Download PDF by Kemp K. : Flipping Confidential: The Secrets of Renovating Property

By Kemp K.

ISBN-10: 0470068353

ISBN-13: 9780470068359

Actual property is not just for the wealthy! And this e-book proves it. In Flipping exclusive, Kirsten Kemp, the host of TLC's runaway hit convey, estate Ladder, offers first-time traders the counsel and inside of the best way to purchase reasonable, repair quick, and promote excessive. With a good angle and a hefty dose of humor, Kirsten Kemp walks you thru each step of a winning flip—from discovering definitely the right apartment to getting your financing so as, from making significant advancements to pricing the house to sell.If you have ever noticeable estate Ladder, you recognize that effectively solving and flipping a estate could be a deeply profitable experience—both individually and financially—when you do it correct. Kemp makes certain you do it correct in Flipping private, revealing the entire within wisdom she has gathered as a winning flipper.

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

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A caveat: Even if you are willing to provide all the preceding incentives, don’t give up the farm immediately: Figure out three things you would be willing to offer and start with one or two. This leaves you some negotiating power in the likely event of a counteroffer. Lowball Offer The second way to score a deal is by making a low-price offer. Your best bet here is a house that has been on the market for a while with little or no activity (Realtor-speak for genuine offers). “Days on market” (DOM) is public information— simply ask the Realtor who has the listing.

These inquiries appear on your credit report and are included in your FICO score. However, multiple inquiries from auto or mortgage lenders within a short period are treated as a single inquiry and will have only a minor effect on your score. If your FICO score rocks, you’re good to go. But if that number is mediocre, miserable, or MIA (missing in action), you’re going to need some help. Having no credit score can be as harmful as having a lousy one. Were you raised to be the credit-leery, cash-only type?

I’m a mom with two children (ages 3 and 5), a national TV show, a design business, and a gaggle of real estate and design clients. I have sat on the boards of countless charities and nonprofit organizations, and I volunteer my time at my kids’ schools whenever I get the chance. It’s a balancing act, and some days I’m better at it than others. But I love what I do, and I love the satisfaction I feel when I do a great job. I want you to have that, too. Taming the flipping beast is just the first of my goals for both of us.

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


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