Flipping Houses for Beginning Real Estate Investors
Explore how real estate investors make money buying and selling fast, to create wealth. Excerpt from Doghouse to Dollhouse for Dollars: Using Design Psychology to Increase Real Estate Profits by Jeanette Fisher

20-Year-Old Woman Turns Doghouses into Dollars

Do you dream of making money through real estate investing? If so, it's time to stop dreaming about it and get to work, because making big bucks in real estate isn't that hard. In fact, even a young, inexperienced person can make money flipping houses.

How to Laugh All The Way to the Bank Flipping Houses

At the age of twenty, our friend Dawn made her first fortune, all by herself, by buying a HUD repo (government-owned, repossessed house), fixing it up, and then selling it herself. When the transaction was complete, she'd made enough money to buy her second fixer, by paying all cash. She immediately went to work on the second house, and when she sold it, she collected a $44,000 profit, which allowed her to pay cash for her third fixer house!

By now, Dawn had the formula down, and within a short time, she sold the third house. She made enough profit to pay cash for another fixer. But not until she rewarded herself with the custom pickup of her dreams. How long did this take? Dawn flipped all three houses in just nine months!

Dawn knew what she was doing. She looked for houses that needed only cosmetic work, avoiding those that needed major remodeling. She painted the homes herself, inside and out, and updated the lighting, plumbing fixtures, and carpeting. Once the renovations were complete, all three houses sold quickly to happy new owners.

Dawn says, "I love buying properties and fixing them up, and I love working for myself. I had a great deal of freedom, while all my other friends were working full time at regular jobs. Like my mom says, 'carpet and paint makes you look like what you ain't' and 'there's bucks in those yucks.' I bought houses that caused other people to turn up their noses, fixed then up, and then said ‘yuck’ all the way to the bank."

How You Can Make Money Flipping Fixers

Don't listen to cynics who claim "it can't be done" in today's real estate marker. Don't let anyone tell you that you need to have savings, because you can buy houses with no money down and ask the seller to pay the closing costs.

I know that what I'm saying is true, because my husband and I just bought our 30th house in 2005, for no money down, and we expect to make a profit of no less than $100,000 on it, for one month's work!

The secret of our success is making our houses outshine the competition by using Design Psychology, which sells our houses faster, and at a higher price. Buyers don't even know that psychology is being used. All they know is that they FEEL happy in our homes, which makes them want to buy, even if it costs more than the house next door.

Design Psychology helps you to choose the right colors and materials to attract buyers within a specific price range. You can also use Design Psychology strategies to transform your house into a dollhouse, one that will entice buyers to pay more.

There's no other business that can make you as much money, with as little start-up cost, as real estate investing. In fact, more American millionaires have made their fortunes in real estate than in any other business.

So what are you waiting for?

As Dawn's mom says, "There's buck in those yucks."

Dawn's mother introduced my family to flipping houses in the eighties.

Do you dream of making money through real estate investing? If so, it's time to stop dreaming about it and get to work.

Copyright material from Doghouse to Dollhouse for Dollars: Using Design Psychology to Increase Real Estate Profits by Jeanette Fisher

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