PDF Ebook Fixing and Flipping Real Estate: Strategies for the Post-Boom Era
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Fixing and Flipping Real Estate: Strategies for the Post-Boom Era
PDF Ebook Fixing and Flipping Real Estate: Strategies for the Post-Boom Era
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About the Author
Marty Boardman is the owner and Chief Financial Officer of Rising Sun Capital Group, LLC, a private real estate investment firm in Gilbert, Arizona. His company fixes and flips houses throughout the greater-Phoenix metro housing market. He s been the principal in over 250 single-family residential real estate transactions since 2002, and in more than 65 since the housing market crash of 2008. Marty is also an accredited instructor for the Arizona Department of Real Estate and a national contributor to BiggerPockets.com, an online real estate investment magazine. His real estate investing articles have been published on AOL Real Estate and Realtor.com. He is a presenter at conferences devoted to real estate investment. He blogs at flippingphoenixhouses.com.
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Product details
Paperback: 240 pages
Publisher: Apress; 1st ed. edition (December 14, 2012)
Language: English
ISBN-10: 1430246448
ISBN-13: 978-1430246442
Product Dimensions:
7 x 0.6 x 10 inches
Shipping Weight: 15 ounces (View shipping rates and policies)
Average Customer Review:
4.5 out of 5 stars
33 customer reviews
Amazon Best Sellers Rank:
#354,804 in Books (See Top 100 in Books)
I found this book from Marty Boardman's articles on BiggerPockets.com. I enjoyed his stories, humor, and real world knowledge. If you're new to real estate, you should check out biggerpockets and Marty's blog. Some of his posts there are in this book, so it's a good way to know if you'll enjoy the book.Marty breaks Rehabbing into four boxes, or categories: Acquisition, Rehab, Sales, and Raising Capital. Each of these categories has examples, stories, mistakes, and the nitty-gritty details you need to succeed in rehabbing. He doesn't hold anything back or try to sell you a $400 course or coaching seminar at the end like so many others in this industry.I now feel confident that I understand the process and steps it takes to rehab a property in this post-boom market. To be honest it's a lot of hard work and this book takes the glamour out of it. If you're looking for the sexiness of fixing and flipping, stick to reality TV and keep telling yourself "that looks easy, I could do that." It's not, and this book helps you understand upfront exactly what you're getting yourself into.
The fixing and flipping of properties is correctly described as a business in here, it's not so much an investment strategy (although it's a good place to start building a portfolio of properties of course).I appreciated how the author explained how the business of flipping isn't so easy, you can't just go out and buy something, make a few trips to the home center and get rich. The markets are too savy for that. You're likely to lose your shirt.I'm in the construction business and have been in and out of it since the early 1980's, so I know what he's talking about.Most people that got rich on real estate that I know in real life followed this plan: Buy & Rent Foreclosures: 3 Million Net Worth, 22,000 Net Per Month, In 7 Years...You can too! and often sold a lot of their rentals when the markets were screaming.So, that said, if you're looking to become a flipper, you'd better read this book (and probably some more like it) it's a tough gig.
Marty Boardman came through with an excellent book on flipping real estate.There are so many books on this topic that are theoretical, providing plenty of motivation, ideas, and vague mottos but totally lacking any how-to substance. That isn't the case in this book. The author goes through the entire process, from early research and preparation, to finding properties and giving suggestions on what to look for and what to avoid, progressing through the purchase and repairs, and concluding with the eventual sale.He doesn't hide anything, this book bares it all on the table. Best of all, it is one of the few books on this subject written after 2008, so it covers newer technologies, reasearch aides, and buying procedures. I've read a lot of real estate books and I'm comfortable saying this is one of the best you'll find if your goal is to start flipping properties.
My husband is going to be retiring soon and we've decided to investigate Real Estate investing as our next joint project. Although we have family members who are Real Estate professionals, he and I only have the familiarity with buying and selling Real Estate that we gained via buying and selling a succession of family homes. So, I decided to start reading about Real Estate investing to figure out if this is something we really want to do, and Marty Boardman's was the first book I read. It is easy to read, but full of really solid basic information. It is perfect for someone like me who needs foundational information. I don't know that it would be useful for an experienced investor, but that's not the target audience. The book is broken down into the four areas of flipping houses and explains each one in great detail. If you're looking for a basic how to get started, this book will definitely be helpful.
This book is more valuable than any boot camp weekend or Private Mentoring that would cost thousands of dollars. Marty lays it all out there with much detail, unvarnished truth, and in a humorous style. It's obvious that he really knows what he is talking about, rather than just trying to sell a book and fish for people to up-sell boot camps to. If after reading this book you still think flipping houses is a walk in the park then you weren't paying attention! He's giving the reader the opportunity to learn from his mistakes, which could save you a ton of money, and perhaps even friendships and your marriage. Thank you Marty Boardman for an excellent Book!
I just began reading this book and it is an excellent read and highly recommended for anyone interested in real estate investing via fix and flip. He also gives pointers on other real estate strategies such as wholesaling and rental properties. Overall great book so far.
This is a quick book to get through even though it covers a lot. Most of the advice is well considered and it seems the author has a lot of experience. I found it a great review as I had been out of the field since 2007 and wanted to catch up on some of the new practices in the field. It is a little light on what it's like to actually find a property to work with (IMHO), but does shed a lot of light on the purchasing and flipping process.
I picked up this book after hearing an audio presentation of Marty Boardman then a podcast where he told his story and explained his "Four flipping boxes" approach. This book is great for investors of all levels, especially people like me who are just getting started and are looking for someone to explain the nuts and the bolts of flipping, without the extra fluff and salesmanship that you see in other programs.Definitely worth picking up - this book is especially great since it is tailored to flipping strategy after the 2008 market bust, very few books I've researched are as recent and relevant as this one.
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