Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x

Posted over 8 years ago

Books! Books! Books!

Folks have asked me where should I start in terms of books since everything that comes from a BP legend needs to be taken in context. Here are the fab four books and trifecta of business books that everyone should read IMHO:

Books - In this order
1) Rich Dad Poor Dad
2) Millionaire Real Estate Investor
3) Cashflow Quadrant
4) Equity Happens
Any more is just overkill.


Business Books
1) 4-hour workweek
2) E Myth
3) Think And Grow Rich (read this again and again, all the Gurus regurgitate this book)

*

*Some people like to use "oh I need to read and get more educated" as a crux to not step up and take action. May Human Resources departments uses a theory of 70-20-10 where 70% is learned by doing, 20% by peers, and 10% is academic/book/classroom training. Don't be that shelf-help guy.

*Tim Ferris talks about the $100,000 MBA, where you don't really go out to school but you jump right in with your business/investment and might operate at a loss. Heck you might lose $100,000 but you will have far more experience than getting that silly MBA degree from some school.

*Why would someone want to spend $20-30K on training when that alone is a down payment on a cashflowing property that you can learn through doing and make 300-400 a month cashflow. Heck you could even buy a turnkey property from a crappy re-seller on Biggerpockets and still make money and get your education that way too.

Link to original post:

https://www.biggerpockets.com/forums/12/topics/285...

More at my blog!




Comments