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Updated almost 13 years ago on . Most recent reply

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Jeff Conradi
  • Las Vegas, NV
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Books for new investor.

Jeff Conradi
  • Las Vegas, NV
Posted

Hello, hopefully this is the right forum for this.

I am 24, and have been working the same job for 4 years. I have been out of college for 1 year and am without debt currently (aside from my own mortgage). After graduating I really got into the whole pay yourself first, and savings attitude. I spend almost nothing on myself and invest it all in low expense index funds (vanguard). The books I read along this avenue included the millionaire next door, all of Jack Bogles books, and the richest man in babylon. I mention these books so hopefully you can see the type of investor I'm looking to be; that is a buy and hold long term investor. I took about a year of reading books and researching before I felt confident enough to jump into something even as low maintenance as an index fund.

My real question: It seemed through reading some books that a great match to my strategy was long term buy and hold rental properties in my area (Las Vegas). I am definitely not naive enough to think I can just jump right in to what you guys do, but am eager to learn everything I can on the subject from the beginning.

tl;dr: If you could, please suggest some books and classics that I may read to get into landlording for the long term. I have looked for a bit but it seemed like no real estate investing titles jumped out as 'classic" 'must reads' like some of the investing books I had picked up in the past.

Thanks so much!

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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
3,499
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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Replied

Hi Jeff-I would suggest you do some research here on BP for other threads discussing the same question. There have been many books suggested by different BP members and I'm sure you would find some to your liking. Rich

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