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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Piggyback Transfer Posted by Ward-CA- on April 24, 2003 at 11:19 AM In Reply to: Re: L.A. County Office requesting Trust Agreement?? posted by Jorge on April 20, 2003 at 11:43 AM : Hello Ward, : I posted some questions awhile back but a lot of other people also posted and so my message went to the bottom of the page. So here they are again. : 1. I often read as many books as possible on real estate investing because I am a neophyte investor and want to learn as much as possible. I turn to the L.A. Sunday Times where Robert Bruss reviews books but it seems that nowadays everybody and their brother is writing a book on the subject. If you had to make a top-ten-best-of-all-time list what would it be? : 2. I am a member of Marshall Reddick's group and they invest in about 25 different states at this time. I also subscribe to various financial magazines (Kiplinger's, Smart Money, Money etc.). Since the stock market has been doing so terrible in the last couple of years they have been writing more and more articles on real estate. What is confusing to me is that one article will talk about a certain city or state saying that it is a great oppotunity for investing in. Later I will read another article in another magazine that will talk about the same place and how bad it would be to invest in this area. I also talk to various investors and always seem to get conflicting views on where to invest in. Some people will tell me that a certain area stinks and others will tell me that same area is great. Needless to say It leaves me confused as to who is really right. I would like to determine this no my own and learn to do my own "homework" so I don't have to rely on others. Is there anybody you know that teaches a class just on the aspect of how to study the economic factors (and which ones are most important in regards to real estate) of an area to determine which areas are ready to take off and which areas are flat or are about to take a dive in prices? Perhaps you know of a book on this subject? : 3. You mentioned in an earlier post that you feel a "chill" coming on concerning the real estate market. Is that just for the wildly strong California market or the real estate market in general? What do you think of the Florida market? I plan on moving there in about 15 to 18 months. Prices have gone up quite a lot there and I wonder if they will level off or come down some : Sorry to bother you about this but I really value your expert opinion. When it comes to real estate investing I'm just a wet behind the ears rookie and your Joe D.,Mickey Mantle,and Babe Ruth rolled up into one. Many thanks in advance!! =•=•=•=•=•=•=•=•=•=•=•= Vic, An explanation is in order. As you’re aware this board has received thousands of posts and thus there are thousands of replies. Somewhere in those thousands there’s a great reply to your post hereinabove. But try as I can, I can’t get to all of the past post/replies because of some broken links that prevent a simple search on key words through that mass of data. Until the search window is fixed I feel grounded. So I have taken the time to individually peruse most of those past thousands of posts trying to find what you want manually. Well it’s to no avail until the search function is restored. However, in the meantime I do have a growing list of book titles that’s better than nothing. #1. Some items on this list I’ve read and some I have not. And they’re not in any particular order, but I offer it as a temporary sop until I can pull up the real deal. Book Suggestions The E Myth by Michael E. Gerber (1986) The 7 Habits of Highly Effective People by Stephen R. Covey (1989) You Can't Teach a Kid to Ride a Bike at a Seminar by David H. Sandler The Richest Man in Babylon by George S. Clason (1926) Still avail in stores. Think And Grow Rich by Napoleon Hill (1937) Still avail in stores. The Greatest Salesman In The World by Og Mandino (1968) How I Turned $1,000 Into 3 Million In Real Estate – In My Spare Time by William Nickerson (1959) Landlording by Leigh Robinson (seventh edition) Nothing Down by Robert Allen (1980) The Smart Investor's Guide to Real Estate by Robert Bruss (1982) The Millionaire Next Door by Thomas J. Stanley, Ph.D. & William D. Danko, Ph.D.(1996) Find It, Buy It, Fix It by Robert Irwin (1996) 5 Magic Paths To Making A Fortune In Real Estate by James Lumley (2000) Investing In Real Estate (second edition) by Andrew McLean and Gary W. Eldred (1996) Real Estate Investments and How to Make Them by Milt Tanzer (1997) The McGraw-Hill 36-Hour Real Estate Investment Course by Jack Cummings (1992) Real Estate Finance and Investment Manual by Jack Cummings (1997) The 16% Solution by Joel S. Moskowitz (1994) Real Estate Tax Sale Manual by Thomas Hendricks Real Estate for Pennies by Ed C. Tomlinson (1993) Invest in Debt by Jimmy Napier (1983) The Hidden Secrets Of A Real Estate Technician by Bryan Wittenmyer Perpetual Income by Bryan Wittenmyer All About Escrow (sixth edition) by Sandy Gadow (1999) The Buy and Hold Real Estate Strategy : How to Secure Profits in Any Real Estate Market by David T. Schumacher and Erik Page Bucy (1992) Buy and Hold: 7 Steps to a Real Estate Fortune by David T. Schumacher (2000) #2. