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Updated about 5 years ago, 08/28/2019
Can I apply BP books in a foreign market?
I just bought almost all of BP's books.
- I have just finished the "7 habits of highly effective people" and "The richest man in Babylon". I think I have my mindset ready to start. I'm going to start reading "How to invest in real estate" and I wanted to know if it is possible to apply the knowledge of the book(s) in a foreign market. I imagine that I should put aside the information regarding taxes and banking laws.
So ... my question is can I apply book strategies like:
"Buy, Rehab, Rent, Refinance, Repeat".
"The Book On Rental Property Investing".
"Long-Distance Real Estate Investing".
"The Book On Managing Rental Properties".
Beforehand thank you very much!
Hard to answer without knowing the exact market, but there are people making tons of money from real estate in every market. You just have to educate yourself on HOW they are doing it. Once you know, follow those who have done it. I'm sure many of the principles in the books you've mentioned can still apply.