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Updated over 6 years ago on . Most recent reply

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Kenneth Cory Hill
  • Louisville, KY
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Any help is greatly appreciated!

Kenneth Cory Hill
  • Louisville, KY
Posted
Tenderfoot to the investing field. My wife and I are curious, ambitious individuals who want to absorb as much information as possible before taking that first step. We live in the metro Louisville,KY area and are looking to start small and hopefully scale our way up. Does anyone have any books/websites that they researched while they were first starting out? Something that i can easily access when needed and take notes from. (I’m an old soul so books are a preference 🤷‍♂️)

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Joedocei Hill
  • Investor
  • Richmond, VA
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Joedocei Hill
  • Investor
  • Richmond, VA
Replied

Hey Kenneth,

WARNING: I am also quite the tenderfoot! Buttt...

It depends on what exactly you want to do in real estate and what your goals are which will determine the path you choose to embark on. For example, do you want to flip? Maybe buy and hold rentals? Wholesaling? That will be the first thing to decide and then you can define your journey more. However, being that I am also a "Tenderfoot" looking for deals, I have came across some valuable resources here on BP. You can check out the store, https://www.biggerpockets.com/store, which has books endorsed by BP that cover a wide range of topics. 

Also I am personally a fan of Robert Kiyosaki, and he has a Rich Dad Library of books, https://www.amazon.com/default/e/B001H6GV90/ref=sr..., which I am currently working my way through now. 

Those have been my two sources for beginning my education (book-wise), I also listen to a plethora of real estate podcast ranging from BP to Wholesaling Inc to the occasional Dave Ramsey podcast. I like to utilize these tools when I am doing "mindless activities" such as washing dishes, getting ready for work in the morning, driving around, etc...

My last piece of advice is find a local REIA which is like a real estate investors club. BP also has a utility for this, https://www.biggerpockets.com/events . I am actually from Lexington, KY [born and raised] and know there is a group in Lexington that meets up once a month at various locations. Attendance is free and there is a tremendous opportunity  for networking. I am sure there is something similar in Louisville that you can find from that link. Also, maybe a trip to Lexington once a month for that meetup wouldn't be a bad idea. Also you can check out, meetup.com and look for local real estate events or events in general that interest you.

SUMMARY: Find out what exactly you want to do in real estate, this will make your journey more focused and probably successful since you're not trying to do 100 things at once. Check out resources on BP for books and podcasts. Also check out amazon for real estate books by people such as Robert Kiyosaki. And join a REIA! Books are good but networking and people are key from my readings and experience.

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