Best property books

Thought I would start a thread on everyones favourite property books.

Mine are (in no particular order)

Reno kings “10 golden rules” and “secrets of prop investment”- dirt cheap, fantastic info, packed with finding, buying, managing info. Have found much info in here worth a mint that is not mentioned anywhere else.

Ricks wrap pack- excellent (cant comment on steves as I havent read it, and cant buy the new one yet!) ps- when is the new pack going on sale????????????????????????????????????????

Penguin’s “diy manual” – truly a bible to allow us hubbies to dig ourselves out of the various holes we have dug for ourselves.

Noel whittakers “making money made simple” an oldie but a goodie. Good common financial sense. Strange, but now when I read his newspaper articles, he is heavily into borrowing for shares, a tactic he expressly discouraged in his old book. (the cynical would say that as a financial advisor, he would love the 1% commission available, but can only charge hourly rates on property investing!)

Rich dad/ poor dad by Kiyosaki- loved this book, fascinated by it, until I read a rebuttal on the net showing that most of the content was probably not true, and unlikely to have happened (example- no one has actually been able to track down his “rich dad”!). Still, a fascinating read, but take with a grain of salt.

And, last but by no means least, 0-130 properties. An excellent book, with the benefit of showing how to own a massive number of cash positive (but slower appreciating in cap gains) properties, rather than owning one or two neg geared properties (which will usually appreciate faster) I think that this book has fundamentally changed the way that we view property investment. But after a long property bull run, unfortunately most properties (in all cities, and most regional centres) have far overshot their fair prices, well into negative gearing territory! I wish that there were more deals around like this these days! In NSW, there is very few cash +ve props, and they are in the one and two horse towns, and if they die, so will your investment. example- just came back from tassie, saw a couple of houses for sale in Roseberry (a amall 3000person mining town on the west coast). Houses three years ago were 5-15K- yes, you could get change from fhog!. Now, some were asking the rediculous price of 60-80k! There are only two employers in town- a pasminco zinc mine (pasminco is going into liquidation) and rennisson, a tin mine. If one, of both companies go bust, the town will be a ghost town overnight.

Any other bookworms or bibliophiles out there?