Property Book Shop - Fix 'em Up, Rent 'em Out: How to Start Your Own House Fix-up & Rental Business in Your Spare Time; or, Investing in Real Estate and Creating Wealth with Fixer-Upper Houses

Fix 'em Up, Rent 'em Out: How to Start Your Own House Fix-up & Rental Business in Your Spare Time; or, Investing in Real Estate and Creating Wealth with Fixer-Upper Houses

List Price: $14.00
Our Price: $12.60
Your Save: $ 1.40 ( 10% )
Availability: Usually ships in 24 hours
Manufacturer: Planeta Books

Average Customer Rating:

Binding: Paperback
EAN: 9780979856617
ISBN: 0979856612
Label: Planeta Books
Manufacturer: Planeta Books
Number Of Items: 1
Number Of Pages: 148
Publication Date: 2007-09-19
Publisher: Planeta Books
Studio: Planeta Books

Related Items

Spotlight customer reviews:

Customer Rating:

Summary: Confessions of a Former RK Addict
Comment:

My first real estate investment book purchase wasn't actually about real estate at all-RK's Rich Dad books inspired us to action and I will be forever grateful.

Unfortunately, most of the real estate advice and examples were seriously dated, going back to before the humongous tax reforms that changed real estate investment forever back in the '80's. I came away with some vague ideas on buying property for nothing down on the courthouse steps, forming an S Corp and hiding out our assets in Nevada.

It took months of re-programing just to pick through the train-wreck on the floor of my brain to form a coherent plan that might someday work in our locale. I feel a bit silly now... if I'd just known that RK's strength is financial literacy and inspiration, maybe I wouldn't have gorged on multiplex ownership at the all-you-can-eat buffet.

To The Rescue:

Just finished reading Terry Sprouse's book, Fix Em Up, Rent Em Out, and sitting here wishing I'd had this resource back then. This is just right-concise and tightly focused with a workable plan to get moving forward. Had this been our first intro to REI, we might've started 2-3 years sooner.

The first sentence of the introduction targets Terry's audience like a Patriot Missile:
"This book is aimed at the person who has a strong desire to invest in real estate but wants to keep his or her regular 9 to 5 job."
And with that, the cobwebs of my mind cleared-most REI books are a waste of money because they just don't apply. An innocent newbie could plow through 18 chapters before discovering the intended audience is "twenty-two year old felons from Detroit with ADD and shattered credit who can't hold a job more than 6 months due to authority issues."

But I digress...

My favorite chapters have to be Chapter 8: Renting Out Houses (we've been landlords awhile and I still yellowed up the whole chapter) and 11: A Tale of Two Investment Strategies (love, love, loved reading about his experience with these two houses~)

Without breaking a sweat, about 10 people come to mind who could use this book. Good job, Terry- very nice indeed:)

Customer Rating:

Summary: Review
Comment: This book is very, very basic. Having read numerous other books on realestate investing, this book was not very helpful to me.

Customer Rating:

Summary: Easy Read, inspiring, good book
Comment: Fix em up Rent em Out is a good book on how anyone can start in real estate investing. It doesn't pretend to be the only way and doesn't pretend to have all the answers. Unlike other books that touch on EVERYTHING without providing any useful information, this is a very focused book on how to buy a home, move in, fix it up, and then rent it out. It provides great ideas, and good information (web addresses you can go to for more information - but not the author's information - this is NOT an upsell book). In the end, it may not provide everything you are looking for as a beginning real estate investor, but it is such a short book and easy read, that it is certainly a great place to start.

Customer Rating:

Summary: Inspiring!
Comment: Having thought about getting into the fix em up business myself,I was thrilled when Terry handed me a copy of his new book on that very topic. I found his book very easy to read, humorous (if you know Terry that is no surprise!) and it took the mystery and intimdation out of real estate investing. Not only is it informative about all the aspects of repairing properties and renting them out, but it has a lot to say about living a positive and challenging life. Again, no surprise if you know Terry. No matter what Terry would have written about, it would have included his philosphy for living a happy and productive life. This book belongs in the motivational section of the bookstore as well as the home improvement and investing sections. I would recommend this book to everyone, even those who have never picked up a hammer before and may never plan to.

Customer Rating:

Summary: Anyone can do this!
Comment: Everyone dreams of having a lot of money for retirement. What makes Terry Sprouse different is that he and his wife, Angy, took action to make their dream happen instead of doing nothing and hoping that it would happen.

I first met Terry in 2002 when he took my class on real estate investing at Pima College in Tucson, Arizona. Due to their systematic approach to real estate investing, he and Angy have accumulated more in a few short years than the average person is able to save in a lifetime.

I admire the way the Sprouses' have made investing a family affair. By involving their children in the effort, they teach by example that a little elbow grease and perserverence can go a really long way. This book is a quick read, and will inspire you to take action too.
-Bob Zachmeier

More Reviews

Editorial Reviews:

This book how to get started repairing houses and renting them out in your spare time. It covers various aspects such as house selection, what to repair, handling tentants, managing the books, and taxes. The book describes the two safest ways to make money in real estate, and one chapter is devoted the the "Zen of Repairing Propertied." The author uses examples from his own experinces, humor and motivational examples to encourage the reader down a path that will be both financially rewarding and deeply satisfying.