Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
5y
Rich Dad, Poor Dad by Robert Kiyosaki. Most people in the forum will have the same answer and you hear it all the time in the podcast. It turned out to be a fake story, but the principles are still true.
Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
5y
Rich Dad, Poor Dad by Robert Kiyosaki. Most people in the forum will have the same answer and you hear it all the time in the podcast. It turned out to be a fake story, but the principles are still true.
Investor/Agent/Entrepreneur · Dallas, TX · Member since 2016 · 464 posts · 564 votes
5y
Not really RE, but The Millionaire Next Door got me thinking with different perspectives (9th grade).
But truly RE, it was The Millionaire Real Estate Investor. Also a good read for a beginner to help develop that mindset, sharing the thought processes of successful (millionaire) RE investors.
Real Estate Agent · Sisters, OR · Member since 2014 · 1k+ posts · 1k+ votes
5y
Rich Dad Poor Dad got the ball rolling.
I think the most practical book for me was the Millionaire Real Estate Investor by Gary Keller. It demonstrated how sticking with real estate investing over time builds wealth. It got me real excited about investing and still does. Perfect for a new investor because really there is not much to it just run your numbers buy the property and then wait while real estate does its thing.
Syracuse, NY · Member since 2020 · 11 posts · 3 votes
5y
@Vanessa Bautista any books by Robert Kiyosaki, Rich Dad Poor Dad being the most popular. Also the ABC’s of Real Estate by Ken McElroy. There is a lot of other great books out there but these guys have put out some gold!! Good luck to you!
Investor · USA · Member since 2015 · 168 posts · 243 votes
5y
The Millionaire Real Estate Investor is my favorite. But that's mainly for buy and hold.
So it really depends on your goal and strategy. If you want to do flipping, wholesaling, or you want to be a realtor, that may not be the best book.
I remember when I read the book reviews for "The Millionaire Real Estate Investor" on amazon, I saw a negative review. I was curious to see why somebody would put a so negative review for my FAVORITE. The review basically said it is too theoretical and not practical. Ok, now I understand, if somebody only care about how much the costs to change a countertop or paint the wall, the book indeed does not help.
SO first find your goal, then can find a book suitable for you.
Silver Spring, MD · Member since 2020 · 8 posts · 6 votes
5y
@Vanessa Bautista literally just finished Brandon Turner " How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started". My husband bought it for me as a Christmas gift. I'm so new to all of this and some how feel like I can take in the world with the knowledge I've gained reading this book!
Rental Property Investor · Norfolk, Va. · Member since 2018 · 72 posts · 56 votes
5y
Real estate investing for Dummies was my first, but hands down the most influential was Cash flow quadrant. I actually read this one before Rich Dad and it completely changed how I viewed everything!
As you have previously seen recommended, the book “rich dad, poor dad” is a great one that was recommended to me by Donnie, a house hacker, and recent connection of mine! My copy of “rich dad, poor dad” is on the way! Let me know what you think about it!
Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes
5y
My 1st book I read on investing, I had not fully realized it until several years later but it was the Bible (parable of the talon's). I was reading my 2nd book "The Richest Man in Babylon" and it all connected that the fundamentals of wealth, life experience, wealth creation, it's all been running mechanics and rules true for literally thousands of years.
Than came Rich Dad Poor Dad which I saw more as a primer for how to put those mechanics into action for todays age, here and now.
From there I stopped recording the books I read at 184. I never stopped reading, I only stopped recording them. Knowledge is a journey not a chore.
Real Estate Agent · Baltimore Maryland · Member since 2019 · 98 posts · 74 votes
5y
These are not necessarily RE books but they will definitely help you in the self development aspect of your business: The 4-Hour Work Week; 7 Habits of Highly Effective People; Mindset