Ebook Find It, Fix It, Flip It!: Make Millions in Real Estate--One House at a Time, by Michael Corbett
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Find It, Fix It, Flip It!: Make Millions in Real Estate--One House at a Time, by Michael Corbett
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Michael Corbett is the�best selling author and Real Estate Expert for NBC's EXTRA,�EXTRA's Mansions and Millionaires, ABC's THE VIEW,�FOX News and GOOD DAY LA.� He a�regular�contributor�to CNN, TIME.com, SMART MONEY Magazine, FOX Business, Yahoo Real Estate and BankRate.com. �Michael is also the real estate expert and�contributor�to the real estate website Trula.com
In this book he shares his strategies, tips, and never-before-revealed insider techniques that have helped him make a fortune in real estate no matter what the market is doing!�
Especially in Today's Market, it is essential to lean how to be smart, safe and conservative when flipping.� This book is for aspiring flippers, first-time home buyers, or any homeowner who wants to create big profits and own their ultimate dream home—mortgage free! Starting with the essentials, Corbett shares how to crunch the numbers to instantly determine a house's profit potential. He teaches you how to streer clear of the "no money down gurus"� by teaching you the safe and practical strategies you need to know in this market. He then covers every step from purchase to sale:
• Learn to take advantage of Today's Market opportunites
�� Get the profit-making house at the price you can afford
• Make the improvements that make you millions
• Insider secrets that save you thousands
•�Safeguard your profits from the market's ups and downs
• Sell your home tax free and pocket the profits
Filled with practical tips, illustrated with before-and-after case studies and easy to use charts and worksheets, Find It, Fix It, Flip It! offers the insider expertise needed to tap into an exciting—and potentially limitless source of income and financial independence. Lean Real Estate the Right Way!
- Sales Rank: #139531 in Books
- Brand: Corbett, Michael
- Published on: 2006-01-31
- Released on: 2006-01-31
- Original language: English
- Number of items: 1
- Dimensions: 8.42" h x .78" w x 5.47" l, .64 pounds
- Binding: Paperback
- 352 pages
From Booklist
Much has been written about real estate these days, from inflated prices to the softening of the market. It can be difficult to sort the good from the bad, the reality from the hyperbole, but Corbett, television host and actor, manages to relay practical use-it-now information. What's his gig? Insider-type information and established methods that will drive successful deals. His hints include controlling every step of the process; including a closet for each room legally to be considered a bedroom; upgrading to high-tech digital thermostats; and avoiding FSBOs (for sale by owners). Before-and-after photographs enliven a fairly high-powered text, as do a bundle of flip tips and trade secrets. Occasionally, self-help verbiage creeps in, such as "give yourself the power to accomplish anything you set your sights on." Otherwise, chock-full of value-added information--enough, perhaps, to overcome a saggy real-estate venture. Barbara Jacobs
Copyright � American Library Association. All rights reserved
Review
What sets this book apart is�fixing up a rundown house by not only adding value, also improving the buyer's lifestyle. On my scale of one to 10, this superb new book, which cannot be recommended too highly, rates an off-the-chart 12.--Miami Herald
Armed with an effective strategy and empowering psychology, Michael Corbett shows us how to turn passion into profit.
--Anthony Robbins, author of Awaken The Giant Within
About the Author
Michael Corbett is the Real Estate and Lifestyle host of the nationally syndicated newsmagazine EXTRA. Utilizing his expertise in Real Estate, Home and Lifestyle, Corbett Hosts, created and produces NBC's EXTRA'S MANSIONS AND MILLIONAIRES!
An accomplished Best Selling Author, Michael is sharing his real estate expertise with his top selling books, Find It, Fix It, Flip It!: Make Millions in Real Estate....One House at a Time! and Ready, Set Sold!: How to Get Your House Sold Fast - for Top Dollar! (Penguin Group Publishing). His books have been on the Business Week's Best Seller List for 18 consecutive months!�And garnered his books the prestigious honor of being voted one of PUBLISHER'S WEEKLY - "Hot Titles to Watch". The LA TIMES named Michael the "Best Selling Real Estate Author last year."
Michael is a regularly featured real estate expert on LARRY KING LIVE, THE DISCOVERY CHANNEL, HGTV, LIVE WITH REGIS, CNN, ABC NEWS, FOX NEWS, THE FINE LIVING NETWORK, TYRA BANKS, GOOD DAY LIVE, CBS NEWS , PEOPLE MAGAZINE, NEWSWEEK, ROBB REPORT, LA TIMES AND NEW YORK TIMES.
Michael�lectures nationally�on the Real Estate and Wealth Expo's 12 city national tour with Donald Trump and Tony Robbins, Suze Orman, Robert Kiosacki , Tony Robbins and Dr Alan Greenspan.
