This book helped me out a lot in understanding what to do and what not to do in order to flip a house. I'm very interested in learning the process of flipping houses and building wealth for me and my family. Thank you for this book. I will recommend this book to anyone interested in flipping houses. This book right here is the golden ticket to learning more about flipping houses.

There's some good info here. As the title might suggest, it's a starting place, and won't tell readers everything they need to know, which is fine.

Thanks very much for the free review copy for review!!

I requested it thinking it would teach me how to flip a house by myself since that's what I'm trying to do but this book is better for those people that want to invest in flipping houses as their career. It's a business book, there are lots of information but yes you have to have money to do this. it's not a DIY project like we see on TV, you would need to hire a professional. It's an investment book.

House Flipping Fundamentals, Including How to Find, Finance, and Flip Great Properties for Profit
How to Evaluate Properties, Spot Red Flags, Lock In Winning Properties, and Navigate the Real Estate Market
How to Add Value to Properties by Renovating on a Budget and Maximizing Returns
How to Cash Out Your Flip, List Your Property, Entice Motivated Buyers, and Close the Sale How to Reduce Your Tax Liability, Manage and Minimize Risk, Build a Flipping Business, and More!

I received a free digital copy of this book from NetGalley in exchange for my honest review

This will be a very good guide for a very specific reader -- you need to have access to a LOT of money. Covington suggests getting a loan (bank or investors) to purchase a house for several hundred thousand to a million + dollars, then investing a whole lot more money (usually $100,000 to $250,000 more in her case) to hire people to gut it, remodel it, stage it, take professional photographs and list it. She uses other people for all of this -- agents, photographers, staging companies, general contractors, etc.

This is not a do-it-yourself kind of book for buying a really cheap house, doing the work yourself, and then selling it. This is fundamentally an investment book -- find cheap houses in very desirable locations (she is in San Francisco) and then spend a huge amount of money to make it into a really extravagant home and sell it. Then repeat. She has done this for over 40 houses and obviously had access to masses of money to start. She convinces people to invest in her and she also takes out loans, but since she makes hundreds of thousands of dollars on a single home (she buys and sells homes that are in the millions of dollars each), she easily has the ability to borrow these enormous amounts of money. She is also able to call it a good "learning experience" when she ends up losing $80,000 on a house.

Our family buys homes but it's not to flip. We have helped our grown kids buy their own properties for almost no money because we find neglected old houses and help the kids buy them with cash and fix them up themselves. We can't afford to pay for them to go to college but in our little town, houses are way cheaper than college. We got the first for $4,000 (and we moved to this tiny town to begin with because we bought our own large house for $2,000 almost 30 years ago). Lately, wannabe house flippers and landlords have been buying the cheap properties up trying to make a bunch of cash off of them, so it's getting really hard for working class families to find the fixer-uppers here. I couldn't help but kind of hate Covington for teaching people who already have lots of money to buy up houses that working class people could afford in order to turn them into fancy houses for other rich people.

If you do have access to millions of dollars in loans and want to do this to make more money, the book is a very good guide. This book is clearly written for people who either have a lot of money or who are natural born hustlers and salespeople who can convince other people to part with their money. For ordinary people, there's not much here.

I read a temporary digital ARC of this book for review.