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Thursday, June 21, 2007

Flipping Confidential Book Review

I am about halfway through "Flipping Confidential" by TLC's Property Ladder star Kirsten Kemp. At first, I was a little disappointed at how basic all the information provided in the book is, but then - think about this: All businesses profit because they have a good grasp of the basics. If they fail, it's because they've forgotten the basics and profits return when there is a return to them. In that sense, it's a pretty good read and definitely something you want to look into as a first-time flipper.

Kirsten emphasizes the numbers and how you must do your math, do your math, do your math. For me, there could be a little more character to the book like Barbara Corcoran's "Use What You've Got" (GREAT real estate book, but a little low on practical advice) but all in all a worthwhile read.

More later as I finish it! So far, I'd give it 3 stars out of 5.

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