RISMEDIA, April 2, 2007-Ralph R. Roberts, author of Flipping Houses For Dummies, announced the unveiling of a brand new Web site called GetFlipping.com devoted exclusively to the practice of flipping houses-buying fixer-uppers below market value, repairing and renovating them, and then selling them at or near full market price.
According to Roberts, "GetFlipping.com is the most comprehensive house flipping Web site available. Visitors can read a sample chapter from the book, check out the flipping tip of the day, read my account of a sample property I flipped, check out before and after photos, and sign up for my free 31-day house flipping course."
Although the title of the Web site encourages visitors to "get flipping," the site actually offers a more realistic view of flipping houses, pointing out some of the risks and pitfalls that investors face whenever they choose to invest in real estate. GetFlipping.com and Flipping Houses For Dummies both advise novice investors to build a strong investment team, including a licensed Realtor®, mortgage broker, and real estate attorney.
"My goal in creating GetFlipping.com and writing Flipping Houses For Dummies," says Roberts, "is to help real estate investors, particularly novice investors, minimize their risks and maximize their profits. Investors must remember that you make your profit when you buy, so you have to be sure you're buying a property that you can sell for twenty percent more than your total investment in it."
Flipping Houses For Dummies includes instructions and a form for estimating the potential profit. Roberts is planning on adding an automated Purchase Price Estimator to GetFlipping.com that can help investors estimate their maximum purchase price in order to be fairly certain of earning a 20% profit.
GetFlipping.com also includes a blog, where Roberts posts additional articles on house flipping and real estate investing in general, and where visitors can post their own comments, questions, and house flipping stories.
"Ultimately, we want to create a dynamic community of house flippers," says Roberts, "who can share information, tips, and strategies, and celebrate one another's success."
Roberts is currently working on another book about investing in real estate titled Foreclosure Investing For Dummies due to be released in June of 2007. According to Roberts, "As soon Foreclosure Investing For Dummies hits the shelves, I'll include additional tips and tricks from that book on GetFlipping.com, so stay tuned for more."
Ralph Roberts is a nationally recognized Realtor, speaker, and coach who specializes in real estate buying and selling, investing, flipping, and foreclosures. Ralph is also the Official Spokesperson of Guthy-Renker Home, a company committed to equipping home buyers and sellers and real estate agents with the information and tools they need to achieve their real-estate related goals. Guthy-Renker Home works to bring homeowners and real estate professionals together to establish mutually beneficial relationships. For more information, consumers can visit HurryHome.com. Real estate professionals can find out more about the Guthy-Renker Home lead management system by visiting RealtyTracker.com.