Renovate to Riches: Buy, Improve, and Flip Houses to Create Wealth
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BeschreibungHow to create wealth using home renovation and capital gains tax exclusionsRenovate 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, often times without paying capital gains taxes, renovating homes is one of the most reliable ways to build wealth over time. This book shows readers how to develop a renovation strategy, secure financing, accomplish renovations on their own, sell for the best price, and much more. It also includes plans for renovating on a full-time or part-time basis, and details on how couples can work together to build wealth.Mike Dulworth and Teresa Goodwin (Sonoma, CA) are husband and wife. He is an entrepreneur and home renovator who currently acts as CEO of Performance Outcomes, LLC. Teresa is an interior decorator and a producer with The Second City improvisation group.
InhaltsverzeichnisPreface. 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.
PortraitHusband 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.
Untertitel: Sprache: Englisch.
Verlag: JOHN WILEY & SONS INC
Erscheinungsdatum: Dezember 2003
Seitenanzahl: 300 Seiten