If done correctly and with the right system, flipping houses should be a million dollar a year business. After doing hundreds of deals, the nation's most highly sought after expert reveals his exact system to find, analyze, renovate and sell houses earning $25,000 (or more) per deal. From construction worker to millionaire, Jerry not only shows you his comprehensive, step-by step system to flip 40 deals (or more) per year in any market, regardless of expertise or experience, you will also learn how to:<br><br>-Set up follow a step-by-step systematic approach to each aspect of the business<br>-Beat the competition to the best deals<br>-Consistently find deals each and every month<br>-Accurately estimate repair costs on any deal in 15 minutes or less<br>-Identify the ideal property and area to flip houses<br>-Sell your properties in 30 days or less<br>-Renovate a home with no delays even if you have no experience<br>-Select the exact materials and the design to attract the ideal buyer<br>-Organize and maintain a budget<br>-Effectively find and manage the best subcontractors to do all the work<br>-Determine the precise after-repair value (ARV) of any deal<br>-Find unlimited sources of other people's money (OPM) to fund your deals<br>-Put the system and team in place to leverage your time (remove yourself from the model)<br><br>Finally a practical, easy to follow approach to flipping houses. With dozens of examples and case studies, you finally have the blueprint to make a million dollars a year flipping houses…
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Jerry Norton. How to Make a Million Dollars a Year Flipping Houses
Chapter 1: Introduction to Fix and Flip
Chapter 2: Fix and Flip Buy Formula
Chapter 3: Raising Capital
Chapter 4: Evaluating the Target Buyer
Chapter 5: Evaluating the Target Area
Chapter 6: Analyzing the Exit Strategy
Chapter 7: Finding Deals
Chapter 8: Excelling at After-Repair Value (ARV)
Chapter 9: Marketing and Selling
Chapter 10: Estimating Repairs
Chapter 11: Managing the Rehab
Chapter 12: Accounting and Bookkeeping
Chapter 13: Conclusion – Catch the Vision
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Introduction: Hello, this is Jerry Norton, real estate expert, fix and flip guru, mentor and coach. In this book I’m going to explain my entire Fix and Flip system. It is the exact model I use and my students follow to achieve very high success and very high profits flipping houses. I want to commend you for taking action and reading this book. Before getting started, if you are an audio learner like me, then go here to get this entire book in audio format for FREE.
Let me tell about myself. I’ve been a full-time real estate investor since 2004. I currently live in Alpine, Utah, with my wife and six kids. I’ve completed hundreds of fix and flip transactions just in the past few years alone. I have a bachelor's degree in business and I am a licensed real estate broker. I sometimes have 10-15 deals going on at a time. My average net profit per deal is $25,000 to $50,000 and I’ve taught thousands of investors from all over the country my proven systems for flipping houses.
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Throughout this book I will also be giving you several free tools that are critical to your success flipping houses. Watch for links that will allow you to download these tools.
Importance of Focus: Before we get started I want to talk to you about the importance of focus. Most of you are familiar with the Pareto Principal, often called the 80/20 Rule. The 80/20 Rule basically states that 20% of our actions give us 80% of the results, and therefore 80% of our actions give us only 20% of the results. So let me ask you a question – what if you focused on the top 20% of your actions? What would happen? Obviously, you results would go through the roof. So, as I’ve taken this fix and flip process and outlined it here, I’m going to share with you the top 20% of actions that have brought me the greatest results, that 80%. Really what this is about is focus. I believe that focus is the key to great success and is even more important than effort, experience, or even natural talent. And I believe this wholeheartedly...the key to success is taking action and as you take action, an amazing thing starts to happen. You start to build momentum and as that momentum builds and builds, it’s phenomenal the results that you accomplish.
