Source: Presenter Media
Real Estate Books
Using business books to learn more about real estate is both an excellent idea and a challenge at the same time. Listening to what experts have to say about anything is a wise strategy. A well-written real estate book can be a cost-effective source of expert advice. But then come the inevitable challenges:
- What kind of advice do I need?
- Which experts?
- Which books?
There is not likely to be a single source providing all the help you will need as you attempt to learn more about real estate. The best you can hope for is that you find a few realistic information sources. Our goal here is to lend a helping hand on your real estate journey by offering practical learning choices that include a short list of recommended real estate books.
Source: Presenter Media
Real Estate Dictionary Recommendation
Mastering the Financial Aspects of Real Estate
What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures
Many of us can be intimidated when it comes to financial measures used to evaluate real estate investments. It is wise to master the numbers, and this is the most practical book that I have encountered which will help you do it. Frank Gallinelli has also written other commendable real estate books, but this is the one I recommend if you only buy one.
Amazon Price: $10.15
List Price: $22.95 |
Source: Presenter Media
Asking Questions
Eventually you should make sure that you are asking the "right questions at the right time". But in the beginning of your quest for real estate knowledge, try to learn as much as you can without the pressure of a "to do" list. Here are two question examples that can guide you as you get started:
- Is this a good time to invest in real estate? The video in the next section provides the perspective of Warren Buffett. Please keep in mind that even he is not always right about financial markets! Additionally, it is critical to remember that a long-term viewpoint is how Warren Buffett continues to be successful, and this longer time frame is certainly part of his real estate investing advice.
- Do I want to buy real estate myself or do I want to help others buy and sell property? If you want to be a real estate broker/agent, the second video shown below represents some useful observations and career information.
Warren Buffett Talks about Buying Real Estate
Applying Warren Buffett's Teachings to Real Estate
Source: Presenter Media
Real Estate Location Quiz
Valerie Fitzgerald Talks about Her Real Estate Career
Success in Real Estate Is Not Easy
Source: Presenter Media
More Questions?
As you read about what real estate experts have to teach you, it will be natural to identify questions and concerns that might not be adequately discussed in books. When you become more specialized and advanced in your research and decision-making, some of the following questions are likely to emerge:
- Is reliable real property financing available from financial markets?
- How will the recent financial crisis impact both residential and commercial real estate?
- Can I avoid banking problems that have created weak institutions known as zombie banks?
- How does Plan B and contingency planning apply to real estate?
- What is negotiable? Will finance negotiation strategies help?
- Should I use cash or debt to buy real estate?
Source: Presenter Media
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