BiggerPockets

Books That Have Helped Me Make Money

Sunday, September 20

I have been buying and selling and financing properties since 1986, and when I started, there was not a great amount of info around: no Internet, just books.

I started with...

• Albert Lowry Jr. Ph.D. "How to become financially independent"
• Wade Cook "Real Estate Money Machine"
• William Nickerson How I turned $1000 into 5 Million
• Richard Allen "How to Write a Nothing Down Offer"
• Black's Law Books Many Law Books

Now there are a Ka-Zillion!

I trust Bill Bronchick at LegalWhiz.com very much.  Also David Finkel - Peter Conti.  Richard Roop is excellent too.

So I just started a website to list articles that I feel are terrific.

Just one man's opinion.

See

Categories

• Basic REI
• Buying Strategies
• College Housing
• Cooperative Assignment Lease Option
• Entities – Corps – LLC
• Lease Option and Lease Purchase
• Private Lending
• Sub2 – Subject to Existing Financing
• Tax Law

I hope you enjoy them.

All the best to you,

Brian Gibbons

 

Comments

1. 

   Jon Klaus Reply
   over 2 years ago

   I read Wade Cook's "Real Estate Money Machine" in the early 1990's and it opened my eyes to creative financing. I did my first few deals using his methods with decent results. I went to one of his seminars and was a bit disappointed that it was all about upsell. Then even more disappointed when I learned of his legal troubles and his current residence in prison.

   That said, his book got me started and still influences me.

2. 

   Brian Gibbons Reply
   over 2 years ago

   Thanks Jon.

   Many successful teachers (eg Wade Cook, Bob Allen, Al Lowry, Carton Sheets, even Ron LeGrand) have made TERRIBLE decisions about marketing their info and training. And dealing with the IRS (eg Bob Allen)

   And the FTC are looking to shut down bad claims of "how much can you make if you buy my REI course?"

   JohnTReed.com puts down over 100 gurus on his website, but sells real estate info. There is a real conflict of interest.
   I have about 5 of his books.

   AND the Attorney Generals of certain US states (eg TX) has placed stupid laws re: Land Contracts and Lease Options because some greedy entrepreneur ripped people off (probably Hispanics).

   That said, creative financing is THE way to make money when credit is tight.

   The CHALLENGE is finding Agents - Lawyers - Mortgage Brokers that speak the REI Language.

   Thanks for your comment.

   See:
   http://reiskills2.com/blog/?page_id=8
   For a Buying Strategies Overview

3. 

   Bryan Hancock Reply
   over 1 year ago

   Great post...these will go on my LinkedIn reading list now. I already knew about Nickerson's book, but the others were foreign to me.

4. 

   Brian Gibbons Reply
   over 1 year ago

   Thanks, Bryan. I have a list of books here, about 70 of them....http://briangibbons.biz/tools-you-need/books-for-reis/

5. 

   Bryan Hancock Reply
   over 1 year ago

   Fantastic! I have read 20/150 of the books on my list so far....need to be more choosy I guess :)