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Updated about 11 years ago,
J Scott's Book on Flipping-Buy THAT Before You Buy Any Guru "Program"
I bought the J Scott book on flipping houses several days ago and have been reading it whenever I can and I think its GREAT! Now, I've been investing in RE to some extent since 1999, when I bought my first duplex and started flipping houses part-time in 2004, flipped five of them between 2004 and 2007, took a break from it until 2012 when I thought the market was good again and have now been doing it full-time ever since. I've done flips in value from about $60k on the low end up to $750k on the high end, so I've had experience in nearly all levels of my local market. In my time flipping from 04 to 07, I had one that I lost money on, two that broke even and two that made some money. Since getting back into it, all of my projects have been profitable, several of them have been very profitable. So, I think I can say now that I honestly know a pretty good amount about flipping houses and am learning quite a bit about other methods of RE investing as well. Yet, I always believe that you can learn more about anything, which is why I bought J Scott's book and so far, I'm VERY impressed!
Here's the thing and the point I want to get across to anyone looking for a guru to get them the info or the "magic secret" to flipping or any other part of RE investing. THERE IS NO MAGIC SECRET! Its a business like any other and requires hard work, organization, follow through, etc etc. From what I can see, everything I think I would cover is in this book. I've already picked up several new ideas and things to learn myself and I've been doing this for years. I would HIGHLY recommend that before you spend $99 or $299 or whatever price whatever guru wants to take from you for his/her info, that you spend just $29 and buy this book instead. No, he's not promising any magic or overnight riches, but what would you rather get, some honest advice and education or have someone "blow smoke" up your you know what???
Several people that have been very successful in different types of businesses have all given me the same advice over the years, that if you have even an OK idea for a business, if you run your business well, run it efficiently and work hard at it, you're likely to succeed over the long run. Conversely, even if you have an incredibly great, awesome business idea and you run a sloppy business and you're inefficient, you're likely to fail. Flipping houses is no different and this book will show you how to do it the right way!
FULL DISCLOSURE-I'm NOT at all connected with BP, J Scott or anyone else connected with the book. I did exchange a few emails with J Scott about a year ago, just to discuss how much I liked his website and inquire about his plans to invest in my area-that's it!