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Book recommendations

Discussion in 'Information Resources & Tools' started by Small_investor, 27th Jun, 2016.

  1. Small_investor

    Small_investor Active Member

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    Hi can you guys recommend some good books for creating wealth and everything related to IP's for beginners thanks
     
  2. House

    House Well-Known Member Premium Member

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    Big book list here- Book list

    But anything from Margaret Lomas, Jan Somers, Steve McKnight, Pete Wargent, Noel Whittaker or Michael Yardney would be a good start. Check your local library or Vinnies;)

    Also highly recommend reading all of Terry's Tips
    Terry's Tax Tips
    Terryw's legal Tips Index

    Decent free book from Chris Gray- Book | Your Empire
     
    Last edited: 29th Jun, 2016
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  3. dabbler

    dabbler Well-Known Member

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    Books bore me, still have not read an investment book yet, although I do own one.

    Everything is here, not only that, it talks to you....you can even have some comedy on the side, what else could you want ?
     
  4. Small_investor

    Small_investor Active Member

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    You are right, books can be boring. But it's good to have another source of knowledge and reference specially coming from very successful people.
     
  5. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    While I agree this forum has a wealth of info - 90% of what one could need, there's a lot to be said for the book format – they're immersive, deep, substantial and holistic. I devoured dozens of books while I scoured Somersoft. BOTH were critical.

    @Small_investor, the book list linked to is pretty intimating, so here's a few that I thinks match what you're asking that had a big impact on me. Google them for more info:

    George Clason - The Richest Man in Babylon
    Jan Somers - More Wealth from Residential Property
    Jane Slack Smith - Your Property Success with Renovation
    Jeff Olson - The Slight Edge
    Napoleon Hill - Think and Grow Rich
    Pete Wargent - (any of his books are great)
    Thomas J. Stanley - The Millionaire Next Door

    www.mrmoneymustache.com
     
  6. dabbler

    dabbler Well-Known Member

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    Many of the opinions formed here probably come from an interpretation from books as well (probably the best bits).

    Also some are probably successful from book writing and speaking, so be selective, treat as a guide, many may also be outdated by things like financial changes.

    Not saying do not do it, I do not like books at all for various reasons, carry on though if it works for you :) It also cannot hurt if not taken literally and you enjoy book reading.
     
  7. dabbler

    dabbler Well-Known Member

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    What was the critical 10% that you could not get from here, besides an exercise in reading (which is fair enough if you enjoy) and then no matter how good a book is, even if it seems written just for you, it cannot interact.

    I suppose it will depend on your background, I had a very good understanding of property way before I bought first one, but not on investing, what am I missing by not reading these books that is kept away from the forum here ? genuinely curious.
     
  8. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    Depth, immersion, substance, holism. :)

    There's something to be said for both formats.
     
  9. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    The Jan Somers book is a personal favourite - it was the first IP related book I read. It's great for learning the fundamentals.

    Cheers

    Jamie
     
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  10. dabbler

    dabbler Well-Known Member

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    I thought of a good reason for people new to property, organisation.

    Book is organised in layout, and should flow, the forum is chaotic, ad hoc and can be hard to find things.

    I do not think there is a lack of depth, detail, substance etc, I can see the above would be of great value to many.
     
  11. Leo2413

    Leo2413 Well-Known Member Premium Member

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    A good book to add to your library imo. Talks about a lot of good concepts related to success. Nothing amazingly 'new' but I liked it and found myself highlighting a few things. I'm also a fan of the series he's in Million Dollar Listing (Los Angeles). Yes i'm sure some of the dialogue is for the camera but I still got value out of watching the series, and also watching some amazing deals being done with interesting negotiation tactics.

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