Posted by Larry Lane on April 06, 2000 at 23:55:56:
no doubt about it! robert t. kiyosake Rich Dad, Poor Dad - the sequel The Cashflow Quadrant - and soon to be a classic his latest Rich Dad’s Guide to Investing.
The Millionaire Next Door is very good and enlightening about the habits and practices of the “real” wealthy.
I’m just getting started, and wanted to find out what books
others could recommend to me on real estate investing. I need to learn the basics (have some knowledge, but need more). I have the Carlton Sheets basic program, but need more info. I was considering the Ron Legrand course for $50, but decided that books may be the better way to go. Also,I’m very interested in lease/option & flipping.
Any help would be greatly appreciated.
Thanks to everyone - Rob
Re: What are some great books you can recommend a newbie? - Posted by Tim (Atlanta)
Posted by Tim (Atlanta) on April 07, 2000 at 13:50:59:
My favorites are:
Rich Dad Poor Dad – describes the difference in mindset between the wealthy and the poor
Fast Cash with Quick Turn Real Estate by Ron LeGrand – a book about fliping properties
Creating Wealth by Robert Allen – The first half is about wealth creation and the second half is specific to real estate. Includes many forms. This book preaches buy and hold – the opposite of Ron LeGrand
Additionally I have read,
The Millionaire Next Door – all but about 3 pages were boring. Some interesting facts, but two Doctors wrote it, therefore, the book reads like a boring case study.
The Richest Man in Babylon – so,so. Good points, but this book took too long to make them. The same ideas can be found in better from in Rich Dad Poor Dad
Also, you should just go down the list of reccommended reading at the end of Rich Dad Poor Dad. Many of these are classics for all aspects of business
“The Richest Man in Babylon” is a universal classic, if you want to understand how money works. Ignore John. “Rich Dad, Poor Dad” is one of the best books I’ve ever read.