Best books for real estate (investing) for beginners? Never had the desire to get into it until now and would love insight into first steps

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The ABC’s of Real Estate investing is good… and What every real estate investor needs to know about cashflow

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Does it have to be a book?

The Real Estate Rookies podcast from Bigger Pockets is pretty good. Also, the content from @InvestWithAce on IG is incredible, especially for out of state investing. He has an educational program he sells, but 60% of the content is also in his IG feeds and reels if you look thru it all.

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Have you implemented this teachings?

Book on rental property investing by Brandon Turner

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Step 1 wait for rates to come down

Also seems like a decent time to get licensed and learn before rates drop and everyone buys again

Rich Dad/Poor Dad, also known as the Purple Bible amongst real estate investors.

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For couples who are not married yet - Do you guys talk about net worth, income, or anything even finance related? I know my SO earns more given his current industry, but thinks it’s rude to talk about those things. But I’m wondering… isn’t it normal for couples who live together or are married share those info? For example - How am I going to know what to pay for our child’s education in the future etc?

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My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

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Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

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If I made $1000 in dividends this year, would I have to pay any tax on it if my total yearly income was less than $20000?

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Bought shares in AFI and ARGO with plans to sell them this year to buy a house
Sell now before they crash even more?
Or put off buying a house untill the market bounces back?

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I’ve always been a big saver minimum 15% to maxing out my 401k since I graduated college. I’m married to someone who thinks 6% is enough and likes $$$ cars. Other than the cars, they dont really spend money. For the married 🐠, how do you have the conversation with them that what they are doing isn’t enough? I try to guide them and say you want the $$$ cars but the salary you have won’t get there and you’re going to have to find a job that gets them the salary…. Then the fight starts.

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Hi All, I am exploring a contract position and they are offering the below. As I am new to contracting, Please suggest which one is better Option 1: $70/hr on W2
Option 2: $80/hr on 1099
I live in the Bay Area, CA if it matters.

Thank you so much !

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Has anyone successfully “ported” their mortgage? Just learned about this and doing some research since rates are so high now. Current rate is 3% and new home will be more expensive, for context.

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Is blockfi only a bank and not really investing in crypto?

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Is 80k cash + 20k company share a good deal for a junior dev role in the bay area?🙏

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Looking for a great realtor with knowledge of East Austin. Any recs?

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Could anyone recommend a set of indices that are publicly available and is a good predictor for consumer spend in home renovations ?

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First time participating in ESPP this last period. I received a heads up email that Morgan Stanley will get in touch to open a broker account, but not heard from MS themselves. Anyone in a similar situation?

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Which bank account is better for salary account?

HDFC
Axis

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What's a usual amount of time that you have to stay somewhere in order for your RSUs to vest?

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Leaving firm and thinking about what to do with my 401k. Any reason not to roll it over to my own IRA vs leaving as is or moving to new company 401k?

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KEC International looks good to buy around 350 levels

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Have you ever taken a job you know you will hate because you needed the money right away? I have a family to take care of. I don't want to be plowing through our savings for selfish reasons like my mindframe at work, but I don't want to make our lives worse by being miserable. It's a matter of really ruining some of our financial future if we don't get money soon.

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Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

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Can grad students get $20k forgiven if they got Pell in undergrad but outstaning loans are only for grad school?

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Hi Fishys,
I'm looking for a trainers on urgently Who can provide online training Full Stack Developer, Python Developer, Web UI Developers, and Mobile application developers with Blockchain technology. Please contact me @ +91 6360246548

When potential clients tell you they’ll hire your firm but they want to be 100% reimbursed from you if you aren’t able to get them the outcome they want - how hard is it not to laugh?! 🤦🏽‍♀️🙄

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What’s the difference between FAAS and FDD? Also which one pay better?

