Archive for the ‘book writing’ Category

"Fix em Up, Rent em Out" Featured in Newspaper Article

Friday, December 5th, 2008

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I was recently interviewed by the Arizona Daily Star and responded to a variety of questions related to my house fixer-upper business, such as:

Why did you write the book?;
How did you get into the fixer-upper business?;
Can you give away one secret of success?;

as well as several other questions that inquiring minds want to know the answers to.

Here is the complete interview, entitled “UA researcher fixes up houses on the side, writes about it.”

See also:

For yet another newspaper interview that I did see: Fixer Upper Business Highlighted in Newspaper Article.

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Fixer Jay Webpage Worth a Look

Friday, June 20th, 2008

Fixer Jay

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One of my favorite real estate investing authors, and someone who has inspired me in my own  fixer upper house business, is Fixer Jay DeCima. He has a very informative webpage at www.fixerjay.com. I regularly check out his blog posts located on the website.

As I have mentioned before, I think Jay’s books are exceptionally good guides to learn about the fixer-upper business.

Here is a review I wrote about Jay’s latest book:

Start small, profit big in real estate

The Quickest Way to Lose Money

What is the quickest way to lose money in real estate?

Find out in my latest ezinearticles.com article.

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Book Review of "The 4-Hour Workweek"

Saturday, April 26th, 2008

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Ever wonder what it would be like to trade your 8-5:00 job in for a 4-hour workweek job?

Is it really a feasible option, or just wishful thinking?

The book follows many of the principles used in establishing a fixer upper house business.

To find out, see my review of Justin Ferriss’ book “The 4-Hour Workweek” at ezinearticles.com.

Info on Terry’s Book

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Staying motivated to make investment house repairs and finding Serenity

Tuesday, October 23rd, 2007

Setting up a reward system has worked for me to help me stay on-track for making house repairs. I promise myself that I’ll do something I really enjoy, if I first complete a task. When my wife and I were working furiously on our last fixer-upper house project, we told ourselves that we would go out to dinner at a nice restaurant when we sold the house. That gave us little more of a boost to stay motivated. A few weeks later, someone made a firm offer on the house, and we went out to dinner and celebrated, as planned.

As it turned out we were a little premature in our celebration, as the deal fell through, and eventually we wound up renting the house out. But, the reward system still worked.

This technique also worked for me when I was writing my book on investing in fixer-uppers. One of my favorite movies is Serenity. I was still writing the book when Serenity came out on DVD. I rented it and really liked it (as did my boys). So, to stay motivated, I promised myself that I would not watch Serenity again until after my book was published.

Now that my book, “Fix em Up Rent em Out,” is finished, I am making intricate plans for that much anticipated viewing of Serenity. I don’t have all the details worked out, but I know it will involve fresh popcorn, iced tea, and my boys and I shouting out our favorite lines along with the characters (e.g., “Boy, it sure would be nice if we had some grenades, don’t you think?” or “We’ve got to see Mr. Universe!”). It doesn’t get much better than that.

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How to Publish a Book on Real Estate Investing, Part 2

Saturday, October 6th, 2007

As I mentioned in part I of this topic, it was Aaron Shepard’s book, “Aiming at Amazon,” thatpushed me over the top. At that point, I decided I was going to finish my book, Fix em Up Rent em Out, and publish it, no matter what it took. Everything else was going to be on hold until I finished the book. I worked almost every night for about 4 weeks, on about 2-3 hours of sleep. I started to resemble a zombie from “The Night of the Living Dead,” but I finished the book.

Formatting the book, and making it look like a professional work, required learning another area of expertise. Books like “Perfect Pages” by Shepard and Microsoft Word Manuals were my Bibles. Then, I had to find an copy editor, and give him 6-8 weeks to do his job. And, I located someone to do a cover.

Finally, submitting the files for printing at Lightning Source proved to be another hurtle for me. It took me several tries to submit it the way they needed it for printing. Like anything, the first time you do it irs hard. The second time will be a piece of cake.

Starting a publishing company was another aspect of the process that took time. Not difficult, but you must follow exact procedures and do a lot of running around. I plowed ahead by getting the legal documents to file with the state, setting up bank accounts and purchasing ISBN numbers.

I say this just to show you what you can expect. I think writing a book about your experiences in real estate is a natural next step for someone who has paid their dues and learned the ropes. Who better to describe the hard lessons you have learned than you?

I found that just the exercise of putting your thoughts and experiences on paper, even if you never sell a book, is a worthwhile experience. Its empowering. It broadens your horizons. It makes you draw on sources of power and inspiration that you may not have known that you had.

Remember, an expert is just a regular person who has written a book!

UPDATE

For more information on self publishing, check out my book Carve Out Your     Niche.

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How to Publish a Book on Real Estate Investing, Part 1

Friday, October 5th, 2007

Let me warn you, writing and publishing a book is like eating a giant piece of beef jerky. It’s rewarding, but it takes more time than you think.

Now that I am in the final stage of this long process, for my book Fix em Up Rent em Out, I can pass along my experiences by writing and self- publishing a book. (As a 2012 update, I have recently published a second book entitled, “Carve Out Your Niche,” which describes how to self-publish and promote a book.)

My initial thought was to write a book about what, to me, was a rewarding real estate experience. I wanted to inspire others to get started in the real estate investing, and to share the shortcuts and to point out the pitfalls of the business.

But, I wanted to do it the same way that I did real estate investing, by learning all aspects of the process and doing it all myself.

The actual writing of the book took 2-3 years in starts and stops. I did most of the writing late at night when my wife and kids were asleep. There were long stretches of time, between periods of writing, when I didn’t think I would finish. At times, doubts crept in and I wondered if I really wanted to publish a book.

What finally convinced me to finish was a book I read entitled “Aiming at Amazon” by Aaron Sheppard. The old way of publishing a book was to print off thousands of copies to reduce the per unit cost, then sell them at bookstores and workshops. The new way, that Sheppard describes, is to sell the books through web bookstores like Amazon.com and to have the printer only print books as they are needed.

Part II of “How to Publish a Book on Real Estate Investing” will follow in the next blog posting.

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