7 Books You Need to Get Heading Into 2021

With the holidays upon us, we share our recommendations for 7 books that will make excellent holiday gifts.  --- Transcript   Tom: Greetings, and welcome to The Remote Real Estate Investor. On this episode, we're coming into holiday season and with holiday season, it's gift giving. So we're going to talk about on this episode, our favorite books that we have read to help us with our investing career. And we're gonna talk about why we like them some highlights over them. And this could be something you give to yourself or give to a friend. All right, let's do it. How is everybody doing today?   Michael: Stuffed still from Turkey and pie.   Tom: Nice. Lowkey he goes, just go to family stuff.   Michael: Yeah, we just stay put. My wife and I we had a friend in town. We adopted a friend as part of our family. So had something at the house hung out. It was great,   Tom: Nice, Emil?   Emil: We had some family over in the backyard. It was windy and cold that night in Los Angeles, which is rare. So everyone was in cold turkey and mashed potatoes by the time we brought it to their table. But you know, it was good times.   Tom: Yeah, Pierre?   Pierre: So I just went down to visit family had Thanksgiving with my mom and my sister. And then you know, got out and hiked at Big Sur and had a grand old time.   Michael: Nooiice.   Tom: Nice, it was beautiful out.   Pierre: It was gorgeous. Yeah, it was beautiful.   Michael: Tom, would you get up to man? Tom: Oh, lowkey. Little mother in law, Thanksgiving dinner, very lucky. Usually with the holidays. I'm like, my parents are local. And my wife's parents were like bouncing from house to house. But to limit the exposure, we just did one house and it's kind of mellow, kind of mellow like that. But let's go ahead and jump right into it. So on today's episode, as we mentioned, it's going to be the books episode. So this could be used as a gift for yourself, for somebody who you think might get value out of it. But let's go and start with Michael. Michael, what is the book that you're bringing to the table to talk about first?   Michael: The book that I'm gonna bring to the table talking about first is a classic. It's been talked about for years and years. And I think so many real estate investors have gotten so much value out of it. And that's Robert Kiyosaki Rich Dad, Poor Dad.   Tom: Hmm.   Michael: And so he's a pretty prevalent author. He's written numerous books, but this is the one that I kind of set me off on my path to real estate investing. And it's funny, I always say that it it kind of summarized what I had always known and kind of thought was true, but put it really nicely into a packaged sentence in Word format, because I'd always have these jumbled ideas in my head. And then I read this book, and I was like, Oh, yeah, like, that's what I've been trying to say, for all this time. And it's a super easy read. It's not complicated. It's more of a mindset book and a mindset shift book. And it's super straightforward, very easy read very simple, simple concepts.   But at its highest in its highest level, most basic level, it basically says buy assets don't buy liabilities, that's what it boils down to. And so if you can do that more times than not, you'll end up net positive, and that should be good. And so it doesn't talk about how to invest in real estate, it doesn't talk about the mechanics of what that looks like. It just talks at a high level, hey, these are some things that you should be thinking about, and different ways to be thinking about some of the things you probably already know. And so he tells the story from a child's perspective, and it was just super great read.   Tom: I bet you so many people have had their real estate awakening, like to that book, like, wait a minute, like, I want assets. I think that's been such a common I don't know in disgust talking to other people that Rich Dad, Poor Dad is just such an eye opener, because I mean, it's really easy to have