recommended reading

 

Ready for some personal development books that will change your life? Rob has spent a lifetime amassing wisdom. These are the recommended reading books that he returns to time and time again! Want to check these out for yourself? Then buy them on Amazon with the links below:

Recommended Reading - take notes on personal growth books will help you learn all you can from them.Recommended Reading For Personal Growth

Rob starts off the clip reminding us that readers are leaders. Yes, that’s a cliche’ we’ve all heard before, but it’s a cliche’ for a reason – it’s true!

The Psychology Of Money by Morgan Housel is first on Rob’s recommended reading list. He promises that reading this book will change your outlook on both investing and wealth. Buy Back Your Time by Dan Martell may not be a comprehensive guide, but it will help you understand how much you should value your time. Remember, time is the one commodity you can not get more of! The Richest Man Who Ever Lived by Steven K. Scott has helped Rob apply Godly wisdom from the Book of Proverbs to his life. Remember, God gave Solomon a choice between wealth and wisdom. Solomon chose the gift of wisdom, so God blessed him with enormous riches as well. After all, a fool and his money are soon parted.

Finally, Rob highlights The 7 Habits Of Highly Effective People by Stephen R. Covey.  He constantly references this book in our community meetings, with good cause. This book is a game changer, teaching how to center our business and personal lives around principals. You don’t have to read it all the way through again to learn from it. Flip to a chapter that applies to your current needs for a quick refresher course.

Although Rob listens to audiobooks on the go, he stresses that physical books are better for learning. He practices repeating and highlighting passages that jump out at him. When you have a book in front of you, rather than Airpods in your ears, chances are that you are focused in. There’s less of a chance that you’ll be distracted by something you see while reading.

Join The ATL Inner Circle Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

What are the best wealth building books for your shelf? Rob Rowsell, successful multifamily real estate investor, reveals what material you need to read in order to increase your financial IQ!

Which wealth building books should you study? Recommended reading for real estate investorsBest Wealth Building Books – The Wealthy Code

Rob starts the video clip by introducing the book The Wealthy Code by George Antone. Specifically, he covers the three levels of affluence it covers, relative to financial independence. Each level (Rich, Wealthy, Job) centers around businesses. Rich Dad, Poor Dad author Robert Kiyosaki defines a business as an entity that can operate independently if you, the owner, were physically absent for a year. If that statement isn’t true for you, you have a job, and can’t be financially independent. A job requires your time and attention for a minimum of ten hours per week.

If wealth building is your goal, then you must develop passive income. Anyone with a job that pays above their means can start small, investing that extra money into investments that appreciate in value. Eventually, those properties will generate cash flow. Cash flow is wealth. Learning that fact and amassing the knowledge on how to properly redirect those funds was a game changer for Rob Rowsell.

When Rob first started his house flipping business, he was not setting himself up for regular passive income. A mentor advised him to keep every third or fourth property and collect rent from the tenants, rather than selling it. This meant that he could gradually decrease the work hours he invested in his real estate business. Over time, that business became less of a job, and more of a passive income engine.

Best Wealth Building Books – Money: Master the Game

Next, Rob shares a page from Tony Robbins’ book Money – Master the Game. This is one of the best wealth building books, cited by countless successful investors. The page features an illustration of a mountain, outlining a wealth journey. The peak of the mountain, labeled “Critical Mass”, represents the point where we retire. As we climb the mountain, we are accumulating money for our retirement. The de-cumulation phase occurs on our way down from the peak.

The “Nest Egg Theory” says we should have a big enough bag of money saved up to last us the rest of our lives when we retire. However, life happens. The nest egg may not last us the rest of our lives. We may have to work another job in our golden years in order to make ends meet. Ideally, we have a passive income stream instead that ensures that we make it through.

Join Our Community of Investors.

Do you own multifamily properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the ATL Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Enroll today!