Real Estate Investing Books

[Darryl K]

Does anyone have any recommendations on real estate investing books?

Also, are there any magazines out there that are good for real estate investors?

[Mitch Kronowit]

Originally posted by Dewayne:

The book I'm reading right now, Real Estate Riches by Dolf De Roos.

I read his Making Money in Real Estate last year. A very good book. No hype, no get rich quick schemes, no BS, just the plain honest truth that if you build your empire by working slowly and carefully, you will eventually find yourself atop a nice mountain of wealth.

The other book I finished recently that I really enjoyed was David Schumacher's Buy & Hold Real Estate Strategy: How To Secure Profits in Any Real Estate Market (John Wiley & Sons, New York, May 1992, March 1993 & March 1994 with Dr. Erik Page Bucy). It's a little dated, but I swear, when you read this book from 1992 you will NOT believe how much it sounds like today! He recently released a new edition called BUY & HOLD FOREVER: How to Build Wealth for the 21st Century (released 2010) which I plan on ordering soon.

The Donald's Art of the Deal is a very entertaining read with some good business concepts for us all to adopt (handshakes and sticking to your word, win-win situations for all, paying top dollar for good help, etc.), but like someone else said, it's NOT a how-to REI book for the non-billionaires in this group.

Finally, I subscribe to the Personal Real Estate Investor magazine http://nexzuspub.com/, but I'm not sure if I'm going to renew. There's a little info in there, but not a lot that I can use, and the magazine seems like a front for a number of gurus, REI businesses, and brokers. I'm curious if anyone else is familiar with this pub.