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Fixer-Upper Fortunes
by Sal Vannutini
Category: Personal Finance/Business
Description: Ever want to make money buying houses, fixing them and turning around and selling them for a profit? Sal teaches you exactly what he did to turn around a $43,969. profit in just 3 weeks time even if you've never used a paintbrush! Here's a taste of what you will learn: How to develop a "game plan" that guarantees your success, The best way to finance your fixer-upper, ow to use contractors to do the work and still make a handsome profit and more.
eBook Publisher: MH Publishing,
eBookwise Release Date: September 2004
 
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Available eBook Formats: OEBFF Format (IMP) [97 KB]
Words: 20757
Reading time: 59-83 min.
Real estate is one of the oldest forms of investing known to man. As our nation's population continues to rise, so does the value of land. This is great news for investors because real estate will continue to offer one of the best investment opportunities for many years to come. Incredible profits can and are being made by purchasing run-down houses and improving their value from quick renovations. Newcomers to this field are advised to devote considerable time to research and study. Before you test the waters, there are four factors that you should consider: You must know something about remodeling and get an idea of how much it will cost to get the house back into shape. Consider what you will be able to do yourself and what it will cost if you have to have it done. The location and design of the home are two of the most important factors to consider. Study the neighborhood, shopping and transportation facilities. You make your profit when you buy. Pay too much and you will lose money when reselling. You should always finance the project in the most inexpensive way, and use very little if any of your own money. In writing this manual, I have attempted to share with you the highs and lows of fixing up houses. It contains powerful strategies that could make you a fortune in real estate, if you apply them.
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