Читать книгу Flipping Houses For Dummies - Ralph R. Roberts - Страница 37

Buy low, do nothing, sell quick

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Occasionally, you stumble on a house that’s priced significantly below market value and requires few or no repairs. The property may be in foreclosure or perhaps is part of an estate that’s being liquidated, making the owner highly motivated to sell. By being at the right place at the right time with ready cash, a solid plan, and a friendly, approachable demeanor, you can pounce on the deal and put the house back on the market the very same day!

Sounds great, huh? Well, getting a house that’s far below market value is ideal when it happens, but being in the right place at the right time requires time, effort, and luck. You need to build a solid team (see Chapter 3 for details), do plenty of research, secure some solid investment capital (see Chapter 4 for tips on financing the flip), and be properly equipped to execute this strategy.

Beware of deals that are too sweet. A stranger who approaches you at an investment seminar with a hot tip on a piece of real estate, for example, may just be looking for a sucker to buy a property they got stuck with. Unless you know the market values in the area, see the house with your own eyes, and research the title (as I explain in Chapter 9), don’t take the bait.

Flipping Houses For Dummies

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