Archive for the ‘investing in real estate’ Category
Monday, October 20th, 2008
.
I’m pleased to announce that my book, “Fix em Up Rent em Out,” is an Award-Winning Finalist in the Real Estate category of the National Best Books 2008 Awards, sponsored by USA Book News.
Top 50 Amazon Reviewer D. Blankenship says,
What this work does give you is ideas and an outline, that through hard work, common sense, and a bit of luck, you can do quite well for yourself and have a bit of fun while you do it. The author is quick to point out the down side of every aspect of this business and points out ways, if there are any, to avoid them. On the other hand, the author does a wonderful job of pointing out the positive. He not only emphasizes the financial aspects, but does a very nice job of drawing attention to the many side benefits involved, and there are many of these! I like the way that the author directs your attention to the fact that a job well done is a wonderful feeling. The author has listed given us a great list of other books and resources to turn to which I find most helpful. Actually, his list of places to go for information is almost worth the price of the book alone.
A complete list of winners and finalists in each category can be found at:
http://www.usabooknews.com/bestbooksawards2008.html.
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:best book awards, Fix em Up Rent em Out, USA Book News
Posted in book award, buy rental property using refinance home, buying fixing renting rehabs, buying foreclosures, buying real estate, career changes, excellent real estate books, Fix em Up Rent em Out, fixer upper book, fixer upper houses, fixer uppers, fixer-upper business, fixing rental houses, how I got started in fixer uppers, How to start your own house fix up and rental busines, invest real estate repai and sell or rent, investing book, investing in real estate, investing in your spare time, investment property, investmet properties, learn to invest in real estate, learn to make repairs, real estat investing, real estate books, safe ways to invest in real estate | 1 Comment »
Thursday, September 11th, 2008
Is it a good idea to invest in fixer upper houses in today’s economy?
I invite you to read my guest article Recession-Proof Investing with Fixer-Upper Rentals over at the ever-insightful moolanomy.com.
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:fixer upper houses, moolanomy, recession
Posted in fixer upper houses, fixer uppers, fixer-upper business, fixing rental houses, how I got started in fixer uppers, How to start your own house fix up and rental busines, investing in real estate, investing in your spare time, investment house, investment property, investments, investmet properties, Moolanomy.com, real estate investing, real estate principles, recession and real estate, rentals | 2 Comments »
Tuesday, August 19th, 2008
Tags:door of opportunity for real estate investing, investing in real estate
Posted in fixer upper houses, fixer-upper business, fixing rental houses, invest real estate repai and sell or rent, investing, investing financial independence, investing in real estate, investing in your spare time, investment house, investment property, investments, investmet properties, opportunity zone, real estat investing, Uncategorized | No Comments »
Monday, August 11th, 2008
‘
Would you like to start investing in fixer-upper houses in your spare time?
Check out my new ezinearticles.com article Fixer Upper Investing For the Small Investor – People 5’6″ Or Shorter. It may be easier than you think to work your 8 to 5:00 job and start a fixer-upper house business on the side.
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:fixer upper houses, fixer upper investing for the small investor, investing in fixer uppers, small investors
Posted in fixer upper houses, investing in real estate, investing in your spare time, investment house, investment property, investments, investmet properties, rental houses, rental properties, rental property, rentals, renting, safe ways to invest in real estate, small investor | No Comments »
Friday, August 8th, 2008
‘
Put your financial ship in order and get ready for your next fixer upper investment house purchase.
With interest rates still historically low and sellers beating the bushes to find buyers, now is the time to put your home equity to work by refinancing your principal residence.
If you need further convincing, check out my ezinearticles.com piece Refinance Now to Take Advantage of the Buyer’s Market Perfect Storm.
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:buyer's market, fixer upper house, refinance now, refinance your home, refinancing your house
Posted in fix up houses, fixer upper houses, fixer uppers, fixer-upper business, investing financial independence, investing in real estate, investing in your spare time, investment house, refinance, refinancing, rental properties, rental property | No Comments »
Monday, July 14th, 2008
Buying fixer upper houses and converting them into rental houses is a great business. And anyone can do it. You don’t need a certificate, you don’t need a degree, and you don’t need anyone’s permission. You just do it!
To view a condensed version of how I got started in the fixer-upper business, check out my article at ezinearticles.com. This is the version with no bells or whistles, and no accompanying three-part harmony.
The townhouse closing may or may not happen today. If not, Angy has to catch a flight out of town tomorrow. In that case, we will have to sign power of attorney over to me so that I can sign for both of us at closing.
Just like the recipe for my famous extra-chewy chocolate chip cookies, the plot thickens!