In addition to his hosting, producing, writing and real estate talents, Corbett�also made his mark in daytime television,� voted "Daytime's Most Lovable Cad" by PEOPLE MAGAZINE, for his red hot starring roles in three different Soap Operas: RYAN'S HOPE, SEARCH FOR TOMORROW and THE YOUNG AND THE RESTLESS.�
A Real Estate Entrepreneur,�Michael has�been buying, renovating and selling homes for over 25 years. His company, Highland Properties, which he founded at the age of 21,� has bought, restored and sold dozens of homes and apartment buildings.
MichaelCorbett.com
Most helpful customer reviews
33 of 33 people found the following review helpful.
Inspiring and informative
By W. E. Head
I was overwhelmed with choices when I went looking for a book on house flipping. There are so many out there that it's hard to tell which book will be better than another. So, in all honesty, my friend convinced me to buy this book because of the "good looking guy on the cover". Not very scientific, but what a great choice it turned out to be. Once you get passed the "infomercial" feel of the beginning, the book is loaded with helpful information: How to chose a house; what formula to use to determine if the house can be profitable; making the deal; staging the finished house; color choices; curb appeal; re-sale strategies... The list goes on and on.
I highly recommend reading several book on the subject (do your homework) before entering into what is a risky endeavor and this book should be at the top of your 'must read' list.
130 of 146 people found the following review helpful.
About what I expected
By Kelly H
I am a licensed Realtor in the state of Minnesota. I have never personally flipped a house but have sold several fixers to clients and have renovated the home I live in. I read this book hoping to get some good ideas so I can get more involved in real estate investing. Overall the book did have some good information, and I felt the best parts were mostly on staging and decorating. As other readers mentioned it was a really quick read. The reasons I didn't rate it five stars are:
1) I don't live in California and the book was too specific to California. I would've liked some examples of properties outside of La La Land where values aren't so ridiculous and the profits so unrealistic.
2) The author uses way too many exclamation points! The title is just one example! Overused exclamation points make the tone of the book seem more like a motivational book! Repeat after me: "I can successfully flip homes for a living if I put my mind to it! I will be a wealthy and successful real estate investor someday!"
3) At least half of the book didn't pertain to flipping and just discussed a lot of general homebuyer info. Again, this is good if that's what you're looking for. I wasn't and found myself skimming those sections. He also could've been a little more generic in description because in many states we don't close in escrow, we sign disclosures before an offer is accepted, and inspection and financing contingencies work a little differently than he explains.
3) Pretty sure Coldwell Banker Burnet paid him to plug them so often in the book. Using an agent is essential for many people, but what if you decide to do this full time... wouldn't it really be worth it to get a license and save yourself the commission on both sides? In some states where the profit off these flips is much lower, saving thousands on the commission is huge. I get that he's writing about his experience and what's worked for him, but he doesn't even mention the possibility.
4) Holy ego. He name drops, tells us how he has broken comps on every house he's flipped, and makes it seem like he's doing us a favor by writing this fantastic book full of his secrets.
5) I would've liked a few more horror stories with information on how to salvage your profit if a serious issue comes up after you own the house. Flipping is not as easy as he makes it seem. Although maybe he did address this and the exclamation points and overly enthusiastic language distracted me.
Again I did really like some aspects of this book and will definitely utilize some of the checklists and tips if I decide to flip a house. Like most other "make millions in real estate" books, there are a few things I will takeaway and a bunch of crap I will forget.
79 of 87 people found the following review helpful.
Fantastic, easy to read, complete book on flipping
By Shane A. Brewer
"Find It, Fix It, Flip It" is an excellent book about the lucrative market of flipping real estate. Author Michael Corbett splits the book into 3 specific, logical chucks, specifically finding a flip candidate, how to go about fixing the property, and finally "flipping" it for profit.
The first section on finding flip worth properties was excellent. Michael does a very in-depth job of describing all of the different aspects of locating a property, performing analysis on the property to see if it could be profitable, creating a team, and surviving escrow. I was especially impressed with his profit calculator
Part two focuses on the repairs and renovations involved with the flip. The author does a fantastic job of splitting up all the various renovations that can be potentially done with the renovations that will result in profit upon sale of the property. I absolutely loved his sections on lifestyle upgrades, essentially renovations that will attractive a higher price due to the lifestyle the home gives.
Part three finishes up with the final flip. Here the focus is on dressing the home to attract buyers and create a warm atmosphere, and finally selling the house. Again I was very impressed with the ideas and lists that author Michael Corbett came up with.
In all, this was my first book on flipping, but I might not have to pick up any others. The lists and forms are fantastic and the book is complete. I highly recommend this book to the novice and the experienced flipper alike. 5 out of 5 stars.
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