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

By Bruce Klatt

Book Overview

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.

• Format: Paperback
• Language: English
• ISBN: 0071414339
• ISBN13: 9780071414333
• Release Date: March 2003
• Publisher: McGraw-Hill Companies
• Length: 336 Pages
• Weight: 0.96 lbs.
• Dimensions: 0.8" x 5.9" x 8.9"

Customer Reviews

A Great Book

This is a great book that will pay for itself! I do not see why people are complaining that this not a flipper book - because it's obviously not a flipper book in any way! The title clearly says Investing in Fixer-Uppers : A Complete Guide to Buying Low, Fixing Smart, Adding Value, and Selling (or Renting) High. It does not say buy a piece of trash, paint, and sell it to the next gullible sucker. (i.e. the mentality of most...

This book is worth $46,000.00. Here's what it did for me:

I have read this book 5 times now, and am putting his strategies to good use. Using Jay's strategies, I just fixed up an older house in my neighborhood. With 3 month's part time work, (I also teach 3rd grade) I now have 28k in equity, and 209.00 per month positive cashflow. The house was even owner financed, 2% down, and deferred payments too! (Jay's strategies). Next week, I will close on a second rental property for $46,500,...

Lots of good content

The negative reviews on this book are way off. I've read many real estate investing books and most of them talk about all the wonderful deals they've made and how you can do it to... but never give you DETAILS. Jay gives lot of good information and shows you how to cover your ass so you don't make the mistakes that a lot of R.E. investors make (overpaying, over-estimating income, under-estimating expenses, believing what...

I really...

dont see the other reviewers beef with this book. Nowhere on the cover does the book mention anything about flipping. I also wonder if they bothered to read it. It clearly does not advocate becoming a "slum lord". It recommends against investing in these types of properties. It does recommend investing in older neighborhoods, in fact on pg. 97 it breaks down the 5 general types of areas or neighborhoods in most towns...

taking advantage of opportunities

tons of practical advice. it picked up where the books, "housewise" and "investing and real estate" left off. gives you a great deal of inside information, plus realistic plans and worksheets before you take the plunge. his various angles on saving money is a definite read.