Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market

Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market
by Kirsten Kemp

Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market
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Book Summary Information

Author: Kirsten Kemp
Edition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2007-03-23
ISBN: 0470068353
Number of pages: 240
Publisher: Wiley

Book Reviews of Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market

Book Review: GREAT book for the novice flipper
Summary: 5 Stars

I am thankful to Kirsten Kemp for writing such an honest, to the point, and reader-friendly guide to flipping houses. It really is such an easy read, which is important when in the early stages of determining whether or not a career in flipping is for you. Honest and useful outline of the basic process and lots of pitfalls to watch for, including personal stories of mistakes she herself has made. This book really helped me understand what I am getting myself into by setting my sights on the goal of flipping homes as a career. It is NOT as easy as it looks on TV- yes, those shows can make people look so stupid you may be CERTAIN you can do it just as profitably if not more so, but KEEP IN MIND- most shows on now were filmed a year or two ago when the market was ridiculous. It has taken a nosedive and much more pragmatic and calculated investing will be required to make money. Kirsten Kemp does not lie or encourage those who may not enjoy or be able to handle the risks, stress, time and money commitment involved. She is honest with how it has impacted her personal life, even including a somber story of a pregnancy she lost while under extreme pressure during a flip. This is not a job for the weak at heart, and while I'm sure other books will be more helpful in specific cost/benefit analyses, number crunching, and step by step techniques for do-it-yourself aspects of a flip, this is the book to read to help you decide if you are cut out to take the plunge into real estate. There are lists and tips that I'm sure I will be photocopying and using for years to come.

Summary of Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market

Master the art of flipping with KIRSTEN KEMP, host of the hit TV show Property Ladder!

"This book establishes a new standard for real estate authors. Kemp gives her readers delightfully written prose packed with her wealth of experiences. She lays out so many profit-generating (and loss-avoiding) ideas that while reading the manuscript my highlighter never got a rest."
?Gary Eldred, Trump University Professor of Real Estate, coauthor of the bestseller Investing in Real Estate

Real estate isn't just for the rich! And this book proves it. In Flipping Confidential, Kirsten Kemp, the host of TLC's runaway hit show, Property Ladder, gives first-time investors the guidance and inside tips to buy cheap, fix fast, and sell high. With a positive attitude and a healthy dose of humor, Kirsten Kemp walks you through every step of a successful flip--from finding the right house to getting your financing in order, from making big improvements to pricing the home to sell.

If you've ever seen Property Ladder, you know that successfully fixing and flipping a property can be a deeply rewarding experience--both personally and financially--when you do it right. Kemp makes sure you do it right in Flipping Confidential, revealing all the inside knowledge she has amassed as a successful flipper. You'll learn how Kemp became a successful flipper and much more, including how to:

  • Get started with little savings or free time
  • Find great leads and follow up on them
  • Clean up your credit and find financing
  • Sign up a great agent, lender, or contractor
  • Learn when you can do it yourself, and when to hire a pro
  • Keep costs down during renovations
  • Set schedules and plan for costs and fees
  • Master home staging for higher profits
  • Manage mistakes before they become disasters

Real estate is the key to your financial freedom, and flipping is the fastest way to unlock that door. If you want to get out of the office, be your own boss, spend more time with your family, and make a truckload of money in the process, this is the ultimate guide to your new life. The key to financial success isn't a secret, it's Flipping Confidential.

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