Recommended Reading
Reading is a powerful tool that can help propel your real estate career and personal life. From understanding the latest tips and trends in the industry to learning more about property management software, reading can open up new avenues of knowledge and success.
For real estate professionals, staying up-to-date on the latest technology is essential for increasing efficiency and better serving customers. For example, hundreds of property management platforms are available today that allow you to manage listings, track payments, create documents, and more – but only if you know how to use them.
This page contains books that Axel personally recommends to his network on an almost-daily basis. He’s read them all and if you click through to purchase on Amazon, he will receive affiliate revenue.
Real Estate Education
Real estate education is essential for anyone looking to get into the industry. It's also necessary for those already in the field, as the ever-evolving real estate technology and software require regular updates and advancements to stay ahead of the curve.
Knowledgeable investors know how to use property management platforms, real estate marketing tools, and other digital resources to maximize their success. They understand how these technologies work together to serve potential clients better and make sales faster. Good real estate educational material will also explain the ins and outs of contract law, negotiation techniques, risk management strategies, and more — all critical components of a successful career in the field.
With so much to learn and stay up-to-date with, real estate education is essential to the job. It can help investors be better prepared for any situation that arises in a transaction. Furthermore, it helps build critical connections within the industry, which can lead to more business opportunities down the line.
Successful real estate professionals understand that knowledge is power. Real estate education provides investors with the tools they need to succeed and be successful in this ever-changing economic landscape. Investing in such educational resources is well worth it. After all, an informed investor will always make wiser decisions than one who must be adequately educated on current market trends and best practices. These are Axel’s favourite books focused on real estate education.
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Buy, Rehab, Rent, Refinance, Repeat
Buy, Rehab, Rent, Refinance; Repeat is the real estate investing strategy that makes financial freedom more attainable than ever: You buy a property under market value, add value with renovations, rent it out to tenants, complete a cash-out refinance, then use that money to do it again. David Greene shares the same systems he used to scale his real estate business, from buying two houses per year to two homes per month using BRRRR.
This easy-to-follow plan will grow your wealth quickly without letting a lack of cash get in the way. You'll create wealth with real estate investment properties and BRRRR your way to financial independence!
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Mindful Landlord
The real estate coaching industry is a noisy place. Gurus, agents, and coaches compete to sell their brand of get-rich-quick training. It's a climate that encourages new investors to take big risks, leverage to the hilt, and do as many deals as possible, fast. As a result, many fledgling landlords seek deals without assessing the quality of what they're buying. There is a real lack of resources that espouse calm. Mindful Landlord offers a middle way through this noise. Focusing on how, what for, how much, and why, author Terrie Schauer takes a holistic view of creating financial freedom through real estate investing.
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More real estate books to come!
Personal Finance
Reading about personal finance can be an invaluable tool for making sound financial decisions. Financial literacy is the basic knowledge to understand and make informed money decisions. Improving your ability to read, analyze and act on financial information allows you to use available resources better and build a secure future. In today's world, technology has become a significant factor in how we manage our finances.
Real estate technology, such as software and property management platforms, provides powerful tools to track investments, manage portfolio performance, identify trends, and more. Using these tools, you can effortlessly search for mortgages that best meet your needs or keep up with changing rules related to mortgage interest rates.
You can also learn strategies for investing in the stock market, understand the impact of inflation and taxes on investment returns, and use asset allocation techniques to diversify your portfolio. A deep understanding of personal finance will give you an edge when making decisions about your money.
You'll be able to better plan for retirement or other long-term financial goals and make sound investments that can help you reach those goals. Learning about personal finance also helps us develop good habits when it comes to spending and budgeting. Knowing how much we should save each month and where our money goes gives us peace of mind, providing certainty in economic uncertainty. It also allows us to be proactive rather than reactive when facing unexpected expenses or changes in income.
Ultimately, reading up on personal finance helps us become more confident and secure in our financial future. It encourages us to take control of our finances and make decisions that benefit us in the long run. With a good understanding of personal finance, you will know to manage your money wisely and achieve financial freedom.
