Any good books to understand real estate lingo?

Question

I’m trying to understand all of the Real estate terms so that I’m not lost every time I talk to someone that is in the field.

Any good books or videos that you could suggest would be fantastic.

Nick Moore · Answer

@Jared Schofield Hey Jared, since I’ve only been immersed in the REI world for a few months, I can relate.

Brandon Turner’s book on REI is not an Amazon bestseller for no reason - and all of the accompanying BP books have been just as user-friendly!

But the ticket to the REI language learning fast track (I do apologize, this is the science teacher in me) is gaining experience and immersing yourself in this new world. Books helped me big time, but listening to podcasts and experienced investors (who are patient with noobs and excited about teaching) use the language in conversation helped me solidify what I was reading at an accelerated rate.

Play around with some Bigger Pockets Calculators, and when you aren’t sure what it’s asking for, look up that term! That helped me a lot, too!

Those books, YouTube videos, podcasts, investor conversations, and actually doing a deal helped me and my wife close on our first duplex in November. Hope this helped!

Jared Schofield · Answer

@Nick Moore thanks man