For those attending my Self-publishing Workshop at the Festival of Books, here is a link to my handout.
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Friday, March 12, 2010
Festival of Books Link
.
For those attending my Self-publishing Workshop at the Festival of Books, here is a link to my handout.
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For those attending my Self-publishing Workshop at the Festival of Books, here is a link to my handout.
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
Friday, March 5, 2010
Tucson Festival of Books Presentation
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For those of you in the Tucson area, I will be making a presentation at the Tucson Festival of Books on Saturday, March13th. The title of my presentation is How to Self Publish & Promote Your Book, and Enjoy It!
My workshop is from 1-2:00 pm at the University of Arizona, Integrated Learning Center, Room 141.
I hope to see you there!
.
For those of you in the Tucson area, I will be making a presentation at the Tucson Festival of Books on Saturday, March13th. The title of my presentation is How to Self Publish & Promote Your Book, and Enjoy It!
My workshop is from 1-2:00 pm at the University of Arizona, Integrated Learning Center, Room 141.
I hope to see you there!
.
Tuesday, February 2, 2010
NEWS FLASH -- dealing with tenants a big issue for my class
.
Not surprisingly, the big question that came up most frequently at my class last Saturday were, how do we manage tenants?
Students were concerned about whether they need to hire a lawyer, and they will they should deal with unruly tenants.
My condensed response was:
1. Screen carefully;
2. Use a month to month lease; and,
3. Have a copy of a landlord's guide handy.
Surprisingly to me, no one in my class had ever heard of the Arizona Landlord's Deskbook, a book which I find invaluable in dealing with tenants.
The Arizona Landlord's Deskbook is like having a real estate lawyer at my side. But, I don't have to sit in a lawyer's office and imagine the "whoshing" sound of my money flying out of my bank account for each billable minute that passes.
Nothing against lawyers earning a living. They provide a valuable service. I broke a mirror last year and got seven years bad luck, but my lawyer was able to get it reduced to five.
This book not only contains information on how to avoid problems with your tenants by having a good contract and clearly communicating what you expect, it also contains letters and forms that you can copy and send to tenants when you need them.
Some of the forms that I have had occasion to use are:
Tenant application form
House inspection check list
Notice of late payment
Eviction notice
Notice of termination of lease
Notice of contract violation
The great thing is the letters often refer to state statutes that give the letters an air of authority.
The book also explains the legal process that an owner has to go through in order to evict a tenant. It's particularly useful when you are in an emergency situation, and may not be sure how respond to some peculiar action by a tenant.
If information is power, then this book is nuclear power plant.
Similar guidebooks are available in other state, such as:
The California Landlord's Law Book and the Landlord's Rights & Duties In Florida.
As a disclaimer, I haven't read these other books, but they do look similar to the Arizona Landlord's Deskbook .
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Not surprisingly, the big question that came up most frequently at my class last Saturday were, how do we manage tenants?
Students were concerned about whether they need to hire a lawyer, and they will they should deal with unruly tenants.
My condensed response was:
1. Screen carefully;
2. Use a month to month lease; and,
3. Have a copy of a landlord's guide handy.
Surprisingly to me, no one in my class had ever heard of the Arizona Landlord's Deskbook, a book which I find invaluable in dealing with tenants.
The Arizona Landlord's Deskbook is like having a real estate lawyer at my side. But, I don't have to sit in a lawyer's office and imagine the "whoshing" sound of my money flying out of my bank account for each billable minute that passes.
Nothing against lawyers earning a living. They provide a valuable service. I broke a mirror last year and got seven years bad luck, but my lawyer was able to get it reduced to five.
This book not only contains information on how to avoid problems with your tenants by having a good contract and clearly communicating what you expect, it also contains letters and forms that you can copy and send to tenants when you need them.
Some of the forms that I have had occasion to use are:
Tenant application form
House inspection check list
Notice of late payment
Eviction notice
Notice of termination of lease
Notice of contract violation
The great thing is the letters often refer to state statutes that give the letters an air of authority.
The book also explains the legal process that an owner has to go through in order to evict a tenant. It's particularly useful when you are in an emergency situation, and may not be sure how respond to some peculiar action by a tenant.
If information is power, then this book is nuclear power plant.
Similar guidebooks are available in other state, such as:
The California Landlord's Law Book and the Landlord's Rights & Duties In Florida.
As a disclaimer, I haven't read these other books, but they do look similar to the Arizona Landlord's Deskbook .
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Friday, January 1, 2010
New Fixer Upper and Rental House Class on January 23rd
.
Happy New Year!
For those of you who live in Southern Arizona, I will be teaching a class in Sierra Vista on Saturday, January 23rd, 2010. The class runs from 10 am to noon.
Below is the blurb from the Bulletin of the Sierra Vista Department of Parks and Liesure Services. My class is listed on page 20.
Workshops
Fix ’Em Up, Rent ’Em Out
How to start your own house fix-up and rental
business in your spare time.
Create wealth by buying, repairing, and renting fix-up
houses. This class will teach you how to start your own
house repair and rental business. Some of the topics
covered include: locating, repairing, and renting properties;
why invest in fix-up homes; tax codes; rental
contracts; advertising; keeping records. Terry Sprouse
is the author of the book Fix ’Em Up, Rent ’Em Out.
For more information, or to register, contact the Oscar Yrun Community Center at (520) 458-7922.
I will be teaching the same class again on March 27th.
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Happy New Year!
For those of you who live in Southern Arizona, I will be teaching a class in Sierra Vista on Saturday, January 23rd, 2010. The class runs from 10 am to noon.
Below is the blurb from the Bulletin of the Sierra Vista Department of Parks and Liesure Services. My class is listed on page 20.
Workshops
Fix ’Em Up, Rent ’Em Out
How to start your own house fix-up and rental
business in your spare time.
Create wealth by buying, repairing, and renting fix-up
houses. This class will teach you how to start your own
house repair and rental business. Some of the topics
covered include: locating, repairing, and renting properties;
why invest in fix-up homes; tax codes; rental
contracts; advertising; keeping records. Terry Sprouse
is the author of the book Fix ’Em Up, Rent ’Em Out.
For more information, or to register, contact the Oscar Yrun Community Center at (520) 458-7922.
I will be teaching the same class again on March 27th.
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Wednesday, December 9, 2009
Free Teleseminar with Terry Sprouse -- December 16
.
Join me Wednesday, Decemeber 16 from 7:00 to 8:00 pm Mountain Time
6:00 to 7:00 pm Pacific Time
8:00 to 9:00 pm Central Time
9:00 to 10:0 pm Eastern Time
for the free teleseminar:
How To Buy Your First Fixer-Upper House
Register by using the form above (removed 12/21/09). You will be sent the dial-in number and the access code.
Topics I will cover include:
1. Determine What You Really Value in Life
2. Prepare Yourself to Succeed
3. Identify target areas in the Opportunity Zone of your city
4. Purchase Your Fixer Upper House
5. The Fastest Way to Lose Money
6. The Secret Way to Succeed in the Fixer-Upper and Rental House Business
Remember, real estate investors are successful because they find systems that work and implement them.
I hope you can join me!
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Join me Wednesday, Decemeber 16 from 7:00 to 8:00 pm Mountain Time
6:00 to 7:00 pm Pacific Time
8:00 to 9:00 pm Central Time
9:00 to 10:0 pm Eastern Time
for the free teleseminar:
How To Buy Your First Fixer-Upper House
Register by using the form above (removed 12/21/09). You will be sent the dial-in number and the access code.
Topics I will cover include:
1. Determine What You Really Value in Life
2. Prepare Yourself to Succeed
3. Identify target areas in the Opportunity Zone of your city
4. Purchase Your Fixer Upper House
5. The Fastest Way to Lose Money
6. The Secret Way to Succeed in the Fixer-Upper and Rental House Business
Remember, real estate investors are successful because they find systems that work and implement them.
I hope you can join me!
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Tuesday, December 1, 2009
New CD Course Now Available
.
My new 4-CD course entitled "How to Start Your Own House Fix up an Rental Business in Your Spare Time" is now available!
It’s specifically designed for the beginning investor who wants to learn through the convenience of listening to CDs. I start from the beginning and guide you through all you need to know to get started.
CD #1 is Start Your Own Fix Up and Rental Business
This CD takes you though the steps you need to know to get going including identifying target neighborhoods, doing due diligence, paying for rental properties, how to do taxes.
CD #2 is How to Manage Tenants and Enjoy It
Tenant issues are what detour many people from this business, but follow the time tested techniques that I use and you will find that managing tenants is a lot easier than you thought.
CD #3 is How to Learn to Make Repairs
I did not start this business with many repair skills. But I learned as I went along, and you can too.
CD #4 is Form, Tables and Contracts
This includes the nuts and bolts you will need to run your business. You receive a form to screen tenants, application forms for tenants, eviction notices, sample letters to tenants, tables that allow you to calculate how much your monthly payments will be when purchasing a house, and much more. These are the forms that I use in my own business.
The CD Course includes a 14-page workbook that I have written to further guide you along the way to starting your business.
And for a limited time, I am offering a bonus CD with an electronic copy of my award-winning book “Fix em Up, Rent em Out.”
For more information see my website at TerrySprouse.com
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My new 4-CD course entitled "How to Start Your Own House Fix up an Rental Business in Your Spare Time" is now available!
It’s specifically designed for the beginning investor who wants to learn through the convenience of listening to CDs. I start from the beginning and guide you through all you need to know to get started.
CD #1 is Start Your Own Fix Up and Rental Business
This CD takes you though the steps you need to know to get going including identifying target neighborhoods, doing due diligence, paying for rental properties, how to do taxes.
CD #2 is How to Manage Tenants and Enjoy It
Tenant issues are what detour many people from this business, but follow the time tested techniques that I use and you will find that managing tenants is a lot easier than you thought.
CD #3 is How to Learn to Make Repairs
I did not start this business with many repair skills. But I learned as I went along, and you can too.
CD #4 is Form, Tables and Contracts
This includes the nuts and bolts you will need to run your business. You receive a form to screen tenants, application forms for tenants, eviction notices, sample letters to tenants, tables that allow you to calculate how much your monthly payments will be when purchasing a house, and much more. These are the forms that I use in my own business.
The CD Course includes a 14-page workbook that I have written to further guide you along the way to starting your business.
And for a limited time, I am offering a bonus CD with an electronic copy of my award-winning book “Fix em Up, Rent em Out.”
For more information see my website at TerrySprouse.com
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Friday, October 16, 2009
Trouble with Bad Tenants? Use a month-to-month contract
.
One of the best ways that I have found to protect yourself from bad tenants, and we all know that a few will always slip though our "infallible" screening process, is to use the month-to-month contract.
If you have a tenant that you need to get rid of, for whatever reason (and I can think of a lot of them, such as painting a picture of a human face on the side of an outside wall, but that's a story for another whole post), take the easy road.
If they have signed a month-to-month contract, you just need to send them a form saying that you are canceling the contract and they must be out by end of the next month. You have to give them a full 30 days to move, maybe more if they pay on the first and you are in mid-month when you notify them. In that case you would give them 45 days to move, at the end of the following month.
But, no matter how you slice it, it sure beats going through an eviction process, particularly if they are inclined to fight it. And, why wouldn't they fight it since they at this point they have probably developed aggravating us into a science.
So, if there is any doubt in you mind about whether your tenant will go to the tenant dark side at some point, play it safe and have them sign the month-to-month lease.
New Product Announcement
I am in the process of developing a CD Course entitled "How to Start Your Own House Fix Up and Repair Business in Your Spare Time."
The course will include 4 CDs and a Workbook.
I will be providing extensive information to guide you through the process of starting your own business. I will show you the quickest way to reach your goals, and protect you from the pitfalls.
Want to claim a sense of security when the walls of financial security seem to be crumbling all around?
Then this CD course may be for you!
Info on Terry's Book
Press and Media
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
One of the best ways that I have found to protect yourself from bad tenants, and we all know that a few will always slip though our "infallible" screening process, is to use the month-to-month contract.
If you have a tenant that you need to get rid of, for whatever reason (and I can think of a lot of them, such as painting a picture of a human face on the side of an outside wall, but that's a story for another whole post), take the easy road.
If they have signed a month-to-month contract, you just need to send them a form saying that you are canceling the contract and they must be out by end of the next month. You have to give them a full 30 days to move, maybe more if they pay on the first and you are in mid-month when you notify them. In that case you would give them 45 days to move, at the end of the following month.
But, no matter how you slice it, it sure beats going through an eviction process, particularly if they are inclined to fight it. And, why wouldn't they fight it since they at this point they have probably developed aggravating us into a science.
So, if there is any doubt in you mind about whether your tenant will go to the tenant dark side at some point, play it safe and have them sign the month-to-month lease.
New Product Announcement
I am in the process of developing a CD Course entitled "How to Start Your Own House Fix Up and Repair Business in Your Spare Time."
The course will include 4 CDs and a Workbook.
I will be providing extensive information to guide you through the process of starting your own business. I will show you the quickest way to reach your goals, and protect you from the pitfalls.
Want to claim a sense of security when the walls of financial security seem to be crumbling all around?
Then this CD course may be for you!
Info on Terry's Book
Press and Media
Share this: del.icio.us | Digg | Ma.gnolia | Reddit | Stumble Upon |
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