These are Axel’s favourite personal finance themed books.
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Rich Dad Poor Dad
Rich Dad Poor Dad is Robert's story of growing up with two dads — his real father and the father of his best friend, his rich dad — and how both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
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Cashflow Quadrant
Cashflow Quadrant is a guide to financial freedom and reveals how some people work less, earn more, pay less in taxes, and become financially free. This book will change the way you think about jobs, and inspire you to learn the rules of money that the rich use to build their wealth.
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The 80/20 Principle
The 80/20 Principle shows how we can achieve much more with much less effort, time, and resources, simply by identifying and focusing our efforts on the 20 percent that really counts. Richard Koch shows how we can use it in a systematic and practical way to vastly improve our jobs, businesses and lives.
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Never Split the Difference
Never Split the Difference takes you inside the world of high-stakes negotiations and into Voss' head, revealing the skills that helped him and his colleagues succeed where it mattered most: in saving lives. In this practical guide, he shares the nine effective principles - counterintuitive tactics and strategies - you, too, can use to become more persuasive in both your professional and personal lives.
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The Millionaire Next Door
The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door. This new edition, the first since 1998, includes a new foreword for the twenty-first century by Dr. Thomas J. Stanley.
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The Dhandho Investor
In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business savvy Patels from India and presents how they can be applied successfully to the stock market. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger.
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Richer, Wiser, Happier
Billionaire investors. If we think of them, it’s with a mixture of awe and suspicion. Clearly, they possess a kind of genius—the proverbial Midas Touch. But are the skills they possess transferable? And do they have anything to teach us besides making money?
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The E-Myth Revisited
An instant classic, this revised and updated edition of the phenomenal bestseller dispels the myths about starting your own business. Small business consultant and author Michael E. Gerber, with sharp insight gained from years of experience, points out how common assumptions, expectations, and even technical expertise can get in the way of running a successful business.
Self-Improvement
Self-improvement books can be an excellent resource for real estate investors looking to improve their personal skills and increase their success in the industry. Here are a few ways in which self-help books can be beneficial:
Personal Growth and Development: Investors learn how to identify their strengths and weaknesses, manage their time and priorities effectively, and improve their communication skills.
Mindset: A positive and growth-oriented mindset is crucial for success in real estate investing. Self-help books can provide valuable insights into mindset and motivation, helping investors stay focused during challenging times.
Strategy: Real estate investing requires a solid understanding of market trends, finance, and negotiation skills. Self-help books can offer practical tips and strategies for analyzing markets, finding the right deals, and negotiating effectively.
Inspiration: Many self-help books are written by successful entrepreneurs, investors, and thought leaders who share their stories of overcoming challenges and achieving success. These stories can be inspiring and provide investors with the motivation to pursue their goals relentlessly.
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Atomic Habits
If you're having trouble changing your habits, the problem isn't you. The problem is your system. Bad habits repeat themselves again and again not because you don't want to change, but because you have the wrong system for change. You do not rise to the level of your goals. You fall to the level of your systems. Here, you'll get a proven system that can take you to new heights.
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The Subtle Art of Not Giving a F*ck
For decades, we’ve been told that positive thinking is the key to a happy, rich life. "F**k positivity," Mark Manson says. "Let’s be honest, shit is f**ked and we have to live with it." The Subtle Art of Not Giving a F**k is his antidote to the coddling, let’s-all-feel-good mindset that has infected modern society and spoiled a generation, rewarding them with gold medals just for showing up.
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The Alchemist
Paulo Coelho's masterpiece tells the mystical story of Santiago, an Andalusian shepherd boy who yearns to travel in search of a worldly treasure. His quest will lead him to riches far different—and far more satisfying—than he ever imagined. Santiago's journey teaches us about the essential wisdom of listening to our hearts, of recognizing opportunity and learning to read the omens strewn along life's path, and, most importantly, to follow our dreams.
