Fix It and Flip It: How to Make Money Rehabbing Real Estate for Profit

Rating:
Summary: Book is for consumate DIY
Review: There are arm full of books in the market place that are better than this book, and yes some that are worse. I'm surprised that the authors have a radio show. Just goes to show you if you're persistent, you can obtain anything in life. There are many authors who would make better radio show hosts, but the activities that they participate in are probably more renumerative.

The book would appeal most to those who for lacks of funds or mindset wish to do all the rehab work themselves and will only acquire a house once every year or two. There are much better ways to make money as a real estate investor of homes and make your time more productive. To that end the book provides some useful guidance on contracting with a contractor, if you elect to go that route, and tips for cleaning up a house. Is the book worth it's price? Depends on your mindset and how much you value the money to buy the book. My suggestion would be to read a library's book first, and then decide if you want to buy it.

Rating:
Summary: Too general and basic
Review: This book is too general and basic for my needs. I don't think I'm that smart, but I didn't need to buy the book to get most of this info. I knew it already. Guess I expected a lot more.

Rating:
Summary: A 30,000 foot overview of the subject
Review: This book provides a basic overview of the process for those contemplating real estate investing. Don't expect to find in-depth guidance, but rather simple one or two paragraphs on each of the topics. I literally read the book cover to cover in one day. In my opinion the writers spend too much time describing obvious processes for cleaning a house, etc and not enough time on finance alternatives, risk assessment, etc...

A large portion of the book describes the process of buying, occupying and rehabing a house and then selling it. Therefore, those interested in a higher turnover rate of properties, and those seeking higher rates of return, might be better served by looking elsewhere.

The last few chapters describe a day by day timeline of rehabing properties purchased or occupied under several different scenarios. This section does a great job cutting through the "glamour" of being a real estate investor, and highlights the unappealing aspects of the basic drudgery involved in rehabing a property.