Flipping Houses For Dummies
Book image
Explore Book Buy On Amazon
When you're just getting started, be sure to pick an easy property to flip — a great house that's merely cosmetically challenged. Then make the following improvements:
  • Clean everything thoroughly.
  • Repaint the interior walls, all white.
  • Install new wall-to-wall carpeting where it makes sense to carpet.
  • Replace all light-switch and outlet covers.
  • Spruce up the landscaping.
The idea is to freshen up the house on the cheap to give it a nice, clean, manicured appearance.

If possible, time the sale for spring or fall, when demand is typically higher or be prepared for the house to linger on the market if you plant your For Sale sign in the winter.

About This Article

This article is from the book:

About the book authors:

Ralph R. Roberts has been investing in foreclosed properties for over 30 years. He knows every step of the process, from scouting properties to cashing out after the sale, from helping distressed homeowners keep their homes to buying those homes when the owners can no longer afford them. He also has assisted homeowners who have been taken advantage of by unscrupulous investors.

Kenneth W. Boyd has 30 years of experience in accounting and financial services. He is a four-time Dummies book author, a blogger, and a video host on accounting and finance topics.

Ralph R. Roberts has been investing in foreclosed properties for over 30 years. He knows every step of the process, from scouting properties to cashing out after the sale, from helping distressed homeowners keep their homes to buying those homes when the owners can no longer afford them. He also has assisted homeowners who have been taken advantage of by unscrupulous investors.

This article can be found in the category: