What Are the Best Books to Pick-Up for A Beginner?

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@Adam Eldaoushy Real Estate by the Numbers by J Scott and Dave Meyer is a good resource for some money/investing concepts. I will probably be giving copies to my oldest grandkids as some of the concepts extend beyond real estate and they explain them well.

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Hey Adam, also 20 and on a similar boat with you too. Here is exactly what I am doing right nowI started with personal improvement books such as Atomic Habits, How to Win Friends and Influence People, Can't Hurt Me by Goggins, The Intelligent Investor,...I do believe it's important for me to set out a good mindset, good habits, and a good work ethic before doing anything. After that, I then moved on to the Rich Dad Poor Dad series and other financial books. I am very positive with courses, after reading Rich Dad Poor Dad you will see why as well. I am also very interested in learning more from you about LLC too. Let me know if you want to connect and talk more brother.

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Thank you for the recommendation. I respect your input and opinion, however I do believe it’s unfair to state I don’t have the patience to learn. I just prefer reading and taking notes over watching videos. Id like to accumulate information then apply the lessons I’ve learned to real world scenarios. Yes I will make mistakes but that’s what truly teaches you the most in my opinion. I’d prefer to spend 500 dollars on multiple books rather than on one course. I appreciate your input.

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Hey Joe, thanks so much for the advice! I have read RDPD and loved it, never checked out his cashflow quadrant book yet so I will be picking that up. Also picked up "The Book on Rental Property Investing" by Brandon Turner if you have heard of it. Thanks again!

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Im reading Hyperion right now...it is sick :) BUT finance books? I read a good chunk of the BP books when I was about to buy my first property 5 sum odd years ago. They contain great info.The ones I remember and found the most valuable was the land lording one, and the one about how to create an accurate SOW.Then of course, RDPD is a great mind shift book, which has already been mentioned

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@Adam Eldaoushy not a real estate book, but you can get a lot of mileage from "Extreme Ownership" pretty much translates to everything you do in daily life.

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@Adam Eldaoushy, "Real Estate By The Numbers" by J Scott and Dave Meyer.

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Many good ones, and many bad ones. I recommend one or more mentorship programs. You find many here that frown on them because they had bad experiences with them. That doesn't mean a mentor isn't good, it just means the ones they followed didn't work for them.Here are the three most important knowledge bases you have to learn to be successful:1 - Market analysis, not property, market. All properties are parts of a market. Don't look at any one property as a stand alone item. You don't buy properties, you buy pieces of a market. 2 - How money works as applied to REI. This is your math. REI is really nothing but math with $$$ in front, not percentages. How Money Works is really another way of saying strategies. Don't fall victim to sticking with one strategy. Learn as many as you can, and then some. The more strategies you learn the more opportunities you can take advantage of. Focusing on just one strategy will cause you to be impatient and end up doing deals that you shouldn't do. 3 - Develop a REI strategy based on your financial needs. First learn what this is, and then develop it, with specific financial steps, with each step a prerequisite for the next, just like developing a college curriculum.All three must work together...at all times. The Market tells you where to invest, the strategies tell you how, and the plan tells you when. They will all change as you move along each step of your plan as the criteria for each step of your plan will be different as you move forward.

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Have you perused the Strategy section of the site yet? Lots of resources there to help get you started.

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@Adam Eldaoushy There’s some decent courses for under $100. I’ve gotten taken advantage of by some “Gurus” offering $10,000ish courses. One of which actually shut down, removed all their content and disappeared about 3 weeks into my “mentorship” thus having effectively stolen the $9,000 I had spent on the course. I think you can learn plenty from reading books, listening to podcasts, following forums, and occasionally buying a cheap, less than $100, course. Then you spend your hard earned money buying that first property whether it’s a SFH or a small multi family. And I like any of the books in the Biggerpockets book store. Best of luck!