All-time favorite REI books???

[Josh Huber]

Hello everyone! 

I'm on the verge of finishing up another book on multifamily investing, and it made me curious... What're my fellow BP member's all-time favorite REI books, and why?

 I'm curious to hear what everyone has to say! 

-Josh

[Dan H.]

I did like ABCs of Real Estate Investing and the author did makes a very good case for large multi family investing but I will 2 additional books: 1) Landlording on Auto pilot.  I have heard the author of this book lost a lot of net worth in the great recession but it does not mean that he does not present many good ideas as much as that his local market was Detroit (pretty much anyone invested in Detroit lost a lot of money).  2) Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That The Poor And Middle Class Do Not!  it is not a pure RE book but RE is certainly a primary means in the book.

I am in the process of teaching my son many of the lessons from the Rich Dad, Poor Dad book.  His is 15 years old and has been involved with real estate since birth.  I have offered to seed his investment account for his birthday with ~5x what I would spend on his birthday present with the condition that he can not pulled out the seed money.  He is still deciding but in the time that he has been deciding the stock market has done quite well.  If he had taken me up on my offer when it was initially made he should have been close to having accumulated what I will be spending on his birthday present if he chooses that route.  There is multiple lessons in this nugget: snooze you lose/value of getting started, cost of indecision, compounding, etc.