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Updated over 2 years ago on . Most recent reply

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Jake Davis
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Looking to learn

Jake Davis
Posted

I have recently decided to start educating myself on the world of real estate and I am looking for a good place to start in terms of educating myself. I am looking for any book/website suggestions to start my journey. I am interested in learning about rental properties and becoming a real estate agent. Does anyone have any recommendations?

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William Collins
  • Investor
  • Rocky Hill, CT
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William Collins
  • Investor
  • Rocky Hill, CT
Replied

First I would read Rich Dad Poor Dad, yep everybody reads it. Second I would recommend reading The Cash Flow Quadrant which will help you decide where and how you want to make your money. Third I would read The Richest Man in Babylon which I think you've learned the lessons I've already. Those are foundational books the next thing I would do is read through the Rental Property Investing by Brandon Turner, the 30-day Stay by Zeona McIntyre, and Short-term Rentals Long Term Wealth by Avery Carl. This will help you set your crystal criteria of how you want to go through and achieve your cash flow goal through what strategy. Then I would recommend realistically looking at what market you're going to invest in. Yes, I know that's lots of homework but this is a measure twice cut once type juncture in our market where the high-interest rates and high cost of entry at this point make it more valuable for you to understand what you're looking for and buy correctly.

Once you get a sense of this style of investing you're trying to pursue strategy wise there's lots of content available especially on YouTube, here on bigger pockets, and in podcasts.

  • William Collins
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