10 Must-Read Books for Fix and Flip Investors
Editor's Note: This post was originally published in March 2019 and has been completely revamped and updated for accuracy and comprehensiveness.
Are you looking to earn a quick and reliable return on your investment? Have you considered flipping houses? Not only is it a satisfyingly tangible and real investment, but anyone can learn the ins and outs of real estate investing with just a book or two and a bit of time. And the best part? You can calculate your returns before even making an investment!
But with so many resources out there, it's easy to get lost in the details and miss the fundamentals. That's why we've done the heavy lifting for you and compiled a list of the best books on flipping houses. But before we jump into the titles, let's review some of the basics that any good book on flipping houses should cover. Let's dive in.
Keys to successful house flipping
Before you invest a fortune in your first flip, it's crucial to understand exactly what house flipping is and what you need to learn to do it profitably. Mastering the numbers is one of the most critical aspects of successful house flipping. Accurately forecasting your total expenses and after-repair value (ARV) is essential. From contractor costs to property taxes and realtor fees, accurately predicting expenses is vital to ensure a profitable outcome.
But house flipping isn't just about number-crunching. The best books on flipping houses should also cover other critical skills, such as building your support team. Flipping houses requires a team effort, and it's crucial to choose skilled team members like a dedicated realtor and contractors you can trust.
And let's not forget about finding profitable markets and deals. Thorough books on flipping houses should cover strategies for finding good deals and choosing profitable markets, introducing you to each and helping you choose the best ones for your strengths and market. So, before you dive into your first flip, make sure you have a solid foundation by learning from the best books on flipping houses.
10 must-read books on flipping houses
While this list is not exhaustive, it includes some of the most highly-rated and top-selling books on flipping houses that can help you start earning money quickly. These books, listed in no particular order, focus specifically on flipping houses for maximum relevance.
The Book on Flipping Houses
by J Scott
This book is considered by many to be the ultimate guide to flipping houses. It covers everything from finding and financing properties to managing renovations and selling the finished product.
The Flipping Blueprint
by Luke Weber
This book offers a step-by-step blueprint for flipping houses successfully. It covers everything from finding deals to managing contractors and marketing the finished product.
The Millionaire Real Estate Investor
by Gary Keller
While not specifically about flipping houses, this book is a must-read for any real estate investor. It covers a wide range of topics related to real estate investing, including how to find and evaluate deals, how to finance properties, and how to build a successful team.
Flip: How to Find, Fix, and Sell Houses for Profit
by Rick Villani and Clay Davis
This book provides a comprehensive overview of the flipping process. It includes how to find and analyze properties, how to manage the renovation process, and how to market and sell the finished product.
Flipping Houses for Dummies
by Ralph R. Roberts and Joseph Kraynak
This book is a great resource for beginners who want to learn the basics of flipping houses. It covers everything from finding and financing properties to managing renovations and selling the finished product.
The Flipping Formula
by Justin Colby
This book offers a step-by-step formula for flipping houses successfully. It covers everything from finding and analyzing deals to managing contractors and marketing the finished product.
The House Flipping Answer Book
by Roger D. Blair and Ed Galka
This book provides answers to common questions about flipping houses, such as how to find deals, how to finance properties, and how to manage renovations.
Flip Your Future
by Ryan Pineda
This book offers a unique perspective on flipping houses, focusing on how to build a successful real estate investing business over the long term. It covers everything from finding and analyzing deals to building a team and scaling your business.
Flipping Houses Like a Pro
by Michael C. Thomsett
This book provides a comprehensive guide to flipping houses successfully. It covers everything from finding and financing properties to managing renovations and selling the finished product.
The Art of Flipping Houses
by William Bronchick and Robert Dahlstrom
This book provides a practical guide to flipping houses. It details how to find deals, how to analyze properties, and how to manage renovations.
Final thoughts
Flipping houses can be a highly lucrative venture, but it requires knowledge, skill, and careful planning to succeed. The books mentioned in this blog are some of the best-reviewed and top-selling resources available for those looking to enter the world of real estate investing and start flipping houses.
These books provide comprehensive guides to finding, financing, renovating, and selling properties for maximum profit. Whether you're a beginner or an experienced investor, these books can offer valuable insights and strategies for success. With the right knowledge and tools at your disposal, you can become a successful house flipper and achieve financial freedom.