Real Estate Investing Resources:
Top Realestate Investing Books:
You'll notice a few of these are syndicated by BiggerPockets and authored by either Brandon Turner. They really have done a nice job with these. *Full disclosure: I do receive a small payment if you click on one of these links and purchase that book.
The Book on Rental Property Investing
The Book on Managing Rental Properties: A Proven System for Finding, Screening, and Managing Tenants with Fewer Headaches and Maximum Profits
The Book on Investing in Real Estate with No (and Low) Money Down: Real Life Strategies for Investing in Real Estate Using Other People's Money
Build a Rental Property Empire: The no-nonsense book on finding deals, financing the right way, and managing wisely.
50 Real Estate Investing Calculations: Cash Flow, IRR, Value, Profit, Equity, Income, ROI, Depreciation, More
What Every Real Estate Investor Needs to Know About Cash Flow, and 36 Other Key Financial Measures
The Millionaire Real Estate Investor
Landlording on AutoPilot: A Simple, No-Brainer System for Higher Profits, Less Work and More Fun (Do It All from Your Smartphone or Tablet!)
Magic Bullets in Real Estate
The Landlord's Troubleshooter: A Survival Guide for New Landlords Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That The Poor And Middle Class Do Not!
Note: Rich Dad Poor Dad gets a bad rap sometimes. It is very "cheesy and over the top" and the author should be ashamed of himself in his approach. But .. the reason I so highly reccommend "Rich Dad Poor Dad" is because, frankly, it gets people excited about money, and investing in real estate. And it does beautifully teach the concep of putting your money into things that make money vs. things that depreciate. Don't buy the series, or the seminars, just read this one, and maybe Rich Dad Poor Dad's guide to investing. It will just put a little gas in your tank, and that alone is worth the cost.
Top Financial / Personal Development Books:
Stocks, bonds, retirement, financial planning, personal development. Some of these have been on top-ten lists for over fifty years.I would recommend EVERY book by Tim Ferris, especially The Four Hour Workweek
The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich
Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers
Tribe of Mentors: Short Life Advice from the Best in the World
The 4 Hour Body: An Uncommon Guide to Rapid Fat Loss, Incredible Sex and Becoming Superhuman
The 4-Hour Chef: The Simple Path to Cooking Like a Pro, Learning Anything, and Living the Good Life
3 of my personal favorites that I just bought for my daughter
The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change (by Stephen R Covey)
How to Win Friends & Influence People (by Dale Carnegie)
Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (by Napoleon Hill)
Principles: Life and Work by Ray Dalio
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (12th Edition)
One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel
Security Analysis: w/ Foreword by Warren Buffett 6th Edition
How to Make Money in Stocks: A Winning System in Good Times and Bad, 4th Edition
Reminiscences of a Stock Operator by Edwin Lefevre
The Millionaire Next Door: The Surprising Secrets of America's Wealthy (by Thomas J. Stanley Ph.D.)
The Next Millionaire Next Door: Enduring Strategies for Building Wealth (by Thomas J. Stanley Ph.D.)
The Simple Path to Wealth: Your road map to financial independence and a rich, free life (by J L Collins)
You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt
The Essays of Warren Buffett: Lessons for Corporate America
Software & Apps
The Journal by DavidRM software: This is one of my favorites and I used to write 3 books and organize thousands of pages of important information. And of course...you can use it to Journal too.
Product Info || Demo || Order
Websites / Forums
BiggerPockets.com: Biggerpockets.com is the most popular website for networking & learning that you could ever imagine. It's a one-stop shop for articles, deal analysis, podcasts, and maybe the most important gift: Motivation. If you only do one thing today as a result of visiting our website, signup for bigger pockets.
Early Retirement Forum: Though not strictly real estate related, this is usually one of the reasons we get into it. I've found this forum filled with helpful, friendly folks.
Investor Junkie: Great site for everything investing related with a good chunk devoted to realestate investing
Noteworthy: These are my 3 "go to" Facebook groups:
Choose FI || Choose FI Realestate || FatFIRE
Turnkey properties for sale in Waterville / Winslow Maine
RealEstateMe.com: Yes folks this is a shameless plug for our own properties, and why not? We've worked very hard creating this portfolio and we believe it would perform nicely for any investor. Cap rate for whole portfolio is about 9%, though 21 of the 31 units are 10-11%.
Legal & Financial (Central Maine)
O'Donnel Lee PA: Handles all landlord-tenant issues as well as some closings
Marden, Dubord, Bernier & Stevens: Old fashioned, and just plain good. We use them for our estate planning as well as some real estate closings
General Property Management & Maintenance Resources
Landlord & Tenant Forms
Financing (Central Maine)
Kennebec Savings Bank is a true "portfolio" lender we've had great luck with. They are a good old fashioned portfolio lender and we cannot recommend them highly enough.
Kennebec Savings Bank
Dave Grenier / Andy Rhoads
226 Main St, Waterville, ME 04901
(207) 872-5563
DGrenier@kennebecsavings.com
