A married couple with a 47-unit real estate portfolio worth $19 million share the top 4 books that got them started on the path to building wealth
— one that's led them to where they are today, owning a 47-unit portfolio worth $19 million, according to official documents verified by Insider.
"We're taught to go to school, buy a house, get married, put your money in a 401k, retire, that's it. Kiyosaki's like, 'no, no, no.' There's this whole other thing about building wealth," said Simpson."If you're thinking about getting into real estate, you need to read 'Rich Dad Poor Dad.'" Simpson and Moore followed up their March 2014 courthouse wedding with an official ceremony six months later.Understanding different real estate tax strategies hits close to home for Simpson and Moore, who raced against time to get married in March 2014 to take advantage of a tax benefit before the sale of their first property closed.
This book provides a lot of overview into real estate investing and is especially great for beginners, particularly due to author Ken McElroy's experience and success in real estate investing, said Simpson, who also listed McElroy's"Real Estate Strategies Podcast" as one of his favorites.
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