Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$39.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
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