The World's Best Book Summaries
What’s a value investing strategy? How do you find underpriced securities? According to The Most Important Thing by Howard Marks, value investing is the cornerstone of successful investing. This involves the practice of purchasing securities below their intrinsic value. Here’s why you should choose value investing over growth investing, and how to look for underpriced securities.
What are common investing mistakes that are easy to make? How can you avoid these pitfalls? While safe investing sounds straightforward in theory, investing is more complicated in practice. As The Most Important Thing by Howard Marks points out, that’s because investors often succumb to emotional or intellectual pitfalls when investing. Let’s look at the primary investing mistakes that you must avoid to maximize your success.
Do you need to take out a loan but worry you’ll be rejected? Is there anything you can do to reduce the odds of rejection? Loan rejections in the US are at a record high, affecting Americans’ ability to buy cars, get mortgages, and access credit cards. Applicants can improve their chances of loan approvals by improving their credit scores, reducing credit utilization, and rebuilding their credit. Here are some of the reasons behind the increase in rejections, and some steps you can take.
What’s emotional investing? What type of emotions will prevent you from making good investments? When investing in the stock market, emotions of all kinds could stir you up. Howard Marks’s book The Most Important Thing contends that three key emotions (greed, fear, and the desire to conform) affect investors’ decisions and cut into potential profits. Check out how emotional investing could make or break your career as an investor.
What’s The Book on Rental Property Investing by Brandon Turner about? Do you want to get rich off managing real estate properties? In The Book on Rental Property Investing, Brandon Turner covers each stage of the rental property investment process. Additionally, he explores overarching strategies that’ll help new investors think professionally about their portfolios. Read below for a brief overview of The Book on Rental Property Investing.
Why do people buy rental properties? How do rental properties make a profit? Whether it’s a commercial property or a single-family home, rental properties are valuable to invest in. If you’re wondering how these properties generate income, Brandon Turner’s book The Book on Rental Property Investing explains the process. Keep reading to learn how rental properties make money.
Are you ready to invest in your first property? How do you choose an investment property that’ll generate money? The Book on Rental Property Investing by Brandon Turner covers the basics of finding properties to invest in. You need to choose the location of your rental properties, the different property types to pick from, and how to find suitable properties. Continue reading to learn how to choose an investment property.
What are the different rental property types to choose from? How valuable are each of these property types? Investors should consider what type of property they’re interested in renting. Each has advantages and disadvantages: The Book on Rental Property Investing by Brandon Turner suggests considering things like maintenance needs, financing options, and competition when choosing what’s right for you. Below we dive into the various rental property types and what they bring to the table.
How can you find investment properties? Will you have better luck finding them online or in person? If you already know what type of property you’re interested in, it’s time to nail one down. There are several methods to do this, such as searching through eviction records or using an online database. Discover how to find investment properties in five different ways.
What types of lenders will help you finance an investment property? What’s the process of obtaining a loan? If you don’t have the cash on hand to buy properties outright, Brandon Turner states it’s essential to understand your leverage options. In The Book on Rental Property Investing, he examines three specific lender types: conventional, portfolio, and private. Keep reading to learn more about these types of lenders and how to get a loan.