Locust Valley, NY · Member since 2013 · 8 posts · 0 votes
Hey guys. I have an Internet Marketing background so I'm certainly not going to buy these over hyped products that show the pictures of Ferraris and mansions - been there done that. I'm just looking for an A-Z guide that can help me understand real estate lingo, and real estate in general. The podcasts here are great, but aren't necessarily ordered at all. I'd like a structured education that I can spend time on, and when finished, can have a general understanding of real estate terminology, processes, etc.
Regarding terminology, I highly recommend Frank Gallinelli's book "What Every Real Estate Investor Needs to Know About Cash Flow...And 36 other Key Financial Measures".
As stated above, focus your REI. Rentals? Rehabs? etc.
Let us know what part of real estate you want to learn about and Im sure people can recommend some books or online resources. Learning 'real estate' is too broad.
I agree with @Bryan H. "Real Estate investing" is way to broad. @Jason R. I found the Millionaire Real Estate Investor by Gary Keller to be a great overview that would lead you to more detailed learning. Once you start to grasp the basics you can search here on BP for more conversations on your favorite topics.
Also @Brandon Turner wrote a great blog post listing enough books to keep you busy for at least a week. http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/
Hey @Jason R. , yeah I think it's best to think of RE education like a funnel. You got all the big stuff in the top, and the more you learn and listen (the podcasts, blogs, etc) you'll start to notice things that stand out to you. You'll get more and more drawn toward certain aspects, and then once you have a focus (for example, investing in small multifamily properties) there are some really awesome books that will help walk you through A-Z on it. For example, if you wanted to flip, you'd wanna read through the two Flipping Books from J Scott, here on BP.
Hope that helps some! Glad to have you here on the site. And don't forget a photo - you'll find better interactions here on the site when people can recognize you in multiple threads. That avatar with the dollar sign guy is everywhere, so people tend to gloss over it!
Regarding terminology, I highly recommend Frank Gallinelli's book "What Every Real Estate Investor Needs to Know About Cash Flow...And 36 other Key Financial Measures".
As stated above, focus your REI. Rentals? Rehabs? etc.