New to Property Investing Need Advice

Hi WD

i found Robert Kiyosakis books excellent “Rich Dad Poor Dad” is a great starter. He will change the way you think about money, investing etc. I believe i wouldn’t be where i am today financially, if i hadn’t read RDPD. I bought 10 homes in 1997, it was a few years later when i read Rich dad that i was able to move to the next level. Best $25 i ever spent. No other book apart from the Bible has had a bigger impact on me.

other books like Dold de roos “real estate riches” is also excellent.

Once you have read these you will have a frame to build your real estate investing knowledge.

regards westan

We find deals in the USA with growth potential, with equity and showing at least 14% gross returns. Email at [email protected]

Hi WD,

You can also have a look at the following thread as it contains a number of ‘book reviews’. While the books do not always directly relate to property they do relate to self improvement – in the broadest sense of the phrase.

Ooops – forgot the link. Here it is.

https://www.propertyinvesting.com/forum/topic/6845.html

Derek
[email protected]
http://www.pis.theinvestorsclub.com.au
0409 882 958

Another quick read is “the Weathly Barber”. It really gives an overview and is told like a story, so it is a quick easy read.

Good luck and Welcome to the forum!

Mapleleaf

Achieve the Dream!

WindDrifter,
Here is a link to a FREE downloadable Ebook that I found very helpful to get my psychology adjusted before I started investing. It’s big picture information but I am amazed how principles in this book come back to me and help me to press on with investing in the face of difficulties- I’d love to know what you think after reading it.
Don’t be concerned about the shopping cart link (it leads to a site where other books can be purchased) but I promise that the the ‘Science of Getting Rich’ book is free!!
http://www.1shoppingcart.com/app/?af=364744

I have just started building a website that you may find useful. I am putting in as many property investment resources as I can so that investors don’t need to go searching all over the internet when trying to do research for property. I am also going to use it as my own property investment research site so I can research from the one browser. I am open to questions, suggestions and general feedback because the site is still in the development stage. http://www.freepropertyhelp.com.au

I would recommend “Real Money, Real Estate” by Brad Sugars. It was the first property investing book I have ever read and I wasnt much of a reader either. It certainly opened my eyes and now in the last 3 months I have read about 15 books on PI.
If it wasnt for the eye opener that Brad Sugars’ book gave me I wouldnt be on the fast track to wealth today.
I only have one property but in the last 2 months, I have researched, had a loan preapproved for my second property and drawn up my plan to retire by age 32. That’s 10 years away and very acheivable.
Best of luck on your journey.
Let us know how you are tracking,

Regards,
Lee

Crusher

Great websight! just what i have been looking for.

As a newbie to PI i would suggest a beginners area with links and/or reviews of great books to get started with. this also seems to be a very common thread on this forum.

WD

welcome to the forum. i am in a very similar situation to you. I also suggest ‘Rich Dad, Poor Dad’ but warn that it is very american based. Personally i enjoyed Steves books much better.

If you are interested in renovations then i am in the middle of a good one called “Real Estate Riches from Trash and Treasure” which is aimed at beginners.

Good luck

Cheers
Ben

Some of these books are available via MP3, I know RK has a lot of audio stuff on the market.

I “read” my books whilst walking the dog or driving the car and just finished a very interesting one on Warren Buffett.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Hey!

I have a mate who infuriated me by scanning self help and the like books to make copies UNTIL he informed me that he does it to then forward to The Society for the Blind which makes it legal to do this though only if you are giving it to The Society for the Blind… They have a library and i am sure would have a lot of these books on audio as they do transcribe them to audio…

Dont know the links though.

Let us know how you go if you check it out…

Regards, Jarrah

“ask and you shall recieve”

CASH FLOW+ PROPERTY HUNTER
(Climbing & Consulting
Arboricultural Services)
0431433288

“be ye angels?”,
“nay we are but MEN!”