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Question from one of your swedish "rookie" members

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Posted Aug 3 2008, 10:58

Hey everyone!

I'm just getting started with real estate and the goal is to have aquired at least one multi-unit rental property by the end of next year. I can basically only look at multi-units since the swedish laws makes it very easy to get a loan for one-unit/family houses and these are really hard to rent out - the result is that people who can afford to rent one-unit houses always buy 'em.

I know, and understand the basics of cash flow valuation models and that net income is most important. But I'm am now wondering if you guys can recommend some books that one has to have read to start buying real estate, I'll want to hold my real estate for a long time to generate cash flow and I am not in to quick deals/spekulation. So does anyone have some good tips?