Suggested sequence for reading my Succeeding and real estate investment books
Posted by John Reed on
A visitor to this Web site suggested I create a list of my books that shows the sequence in which a real estate investor should read them. Great idea. Here it is.
Investors should read my books in the following order:
1. Succeeding (Tells how to succeed in life in general including making the decision whether to choose real estate, not part of the real estate bundle)
2. An American Principal Residence is the Most Advantaged Investment on Earth: Maximize Yours
3. How to Get Started in Real Estate Investment
4. How to Buy Real Estate for at Least 20% Below Market Value, Volume 1
5. How to Buy Real Estate for at Least 20% Below Market Value, Volume 2
6. How to Increase the Value of Real Estate
7. Real Estate Investor's Monthly on Real Estate Investment Strategy volumes 1, 2 and 3
8. How to Manage Residential Property for Maximum Cash Flow and Resale Value (temporarily out of stock)
9. Aggressive Tax Avoidance for Real Estate Investors
I also have the following books which you would want to get if you were about to take the specific action to which they pertain:
- How to Buy Real Estate for Little or No Money Down
- Checklists for buying Rental Houses and Apartment Buildings
- How to Do a Delayed Exchange
- Single-Family Lease Options
- Distressed Real Estate Times
Best Practices for the Intelligent Real Estate Investor. This book could be titled “Advanced Fundamentals of Real Estate Investment.” But I was unable to write it until I had 40 years of experience.
Beginners think in terms of discrete things like doing a fixer or managing a property they own. People who have been around for 40 years, see things more holistically—lots of moving parts that have to mesh together—whether it’s real estate investment or being a parent or coaching a football team. Beginners, however, do not think like that, nor are they ready to. It overwhelms them and is not what they expected. Better they learn A then B then C then D rather than how A, B, C, and D fit together—at least at first.
If you are a beginner, you are probably not ready for Best Practices… yet. Only after you have been through the mill a few times will it make sense to you. Unfortunately, when you wait until then to read it, you will have been through the mill more than you should have because you did not know what it said until too late. It’s like my Succeeding book. A lot of readers say the same thing: “I wish I had read this when I was young, but I probably would not have understood it then.”
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