I want to understand real estate investing

Library · Reading path · 4 books

Who it is for

For people thinking about buying a rental property or growing a property portfolio.

What you will learn

How to read the numbers of a deal, estimate cash flow, finance it and think about a portfolio.

Why this order

From the idea to the numbers, and from one home to a portfolio. The three technical books are American: the method carries over, the tax and rental law do not.

  1. Rich Dad Poor Dad

    Robert T. Kiyosaki. Reading: Easy. Finance level: Beginner.

    The idea of assets and cash flow, read critically: it is mindset, not method.

  2. The ABCs of Real Estate Investing

    Ken McElroy. Reading: Easy. Finance level: Beginner.

    Moves to the numbers: net operating income and how to check the seller's figures.

  3. The Book on Rental Property Investing

    Brandon Turner. Reading: Moderate. Finance level: Intermediate.

    The whole process: strategy, calculations, financing, buying and managing tenants.

  4. The Millionaire Real Estate Investor

    Gary Keller, Dave Jenks and Jay Papasan. Reading: Moderate. Finance level: Intermediate.

    How to think about a long-term property portfolio once you own the first home.

If you already know some of it

If you already own a rented property, start at step 3.

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