Flipping Houses for Canadians for Dummies

by Roberts, Ralph R.; Kraynak, Joe; Cornell, Camilla

• ISBN13: 9780470157336
• ISBN10: 047015733X
• Format: Paperback
• Copyright: 2009-02-04
• Publisher: John Wiley & Sons Inc

Summary

Lay the foundation for successful flipping and bring home the bucks Want to flip houses? This no-nonsense guide gives you the inside scoop on buying, renovating, and selling property, with plenty of time- and money-saving tips to keep you on budget and on schedule. You get savvy strategies for negotiating deals, modernizing for maximum profit, marketing your home, avoiding common blunders, and staying afloat in a slow market. Make money in any market - discover simple guidelines that will help you to profit no matter what the economic climate Secure funding for your flip - explore all your options for the capital you need Build a budget - understand all the costs you may face and avoid any costly surprises Maximize your tax savings - get valuable tips on what expenses you can deduct Find buried real estate treasures - learn how to spot homes with untapped potential and how to buy homes from foreclosures and tax sales Buy property at the best price - find out negotiation secrets that will add thousands of dollars to your bottom line Renovate your property for maximum profit - make renovations that add real value to your home Market your home - dazzle prospective buyers with through marketing materials and home staging Open the book and find: Who you need on your team How to determine a realistic resale price Creative financing options What questions to ask before you buy How to buy foreclosure properties in the U.S. Which quick fixes enhance a home's value When to take on major structural enhancements How to negotiate the sale to maximize your profit