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What does Olympic swimmer Michael Phelps have to teach us about real estate investing?
Find out in my new ezinearticles.com article entitled Use Olympic Swimmer Michael Phelps’ Training Habits to Supercharge Your Real Estate Investing.
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I have a new fixer upper house article over at ezinearticles.com that shows you how to get the seller to help pay your closing costs when purchasing a house.
Townhouse Purchase Update
The mortgage company has given the green light and we are now waiting for the title company to get the paper work together. We will probably close tomorrow or Friday.
I’m anxious to get started fixing the property. My boys are out of school for the summer and they are chomping at the bit to make a little extra spending money by helping out with the repair work.
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My wife and I laying laminate flooring
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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.
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Upside Up Real Estate Investing: Successful Strategies to Make Money in Any Market is a real estate investment book that not only covers the basics with exceptional style and insight, but also brings new wrinkles to the table. “Upside Up” is just such a book. Not surprisingly, the book is written with depth and insight by an investor who has a profound knowledge of his field.
Its a useful book to anyone in the fixer upper house business.
Follow this link to see my complete ezinearticles.com book review.
Other recommended articles:
Calculating Depreciation for Residential Real Estate Investments at twowiseacres.com.
Is the Time Right to Invest in Real Estate? Chicken Little vs. PollyAnna at biggerpockets.com.
Back on the Market at rentalrus.blogspot.com.
What I’ve Learned from my Rental Property at wealthisgood.blogspot.com.
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Moolanomy.com has a review of my book “Fix ’em Up, Rent ’em Out,” and in the same article is an insightful analysis of the pros and cons of real estate investing.
The article is entitled Meandering into Real Estate.
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Below is a guest article by Bob Zachmeier. He has written the outstanding new book “Upside Up Real Estate Investing” and I invited him to make a few comments about it. As background, I took Bob’s real estate investment course in 2002, shortly after I began investing in real estate. It was the best real estate course I have ever taken, and the great information from the course is included in his book. His book is for sale at Amazon.com. I highly recommend it.
Thanks for considering my book, “Upside Up Real Estate Investing”. I’ve made many mistakes during my 25 years of real estate investing, but have finally found a sure-fire system for success in any market. By sharing my mistakes and triumphs in this book, I hope to put you on the fast track to your own financial success.
Real estate investing has changed my life. Not only did it enable me to quit my job after 22 years, my wife was able to quit hers too. I picked her up from work in a limousine on her 40th birthday and she’s never gone back!
I’ve taught a class on real estate investing for more than 8 years. Many of my students have also been able to leave Corporate America due to the repeatable system I’ve developed. You can too!
Book Description
View the triumphs and pitfalls of real estate investing through the eyes of a seasoned investor with nearly three decades of experience. Real life stories throughout this book will teach you valuable lessons and provide sage advice. The step by step process begins with initial planning and provides tips for finding, analyzing, inspecting, financing, and closing on investment properties. By sharing his experiences and practical investment advice as real estate broker, coach, college teacher, and author, Bob Zachmeier has helped thousands of people improve their financial well-being through real estate investing.
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I was interviewed about my fixer upper house business for an article that appeared in the Arizona Daily Star today, entitled Buying Real Estate. I attach it for your reading enjoyment.
Several investors are interviewed about their experiences in the Tucson real estate market. One disclaimer that I will offer is that I actually said “Prices are higher (not lower) so there’s less competition when buying.”
Now I know how my fellow celebs like Arnold and Bradjalina feel when they are misquoted. It’s a heavy weight to bear.
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Once again I present my picks of the week for best blog articles in the Real Estate Investing and Investment categories.
Piggyback Credit Histories to Increase Your Credit Score at twowiseacres.com/.
Record Keeping: Current Tentants at conniebrz.com/.
Real Homes of Genius Flashback at doctorhousingbubble.com/.
Predicting the Market at fsbojane.com/.
FSBO – Here We Go at rentalsrus.blogspot.com/.
Flipping LLCs Having Hard Times at shaunsre.blogspot.com/.
Ask the Expert with Larry Swedroe at moolanomy.com/.
Tips for Preventing Identity Theft at christianpf.com/.
My Grocery Shopping Strategy at beingfrugal.net/.
Closing Costs: The Breakdown at wealthisgood.blogspot.com/.
9 Ways Star Wars Can Inspire You to Save Money at wisebread.com/.
8 Reasons to do All Your Shopping Online at bargaineering.com/articles/.
So You’d Like to Create Multiple Stream os Perpetual Income
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Once again, here is my unsolicited, unbiased, and unwarranted weekend blog roundup of favorite real estate and investment blog articles of the week.
The Importance of Being Organized at conniebrz.com/
IRS Form 1099-Misc. Deadline is Just Around the Corner at twowiseacres.com
Keeping it real: Confessions of a Personal Finance Blogger at gatherlittlebylittle.com
What to do with the Fed Economic Stiumlus Package Tax Rebate at moolanomy.com
It’s Not a Good Thing! at rentalsrus.blogspot.com
Inflation Causation at whinecountryrealestate.blogspot.com (Overcoming Real Estate Loses)
How to Sell Your Stuff on Ebay at christianpf.com
Look up the Facts About Your Neighborhood Rentals with Zilpy at mytwodollars.com.
Does Financial Industry Subtract Value from the Economy? at getrichslowly.org/blog/.
Rental Property Appraisal Surprises and Delays at wealthisgood.blogspot.com (the world of wealth)
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If your circumstances are such that it is impossible for you to start investing in real estate today, you can start by just meandering in that direction, like a lazy mountain stream.
You can program your mind to pay attention to anything related to real estate. Cut articles out of the newspaper, buy books at book sales, ask friends and co-workers how they purchased their house, watch for free classes or seminars. You can be constantly learning and preparing for the day you will purchase your first fixer-upper property. As Paul and Sarah Edwards point out in Making it on Your Own, “virtually anything you need to know is available to you through books, tapes, workshops, seminars, public education programs, consultants and training programs.”
I meandered for approximately 11 years before purchasing my first investment property. Now I wish I had started sooner, but you can’t begin until you have the desire and the knowledge. Sometimes, desire and knowledge can be acquired simply by observing someone else operating a successful business.
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