Flipping houses isn’t as lucrative as it used to be. You can still flip a house now and then, but the days of flipping 20 houses per year are long gone unless you’re a seasoned investor with unlimited funds. This course is written for individuals who plan on doing most of the renovations themselves in order to flip a house now and then.

If this is your first flip, the last thing you should do is watch reality TV.  Television shows have over glamorized the serious business of flipping houses. The TV shows have unlimited funds and can pay whatever it costs to renovate a home. The stars also seem to have an uncanny ability to sell their remodeled homes for above market price. Don’t assume you’ll have any such luck. If you don’t do your homework, you’ll be stuck with a home that’s worth thousands less than market value and probably end up holding onto it for years.

Flipping houses can be divided into three main projects – Buying, Renovating, and Selling. It’s sounds easy, doesn’t it? Don’t believe it for a second. Buying a house is the only easy step. Renovating and selling it will cause stress you can’t possibly imagine until you’ve been through the entire process. There are fairy tale stories of people who flipped a house and made a fortune doing it.  However, for every success story there are dozens of individuals who wish they’d never heard of flipping a house.

The lessons in this course cover the three main steps in flipping a house – buying, renovating, and selling. Since renovating the house will be the most stressful, we’ve included multiple lessons on the various remodeling projects you might be faced with. Of course, if you intend to hire contractors to do the renovations, you probably don’t need to read this course. You already have your course of action planned out, and you obviously have tons of cash to cover the cost overruns and wonderful other surprises that contractors will add to this stressful mix.