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:fixer upper houses, how I got started, investing in fixer uppers
Posted in buying fixing renting rehabs, buying real estate, closing, do it yourself, fix up houses, fixer upper houses, fixer uppers, fixer-upper business, fixing rental houses, house buying, how I got started in fixer uppers, how to start a real estate business, How to start your own house fix up and rental busines, investing financial independence, investing in real estate, investing in your spare time, investment house, investment property, investments, investmet properties, making repairs | No Comments »
Monday, July 7th, 2008
‘
The purchase process is winding its way toward a conclusion for the fixer-upper townhouse that I am purchasing. I had the inspection done last Wednesday (naturally, I followed the inspector around so I could see the problems that he saw), the appraisal should have come in today, and we are closing Friday.
The good faith estimate from the mortgage company came in at around $650/month PITI. I plan to charge $775 for the base rent on the new townhouse. We put 20% down on the $105,000 sales price, and the seller cooperated by paying for part of the closing costs out of her proceeds at closing. (I’m going to discuss that in more detail in a future post.)
It’s a property that’s really worth a hoot because it has all the right things wrong with it. It needs paint, needs vinyl tiles replaced, needs wood putty in door holes, a few outlets are cracked, has some oil on the driveway, and it has a few leaky faucets. On the plus side, the A/C is only one year old and the roof is solid. And all the appliances work. It should take about week to get it in ship shape.
The best part about the deal is that my other unit, 3 doors down, rents like hotcakes. As soon as we put the For Rent sign up, we have people knocking on the door. I’ve been waiting for another one these units to open up at a decent price.
On another note,
There’s a good aritcle comparing oil vs. latex paints over at fliprent.com.
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:closing on a house, fixer upper houses, good faith estimate, house inspection
Posted in closing, fixer upper houses, fixer uppers, fixer-upper business, fixing rental houses, good faith extimage, home buying, invest real estate repai and sell or rent, investing, investing financial independence, investing in real estate, investing in your spare time, investment house, investments, investmet properties, learn to invest in real estate | 2 Comments »
Wednesday, June 18th, 2008
.
House Shopping
I am making an offer on a fixer-upper townhouse. It’s a 2 bed 2 bath unit in a row of about 10 townhouses, where I already own another townhouse. It’s not the proverbial “worst house in the best neighborhood” but it’s located in a mixed lower-middle to middle-class neighborhood where there is good demand for housing.
They are asking $115,000 and I am offering $100,000. I’ll let you know how it comes out.
One Person/Multiple Careers
I began reading Marci Alboher’s intriguingly entitled book One Person/Multiple Careers. It’s interesting to read about other people doing similar multiple careers to what we part-time real estate investors are doing. I’ll post a review of the book here soon.
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:fixer upper houses, one person multiple careers, part time real estate investing
Posted in fixer upper houses, fixer uppers, fixer-upper business, fixing rental houses, home buying, how I got started in fixer uppers, how to make money renting housing, How to start your own house fix up and rental busines, investing in real estate, landlording, making an offer, multiple careers, townhouse | No Comments »
Saturday, June 7th, 2008
‘
Do you worry about getting through the recession with your fixer upper house business intact?
Check out my ezinearticles.com piece entitled Proactive Responses to Recession – 7 Creative Ways to Make Extra Money With Real Estate.
Looking for motivation to get started in the Fix em Up, Rent em Out business?
Just Follow Your Dreams.
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:recession make extra money with real estate, starting a fixer upper house business
Posted in fix up houses, fixe em up, fixer upper book, fixer upper houses, fixer uppers, fixer-upper business, fixing rental houses, frugality, house buying, how I got started in fixer uppers, how to make money renting housing, How to start your own house fix up and rental busines, investing financial independence, investing in real estate, recession and real estate | No Comments »
Saturday, May 31st, 2008
My wife and I laying laminate flooring
‘
The Tucson Citizen Newspaper highlighted the fixer upper business that my wife and I operate in Thursday’s paper.
Entitled Learn to Fix Up Houses, Rent Them Out, it describes some details about our business and mentions my book.
Who says newspapers aren’t interesting anymore?
To read another insightful (to me, at least) newspaper article that I did, see “Fix em Up, Rent em Out” Featured in Newspaper Article.
Subscribe in a reader
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Tags:fixer upper house business newspaper article, learn to fix up houses rent them out, tucson citizen
Posted in buying fixing renting rehabs, Fix em Up Rent em Out, fixer upper houses, fixer-upper business, fixing rental houses, how to start a real estate business, How to start your own house fix up and rental busines, invest real estate repai and sell or rent, investing in real estate, investing in your spare time, learn repair skills, learn to invest in real estate, newspaper, newspaper articles, real estat investing, real estate books, real estate investing, real estate principles, rental properties | No Comments »
