The Complete Guide to Flipping Properties

by Steve Berges

Book Overview

Fix and flip single-family houses for quick profit--and long-term prosperity The Complete Guide to Flipping Properties offers proven, straightforward guidance for anyone interested in flipping properties for quick profits. This comprehensive guide to flipping will help any real estate investor design a detailed plan for achieving their financial goals as quickly as possible. Steve Berges, creator of the value play strategy, shows you step by step...

• Format: Paperback
• Language: English
• ISBN: 0471463310
• ISBN13: 9780471463313
• Release Date: November 2003
• Publisher: John Wiley & Sons
• Length: 229 Pages
• Weight: 0.65 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"

Customer Reviews

guide to flipping

Excellent book very easy read,very informative, would recommend this book. I purchased other books on the same topic but this was by far the best

Excellent Guide to Flipping

I've read most all of the books on flipping and rehabbing. This book is by far the best! The author uses many examples and provides step-by-step instructions that are easy for readers to follow. He also includes an entire chapter on how to actually find these properties which was really helpful to me. I was able to use this information to locate four houses over the last month and currently have one of them under contract.I highly recommend this book to both beginning investors and to those who are more experienced as the author seems to have a knack for writing to a wide range of audiences. Great book!

Another Great Book by Berges!

I read Berges' book The Complete Guide to Buying and Selling Apartments about a year ago or so and liked it so well I couldn't wait for him to come out with another book. His book on Flipping is every bit as good as the book on apartments. Berges provides a comprehensive and complete approach to anyone interested in buying and selling houses. He wrote about a similar topic, which he referred to as "the value play" in his apartment book. In the flipping properties book, Berges applies the value play strategy, which is to buy, add value, and sell, all in a very short period of time. The idea is to get in, get out, and make money! Although Berges covers one of the same topics Bronchick does, he does it in a different way which gives the reader another perspective. Authors write about similar topics all the time. There's nothing wrong with this. Berges also covered several topics that Bronchick did not. No harm there either. It's pretty clear to me that judging by their writing styles and backgrounds, Berges likes the finance end of real estate while Bronchick prefers the legal end. Maybe the two should consider teaming up!

Brilliantly written! Inspiring and insightful!

Steve Berges' book on Flipping Properties is well written, concise, and action packed! The author uses lots of stories from his own successes and shares with the reader what to do, and what not to do.Berges walks the reader through the entire process of flipping from start to finish. He describes the basic process of flipping, the different methods of doing so, and numerous financing and purchase techniques including a section on options.The author then goes into a much more advanced level of financial analysis and really helps the reader to understand property values by looking at several examples. I've learned more about real estate finance from this book alone than any of the other books on real estate I've read.I especially liked the concluding chapter of the book. Berges departs from the topic of real estate and discusses what he refers to as "The Three Principles of Power." Referring to these principles, Berges says, "You will be empowered to fulfill the measure of your creation, to reach your true potential, and to enjoy the generous gifts life has to offer. Your capacity to soar to magnificent heights far beyond the reach of the general masses will become infinite in scope, unlimited in magnitude, and vastly immeasurable by ordinary standards."Wow... Powerful stuff! Berges concluded his apartment book the same way, that is to say, with a motivating chapter like this one. This book is certain to become the Bible of Flipping!

Excellent! Realistic approach to flipping.

I just finished reading this book and I must say the author Steve Berges has done it again! I read his book about buying and selling apartment buildings which was very well written, so I decided to give this one a try. I wasn't disappointed as Berges really delivers on the topic of flipping. Not only does he describe in detail the underlying theory about the different types of flipping, but he supports it with actual examples.My three favorite chapters were Chs 3, 6, and 11. In Ch 3, Berges describes what he refers to as "the value play strategy" which basically has to do with creating value in investment properties and turning them for a profit. Ch 6 was an excellent chapter focusing on several examples which used detailed financial analysis to help really understand how to value properties. Most of all, he explains how to know when to buy a property or when to pass on it. The last chapter of the book, Ch 11, was not so much about real estate as it was about how to succeed in life, regardless of your chosen career path. Well done and inspiring. I really like this book because it leaves you feeling good about yourself and about your ability to accomplish your goals. In my opinion, the book is a must read for anyone interested in learning about flipping properties.