Investing in Fixer-Uppers : A Complete Guide to Buying Low, Fixing Smart, Adding Value, and Selling (or Renting) High

by Jay P. DeCima

Expert money-making advice from the nation's leading fixer-upper guru "Excellent book on the fixer strategy."--John T. Reed, bestselling real estate author "Filled with practical examples of how to profit from rundown fixer-upper properties."--Robert J. Bruss, syndicated real estate columnist Nobody wants to buy an ugly, decrepit, rundown house--which is exactly why they provide real estate investors with the best bargains! In Investing in Fixer-Uppers , nationally known real estate guru Jay DeCima reveals how investors can add thousands of dollars to the value of an "ugly" house. He discusses how to substitute personal skills for traditional down payments, strategies to profit without waiting for appreciation, and dozens of other value-adding tips.

Genres: Business

336 pages, Paperback

First published December 30, 1899

Reviews

[Brandon · Rating 5 out of 5]

This is a simple, straight forward explanation of how to make money flipping houses. Full of interesting and sometimes humorous experineces and sample documents, this book actually led me to negoiate the purchase of a small business. Since then, I have used the knowledge gained from this book to make many business negotiations and transactions, most of which were completely unrelated to real estate. But, when I'm ready to flip a house, I'll be greatful that this treasure trove is on my shelf!

[Dorothy Hann · Rating 4 out of 5]

It is a bit dated. Prices have really risen since this book was written. Interesting reading however, I think I would only invest in fixer upper if I was involved with someone in construction. I know myself well enough to know it is not my type of work.

[Abraham · Rating 5 out of 5]

This book outline's decima's formula for making money off of real estate. While some books choose to go the philosophical route and give you general concepts for you to figure out how to apply, Decima flat out tells you what to do every step of the way. He covers finding, fixing, renting and financing.

The drawbacks are that not everything will apply in every market. For example, I think the book is not very useful in nyc's current market, however for the other less competitive areas, defnitely!

I'm on my first house and looking into two more at the moment and I'm applying some of the stuff I read with this book.

[Aaron Schulhoff · Rating 5 out of 5]

Everyone should read this book especially If you're thinking about buying a house or becoming a land lord. It reads as if the words are being spoken by an old friend with insight who's willing to share with your benefit in mind.

[Nathan Huff · Rating 5 out of 5]

I read this book 10 years ago when I was still a baby landlord. I read it again last week and I have to say the advice in it is still as true as ever. It is a great book.

[April Ames · Rating 5 out of 5]

Very helpful! A bit outdated but still relevant.