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Renovate to Riches - Mike Dulworth, Teresa Goodwin

Renovate to Riches

Buy, Improve, and Flip Houses to Create Wealth
Buch | Softcover
312 Seiten
2003
John Wiley & Sons Inc (Verlag)
978-0-471-46790-8 (ISBN)
CHF 35,95 inkl. MwSt
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Renovate to Riches shows novice real estate investors how to create wealth by purchasing homes, renovating them, and selling them at a profit. Because an individual or couple can sell a home every two years without paying capital gains taxes, renovating homes is one of the most reliable ways to build wealth over time.
Turn weekend home-improvement projects into big money! Did you know you and your spouse can sell your home every two years and pay no taxes on profits up to $500,000? It's true! In fact, you should think of your home as an investment as much as a place to live. Simple renovations can dramatically increase the value of your home, and you can undertake most of them on your own and in your spare time. Renovate to Riches shows you how to turn your sweat into equity and your home into a moneymaker. Millions of people across America are making their do-it-yourself weekend projects pay off-and you can too. This straightforward guide will show you how to secure financing for your home, accomplish the renovations that add the most value, and get the highest price when you sell. It shows you how to design your own custom plan for creating wealth over five, ten, or even twenty years, and includes detailed case studies that help you avoid common mistakes.
Renovate to Riches also includes: An explanation of complicated federal tax codes Tips on finding great homes at bargain prices Advice on financing options Which renovations add the most value Professional guidance on interior design, landscaping, and other home improvement projects Which projects you should be able to handle yourself and which will require a professional contractor How to work with contractors and keep it cheap Practical advice from the experts-real estate agents, brokers and bankers, tax advisors, contractors and carpenters, landscapers, interior and lighting designers, home inspectors, and appraisers Renovate to Riches is not a get-rich-quick scheme. It's a practical, step-by-step guide to building long-term wealth. You don't need the skills of a contractor or the experience of a real estate agent; all you need is a little extra time, a little extra money-and this unbeatable guide.

Husband and wife team MIKE DULWORTH and TERESA GOODWIN have earned hundreds of thousands of dollars renovating homes in their spare time. Mike is the Managing Director of Executive Development Associates (executivedevelopment.com), and Teresa is a trained interior designer and independent producer for Second City Communications, the business theater group of The Second City in Chicago. Contact Mike and Teresa at renovatetoriches.com.

Preface. Acknowledgments. 1. Introduction. 2. A Gift from Uncle Sam. 3. Creating a Home Renovation Strategy. 4. The Financial Plan. 5. Buy Low, Sell High. 6. Home Financing. 7. Renovations That Add (The Most) Value. 8. Do It Yourself and Save a Huge Amount of Money! 9. Some Thoughts on Interior and Landscape Design. 10. Contractor Management. Appendix A: IRS Publication 523: Selling Your Home. Appendix B: A Guide for Healthier Home Remodeling. Appendix C: AIA Document A101-1997: Standard Form of Agreement between Owner and Contractor. Appendix D: Upgrade or Install an Irrigation System. Recommended Resources. Index.

Erscheint lt. Verlag 10.12.2003
Verlagsort New York
Sprache englisch
Maße 192 x 236 mm
Gewicht 570 g
Themenwelt Sachbuch/Ratgeber Beruf / Finanzen / Recht / Wirtschaft Geld / Bank / Börse
Sachbuch/Ratgeber Beruf / Finanzen / Recht / Wirtschaft Immobilien / Grunderwerb
Wirtschaft Betriebswirtschaft / Management Rechnungswesen / Bilanzen
Betriebswirtschaft / Management Spezielle Betriebswirtschaftslehre Immobilienwirtschaft
ISBN-10 0-471-46790-1 / 0471467901
ISBN-13 978-0-471-46790-8 / 9780471467908
Zustand Neuware
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