum profit for small and large fixer-uppers

§  What materials to use and how to use them

§  Finance your properties quickly

§  Hire and manage contractors and sub-contractors efficiently, saving you thousands of dollars

§  Inspect property like a pro

§  Flip properties profitably every time

§  Make 50% + profit on every property you buy                                               

§  Locate great deals and turn opportunities into cash cows

§  Substantially Increase value to property (what’s needed and what isn’t)

§  Price, list and sell your properties for tremendous profit

Short-term or long-term, seasoned pro or just starting out, The Millionaire Real Estate Flippers are to the serious real estate investor as ammunition to a soldier or water to a farmer. This book is a required read for everybody seeking financial freedom and belongs in the library of every real estate investor. And it’s on target to be a real estate classic!  

 

Here’s a sampling from the Contents

INTRODUCTION

            A New Beginning

                Who Is This Book For?

                Why Are We Uniquely Qualified to Write this Book?

                How Do You Start on this Path of Flipping Real Estate

                Another Why?       

                Understanding the Opportunity

       

CHAPTER 1: The Best Type of Property for You….

                Advantages of Investing in Single Family Homes vs.

                Other Types of Real Estate

                Forced Appreciation Highlights for Choosing the Best

                Type of Property for You

 

CHAPTER 2:  Objective:  Short-term or Long-Term….

How Many Properties to Reach Your Goal?

How Much Real Estate Do You Want to Own?

How Much Monthly Income Do You Want?

How do you Make Money in Real Estate?

How Do You Make Money With a Short-Term Objective?

Flipping 

Short Sale

Quick Fix and Flip

Quick Fix and Rent Then Sell

Lease Option

How Do You Make Money With a Long-Term Objective?

Quick Fix and Rent

Hold Property

Inflation

Using Leverage for the Short and Long-Term

Short-Term Leverage

Long-Term Leverage

Forced Appreciation Highlights for Objective:  Short-Term

or Long-Term

 

CHAPTER 3:  Fix Up: Small Job or Large….

What are the Advantages of Small Fixers?

What are the Disadvantages of Small Fixers?

What are the Advantages of Large Fixers?

What are the Disadvantages of Large Fixers?

Forced Appreciation Highlights for Fix Up:  Small Job

or Large

 

CHAPTER 4:  How to Fix Economically….

Material Costs

Labor Costs

Doing It Yourself

Biggest Bang for the Buck

Where should you shop for inexpensive items?

Lowe’s and Home Depot 

Wal-Mart 

Sam’s Club and Costco 

99 Cent Only, Family Dollar and Dollar General 

Harbor Freight Tools

Lumber Liquidators

Sears

Distributors and Wholesalers

Barnett Pro Contractor Supplies

Castle Wholesalers

HD Supply Facility Maintenance

Grainger

Local and Regional Hardware and Specialty Stores  

Nursery and Landscaping Supply Stores 

Appliances:  What appliances should you include with

the property?

Appliance Parts and Repairs

The Price for Convenience

Where to Start on the Fix Up

House Interior

Removing Garbage

Demolition

Functional Obsolescence

Kitchen

Remove All Old and Outdated Appliances

Counter Top

Cabinets and Base

Cabinet Knobs and Handles

Plumbing Hardware and Sinks

Lighting Fixtures

Paint

Flooring

Electrical

Appliances

How to Create a Great $2,000 Kitchen Rehab

How to Create a Great $4,000 Full Kitchen Rehab

Bathrooms

Tub and Shower

Sink and Vanity

Plumbing Hardware

Toilet/Tank

Towel Bars, Shower Rod and Paper Dispenser

Mirror and Medicine Cabinet

Lighting Fixtures and Fan/Lights

Paint—Bathroom                                                                                          

Flooring—Bathroom

Living Rooms, Dining Rooms and Family Rooms

Lighting

Paint

Electrical

Flooring

Master Bedroom and Bath

Lighting Fixtures

Paint

Electrical

Flooring

Closet

Crown Molding

Master Bathroom

Hallways

Lighting Fixtures

Paint

Electrical

Linen Closet

Utility Room

Paint, Electrical, Plumbing

Cabinets

Flooring

Clothes Washer and Dryer

Hardware

Door Hardware

Window Hardware

Doorstops

Window Treatment

Blinds

Drapes and Curtains

Air Conditioning and Heating Water Heater and

Smoke Detectors

Air Conditioning and Heating

Natural Gas Heating

Water Heater

Smoke Detectors

House Exterior

Roof

Paint

Windows

Painting Windows

Replacing Windows

Replacing Glass

Porch and Front Entryway

Porch Paint

Porch Light

Mailbox

House Numbers

Doorbell and Knocker

Welcome Mat

Driveway

Concrete

Asphalt

Brick Pavers

Stone Pavers

Gravel

Fencing

Wood Privacy Fencing

Picket Fences

Block Fences

Chain-Link Fences

Wrought Iron Fence

Aluminum Fence

Landscaping

Sprinkler System

Planters

Sod

Flowers, Decorative Plants and Shrubs 

Trees

Landscapers and Landscape Architects

Forcing the Appreciation

Items That May Be Installed to Increase Appeal and Value

Missing or Damaged Items You May Not Need to Replace

It’s Your Money

Forced Appreciation Highlights for How to Fix Economically

 

CHAPTER 5:  Flipping

What is Flipping?

What Kinds of Flips are There?

New Home Sales

Plain Flip

Quick-Fix and Flip

Wholesale Flip

What Problems can Arise?

Carrying Costs

It Needs some Seasoning

Unexpected Repairs

Forced Appreciation Highlights for Flipping

 

CHAPTER 6:  Pricing for a Quick Sale….

Price it Right

It Must Be in Great Condition

Be Flexible with Terms

Work with Lenders and Mortgage Brokers 

Hustle with Advertising 

The Multiple Listing Service 

Sell It Yourself with Open Houses 

How to Determine Your True Net Profit

Forced Appreciation Highlights for Pricing for a Quick Sale

 

CHAPTER 7:  Quick Fix….

            What would an investment property typically look like as a

            quick fix?

Landscaping

Paint

Flooring

Minor Repairs

Cleanliness

Inside and Out

Suit the Buyer         

Forces Appreciation Highlights for Quick Fix   

 

CHAPTER 8:  Escrow & The Settlement Statement    

The Escrow Process

Who can Hold Escrow?

All the Players

Negotiating after Inspection

What Is Your Responsibility?

Keeping Earnest Money

Accepting Offers with Contingencies

Buyer’s Financing Fails

Extending the Contingency Period

Copy of Rental Agreements and Permits to Buyer

The Settlement Statement

Reducing Settlement Costs

The Importance of Title Insurance         

Forced Appreciation Highlights for Escrow & The

Settlement Statement

 

CHAPTER 9:  Inspecting the Property….

                What Should You Have With You When You Are

                Conducting An Inspection

                Exterior

                What Do You Look for in A Quick Exterior Inspection?

                A Detailed Inspection

                Roof

                Paint

                Windows

                Foundation

                Structural Damage

                Porch and Steps

                Wood Rot

                Termites

                Chimney

                Air Conditioning and Heating Units

                Electric and Gas Meter

                Landscaping

                Planters

                Irrigation System

                Septic Tank

                Interior

                What Do You Look for In a Quick Interior Inspection?

                Detailed Interior Inspection

                Doors

                Door Hardware

                Paint

                Windows

                Water Damage

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