Education Is The Key

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Could someone please tell me what literature i should read. everyone says read everything. how about some specifics. ANy help is appreciated.

Comments(8)

  • Steena22nd October, 2003

    Being a newbie, I can only tell you where I've gotten most of the information I do have. I have done searches on the internet on whatever subject I was looking for....be sure and put "free" in the front or you'll end up alot of pay sites. Use as many words as needed, leaving out the common (a, the, for, is, etc) ones. There are books on real estate at the library, book stores. Also, the articles here are VERY helpful. It takes an active search for it in order to find it.
    Steena

  • InActive_Account22nd October, 2003

    I went to the local library and checked out about 15 books on real estate. The cover everything from no money down, to foreclosures, flipping, buy and hold, fixer uppers etc. I had to do search on real estate and also on investing or investments. Have thought about yard selling, most people by and never do the sell the course at yard sell, also thought about checking out ebay. Let me know if you have any sucksess.[ Edited by wpruett on Date 10/22/2003 ]

  • Taiyo7th April, 2004

    The library is a good source. I also go to my local book store, Borders or Barnes and Noble to read. The Borders actually has a coffee shop with tables and chairs. I will sit there for hours to read.

    After you have read or scan a few books, try and focus on the area of REI you are interested in (possible investments you can do).

    Reading about something you are incapable of doing now is good for the future, buy won't help your investing now.

  • NancyChadwick7th April, 2004

    Once you go to the places like Borders and B & N and identify particular book titles you're interested in, you might want to go online to Amazon and see if used or nearly new copies of the book are available for sale. I've saved a bundle of money buying used books (on all subjects) that way.

  • commercialking11th April, 2004

    Well Newinvestor I would recoment a little pamphlet by a guy named Mortimer Adler it went through many edditions and got bigger and less useful at each one so go to a used book shop and try to get an old one. The title is HOW TO READ A BOOK hasn't got anything to do with real estate but it has a lot to do with how to go about analyzing real estate books as well as anything else.

    Adler's basic premise is that there are different ways to "read" a book depending on how much and what kind of information you want out of it. Most "do it yourself" real estate books really only have one or two points. Once you master the techniques in Adlers pamplet you can find those points in 15 to 20 minutes and move on to the next book. This makes "reading everything" a more possible task.

    Just this morning I was thinking about the Epic of Gilgamesh (assyrian, 1500 bc) and how it relates to risk analysis in Real Estate development, very enlightening.

  • sbc11th April, 2004

    Are there any versions older than the 1972 revised release of "How to Read A Book"

  • commercialking11th April, 2004

    sbc,

    yes, Adler first published this in something like the 1950's, how many pages in the 1972 version? The best ones were less than 100 pages (maybe less than 50 it was a long time ago when I read it). By the end he had it up to close to 300.

  • sbc11th April, 2004

    Amazon states it has 460+ pages. Maybe I'll check the library or another venue.

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