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| | Location: Home » Selling a House » General AAS » 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 | December 1, 2008 |
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| 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 | 
enlarge | Author: Terry W. Sprouse Publisher: Planeta Books Category: Book
List Price: $14.00 Buy New: $12.50 You Save: $1.50 (11%)
Buy New/Used from $12.50
Avg. Customer Rating:   (19 reviews) Sales Rank: 188148
Languages: English (Original Language), English (Unknown), English (Published) Media: Paperback Number Of Items: 1 Pages: 148 Shipping Weight (lbs): 0.5 Dimensions (in): 8.8 x 6 x 0.5
ISBN: 0979856612 EAN: 9780979856617 ASIN: 0979856612
Publication Date: September 19, 2007 Availability: Usually ships in 1-2 business days
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| Customer Reviews:
  Smart Buy, the book and real estate September 4, 2008 1 out of 1 found this review helpful
If you've ever been tempted with the idea of buying a "fixer upper, learn a lot from "Fix Em Up Rent Em Out". "The 5 Rules on How to Lose Money and Get Your Rental Property Trashed by Your Tenants" that is humorous and sharp content. You'll want to commit this book to memory. It is filled with great examples of how even strategies can be applied to win in your real estate investments.
It is easy to read and the practical skills chapter is well written and easy to understand how to apply techniques.
When it comes to rental properties Terry covers how to create the best curb appeal, get background checks and avoid bad tenants from the very beginning. He explains how recording the details of even minor damage that can help you avoid being exposed to financial losses if it's not well documented.
Whether you are a novice or an experienced investor, you will glean a multitude of information that will help you create a more profitable real estate business.
  Confessions of a Former RK Addict June 7, 2008 4 out of 4 found this review helpful
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:)
  Review June 4, 2008 0 out of 6 found this review helpful
This book is very, very basic. Having read numerous other books on realestate investing, this book was not very helpful to me.
  Easy Read, inspiring, good book March 29, 2008 2 out of 2 found this review helpful
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.
  Inspiring! March 13, 2008 2 out of 2 found this review helpful
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.
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