Nick HutchisonFounder and CEO, BookThinkers

A must-read for anyone interested in real estate investing

29 Dec 2023 · 1 min

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Nick Hutchison argues that deep local knowledge of a real estate submarket beats stock investing. Spend 90 days studying one area and you'll know more than 90% of other investors. He recommends James P. Nelson's The Insider's Edge to Real Estate Investing for the insights he wishes he'd had starting out.

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Breaking news, insider trading is now legal. In fact, it's been legal for a little bit of time now, but I'm not talking about in the stock market. I'm talking about in real estate. In fact, insider trading is actually what differentiates real estate investing from stock market investing and why you can make so much more money doing it. Because getting the inside scoop, being an insider in a real estate market has huge advantages. Check out the following stat. If you study a submarket for even 90 days, you will know more about that area than 90% of the generalist investors with whom you compete. As a real estate investor myself, I wish I had this book when I first started my journey. If you want to get into it, make sure you grab a copy of The Insider's Edge to Real Estate Investing by James P. Nelson.