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Hello Ward, : : I posted some questions awhile back but a lot of other people also posted and so my message went to the bottom of the page. So here they are again. : : 1. I often read as many books as possible on real estate investing because I am a neophyte investor and want to learn as much as possible. I turn to the L.A. Sunday Times where Robert Bruss reviews books but it seems that nowadays everybody and their brother is writing a book on the subject. If you had to make a top-ten-best-of-all-time list what would it be? : : 2. I am a member of Marshall Reddick's group and they invest in about 25 different states at this time. I also subscribe to various financial magazines (Kiplinger's, Smart Money, Money etc.). Since the stock market has been doing so terrible in the last couple of years they have been writing more and more articles on real estate. What is confusing to me is that one article will talk about a certain city or state saying that it is a great oppotunity for investing in. Later I will read another article in another magazine that will talk about the same place and how bad it would be to invest in this area. I also talk to various investors and always seem to get conflicting views on where to invest in. Some people will tell me that a certain area stinks and others will tell me that same area is great. Needless to say It leaves me confused as to who is really right. I would like to determine this no my own and learn to do my own "homework" so I don't have to rely on others. Is there anybody you know that teaches a class just on the aspect of how to study the economic factors (and which ones are most important in regards to real estate) of an area to determine which areas are ready to take off and which areas are flat or are about to take a dive in prices? Perhaps you know of a book on this subject? : : 3. You mentioned in an earlier post that you feel a "chill" coming on concerning the real estate market. Is that just for the wildly strong California market or the real estate market in general? What do you think of the Florida market? I plan on moving there in about 15 to 18 months. Prices have gone up quite a lot there and I wonder if they will level off or come down some : : Sorry to bother you about this but I really value your expert opinion. When it comes to real estate investing I'm just a wet behind the ears rookie and your Joe D.,Mickey Mantle,and Babe Ruth rolled up into one. Many thanks in advance!! : =•=•=•=•=•=•=•=•=•=•=•= : Vic, : An explanation is in order. As you’re aware this board has received thousands of posts and thus there are thousands of replies. Somewhere in those thousands there’s a great reply to your post hereinabove. : But try as I can, I can’t get to all of the past post/replies because of some broken links that prevent a simple search on key words through that mass of data. Until the search window is fixed I feel grounded. So I have taken the time to individually peruse most of those past thousands of posts trying to find what you want manually. Well it’s to no avail until the search function is restored. : However, in the meantime I do have a growing list of book titles that’s better than nothing. : #1. Some items on this list I’ve read and some I have not. And they’re not in any particular order, but I offer it as a temporary sop until I can pull up the real deal. : Book Suggestions : The E Myth by Michael E. Gerber (1986) : The 7 Habits of Highly Effective People by Stephen R. Covey (1989) : You Can't Teach a Kid to Ride a Bike at a Seminar by David H. Sandler : The Richest Man in Babylon by George S. Clason (1926) Still avail in stores. : Think And Grow Rich by Napoleon Hill (1937) Still avail in stores. : The Greatest Salesman In The World by Og Mandino (1968) : How I Turned $1,000 Into 3 Million In Real Estate – In My Spare Time by William Nickerson (1959) : Landlording by Leigh Robinson (seventh edition) : Nothing Down by Robert Allen (1980) : The Smart Investor's Guide to Real Estate by Robert Bruss (1982) : The Millionaire Next Door by Thomas J. Stanley, Ph.D. & William D. Danko, Ph.D.(1996) : Find It, Buy It, Fix It by Robert Irwin (1996) : 5 Magic Paths To Making A Fortune In Real Estate by James Lumley (2000) : Investing In Real Estate (second edition) by Andrew McLean and Gary W. Eldred (1996) : Real Estate Investments and How to Make Them by Milt Tanzer (1997) : The McGraw-Hill 36-Hour Real Estate Investment Course by Jack Cummings (1992) : Real Estate Finance and Investment Manual by Jack Cummings (1997) : The 16% Solution by Joel S. Moskowitz (1994) : Real Estate Tax Sale Manual by Thomas Hendricks : Real Estate for Pennies by Ed C. Tomlinson (1993) : Invest in Debt by Jimmy Napier (1983) : The Hidden Secrets Of A Real Estate Technician by Bryan Wittenmyer : Perpetual Income by Bryan Wittenmyer : All About Escrow (sixth edition) by Sandy Gadow (1999) : The Buy and Hold Real Estate Strategy : How to Secure Profits in Any Real Estate Market by David T. Schumacher and Erik Page Bucy (1992) : Buy and Hold: 7 Steps to a Real Estate Fortune by David T. Schumacher (2000) : : #2. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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