New to Real Estate · Beaufort SC · Member since 2025 · 4 posts · 3 votes
Hey all,
I thank everybody who responded to my last post and was able to give me professional input.
I mentioned in my last post that I had read the book "rich dad poor dad" and that it had changed my life on view on money and finances.
I want to chase that knowledge and have looked at a bunch of other books to read but don't know where to start. I also know that the order in which you read them is also important as you can have all of the information, just not know where to implement it.
I would highly appreciate if anybody else that has done a lot of reading could compile a short list of some books that have impacted them heavily and if so, what the best order to read them in is.
Wealth building really starts with mindset. For that, The Richest Man in Babylon is a classic — it lays out timeless lessons on saving, investing, and managing money. There's also Think and Grow Rich and The Psychology of Money. If you want to strengthen your relationships and influence (which is crucial in real estate), How to Win Friends & Influence People is a must-read.
If you’re exploring different investment strategies, Buy, Rehab, Rent, Refinance, Repeat by David Greene is a solid pick. It dives into the BRRRR method, which is all about using your capital efficiently to build wealth. What I like about this book is it helps you start thinking like a finance-minded investor (constantly ask yourself if your money is being put to its best use, what else it could be earning if deployed differently, etc.).
If you're interested in commercial real estate, James Nelson's The Insider's Edge to Real Estate Investing is a great introduction, because it teaches the foundational concepts of terminology of CRE.
I thank everybody who responded to my last post and was able to give me professional input.
I mentioned in my last post that I had read the book "rich dad poor dad" and that it had changed my life on view on money and finances.
I want to chase that knowledge and have looked at a bunch of other books to read but don't know where to start. I also know that the order in which you read them is also important as you can have all of the information, just not know where to implement it.
I would highly appreciate if anybody else that has done a lot of reading could compile a short list of some books that have impacted them heavily and if so, what the best order to read them in is.
Respectfully,
James
@James Rutherford, iii: Real Estate investing is not learned by books. The feel good portion is, but the reality is, it takes action. Uncomfortable, scary, dangerous action. Real estate is not for the faint of heart, especially in an uncertain market. Don't let other convince you otherwise. A good teacher keeps you out of trouble.
If you are serious about real estate, my advice is to pick someone doing whatever you want to do, and become part of their life. If you have lots of money and no time, maybe you want to become an accredited investor, if you have time and no money, well that's the most dangerous, but if you have a reasonable amount of money and some time, that's where you team up with someone that's doing "it" and you learn the game.
Books won't get you where you want to go. But, it'll make you feel good. :-)