What makes a successful real estate investor?
There are many factors involving one’s success and we all agree to disagree. But I’m pretty sure there is one thing we all agree on – the power of information.
The most successful investors in the biz are the ones who take time to dig deep and know more about the industry. Knowledge is definitely power. The more you know about your field, the better you are at it. Many of us ‘Type A” personalities are constantly trying to learn more about subjects such as:
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Negotiation
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Personal productivity
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Marketing
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Health and fitness
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SEO and, of course..
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Real estate investing
The question is, how can I fit all the knowledge I want to accumulate in the time I have?
In this day and age, we have all the resources we need to be knowledgeable. Type what you need to know on Google and voila, you get all the answers you need and more.
There are also these things we call books. There are tons of books out there about how to be a great real estate investor. But of course, not every book is worth it. Some are great, some are meh, and some just don’t make the cut.
However, do we really have the time to read every single book recommended by the pros? Either we’re too busy to finish an entire book or we just don’t like to read at all. Which is why book summaries can be so helpful.
How to Read a Book in Under 15 Minutes
Blinkist is a book summary app with over 2,000 book summaries that can be used on the phone or on the web. The summaries are divided into different groups, such as:
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Science
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Biography & History
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Politics & Society
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Economics
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Relationships & Parenting
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Personal Growth & Self-Improvement
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Money & Investments
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Productivity & Time Management
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Psychology
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Motivation & Inspiration
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Marketing & Sales
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Management & Leadership
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Health & Fitness
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Entrepreneurship & Small Business
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Corporate Culture
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Communication & Social Skills
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Technology & the Future
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Mindfulness & Happiness
To keep their users up to date, they regularly add new book summaries to their library. They add about 40 new summaries every month.
Blinkist uses an outline that makes reading easier. Every summary is divided into eight to 12 key book insights called blinks.
It’ll approximately take about one to two minutes to read an insight. And once you’re done, you can swipe to go to the next blink. Don’t worry if you got interrupted or accidentally closed the app, you can pick up right where you left off.
Pricing
Blinkist has both a free version and a premium version with a seven-day free trial.
As expected, you don’t get much freedom with the free version. You can only read one pre-selected book per day – the one that’s found on Your Daily Pick.
As for the Blinkist Premium, you can pay monthly or annually. The monthly plan costs $12.99 per month, while the annual plan is priced at $6.67 per month but you’re billed $79.99 annually.
That’s pretty cheap when you think of all the book information you can digest.
Premium gives you all the freedom you need. Not only will you be able to access over 2000 book summaries, you’ll also be able to:
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Learn hands free with audio
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Highlight ideas you love
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Enjoy your library offline
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Sync highlights with Evernote
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Send your reads to Kindle
You can use Blinkist on your desktop or as an app on your phone. But Blinkist is designed for people on the go... people who don’t have time to read tons of books. You can download the app on iTunes or Google Play and then you can create an account through your email or Facebook profile.
Should You Get Blinkist?
One of the main reasons to use Blinkist is that it helps you learn more in such a short amount of time. Why spend all day trying to read a book when you can do it for around 15 minutes? Blinkist offers really great non-fiction books for you to choose from. Reading the summary of a book lets you know the book’s content. Is it worth buying or is it not?
Blinkist is ideal for people who…
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Don’t have the time to read tons of books.
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Want to stay up to date with the latest happenings in the industry.
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Want to be reminded of the key points in a book.
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Want to preview a book before reading in its entirety.
As investors we are always trying to find ‘hacks’ or shortcuts to make the maximum use of our time. Blinkist may help you keep up with the latest incites and improvements for you and your business
Take note of what you are reading. Highlight, underline, or jot down parts of the book that you think are important for you.
Read the summaries of different fields. Read from other fields and businesses. How can you apply what they are doing to real estate?
Don’t rely on one source. Read more books, blogs and news articles. Listen to podcasts – make use of technology to learn all there is to learn.
Don’t just read a book and toss it aside. Reread what you’ve learned every now and then so you can be reminded of important ideas you may have forgotten.
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.