If you want to improve or change your situation, then education is an important part of doing that. Applying what you learn is just as important as educating yourself. At DurhamREI meetings I have mentioned that I read 3-4 books a month, which help to sharpen my saw and keep me focused.
I’m really proud of my library of books, but I don’t think many other people in my household would think so. As it continues to grow, take up more shelves, and more room in our house. Over the years, I’ve found going back to the books in my library helpful in my real estate business.
I’ve been asked several times on my process for consuming 3-4 books each month.
I do purchase books from a number of different online stores, but mostly from Amazon and Chapters. I will spend some time reading physical books during each day and on weekends. I set aside at least 30 minutes for reading each day. Sometimes, I sneak a little more reading time on the weekends.
I will also listen to the audiobook version of a book, and if I like it I will also purchase a physical copy of the book. My preferred Audiobook source is Audible.
I subscribe to the Audible Listener Gold Annual Plan. This gives me 12 credits all at once for the year, and the ability to roll-over half your credits if you don’t use them.
If you go on a trip and want to purchase an extra book it’s quite easy to do with this membership. Audible also provides the opportunity to purchase extra credits during the year at discounted prices. You will probably spend around $12.50 per audiobook using this method on average.
There are a few reasons why you should like using Audible.
One the things I don’t like about Audible is that I can only use downloaded books from their library. If I have an audiobook that I purchased elsewhere, I can’t listen to it through Audible.
If you want to give Audible a try for free for 30 Days, you can get two free audiobooks by clicking here.
Quentin D’Souza is the Chief Education Officer of the Durham Real Estate Investor Club. Author of The Property Management Toolbox: A How-To Guide for Ontario Real Estate Investors and Landlords and The Ultimate Wealth Strategy: Your Complete Guide to Buying, Fixing, Refinancing, and Renting Real Estate.