Agent

Pros and cons of flipping property for fast profits

New books reveal winning strategies

So far in 2004 there have been at least three excellent new real estate books about "flipping real estate" for fast profits. They are "Fix It and Flip It" by Katie and Gene Hamilton (McGraw-Hill, New York); "The Complete Guide to Flipping Properties" by Steve Berges (John Wiley and Sons, Hoboken, N.J.); and "How to Be a Quick Turn Real Estate Millionaire" by Ron LeGrand (Dearborn-Kaplan, Chicago). All are available in stock or by special order at local bookstores, public libraries and www.amazon.com. Maybe you are not familiar with the real estate terms "flipper" and "keeper." Purchase Bob Bruss reports online. A flipper property is held a few minutes, days, weeks or months and quickly resold at a higher price for a fast resale profit. But a keeper property is one held for long-term investment returns from both the rental benefits and the probable appreciation in market value. Flipper properties hold special appeal to new real estate investors who want quick resale profits. Many ...

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