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|  | |  | | | Buy It, Fix It, Sell It...PROFIT | | | | | SKU:
1002908969 | | In Stock | | Availability:
Usually ships in 1 business days | | | | | | In Buy It, Fix It, Sell It...Profit!, real estate investor and rehabbing expert Kevin Myers presents all-new insights on how to create a quick turnaround in your investments by renovating properties for profit. Beginning and experienced real estate investors will benefit from the new and improved real estate rehabbing techniques to develop a high-profit, low-overhead business. This expanded edition discusses property inspection, tax issues, funding projects, and maximizing profits. Buy It, Fix It, Sell It...Profit! is a hands-on guide sprinkled with inspirational stories for those who want to create a financially secure future.
Judged to be among the top 10 real estate investment books by Wall Street Journal Online. | | | |
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| | Product Details | | Author: | Kevin Myers | | Paperback: | 320 pages | | Publisher: | Kaplan Publishing | | Publication Date: | July 15, 2003 | | Language: | English | | ISBN: | 0793169380 | | Product Length: | 9.18 inches | | Product Width: | 7.26 inches | | Product Height: | 0.72 inches | | Product Weight: | 1.16 pounds | | Package Length: | 8.8 inches | | Package Width: | 7.2 inches | | Package Height: | 0.7 inches | | Package Weight: | 1.15 pounds | | Average Customer Rating: |  based on 51 reviews |
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| | Customer Reviews | Average Customer Review: ( 51 customer reviews )
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Most Helpful Customer Reviews
71 of 72 found the following review helpful:
 Practical Apr 26, 2004
By J. Daily
As other reviewers have said, this is written for the layman. Maps the flipping process out and tells you how to do it in easy to understand language. A great starter book. Covers what to look for, working with an R.E. agent, appraisals, foreclosures, purchasing for cash(and how to get it), using private morgage lenders(the hard stuff!),negotiating, inspection, renovation, hiring contractors, and how to sell quickly for top dollar. The final chapter delves into some more advanced strategies. I'm just now getting into "flipping" books and this is one of the best.
106 of 111 found the following review helpful:
 Forgot something? May 21, 2000
Meyers wrote this book in 1998 but apparently decided to ignore the tax liability of flipping houses. The 1997 Tax Act will have a serious impact on anyone who follows Meyers method of getting in and getting out as quickly as possible. Ignoring the possible 39% taxes a short term flipper has to fork over makes Myers examples too rosey. The book does give great ideas as to where to look for bargins and how to obtain financing. This book is not meant for anyone who buys and holds but only for those who buy and sell. Flippers beware...pay attention to your tax situation. Read Irwin's guide to the 1997 Tax Act.
125 of 132 found the following review helpful:
 Beginners: this is your book. Jan 26, 2004
By The Poe Toaster
I read "Flipping Properties" by William Bronchik and Robert Dahlstrom and I wish I hadn't even read it, let alone bought it. This book by Kevin Meyers is much, much, much better for beginning investors. It tells you what you need to know without delving into a bunch of pretentious real estate legal and technical jargon that's only designed to confuse and intimidate the reader like Bronchik and Dahlstrom's book. Also, this writer actually knows how to write linear paragraphs which is something those other two clowns could really use a lesson in. I highly recommend this book for the beginner who wants to generate some instant cash profits in real estate. If you read Bronchik and Dahlstrom's book and you don't know much about real estate, you're gonna get to the end of it thinking "I'll never be able to do this." Instead, read this book by Meyers. It's better, it's written better, it's more readable, it's more comprehendible, it's everything that other piece o' crap isn't. Get it.
81 of 85 found the following review helpful:
Puts all of the pieces of the puzzle together Jul 06, 1998
If your interested in reading an instructional book that putsall the pieces of the puzzle together concerning the process ofrehabbing properties, then this is the book for you. This book is a must for yo ur library if your in the business of fixing up properties full - time, part - time, or just plain interested in getting started. Kevin Myers does an excellent job of explaining the entire rehabbing process from start to finish. These are just some of the topics he covers in his book: outlining a plan for success, working with your real estate agent, where to get the money to get started, street smart negotiating , and several more comprehensive topics that will surely set you on a path towards success. This is by far the best instructional book I have read to date concerning the process of rehabbing properties. I highly recommend it!
66 of 69 found the following review helpful:
 Not bad, looking forward to a less dated edition... Apr 01, 2004
By Barry Cotton
Anyone spending the enormous amount of money needed to buy property can't frown at $13 for a reference book, if they can glean anything from the book. This guy definitely isn't a writer but the book did contain some good tips. Do yourself a favor and make sure you buy the newest addition - I picked up the '97 and it was extremely dated. My other issue with this book is he uses examples with very unrealistic dollar figures, even if adjusted for inflation. Do you think you're going to buy a $100,000 "handyman special" and renovate it until it's in "doll house/sparkling condition", with that renovation to include a new roof, updated baths, complete kitchen remodel, paint, carpet and landscaping...all for $9,000? Good luck. The roof alone could cost that much and certainly the kitchen is going to run more than $1800 if you're replacing cabinets; even if you were to buy the cheapest of the cheap materials and do the work yourself, in which case the end result would look cheap. To his credit, he harps on the fact that you need to do your homework and estimate all the rehab costs to build them into your offer price - but if you're new to this don't get sticker shock when your estimates for all the above items come in more in the $25,000 neighborhood. One thing I tend to disagree with is his contention that you shouldn't even consider doing the work yourself. If you're starting out and building relationships with subcontractors I think an advanced do-it-yourselfer can do almost anything, you have so many resources available to you with Home Depot, TV and the internet. The key would be getting things done quickly, so maybe farming out the time consuming and dangerous work is okay, but you can do the other stuff yourself much cheaper. Of course, after a few houses and once you've got a HVAC guy you trust, a plumber and electrician you trust and possibly drywall and paint guys you trust, you might take the advice of the book and spend your time looking for the next house.I did find this book useful enough that I'll be buying the 2003 edition today, you just need to look at it as another resource and not the rehabber bible.
See all 51 customer reviews on Amazon.com
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