Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
Hey Folks,
I thought it would be interesting to share what book you are currently reading (or have just finished reading.)
It does not need to be real estate related.
If you want to share more information about it, feel free - but you don't have to.
(Also, please, no affiliate links! :) )
I'll start - I'm currently reading "Jab, Jab, Jab, Right Hook" by Gary Vaynerchuk. It's not a Real Estate Investing book - but it has everything to do with running a successful business that deals with consumers. Specifically, it deals with social media and how people are presenting their companies to the world. Most companies simply "attack" all the time with a sales pitch (the right hook) but should instead focus on providing value (the Jab). Gary gives a TON of real-life examples of companies doing great (and terrible) social media outreach. I highly recommend this book to anyone, especially those who have a business that has a brand name to build or protect. Flippers, property management companies, large landlords, wholesalers, etc.
Investor · Riverside, CA · Member since 2011 · 2k+ posts · 3k+ votes
12y
After reading well over 100 real estate books including almost all mentioned in this thread, I learned there are only 4 ways to buy a piece of real estate;
cash, loans, trade, or any combo of the previous 3.
So, I don't read many real estate books any longer. I do enjoy motivational/self help and business topic books such as marketing, management, etc., but I've started reading classics that I've always wanted to tackle.
Just finished The Count of Monte Cristo. At 1,250 pages, it was the longest book I've ever read and a real page turner even though it is more than 150 years old.
For business/self help I'm currently reading;
Leading and Inspired Life by Jim Rohn
Modern Persuasion Strategies by Donald Moine
Heat Up Your Cold Calls by George Walther
I also just finished The Go-Giver by Bob Burg & David Mann
Donald Trump once said he could tell how successful a person is by what three books he is reading and that is one of his favorite questions to ask someone when he meets them for the first time. So, if you are only reading one or two, up your game. Never know when you might bump into Mr. Trump.
Also, a strategy I heard recently, but can't recall who said it, is to buy all the books you hear about and add them to your library. If you read one from cover to cover, you won't remember most of it any way so there really isn't any point in doing so and there isn't enough time to read all the great books out there. It is better to build your library and randomly select books and chapters to read. Also, when you need help in a specific area, you will have your library available to you to do your research. I liked that idea so much I cash in some reward points from my credit card for Amazon gift cards and purchased 100 books from Amazon.
Rental Property Investor · Knoxville, TN · Member since 2013 · 111 posts · 28 votes
12y
I'm a few chapters into The Warren Buffett Way by Robert Hagstrom, but I'm moreso concentrating on getting through Getting Started in Real Estate Investing by Michael C. Thomsett; tons of great information for the newbie and I'm learning so much. I've also got The Millionaire Real Estate Investor by Gary Keller, Dave Jenks, and Jay Papasan sitting on my nightstand for when I finish Getting Started.
Rental Property Investor · Mercer Island, WA · Member since 2008 · 22k+ posts · 14k+ votes
12y
Recent reads (non-fiction) include "Happy Money" and "Dogfight: How Apple and Google Went to War and Started a Revolution".
The first is relevant to the discussions here about why do you try to accumulate money. It has some interesting conclusions of what sort of spending generates happiness and what doesn't. With some science behind the conclusions. They have a simple list of the kinds of things you should spend money on if your goal is happiness:
Buy Experiences
Make it a Treat
Buy Time
Pay Now, Consume Later
Invest in Others
The second is about the development of iPhones, iPads (actually developed before the iPhone), and Android phones and all the interactions between Google and Apple while this was happening.
Flipper/Rehabber · Greeley, CO · Member since 2013 · 2k+ posts · 1k+ votes
12y
@Account Closed By no means am I rich yet. I found the author; Felix Dennis. He started Maxim magazine and a bunch of other stuff.
His definition of rich is having a net worth of 30 million or more. He figures with that much money you can basically do whatever you want without having to work.
Orlando, FL · Member since 2013 · 165 posts · 62 votes
12y
I am half way through "High Trust Selling " by Todd Duncan
I just finished Sam Walton's book 'Made in America" In chapter one he told us the best thing to do with money' Don't spend it" Great book by and about a great entrepreneur, the founder of Wal Mart
Richmond, VA · Member since 2013 · 293 posts · 96 votes
12y
About to wrap up "Art of the Deal" by Trump and getting ready to start reading "Investing in REIT's" by Ralph Block.
The latter was a choice inspired by advice in Mary Buffett's "Buffettology" about getting specialized and fully understanding the business you're investing in.
Homeowner · Brampton, On · Member since 2013 · 72 posts · 8 votes
12y
4 hour work week. Stupid, aweful book. Aweful. I had a nice, 10 year retirement plan and now I'm looking at this winter (-30C today) and saying "this is my last winter in Canada". I currently have zero passive income, so Ferris getting me all fired up is not helpful. Signed up for a "retire overseas" newsletter and keep getting emails with beautiful photos of Belize. Not helpful.
Dominika
Rental Property Investor · Charlotte, NC · Member since 2013 · 491 posts · 253 votes
12y
I recently finished "The Millionaire Real Estate Investor" by Gary Keller, Dave Jenks, and Jay Papasan and I am now in the middle of "How I turned $1000 into $5 Million in Real Estate in My Spare Time" by William Nickerson. Both have been great reads so far.
Up next is "Every Landord's Tax Deduction Guide" by Stephen Fishman.