Synopsis A house can be a great investment--and a fixer-upper can be a greater investment. In this real estate and home improvement guide, celebrity TV host Michael Corbett offers a savvy and grounded course in the daunting and somewhat complex process of turning a "diamond in the rough" into a second income stream.
Corbett is up front about the true costs of home ownership and mortgages, and about the importance of first putting our financial affairs in order, and why we should. He explains the roles of the many people involved--realtors, agents, bankers, lawyers, contractors, handymen--and how to deal with them. He provides tables and charts for computing the financials, and he provides many sketches and drawings of spatial issues. Mostly, he offers a wealth of advice on how to turn a former ugly-duckling house into something someone else will want to purchase. Corbett includes many helpful tips, such as "do not schedule a closing on a Friday," and he explains when it is right to cash out and how to take advantage of the many tax breaks relating to flipping. Real estate always appreciates, they say, and Corbett's book encourages readers who have mastered the game to pursue this activity again and again, as he did.
| Details | | Publication Date: | 2006-01-31 |
| Size | | Length: | 329 pages | | Height: | 8.5 in | | Width: | 5.5 in | | Thickness: | 1.0 in | | Weight: | 11.2 oz |
Publisher's Note The popular home expert and authority on the art of flipping real estate shares a collection of strategies, tips, and insider techniques designed to help novice home buyers make a profit in the real-estate market, offering a step-by-step overview of the entire process from initial purchase to final sale. Original.
Industry Reviews "Before-and-after photographs enliven a fairly high-powered text, as do a bundle of flip tips and trade secrets....Chock-full of value-added information...." (02/15/2006)
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