If you’re looking to get into real estate investing, you’ll need all the help you can get. We’ve compiled a list of the five must-read real estate investment books in 2023 that the investors at Maddd Equities, Bronx, NY, have gotten their hands on. These books will teach you everything you need to know about the business, from finding properties to flipping them for profit.
The Millionaire Real Estate Investor By Gary Keller
The Millionaire Real Estate Investor by Gary Keller is a comprehensive guide to becoming a successful real estate investor like those at Maddd Equities. In it, Keller covers everything from finding properties to flipping houses. He also provides detailed information on the different types of investments, such as fix-and-flips and buy-and-holds.
One of the book’s most practical aspects is the financing section, which explains the different ways to finance an investment property. Overall, The Millionaire Real Estate Investor is an excellent resource for anyone interested in starting a career in real estate investing.
The Automatic Millionaire By David Bach
In his book The Automatic Millionaire, David Bach provides readers with a simple but effective plan for achieving financial security. Bach argues that anyone can become a millionaire by automating their finances and investing in long-term assets.
While some may be skeptical of Bach’s claims, the principles he outlines are sound and have been proven to work time and time again. Following Bach’s advice, readers can take control of their financial future and make their dreams of financial freedom a reality.
Your Money or Your Life by Joe Dominguez and Vicki Robin
In their book, “Your Money or Your Life,” Joe Dominguez and Vicki Robin challenge readers to think about their relationship with money. They argue that most people work not because they enjoy their jobs but because they need the money to pay for their living expenses. As a result, they often end up sacrificing their time, energy, and health in exchange for a paycheck.
Dominguez and Robin suggest that instead of trading our time for money, we should align our finances with our values. Only by doing this can we hope to achieve true financial freedom. While their book has been criticized by some for being overly simplistic, its message is an important one: when it comes to money, it’s essential to stop and think about what you want out of life.
The E-Myth Revisited by Michael Gerber
First published in 1986, The E-Myth Revisited has become a business classic. In it, author Michael Gerber lays out a framework for understanding the role of the entrepreneur. He argues that most businesses are started by people passionate about a particular product or service but need more business skills to build a successful company.
As a result, these businesses quickly become overwhelmed by the operation’s day-to-day tasks. Gerber provides entrepreneurs with a step-by-step guide for building a sustainable business, from developing a transparent business model to hiring and managing employees. The book has resonated with entrepreneurs worldwide, like those at Maddd Equities, and its framework remains relevant today.
Final Thoughts
Whether you’re just getting started or already a seasoned investor, make sure these five titles are on your reading list for 2023. These books will give you a crash course in real estate investing, from finding and financing properties to more advanced topics like property management and investment analysis. Arm yourself with knowledge and get ready to start making money in real estate like the investors at Maddd Equities.