All Topics / General Property / Books for newbies??

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  • Profile photo of mattlachmattlach
    Member
    @mattlach
    Join Date: 2007
    Post Count: 7

    Hi,

    Can you please recommend the best books to check out.

    Im a newbie who is keen to get my feet wet but i need to read as much as possible about it all first.

    Cheers.

    Profile photo of ArtaudArtaud
    Participant
    @artaud
    Join Date: 2006
    Post Count: 97

    Hola.

    Personally I found that when starting out it was good to read a couple books with broad coverage of the property investment field. From there I identified my target niche (development) and started picking up some more specific texts.

    In the beginner’s department I found Dolf De Roos’ ‘Real Estate Riches’ (part of Robert Kiyosaki’s Rich Dad’s Advisors series) to be a great introduction. He waves the real estate flag pretty hard and omits a lot of detail but it’s a good overview on the property investment world and is pretty easy to read. If you can’t find it in your local try online sources.

    The second book I found interesting and inspirational is Australian author and speaker Dale Beaumont’s ‘Secrets of Property Millionaires Exposed.’ Sure, it’s a slightly cheesy title but it has interviews with a dozen or so successful real estate millionaires. All of them take a different approach to property investment and it’s a great eye opener in terms of the different approaches to wealth creation using property as a vehicle (buy and hold, renovate for profit, development etc).

    It also helps a great deal to check out the monthly magazine Australian Property Investor – well worth a look.

    In terms of general investment you simply can’t go past the all time George S Clason classic ‘The Richest Man in Babylon.’

    Best of luck,
    Art

    ‘Great spirits have always encountered violent opposition from mediocre minds.’ – Albert Einstein

    Profile photo of sproul69sproul69
    Member
    @sproul69
    Join Date: 2007
    Post Count: 1

    Hi there,
    Ihave read many books.I have read all of steve Mc Knight. Read his first book it is great for new people. Rich Dad Poor dad is all so a great book. Once you read one of roberts books you will want to read them all. Good luck with your investing it is so much fun. from leanne sproul69

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