As you’ve probably found, the internet (and book stores) are full of real estate investing resources, from books, CD’s, websites etc. As with anything there are a lot of great ones but also a lot of bad. I’d recommend staying away from the high priced seminars and “gurus” you hear on radio ads. Not only can their info be found easily and cheaply online, but they are usually not that great at what they do…they’re great salespeople.
With that said here are a few resources that can be helpful, but my most important piece of advice would be to TAKE ACTION, too many people are plagued by analysis-paralysis. Read a book (or two), yes, but the experience you’ll gain by actually doing your first flip or picking up an income property is invaluable.
The plethora of real estate investing books can be overwhelming, but many of them come off more as a sales pitch rather than actual substance. The ones listed below would be my recommended starting point, you definitely don’t need to read all of them as there is overlap, but all provide good knowledge.
The Book on Investing in Real Estate With No (and Low) Money Down by Brandon Turner
The Millionaire Real Estate Investor by Gary Keller and Dave Jenks
The Book on Flipping Houses by J. Scott
Building Wealth One House at a Time by John Schaub
Landlording on Autopilot by Mike Butler
Rarely would I direct you away from my website, but there are a few solid sites/forums available. Bigger Pockets is probably the largest and most legit. They have a number of great calculator tools that are specific to investing so you can analyze your deals properly and easily. The site can be found here.
Local Investment Groups:
There are a number of real estate investing groups throughout the various counties here in Massachusetts. Not only are they a great source of information but also networking. Being surrounded by people who have done or are in the process of doing what you want to be doing is infectious and may be just what you need to take the next step. If you do a Google search for [your local area] + REI or + real estate investing, it should produce some results.