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Hi admin again posting this my last poat comment are not enabled air please repost it

Hi All

@aashuonly ur comment matter

hope you all are in good health

Neeed help from the genuine guy who are there in It working

Actually I got on offer from wipro(x+.5 charles wab pune) Capgemini(x+.5 hsbc hyd )hcl(x+1 but Gurgaon rbs client ) ust ( vmware client Hyderabad) and mindteee (x+.5 client Salesforce) but my manager(Accenture) had told me am in good books i will gwt promotion in coming quarter

How are the hikes at @UBS

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Question for married family men at MBB,

how do you balance work and family life?

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Hi Fishers. Good Morning! I got offer in Citi. Can someone let me know whether we can go home and connect. Or we just need to stay in office until all call gets over. Do they provide laptops for new joiners. Citi

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If I give the offer from Deloitte to kpmg, will kpmg match that offer? Deloitte KPMG

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Check the overtime laws for your state!!

I just recently worked 58.6 hours in a week, weekly pay, nice OT profit right? Depends on where you live.

In Iowa, there is no Overtime pay mandate, the overtime pay is at the discretion of the business. I received 58.6 hours of base pay for the week.

If the company makes less than $1 million per year or does not engage in intercontinental sales, the company is not required to pay the overtime rate of time and a half, just your base rate.

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Every partner that I work with

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I have been looking at the curriculums for Harvard Business School's Master of Business Administration and Harvard Extension School's Master's in Management. They both have the same requirements, generally speaking, including a field immersion course that serves as a capstone in the Master's in Management, which is fairly new. If I am not able to gain admission to Harvard Business School, but wanted a similar educational experience to become a consultant, should I attend Harvard Extension?

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Best way to cash $2000 in visa gift cards?

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Married men of this group,
What advice would you like to give to the younger generation who are single/about to get married?

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During a 90 minute model test are you typically expected to build out the full pro forma B/S?

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Are there any similar off the shelf hardware setups similar to Helium that would serve a newbie well?

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How is the SAP consumer market practice at PwC?

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Additional Posts in The Real Estate Bowl

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

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I recently bought my 1st home in TX. I want to get into real estate and eventually own/rent out multiple homes. Are there any good recommendations/tips on books/articles/websites that others have used to get started?

I've read about HELOC and cash out refinance to get a 2nd home but articles are so scattered that it gets confusing which is better in terms of tax benefits and immediate costs, etc. Anything others have found helpful that summarized how to get started would be great!

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We just moved into a 50 year old house. We got the popcorn ceiling removed in the garage plus had the walls done. We didn’t use an official asbestos expert because of the price.

The horrible, dirty people that lived there before us left us a crappy mess. Hope we are not exposed, nor the neighbors.

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How long did it take you to buy your first million dollar home? What were the steps you took to get there?

My dream neighborhood is 10 min down the road but entry point is 1.2m. Currently my house is worth around $550k

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My clients wish to write a testimonial/review for my RE broker services. What is the best site/medium for this? Yelp? Google Review? Zillow? Facebook?

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Finally got an offer accepted on a home I love! (In DC) Spent months searching. Next thing is getting to the closing date.

Now I feel super anxious about everything going thru and getting the keys. How difficult is that process of getting to close, have heard the underwriting portion could be a headache?

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Has anyone here used New Western to buy real estate deals?

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Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

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If I’m a Real Estate Agent buying my own property, can I negotiate the Buyers Agent commission to be 0% instead of being paid the buyers commission? Essentially converting what would be Income into Cost Savings for tax purposes?

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Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

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Better mortgage vs. Rocket mortgage - anyone shopped with both and what swing your decision?

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What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later.

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Can I get a commercial loan without 25% down?

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What is the term for giving your home buyers a credit for immediate renovations they will have to do before or upon moving in? And how does it affect the seller?

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My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

like

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

like

Recently freed from the consulting game (starting end of next week) with a great severance and new energy around RE. Closed our first REPE fund last year as well as a sizeable personal portfolio in a large midwestern city, all on the side.
If you’re accredited and interested in putting some $ to work in this super low yield environment, ping me! Ramping up the next fund soon.

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I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

Hey everyone, curious about pros/cons and profitability of renting out a unit long term vs AirBnB. Let’s say it’s a condo downtown in a big city, how do you figure out what’s the better option?

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Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

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