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Wherever You Go, There You Are: Mindfulness Meditation in Everyday Life
Description goes hereWhen Wherever You Go, There You Are was first published in 1994, no one could have predicted that the book would launch itself onto bestseller lists nationwide and sell over 1 million copies to date. Thirty years later, Wherever You Go, There You Are remains a foundational guide to mindfulness and meditation, introducing readers to the practice and guiding them through the process. The author of over half a dozen books on mindfulness, Jon Kabat-Zinn combines his research and medical background with his spiritual knowledge to help readers find peace and change their lives.
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The One Thing: The Surprisingly Simple Truth Behind Extraordinary Results
People are using this simple, powerful concept to focus on what matters most in their personal and work lives. Companies are helping their employees be more productive with study groups, training, and coaching. Sales teams are boosting sales. Churches are conducting classes and recommending for their members. By focusing their energy on one thing at a time people are living more rewarding lives by building their careers, strengthening their finances, losing weight and getting in shape, deepening their faith, and nurturing stronger marriages and personal relationships.
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The Power of Now
It's no wonder that The Power of Now has sold over 2 million copies worldwide and has been translated into over 30 foreign languages. Much more than simple principles and platitudes, the book takes readers on an inspiring spiritual journey to find their true and deepest self and reach the ultimate in personal growth and spirituality: the discovery of truth and light.
In the first chapter, Tolle introduces readers to enlightenment and its natural enemy, the mind. He awakens readers to their role as a creator of pain and shows them how to have a pain-free identity by living fully in the present.
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The 4-Hour Work Week
In this is a new, updated and expanded edition of this New York Times bestseller on how to reconstruct your life so it's not all about work. Forget the old concept of retirement and the rest of the deferred - life plan - there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, earning a monthly five-figure income with zero management, or just living more and working less, this book is the blueprint.
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Never Eat Alone
Do you want to get ahead in life? Climb the ladder to personal success?
The secret, master networker Keith Ferrazzi claims, is in reaching out to other people. As Ferrazzi discovered in early life, what distinguishes highly successful people from everyone else is the way they use the power of relationships—so that everyone wins.
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Outliers: The Story of Success
In this stunning new book, Malcolm Gladwell takes us on an intellectual journey through the world of "outliers"--the best and the brightest, the most famous and the most successful. He asks the question: what makes high-achievers different?
His answer is that we pay too much attention to what successful people are like, and too little attention to where they are from: that is, their culture, their family, their generation, and the idiosyncratic experiences of their upbringing.
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The 10X Rule
While most people operate with only three degrees of action-no action, retreat, or normal action-if you're after big goals, you don't want to settle for the ordinary. To reach the next level, you must understand the coveted 4th degree of action. This 4th degree, also know as the 10 X Rule, is that level of action that guarantees companies and individuals realize their goals and dreams.
The Importance of Regular Reading in the Real Estate Industry
Reading helps to keep you informed of the latest trends and changes in real estate law, software and apps, marketing techniques, and other essential aspects of the industry. By staying on top of developments in the field, you will be better equipped to serve your customers and maximize your success.
Read about the latest information in the real estate industry to ensure you get all the critical updates that could benefit your business, like new software or property management platforms available on the market. Also, by staying abreast of technology, you could take advantage of opportunities to help you better serve your clients.
In addition to the professional benefits, reading for personal development can also positively impact your life. Taking time to read books or articles related to self-improvement can help you become more mindful and aware of yourself and the others around you. This improved self-awareness is essential in developing relationships with colleagues and customers and helping to create a healthier work environment.
Overall, making time for regular reading is beneficial in many ways; it's not just about what's printed in books but how it applies directly to your professional and personal life. Reading allows us to challenge ourselves and helps to push us to become better versions of ourselves, both professionally and personally. Taking time to read can help you stay ahead in the real estate industry and lead a more fulfilling life.
So take some time each day for personal and professional growth by reading. You'll be grateful that you did.