Palm City, FL · Member since 2015 · 34 posts · 7 votes
Hello BP, wondering what everyone's favorite real estate investment books are? Mine to date is Millionaire Real Estate Investor by Gary Keller. My favorite book of all time is Arnold Schwarzenegger's book Total Recall, did you know he is a fellow real estate investor and an incredible business person.
I like the classic William Nickerson how I turned 1,000 into 5,000,000 . I think thats a great intro to real estate concepts regardless of what route you go. I also like Great Depression Diary by Benjamin Graham . I think its helpful to gain a broader perspective on market times that we may not see today but pop up from time to time.
I'd probably go with Millionare Real Estate Invesor also. It was on Tim Ferriss' podcast #60, where I leaned of Arnold's investing career. Wonder if he has a BP account.
Hi Patrick, can't go wrong with Keller's Millionaire, love that one. Although it is not a "real estate book" per se, I really like Eric Reis' The Lean Startup. Reading it as a real estate investor myself, it teaches how to pivot quickly from one point to the next as a business moves forward based on variables set by your goals. That way, you're not relying on possible "ghost cash flow" that you think is supporting your portfolio but being guided by your goals.