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I need the content of a good real estate development

Sent to General Experts April 25 2007 at 1:10 PM
   

I need the content of a good real estate development plan for single family buy, rehab and sell projects. Can you direct me to the proper source?

Customer (name blocked for privacy)
Status:  Closed   Value: $12
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April 25 2007 at 1:19 PM (9 minutes and 42 seconds later)
         
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Hi Sheri. It sounds like what you are interested in is a process called "flipping". The purchase of a home at a lower price because it needs some work, doing that work yourself, then selling it for a profit. This can get complex so I'm going to give you some links to information about how it's done, to a book you can order on the subject, (or get from your library) and even some courses you can take if you are so inclined. But, as with all things on the internet, buyer beware. I'm offering you theses sites strictly as information gathering devices and certainly not urging you to purchase anything from any of them. They should give you enough information about the process, however, to get you on the right track for checking out the possibilities in your local market. One more caution, as you know, the real estate market is currently in a big slump. So you must be very careful and plan ahead before considering purchasing any piece of property for any price, no matter how much or how little work it needs. You for sure don't want to buy one, put in your time and money fixing it up, and then not be able to make a profit on it. Just plan each step carefully, research your current market and always proceed with caution. I hope this helps but if you have more questions, just let us know and best of luck to you with it. Patricia

Click here: Flipping Real Estate for Profit

Click here: Amazon.com: Flipping Confidential: The Secrets of Renovating Property for Profit In Any Market: Books: Kirsten Kem

Click here: Flipping real estate by John T. Reed

Click here: Flipping Houses | Investment Real Estate Investing Tips | FlippingHomes.com



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April 25 2007 at 1:25 PM (6 minutes later)
         
Although the information was helpful, I am very familiar with the fliiping process. What I need is the bones of a good development plan to present to investors.
Customer (name blocked for privacy)
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