Posts Tagged ‘fixer upper house business’

"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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Do This Before You Sign the Closing Documents!

Friday, August 29th, 2008

In the fixer upper house business sometimes we need to anticipate the unanticipatable!

What’s the most important thing that you should do before signing the closing documents to buy a house?

Check out my ezinearticles.com piece entitled Don’t Go to Closing Before Doing This, Or You May Really Regret It!.

The article recounts my ill-fated effort to purchase a house last month, and the valuable lesson that I learned.

Info on Terry’s Book

Press and Media

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Save Money on Making Fixer-Upper Repairs

Thursday, August 21st, 2008

Every person who owns a fixer upper house business ought to learn to make repairs.

Take a look at my new ezinearticle entitled Save Beaucoup Money When Investing in Fixer-Upper Houses! 5 tips on Learning to Make Repairs.

Preview: Tip #1 is Stick to Experts Like Glue

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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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A Fixer-upper’s Brush With Fame

Sunday, March 9th, 2008


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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Weekly Fixer Upper Roundup of Real Estate Investing and Prosperity Blogs

Saturday, February 16th, 2008


Once again, I present my unbiased, unwarrented, unadulterated and unrelenting list of favorite blog articles from the past week, not necessarily related to the fixer upper house business, but still informative.

Managing Tenants Part Three: Written Criteria for Tenant Selection at biggerpockets.com
When Tenants Pay Late (Part 1 – The Initial Discussion) at twowiseacres.com
From Freakonomics at fsbojane.com/
Flowers and Shrubs and Dust Oh My at rentalsrus.blogspot.com/
Almost…To….The…Finish…Line at flipthyhouse.com/
Health Insurance, Medical Expenses, and Unscrupulous Doctors at moolanomy.com/
Compare Your Rent to Your Neighbors at wealthisgood.blogspot.com/
Frugality: Increasing Your Quality of Life for Less at mrsmicah.com
Suze Orman Gets it Right About Why Our Economy is Faultering at money crashers.com

The Zen of Repairing Properties

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A small grouting job in the bathroom

Sunday, November 18th, 2007

Sunday, work continued on the fixer-upper house that we live in, and plan to sell (for more info on this investing strategy, see “How to Turn Your Home into a Rental Property, Instead of Selling It!” coming in Sept. 2012.) There was a little grouting left to do in one of the
bathrooms, around the tiles that made a baseboard-type border abound the bathroom floor.

Here are the tools I used – small bucket, white grout, a trowel, and a small “mud” (or joint compound) spatula (not pictured)

I mixed up a small amount of grout. Add water to the powder until you have grout the consistency of peanut butter.

When I mix grout, I wear a mask or kerchief to cover my mouth and nose. The grout mix contains cement, so if you breath in the powder it can scar your lungs.

I apply the grout with the small spatula.

Afterwards, I clean up tools with water.

After the grout has cured for three days, I apply grout sealer.

There are two pretty good books on floors and tiling published by Home Depot, “Tiling 1-2-3” and “Flooring 1-2-3“. I recommend “Flooring 1-2-3”, if you just want to buy one book. It cover tiles about as well as the other book, and also addresses how toinstall several other types of flooring. I used it as a guide to install both laminate flooring, and vinyl flooring.

As always, to make money in the fixer-upper business its best to do everything yourself. You learn by doing. Start small but work up to bigger projects.

Our first tiling project was in a small bathroom, a good place to learn the process. But since then, my wife and I have worked our way up to doing large bedrooms. We feel comfortable tackling any tiling project now.

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